(Reuters) – Eli Lilly and Co said on Thursday it will acquire all the shares of Sigilon Therapeutics that it did not own to gain […]
US Weekly Jobless Claims Fall; First-quarter GDP Revised Higher
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to continued labor market strength. Initial claims […]
US Bank Stocks Rise As Lenders Sail Through Fed’s Stress Tests
By Manya Saini (Reuters) -U.S. bank stocks rose in premarket trading on Thursday after the Federal Reserve’s stress test showed the lenders have adequate capital […]
Apple Seeks To Fend Off EU Antitrust Charge Triggered By Spotify At Hearing
By Foo Yun Chee BRUSSELS (Reuters) – Apple will on Friday seek to fend off a revised EU antitrust charge and possible hefty fine linked […]
Chip Industry Globalisation Under Threat, Says Chief Of China’s YMTC
By Brenda Goh SHANGHAI (Reuters) -Geopolitics and the national security concerns of some countries are threatening the globalisation of the world’s chip industry and its […]
European Shares Muted On Rate-hike Jitters; H&M Jumps On Robust Profit
By Amruta Khandekar and Matteo Allievi (Reuters) -European shares were muted on Thursday as hawkish signals from a slew of major central bankers offset a […]
H&M Shares Jump 10% As Summer Collection Boosts Profit
By Marie Mannes STOCKHOLM (Reuters) -H&M shares hit a 16-month high on Thursday after its second-quarter profit beat estimates, with its summer collection doing well […]
Fed’s Powell: Most US Policymakers See Two Or More Rate Hikes Ahead
(Reuters) – With U.S. inflation well above the Federal Reserve’s 2% goal and a labor market that’s still very tight, most of the central bank’s […]
Renault Raises 2023 Outlook Following Success Of New Launches
(Reuters) -Renault raised on Thursday its financial outlook for full-year 2023 following the success of its new launches, in particular of SUV Austral and Dacia […]
US Health Department, Law Firms Latest Hit In Wide-ranging Hack
By Raphael Satter WASHINGTON (Reuters) -The U.S. Department of Health and Human Services (HHS) was among those affected by a wide-ranging hack centered on a […]