Regeneron quarterly profit drops as COVID antibody sales hit

(Reuters) -Regeneron Pharmaceuticals reported a 13% fall in quarterly profit on Wednesday, as sales of its COVID-19 antibody cocktail were hit by the U.S. health regulator's decision to limit its use.

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04-05-2022

Just Eat Takeaway shares plunge again after pre-AGM board departures

AMSTERDAM (Reuters) -Just Eat Takeaway.com NV said on Wednesday two of its most senior leaders were to step down, just hours before Europe's largest online meal delivery company was due to face off with unhappy shareholders at its annual meeting.

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04-05-2022

Fresenius warns of bigger Ukraine war impact after Q1 profit beat

German healthcare group Fresenius's first-quarter profit exceeded market expectations on Wednesday, driven by growth in its generic infusion drugs unit in emerging markets.

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04-05-2022

Airbus may delay new jet to 2024 amid regulator talks over design

PARIS (Reuters) -Airbus faces a months-long delay in the development of its A321XLR jet, pushing its arrival to 2024, as European regulators consider imposing changes to a lower-fuselage design to contain potential fire risks, industry sources said on Wednesday.

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04-05-2022

UK's Boohoo warns of slower growth as supply issues weigh

LONDON (Reuters) -British online fashion retailer Boohoo warned sales growth would slow this year, hit by a squeeze on consumer spending, higher product return rates and continuing supply chain and delivery problems, sending its battered shares even lower on Wednesday.

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04-05-2022

Airbus faces jet delay as regulator eyes design change-sources

Airbus faces a delay of several months in the introduction of its A321XLR jetliner, pushing its start date out to 2024, as European regulators consider imposing changes to a lower-fuselage design to contain potential fire risks, industry sources said on Wednesday.

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04-05-2022

Finnish insurer Sampo expects claim payment costs to rise

(Reuters) -Sampo on Wednesday said it expected claim payment costs to continue to rise this year as the Finnish insurer reported lower first-quarter profits.

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04-05-2022

UK watchdog probes audits of Gupta-owned metal companies

LONDON (Reuters) -Britain's accounting watchdog has opened four investigations into audits by King & King of steel and aluminium companies owned by metals tycoon Sanjeev Gupta's GFG Alliance, it said on Wednesday.

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04-05-2022