LVMH shares fall as second-quarter sales fail to impress
PARIS (Reuters) -Shares in LVMH fell on Wednesday as an in-line increase in sales at the world’s top luxury indicated…
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Moderna/Merck begins late-stage study of skin cancer vaccine combination
(Reuters) – Moderna said on Wednesday it has begun enrolling patients in a late-stage study evaluating its and partner Merck’s…
Gap taps Barbie turnaround executive as CEO
By Granth Vanaik (Reuters) -Gap has named Mattel’s chief operating officer, Richard Dickson, as its top boss after a year-long…
Ocean temperatures around South Florida hit hot-tub levels
By Maria Alejandra Cardona KEY LARGO, Florida (Reuters) – The surface ocean temperature in and around the Florida Keys soared…
Ukraine’s allies commit $244 million for humanitarian mine clearance – Kyiv
(Reuters) -Ukraine’s allies have committed to allocating $244 million and providing special equipment for the purpose of humanitarian mine clearance,…
Canada’s immigration creates ‘mirage’ of economic prosperity – economists
By Steve Scherer and Fergal Smith OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau has fueled economic growth and plugged…
Insurer Chubb beats quarterly profit estimates on strong investment returns
(Reuters) – Insurance company Chubb beat estimates for quarterly profit on Tuesday as higher returns from its investments cushioned a…
P&G drops forest pledge, drawing ire of green groups, investors
By Jessica DiNapoli NEW YORK (Reuters) – Global consumer products maker Procter & Gamble dropped its pledge from a corporate…
Santander Brasil weighs on group results as Q2 net profit falls 45%
SAO PAULO (Reuters) -Brazilian lender Santander Brasil on Wednesday reported a 45% drop in second quarter net profit, dragging on…
AI lesson for Microsoft and Google: Spend money to make money
By Akash Sriram and Stephen Nellis (Reuters) -Artificial intelligence is expected to pay off big for tech giants including Microsoft…