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Credit Suisse investor group joins claim seeking better UBS takeover price

Credit Suisse investor group joins claim seeking better UBS takeover price

Jul 4, 2023 | Asia, Business, Economy, Europe, Politics, UK

By John Revill ZURICH (Reuters) -A Swiss proxy adviser representing some former Credit Suisse shareholders has backed a class-action lawsuit seeking a better price from UBS for its takeover of its cross-town rival, it said on Tuesday. Ethos Foundation, which...
Tesla extends blistering rally after quarterly deliveries beat

Tesla extends blistering rally after quarterly deliveries beat

Jul 3, 2023 | Asia, Business, Economy, Europe, Technology, US

By Aditya Soni (Reuters) -Tesla shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk’s plan of boosting volumes through discounts was working. The day’s gains lifted the top U.S....
Samsung sues Chinese rival over alleged patent violation on iPhone displays

Samsung sues Chinese rival over alleged patent violation on iPhone displays

Jul 3, 2023 | Asia, Business, Technology, US

By Hyunjoo Jin SAN FRANCISCO (Reuters) – South Korea’s Samsung Display has filed a lawsuit against BOE Technology, accusing the Chinese rival of infringing five of its patents for displays used in mobile devices including Apple’s iPhone 12. Samsung...
Marketmind: Q3 kicks off with China PMI in spotlight

Marketmind: Q3 kicks off with China PMI in spotlight

Jul 2, 2023 | Asia, Business, Economy, Technology, US

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia gets the new quarter underway with a sense of optimism and momentum buoying world markets on the back of surprisingly strong U.S....
Europe’s Euclid space telescope launched on mission to explore ‘dark universe’

Europe’s Euclid space telescope launched on mission to explore ‘dark universe’

Jul 1, 2023 | Asia, Canada, Europe, Politics, Science, Technology, Top News

By Steve Gorman (Reuters) -A European-built orbital satellite was launched to space on Saturday from Florida on a mission to shed new light on the mysterious cosmic phenomena known as dark energy and dark matter, unseen forces scientists say account for 95% of the...
Sandoz launches rival version of AbbVie’s arthritis drug Humira

Sandoz launches rival version of AbbVie’s arthritis drug Humira

Jul 1, 2023 | Asia, Business, Economy, Europe, Health, US

(Reuters) – Swiss drugmaker Sandoz said on Saturday it had launched a biosimilar version of AbbVie Inc’s big selling arthritis treatment Humira, adding to U.S. competition for the drug that started in January. The Novartis-owned company said its drug,...
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