July 9 (Reuters) - Amundi has signed a definitive deal to take a 26.1% stake in U.S. firm Victory Capital, the French asset manager said on Tuesday. The deal will involve Amundi merging its U.S. operations with Victory Capital and a 15-year distribution and services agreement. The previously proposed deal is expected to be completed late in the fourth quarter...

BERLIN (Reuters) - The number of medium-sized and large companies in Germany that went insolvent in the first half of this year was up 41% compared with the same period last year, the Handelsblatt daily reported, citing inflation, rising costs and weakening demand. In the first six months of 2024, 162 companies with a turnover of more than 10 million...

03:53 AM EDT, 07/09/2024 (MT Newswires) -- Emergent Biosolutions ( EBS ) said in a regulatory filing Monday that its subsidiary, Emergent Manufacturing Operations Baltimore, and Johnson & Johnson's ( JNJ ) Janssen Pharmaceuticals unit have agreed to settle all disputes related to a manufacturing services agreement for Johnson & Johnson's ( JNJ ) COVID-19 vaccine. Under the settlement agreement,...

July 9 (Reuters) - British energy giant BP said on Tuesday that weak refining margins and oil trading were likely to dent its second-quarter profit, sending its shares down 3% in morning trading. While its refining margins will take a hit of $500 million to $700 million, the London-based company also expects to record $1 billion to $2 billion in...