Author Archives: Syndicated Content

By Ludwig Burger FRANKFURT (Reuters) - The CEO of Germany's Merck KGaA said the company's experimental multiple sclerosis drug can be a "blockbuster", an industry term for annual sales that exceed $1 ...

By Darya Korsunskaya and Alexander Marrow (Reuters) - Russia could miss its 2024 revenue target and be forced to hike business taxes if the rouble proves stronger than expected in the budget and optim...

By Ludwig Burger FRANKFURT (Reuters) - Germany's diversified group Merck KGaA has raised the prospect of returning to revenue growth next year, recovering from a slump in demand for its specialty mate...

(Reuters) - Swiss online drug retailer DocMorris on Thursday narrowed down the higher end of its annual core loss forecast, citing weaker development in the paper prescription business. It sees adjust...

BEIJING (Reuters) - China supports Egypt's efforts to open humanitarian corridors, and is willing to strengthen coordination with Egypt and Arab countries to promote an early, comprehensive and lastin...

TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 24.9% fall in third-quarter net profit on Thursday as global economic woes hit demand for chips used in applications from cars to cellphones and ser...

By Gilles Guillaume PARIS (Reuters) -French carmaker Renault said on Thursday its revenues rose by 7.6% in the third quarter thanks to sales of higher-end market models, though currency depreciations ...

LONDON (Reuters) -Nestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers balk and hurt volumes. The packaged goods industry has for over two years...

By Supantha Mukherjee STOCKHOLM (Reuters) -Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost savings plan after third-quarter sales drop 20% due to ...

(Reuters) - Roche said nine-month sales slipped 6% to 44.1 billion Swiss francs ($49.1 billion), hit by a sharp decline in sales of COVID-19 products and as a strong Swiss franc weighed on the value o...