Reuters UK/EU - Squid Business

Novo Nordisk invests $1.2 billion in new rare disease drugs plant in Denmark

By Anna Ringstrom and Maggie Fick STOCKHOLM/LONDON (Reuters) -Danish drugmaker Novo Nordisk will invest 8.5 billion crowns ($1.20 billion) in a new facility in Odense, Denmark, for the production of rare disease drugs, it said on Monday. The site will manufacture various types of rare disease drugs, including those for the treatment of haemophilia, Novo …

Novo Nordisk invests $1.2 billion in new rare disease drugs plant in Denmark Read More »

Finland to acquire a new icebreaker for its fleet

HELSINKI (Reuters) – Finland will replace one of its eight existing icebreakers with a new vessel to secure open routes in the Baltic Sea year round, the Finnish government said on Monday. The announcement followed the signing of an “ICE Pact” last month, a deal between the United States, Canada and Finland to jointly advance …

Finland to acquire a new icebreaker for its fleet Read More »

EU adds Niels Troost to Russia sanctions list

LONDON (Reuters) – The EU has added Niels Troost, the businessperson controlling Paramount Energy and Commodities DMCC, to its Russia sanctions list on Monday, according to a document published online. The EU said Paramount “repeatedly traded Russian oil above the oil price cap after its introduction” in the document. Paramount was sanctioned by the UK …

EU adds Niels Troost to Russia sanctions list Read More »

Johnson Matthey’s largest shareholder calls for strategic review, board reshuffle

(Reuters) -Standard Investments, the largest shareholder in UK’s Johnson Matthey, on Monday urged the British autocatalyst maker to initiate a strategic review and overhaul its board. Standard Investments, which holds an 11% stake in the London-listed company, said in a letter addressed to Johnson Matthey Chairman Patrick Thomas that the board and management had remained …

Johnson Matthey’s largest shareholder calls for strategic review, board reshuffle Read More »

Soccer-Women’s Euro 2025 players to receive share of prize money for first time

By Lori Ewing (Reuters) – Players participating in the Women’s Euro 2025 will receive a percentage of the prize money for the first time, European football’s governing body UEFA announced on Monday. The UEFA Executive Committee approved a prize pot of 41 million euros for the tournament in Switzerland, representing a 156% increase from the …

Soccer-Women’s Euro 2025 players to receive share of prize money for first time Read More »

Britain to publish economic and fiscal forecasts on March 26

LONDON (Reuters) – Britain will publish its next set of economic and fiscal forecasts from the Office for Budget Responsibility (OBR) on March 26, finance minister Rachel Reeves said in a statement on Monday. The forecasts will be the first test of whether Keir Starmer’s Labour Party government, elected in July, is on track to …

Britain to publish economic and fiscal forecasts on March 26 Read More »

EU kick starts new secure satellite constellation

BRUSSELS (Reuters) – The European Commission on Monday awarded contracts to push forward delayed plans for a 10.6 billion euro ($11.13 billion) secure European satellite constellation in response to Elon Musk’s Starlink and other fast-growing internet networks. The multi-orbit array of more than 280 satellites known as IRIS² will provide an encrypted backbone for European …

EU kick starts new secure satellite constellation Read More »

Putin accuses West of pushing Russia to its “red lines” forcing it to respond

MOSCOW (Reuters) – Russian President Vladimir Putin on Monday accused the West of pushing Russia to its “red lines” – situations it has publicly made clear it will not tolerate – and said Moscow had been forced to respond. Putin told a meeting of defence officials that Russia was watching the U.S. development and potential …

Putin accuses West of pushing Russia to its “red lines” forcing it to respond Read More »

Romanian government talks hampered by demand for fiscal clarity

By Luiza Ilie BUCHAREST (Reuters) – One of the four Romanian parties due to join a coalition government demanded clarity over taxation and spending plans on Monday, hampering the talks as the country races to stem the political chaos after the presidential election was annulled. The four pro-European parties reached a firm commitment to form …

Romanian government talks hampered by demand for fiscal clarity Read More »

Tax Russia to rebuild Ukraine and increase defence spending, Estonia says

By Andrius Sytas TALLINN (Reuters) – Estonia will propose that the leaders of the United Kingdom-led alliance of northern European NATO countries spend no less than 2.5% of GDP on defence in response to the threat from Russia, Prime Minister Kristen Michal said on Monday. Only 23 of the 32 NATO members are on track …

Tax Russia to rebuild Ukraine and increase defence spending, Estonia says Read More »