Novo Nordisk braces for generic challenge to Ozempic, Wegovy in China
By Andrew Silver SHANGHAI (Reuters) – Novo Nordisk is facing the prospect of intensifying competition in the promising Chinese market…
Month: June 2024
Billionaire Richard Li’s FWD Group revives Hong Kong IPO plan, sources say
By Sumeet Chatterjee and Scott Murdoch HONG KONG/SYDNEY (Reuters) – Billionaire Richard Li has revived plans to list pan-Asian insurer…
U.S. crypto advocacy group tops 1 million members after Biden veto
By Andrea Shalal WASHINGTON (Reuters) – Stand with Crypto, an advocacy organization for voters who own cryptocurrencies, saw its membership…
Futures subdued after tech rally; Nvidia continues to climb
(Reuters) – The S&P 500 and the Dow futures were little changed on Thursday as investors awaited fresh data to…
BlackRock, Citadel Securities-backed TXSE group to start new Texas Stock Exchange
(Reuters) -TXSE Group, backed by BlackRock and Citadel Securities, plans to launch the Texas Stock Exchange based in Dallas, a…
US may revive some shut nuclear plants to help meet emissions goal, energy chief says
By Timothy Gardner WASHINGTON (Reuters) – The United States could revive some of its recently retired nuclear power plants to…
Elliott rebuilds stake in SoftBank and pushes for $15 billion buyback, source says
(Reuters) -Activist investor Elliott Management has rebuilt a stake worth more than $2 billion in Japanese technology investor SoftBank Group…
Nvidia on verge of overtaking Apple as No. 2 most valuable company
(Reuters) – Shares of Nvidia rallied to record highs on Wednesday, with the AI chipmaker’s stock market valuation on the…
Judge cuts Bayer $2.25 billion Roundup verdict to $400 million
By Dietrich Knauth NEW YORK (Reuters) – A Pennsylvania judge on Tuesday slashed a $2.25 billion U.S. verdict against Bayer…
TikTok says cyberattack targeted brands and celebrity accounts, including CNN
(Reuters) – Short video app TikTok has taken measures to stop a cyberattack targeting several brand and celebrity accounts, including…