ONE boosts range of Aries EV battery, aims for 600 miles with Gemini
(This Aug. 15 story has been corrected to say that the cost target is $50 at cell level and less…
August 2023
Lahaina wildfire insured property loss to be about $3.2 billion – KCC
(Reuters) – Insured property losses from the wildfire that ravaged the resort town of Lahaina in Hawaii last week are…
What happens when a $2 million gene therapy is not enough
(This Aug. 12 story has been corrected to state that ICER’s final analysis was that Zolgensma was cost effective at…
Visa’s pricing of token technology under DOJ probe – Bloomberg News
(Reuters) -Visa is under fresh investigation by the U.S. Department of Justice over allegations it is charging retailers more for…
Jefferies hires Credit Suisse banker Gegenheimer for tech dealmaking -sources
By Milana Vinn (Reuters) – Jefferies has hired Credit Suisse investment banker Jon Gegenheimer in its latest efforts to boost…
Hedge funds dumped Chinese stocks in August, says Goldman
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds “aggressively” sold Chinese stocks amid heightened concerns over the country’s…
Zhongrong Trust’s missed payments trigger fears among Chinese investors
SHANGHAI (Reuters) -Anxious Chinese retail investors are bombarding listed companies with questions about their exposure to Zhongrong International Trust Co…
Volatile rouble firms past 95 vs dollar amid capital controls speculation
By Alexander Marrow (Reuters) – The Russian rouble strengthened past 95 to the dollar on Wednesday, one day after the…
US welcomes WTO panel report on China steel, aluminum tariffs
WASHINGTON (Reuters) – The office of the U.S. Trade Representative on Wednesday said it was pleased with a World Trade…
Exclusive-Bridgewater’s flagship fund was bearish on US stocks as rally fizzled
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Bridgewater Associates’ flagship fund had a bearish view on U.S….