Drugmaker Novo Nordisk seeks obesity, diabetes ‘bolt-on’ deals
By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) – Novo Nordisk wants to buy more companies with drugs in early-…
Year: 2023
Meta strikes deal with Tencent to sell VR headset in China – WSJ
(Reuters) – Meta Platforms struck a deal with Tencent Holdings to sell a new, low-cost virtual-reality (VR) headset in China…
Biden backs Tesla, Toyota unionization, slams Trump
By Nandita Bose BELVIDERE, Illinois (Reuters) -President Joe Biden on Thursday backed the United Auto Workers’ efforts to unionize carmakers…
Nvidia plans to release three new chips for China – analysts
By Stephen Nellis, Max A. Cherney and Fanny Potkin SAN FRANCISCO (Reuters) -Nvidia plans to release new artificial intelligence chips…
Traders now see Fed starting rate cuts later in 2024
Traders of futures contracts that track expectations for the Federal Reserve’s policy rate pushed out bets on the U.S. central…
Apple suffers setback in fight against EU’s $14 billion tax order
By Foo Yun Chee and Bart H. Meijer LUXEMBOURG (Reuters) -An EU tribunal made legal errors when it ruled in…
SoftBank books $5.2 billion quarterly loss as WeWork comes back to bite
By Anton Bridge TOKYO (Reuters) -SoftBank Group booked a $5.2 billion quarterly loss on Thursday, its fourth straight quarter in…
Disney tops earnings forecasts as Iger sets ‘building’ phase
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney exceeded Wall Street’s earnings expectations on Wednesday as higher…
Biden team says election night wins show path to 2024 victory
By Steve Holland and Trevor Hunnicutt WASHINGTON (Reuters) -A sense of vindication swept through the White House and Biden campaign…
AMC beats quarterly revenue estimates on ‘Barbenheimer’ boost
(Reuters) – AMC Entertainment beat third-quarter revenue estimates on Wednesday, riding on the success of “Barbie” and “Oppenheimer” movies as…