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As Ozempic/Wegovy frenzy continues, Morgan Stanley lifts forecasts for weight-loss drugs to $77 bill...
21 July 2023
Morgan Stanley on Friday lifted its forecast for annual sales of weight-loss drugs to $77 billion, as patient demand for the medicines has outstripped supply and been fueled by a social-media frenzy.
Shares of watch makers and retailers advance as buoyant sales confound luxury pessimists
13 July 2023
Shares in European watch groups jumped Thursday, after updates confounded fears of a slowdown in demand for luxury items.
U.K. gas giant reaches $8 billion deal to import U.S. liquified natural gas
11 July 2023
Centrica on Tuesday said it's reached an $8 billion deal to import U.S. liquified natural gas, the latest step taken in Europe to diversify supplies after a spike in costs stemming from Russia's invas...
U.K.'s biggest water utility faces government takeover as it sinks under debt pile
28 June 2023
Thames Water, the U.K's biggest water company, may be on the brink of nationalization as the government considers its options for the heavily indebted utility.
Actor Idris Elba launches marketing agency
15 June 2023
Actor Idris Elba, who played the sharp-dressed and business-savvy gangster Russell “Stringer” Bell in iconic noughties TV show The Wire, is launching a marketing and content business based from his ho...
U.K. says it will withdraw windfall oil and gas tax — if prices drop below these levels
9 June 2023
The U.K. government on Friday said it will keep a windfall profit tax on oil and gas companies in place, unless both oil and natural gas prices fall below their 20-year averages.
Lionel Messi to play last match at Paris Saint-Germain on Saturday, PSG manager confirms
1 June 2023
Lionel Messi arrived two years ago wearing a T-shirt emblazoned with “Ici c'est Paris,” or “This is Paris” — a favorite cry among Paris Saint-Germain fans — and to chants of “Messi! Messi! Messi!
Flight cancellations, strikes raise fears of new summer travel chaos in Europe
26 May 2023
British Airways canceled dozens of flights Friday, blaming computer problems for disrupting plans for thousands of passengers at the start of a busy holiday weekend — a rocky kickoff to the summer tra...
Five banks unlawfully shared information on government bonds, U.K. regulator says
24 May 2023
The U.K.'s Competition and Markets Authority on Wednesday said it has provisionally found that Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada broke competition law by exchanging se...