GE appoints Repsol’s Zingoni as CEO of power business – memo

The logo of US conglomerate General Electric is seen on the company building in Belfort, France, October 19, 2019. REUTERS/Vincent Kessler Register now for FREE unlimited access to Reuters.com Register LONDON/CHICAGO, Sept 20 (Reuters) – General Electric Co (GE.N) has hired Mavi Zingoni as head of its power unit, which includes gas, steam and nuclear … Read more

Analysis: As drought risks rise, investors eye thirsty companies, solutions

NEW YORK/LONDON, Aug 22 (Reuters) – As droughts worsen across the world, investors are turning up the heat on companies wasting water and trying to pick winners from a sparse crowd of specialist listed companies looking to address the problem. From Kenya to California and nearly half of Europe, a shortage of fresh water has … Read more

China’s United Imaging debuts on Monday after the biggest STAR Market IPO this year

A sign for STAR Market, China’s new Nasdaq-style tech board, is seen after the listing ceremony of the first batch of companies at the Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug 18 (Reuters) – Shanghai United Imaging Healthcare Co (688271.SS) … Read more

US approves sale of over-the-counter hearing aids

Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, US, August 29, 2020. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 16 (Reuters) – The Food and Drug Administration on Tuesday approved the sale of over-the-counter hearing aids, allowing millions of Americans to … Read more

Straumann maintains a modest 2022 outlook despite strong sales, shares slip

The logo of dental implant manufacturer Straumann Group is seen at its headquarters in Basel, Switzerland March 2, 2020. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register Shares down 10% in afternoon trading Maintains 2022 outlook for low-double-digit pct organic growth ‘Several gray clouds’ prevent co from raising guidance – CEO … Read more

Abbott to add 1,000 jobs in $450 million Irish investment

Abbott Laboratories logo is displayed on a screen at the New York Stock Exchange (NYSE) in New York City, US, October 18, 2021. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register DUBLIN, Aug 12 (Reuters) – US healthcare company Abbott Laboratories (ABT.N) plans to hire 1,000 more people in Ireland in one … Read more

Big Tech in finance? There’s a regulator for that

The logo for Amazon Web Services (AWS) is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 1 (Reuters Breakingviews) – Technology companies have stormed the heights of consumer finance, but they don’t face the regulation … Read more

PerkinElmer to divest some businesses in $2.45 bln cash deal

A sign marks a PerkinElmer facility in Boston, Massachusetts, US, May 15, 2020. REUTERS/Brian Snyder/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 1 (Reuters) – PerkinElmer Inc (PKI.N) said it will sell some of its businesses along with the brand name to private equity firm New Mountain Capital for up to … Read more

Labcorp to spin off clinical-development business

July 28 (Reuters) – Laboratory Corp of America Holdings (LH.N) said on Thursday it would spin off its wholly owned business focused on clinical drug trials, sending its shares up nearly 4%. The planned spin-off will result in two independent, publicly traded companies – Labcorp and the clinical development business, the company said. The clinical-development … Read more

Abbott raises 2022 forecast on strong diabetes, COVID test sales

Abbott Laboratories logo is displayed on a screen at the New York Stock Exchange (NYSE) in New York City, US, October 18, 2021. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register July 20 (Reuters) – Abbott Laboratories (ABT.N) raised its annual earnings forecast as the impact from a shutdown of … Read more