By Leroy Leo and Patrick Wingrove (Reuters) -Moderna Inc on Thursday forecast as much as $4 billion in revenue from its COVID-19 vaccine when sales shift to a private market from government contracts this year, and said it expects demand to grow further in 2024 and match the market for flu shots. The vaccine maker…
By Nelson Acosta HAVANA (Reuters) – The Cuban Central Bank issued rules this week banning state and private businesses from using ATMs and limiting cash transactions between them, as it seeks to tame runaway inflation and off-the-books business amid a grave economic crisis. The regulations went into effect on Thursday. They limit cash transactions to…
PARIS (Reuters) – Rothschild & Co, the Paris-listed investment bank being taken private by its owners, reported on Thursday a 10% fall in first-half sales, driven by a plunge in dealmaking activity. Sales over the first six months of the year totalled 1.24 billion euros ($1.36 billion), down from 1.38 billion a year earlier, the…
By Nidal al-Mughrabi GAZA (Reuters) -U.S. passport holders with Palestinian papers and families in Gaza are urging Washington to ensure they are treated equally under a reciprocal deal with Israel intended to insure visa-free travel for American and Israeli citizens. Israel, facing a Sept. 30 deadline to qualify its citizens for visa-free admission to the…
By Herbert Lash NEW YORK (Reuters) -The dollar slid from a four-week peak on Thursday after U.S. labor market data failed to impress a day before a key jobs report, and as Treasury yields rose but eased at the short end. Nonfarm-productivity rose to an annualized 3.7% to help curb growth in labor costs and…
By Ross Kerber (Reuters) – S&P 500 chief executives made $16.7 million on average in 2022, 272 times the pay of their median workers, a new study showed on Thursday, a decline on both measures over the prior year as CEO compensation fell with poor stock returns. The annual “Executive Paywatch” study released by the…
By Michelle Nichols UNITED NATIONS (Reuters) – The United States would continue to do “whatever is necessary” to ensure Russia can freely export food if there was a revival of a deal allowing the safe Black Sea export of Ukrainian grain, U.S. Secretary of State Antony Blinken said on Thursday. Russia last month quit the…
By Rachel Nostrant (Reuters) – The group that took its case against affirmative action in college admissions to the U.S. Supreme Court and won is seeking to end an exemption for military schools, the founder of Students for Fair Admissions said on Thursday. Edward Blum’s group launched its new campaign with a website called West…
By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 2% on Thursday as Saudi Arabia and Russia took steps to keep supplies tight into September and possibly beyond. Brent <LCOc1> futures rose $1.94, or 2.3%, to settle at $85.14 a barrel, while U.S. West Texas Intermediate crude rose $2.06, or 2.6%, to settle at…
(Reuters) – Agence France-Presse (AFP) said on Wednesday it filed a lawsuit in Paris against Elon Musk’s X social media platform, formerly known as Twitter, accusing it of failing to discuss potential payment for the distribution of the news agency’s content. France in 2019 enacted a copyright rule dubbed “neighbouring rights” that compels large online…
