LONDON (Reuters) – Britain scrambled fighter jets on Wednesday after detecting unidentified aircraft approaching its airspace, the defence ministry said. “Quick reaction alert Typhoon fighters from RAF Lossiemouth, supported by a vogayer tanker from RA…
Capri plans price increases at Michael Kors, Versace as luxury fashion booms
By Ananya Mariam Rajesh and Uday Sampath Kumar (Reuters) -Michael Kors owner Capri Holdings on Wednesday reported a 24% jump in holiday-quarter sales and raised its full-year outlook, saying it would further increase prices across its brands to take ad…
Azerion NV lists in Amsterdam after SPAC deal, valued at over $1.8 billion
AMSTERDAM (Reuters) – Azerion Group NV, a digital advertising and entertainment company, on Wednesday listed in Amsterdam after its acquisition by a special purpose acquisition company (SPAC) called EFIC1 was completed. Shares in the new entity traded …
UK PM: we will seek to recover money lost to COVID support scheme fraud
LONDON (Reuters) – British Prime Minister Boris Johnson said on Wednesday the government would continue to try to recover taxpayer’s money lost to fraudulent claims for financial support during the coronavirus pandemic. “Of course we despise fraud and …
SSAB warns blast furnace repair to hit Q1 earnings
STOCKHOLM (Reuters) – Swedish steelmaker SSAB said on Wednesday that repair work after an unplanned outage at one of its blast furnaces in Raahe, Finland, would last through February with first-quarter earnings taking a 600 million Swedish crown ($65 m…
British COVID trial deliberately infecting young adults found to be safe
By Josephine Mason and Jennifer Rigby LONDON (Reuters) -The world’s first “human challenge” trial in which volunteers were deliberately exposed to COVID-19 to advance research into the disease was found to be safe in healthy young adults, leaders of th…
Harbour Energy’s Phil Kirk steps down
By Ron Bousso LONDON (Reuters) – Harbour Energy’s Europe Chief Executive Phil Kirk will step down at the end of the month, after helping transform the company from a small North Sea oil and gas firm to the basin’s largest producer. Harbour, which is le…
Novo Nordisk shares rise on upbeat outlook
By Nikolaj Skydsgaard COPENHAGEN (Reuters) – Shares in Novo Nordisk rose more than 3% on Wednesday after the Danish drug developer delivered a better-than-expected earnings outlook for 2022 despite missing fourth quarter operating profit expectations. …
Swedbank Q4 operating profit narrowly lags forecast
STOCKHOLM(Reuters) – Swedish bank Swedbank on Wednesday reported a slightly lower-than-expected operating profit for the fourth quarter as continued global supply problems held back economic growth in home markets. Swedbank’s fourth quarter operating p…
Myanmar shadow government drops objections to ICJ’s Rohingya genocide case
(Reuters) – Myanmar’s shadow government, set up after last year’s military coup, said it accepts the jurisdiction of the International Court of Justice (ICJ) to hear allegations that the country committed genocide against its Rohingya minority. Before …