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21 Jan

Shell officially drops Royal Dutch from name

Shell said on Friday it has officially changed its name from Royal Dutch Shell Plc to Shell Plc as part of its plan to scrap its dual share structure and move its head office from the Netherlands to Britain.

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21 Jan

Commerzbank Q4 weighed down by provisions at Polish mBank unit

FRANKFURT (Reuters) -Commerzbank on Friday said its fourth-quarter earnings would be impacted by provisions made at its Polish mBank subsidiary but that it would still post a net profit for the full year.

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21 Jan

Europe kept waiting as Intel commits to new U.S. chip factories

BERLIN/STOCKHOLM (Reuters) -Intel still intends to develop European chip manufacturing capacity despite the delayed plans being overshadowed by its announcement on Friday of a more than $20 billion investment in two new U.S. semiconductor plants.

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21 Jan

Commerzbank's Q4 burdened by provisions at Polish mBank unit

Commerzbank on Friday said its fourth-quarter earnings would be impacted by provisions made at its Polish mBank subsidiary.

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21 Jan

Workers at Activision Blizzard-owned studio Raven say they have formed union

A group of workers at Activision Blizzard-owned studio Raven Software said on Friday that they had formed a union with the with Communications Workers of America and would seek voluntary recognition from the company, which is set to be acquired by Microsoft.

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21 Jan

GSK, Vir ramping up U.S. output of COVID antibody drug

GlaxoSmithKline and U.S. partner Vir Biotechnology will boost production of their antibody-based COVID-19 treatment by adding a second manufacturing plant to help meet soaring demand in the United States.

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21 Jan

Europe waits its turn as Intel commits to new U.S. chip factories

Intel's announcement that it will invest more than $20 billion in two new semiconductor plants in the United States is in sharp contrast to its silence on European plans originally flagged last year.

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