Pfizer RSV vaccine lags GSK’s as head-to-head competition underway

(Reuters) – Pfizer (NYSE:PFE), which dominated COVID vaccine sales, now finds itself looking up at GSK, whose rival new respiratory…

EU regulators set new Feb 14 deadline on Amazon/iRobot deal

(Reuters) – European Union (EU) antitrust regulators will decide by February 14 next year on whether to clear Amazon (NASDAQ:AMZN)’s…

European stocks edge higher; inflation data in focus ahead of Fed meeting

European stock markets traded with small gains Monday as investors digested regional inflation data, ahead of several central bank meetings,…

UAW’s record deal could boost others’ wages as labor notches another victory

(Reuters) – The tentative agreement reached between the United Auto Workers and two of the Detroit Three automakers marks another…

Why is Siemens Energy seeking $16 billion state guarantees?

(Reuters) – Talks between the German government and Siemens Energy to strike a deal over around 15 billion euros ($15.9…

Santander readies sale of bad assets worth 5 billion euros- Cinco Dias

(Reuters) – Spain’s Santander (BME:SAN) is planning to sell toxic real estate assets with a nominal value of up to…

Marelli plant closure forewarns painful electric vehicle transition

(Reuters) – Around 230 workers in Italy’s “Motor Valley” have begun striking over the planned closure of their auto parts…

Tech giants drive AI investments, auto industry faces labor issues

Wall Street is bracing for a busy week filled with key events such as the Federal Reserve’s interest rate decision,…

Ryanair threatens to cancel Boeing orders amid persistent delivery delays

Ryanair’s (NASDAQ:RYAAY) CEO, Michael O’Leary, has publicly criticized Boeing (NYSE:BA) due to ongoing delays in delivering its flagship 737 Max…

Panasonic cuts battery unit’s profit outlook, warns on high-end EV sales

(Reuters) – Panasonic Holdings, which supplies Tesla (NASDAQ:TSLA), said on Monday it had cut automotive battery production in Japan in…