By Maggie FickLONDON (Reuters) -Drugmakers are urging the Trump administration and European Union officials to exclude medical goods from expanding tariff wars, hoping to avert price spikes on top-selling medicines made in Europe from Novo Nordisk (NYSE:NVO)’s Wegovy for weight loss to Merck (NSE:PROR)’s cancer immunotherapy Keytruda.In conversations with U.S. officials, the pharmaceutical i ...
SHANGHAI (Reuters) - China’s BYD (SZ:002594) has unveiled a megawatt charging system that it says can charge an EV as quickly as filling up a fuel tank, and said it will build a network across China, igniting a new super charging race.Here are more details about the Chinese electric vehicle giant’s new technology and why the fast-charging space is attracting interest:WHY DOES FAST-CHARGING EV ...
FRANKFURT (Reuters) - Porsche SE, Volkswagen (ETR:VOWG_p)’s biggest shareholder, is not considering selling voting shares in Europe’s largest carmaker, the holding firm said on Sunday following a newspaper report that it was weighing such a move.German tabloid Bild, citing people familiar with the matter, said the Porsche and Piech families that jointly control Porsche SE were considering dive ...
Investing.com -- European luxury stocks face potential headwinds due to weakening U.S. consumer sentiment.As a result, UBS analysts recommend a selective approach to the sector, emphasizing the need for investors to be discerning in their choices.The optimism surrounding U.S. luxury demand, which exceeded expectations in Q4, is now facing uncertainty. This change in conditions is largely driven by ...