(Reuters) – AstraZeneca said on Tuesday it will acquire oncology firm TeneoTwo Inc in a deal worth up to $1.27 billion, including the company’s initial stage T-cell engager. The London-listed drugmaker plans to buy all outstanding equity of TeneoTwo fo…
Austria’s OMV says reduction in gas deliveries has eased to 40%
BERLIN (Reuters) -Austria’s OMV said on Tuesday that the country’s gas supply situation had improved somewhat, with the reduction in deliveries now at around 40%. Previously the reduction in gas deliveries had been around 50%, according to the oil and …
Euro slides to two-decade low, equities sink as recession fears intensify
By Sinéad Carew (Reuters) – Wall Street’s major stock indexes followed European stocks lower on Monday, and the euro sank to its weakest level against the dollar since late 2002, as investors sought safety after the latest data piled on to fears about …
Equinor starts shutting Norwegian oilfields due to strike
OSLO (Reuters) – Norway’s Equinor has initiated a shutdown of the Gudrun, Oseberg South and Oseberg East fields in the North Sea as a result of a strike among Norwegian offshore workers, the company said on Tuesday. (Reporting by Victoria Klesty, Editi…
Cricket-Officials investigate racist abuse allegations at Edgbaston test
(Reuters) – Warwickshire County Cricket Club said officials are investigating allegations of racist behaviour among members of the crowd at Edgbaston on the fourth day of the fifth test between England and India. A number of supporters said on Twitter …
Rusting Eiffel Tower in need of full repairs, reports say
PARIS (Reuters) – The Eiffel Tower is riddled with rust and in need of full repairs, but instead it is being given a cosmetic 60 million euro paint job ahead of the 2024 Olympic Games in Paris, according to confidential reports cited by French magazine…
Germany’s Scholz revives 1960s-style meets with unions, bosses on inflation
BERLIN (Reuters) – German Chancellor Olaf Scholz met trade union and employers association leaders on Monday for the first of a series of meetings aimed at tackling what he called a “historic” cost of living crisis caused by spiraling energy prices. Li…
Airline SAS says survival at stake as pilot strike grounds flights
By Anna Ringstrom, Essi Lehto and Supantha Mukherjee STOCKHOLM (Reuters) -Wage talks between Scandinavian airline SAS and its pilots collapsed on Monday, triggering a strike that puts the future of the carrier at risk and adds to travel chaos across Eu…
Ukraine now says no troops yet on recovered Snake Island to raise its flag
KYIV (Reuters) – The Ukrainian flag has been delivered by helicopter to Snake Island in the Black Sea after Russian forces withdrew from the strategic outpost last week, and it will be raised as soon as Ukrainian troops arrive, Ukraine’s military said …
UK says to strengthen internet laws to fight Russian disinformation
LONDON (Reuters) – Britain is proposing a new law that will require social media companies to proactively tackle disinformation posted by foreign states such as Russia, the government said on Monday. The law would tackle fake accounts on platforms such…