Companies’ derivative bets to save on US debt costs turn riskier
By Shankar Ramakrishnan NEW YORK (Reuters) -A type of derivative trade that became popular with companies over the past year…
Business
New scheme aims to get vaccines to outbreaks faster – Gavi
By Jennifer Rigby LONDON (Reuters) – Three global health bodies are teaming up to investigate stockpiling experimental vaccines for rare…
CEOs of major Brazil lenders see ‘unique opportunity’ for local economy
SAO PAULO (Reuters) – The chief executives of Brazil’s largest private lenders, Itau and Bradesco, defended on Tuesday the government’s…
Reckitt creates ‘air sanitizing spray’ effective against coronavirus
By Richa Naidu LONDON (Reuters) – Reckitt’s Lysol disinfectant brand said on Tuesday that it would start selling in the…
Nissan board gains shareholder backing, must tackle surveillance claims
By Maki Shiraki and Daniel Leussink TOKYO (Reuters) -Nissan shareholders re-elected its chief executive and other board nominees on Tuesday…
Faraday Future investors commit $90 million in funding
(Reuters) – Faraday Future Intelligent Electric has received $90 million in funding commitment from its existing investors, the electric-vehicle startup…
Obesity drug Wegovy’s popularity has US employers rethinking insurance coverage
By Patrick Wingrove (Reuters) – Shawnte struggled with her weight for years before she was prescribed Novo Nordisk’s diabetes drug…
New benchmark tests speed of systems training ChatGPT-like chatbots
By Jane Lanhee Lee San Francisco (Reuters) – MLCommons, a group that develops benchmark tests for artificial intelligence (AI) technology,…
US consumer confidence races to 17-month high; housing market regaining strength
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence increased in June to the highest level in nearly 1-1/2 years…
Volvo EVs to now have access to Tesla superchargers
(Reuters) – Swedish carmaker Volvo Cars said on Tuesday it had signed an agreement with Tesla to give its electric…