Pfizer buying spree continues with $5.4B hematology deal
Pfizer will spend about $5.4 billion to buy Global Blood Therapeutics as the pharmaceutical giant continues to invest some of…
2022
SoftBank Plans Vision Fund Job Cuts After Record Net Loss
By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp is planning to cut headcount at its flagship Vision Fund investing…
Palantir Forecast Cut, Surprise Loss Send Shares Down 15%
By Chavi Mehta (Reuters) -Palantir Technologies Inc lowered its annual revenue forecast to below market estimates after the data analytics…
Singapore-based Crypto Lender Hodlnaut Suspends Withdrawals
HONG KONG (Reuters) – Hodlnaut, a Singapore-based crypto currency lender and borrower has suspended withdrawals, swaps and deposits, the company…
Russia, Ukraine trade accusations over nuclear plant attacks
KYIV, Ukraine (AP) — Russia and Ukraine traded accusations Monday that each side is shelling Europe’s biggest nuclear power plant…
Siemens Energy Blames Russia Restructuring For Wider 2022 Loss
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Siemens Energy on Monday blamed a 200 million euro ($204 million) charge…
Japan tech giant SoftBank posts $23 billion quarterly loss
TOKYO (AP) — Japanese technology company SoftBank Group posted a $23.4 billion loss in the April-June quarter as the value…
Take Five: Inflation Still The Name Of The Game
(Reuters) -Latest U.S. inflation numbers are in markets’ sight, especially since Federal Reserve policymakers have come out in force to…
Oil Bounces As China, U.S. Data Ease Recession Concerns
By Florence Tan SINGAPORE (Reuters) -Oil prices bounced higher from multi-month lows on Monday as investors’ appetite improved following data…
Water crisis looms for eastern Ukrainian city of Sloviansk
SLOVIANSK, Ukraine (AP) — The echo of artillery shells thundering in the distance mingles with the din of people gathered…