Pfizer makes equity investment in Caribou Biosciences
(Reuters) – Pfizer has invested $25 million to buy a minority stake in Caribou Biosciences, making it the latest small…
Business
US labor market shows resilience on eve of June’s employment report
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week,…
Goldman Sachs says rising EV usage to power higher copper demand
(Reuters) – Goldman Sachs said rising usage of electric vehicles (EV) was a “key pillar of copper’s bullish story”, forecasting…
AI robots could play future role as companions in care homes
By Emma Farge GENEVA (Reuters) – Nadine, a social robot powered by Artificial Intelligence (AI) with human-like gestures and expressions,…
Dish’s Charlie Ergen looks to merge Dish and EchoStar – Semafor
(Reuters) – Dish Network Chairman Charlie Ergen is considering merging the two halves of his telecom empire, Dish and EchoStar,…
Meta to launch Twitter challenger app Threads
By Martin Coulter (Reuters) -Meta Platforms plans to launch a Twitter-rivalling microblogging app called Threads, days after Twitter boss Elon…
European shares hit 14-week low on rate hike jitters
By Shreyashi Sanyal (Reuters) -European shares slumped to their lowest level in three months on Thursday, as heightened concerns about…
Analysis-China slowdown prompts export-reliant Europe stocks rethink
By Joice Alves LONDON (Reuters) – A lack of clarity on Beijing’s planned stimulus measures will mean a mixed appetite…
Retail traders pile into US stocks; focus shifts to EVs from AI
By Medha Singh (Reuters) -Retail traders raised their exposure to U.S. stocks in June encouraged by healthy returns, with their…
Google delays release of fully custom phone chip until 2025 – The Information
(Reuters) – Alphabet Inc’s Google has delayed the release of a fully custom chip for its Pixel smartphones until 2025,…