Change at the top for Biogen after Alzheimer’s drug flops
Biogen will replace its CEO and largely abandon marketing of its controversial Alzheimer’s drug Aduhelm less than a year after…
2022
KKR’s First-quarter Earnings Jump 47% On Strong Asset Sales, Fees
(Reuters) – Private equity firm KKR & Co Inc said on Tuesday that its first-quarter distributable earnings rose 47% year-on-year,…
Hong Kong economy shrinks 4% under anti-virus controls
HONG KONG (AP) — Hong Kong’s economy shrank by 4% compared with a year earlier in the quarter ending in…
Pfizer profit soars in first quarter, revises 2022 forecast
COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street’s first-quarter expectations, as the drugmaker’s profit grew 61%. The…
Thomson Reuters Reports Higher First-quarter Revenues And Operating Profit
NEW YORK (Reuters) – Thomson Reuters Corp on Tuesday reported higher revenues and operating profit in the first quarter and…
Russian Retailers In Talks To Import Goods Via Kazakhstan -report
ALMATY (Reuters) – Russian retailers Magnit and Lenta are in talks with their suppliers and other parties about importing goods…
Russia Looks To Avoid Default After Bond Payments Sent To Creditors
LONDON (Reuters) – Russia looked poised to swerve a looming sovereign default after overdue payments on two of its sovereign…
Norway Sovereign Wealth Fund CEO Warns Of Rocky Times
By Gwladys Fouche OSLO (Reuters) -Norway’s $1.2 trillion sovereign wealth fund, the world’s largest, expects difficult market conditions in the…
Musk Says He Wants To Boost Twitter Use From ‘niche’ To Most Americans
By Benjamin Kellerman and Alicia Powell NEW YORK (Reuters) – Tesla Inc Chief Executive Elon Musk said on Monday he…
BP Boosts Buybacks As Profit Soars To Highest In Over Decade
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP boosted its share buyback programme after net profit soared to…