By Anjana Anil and Anushree Mukherjee(Reuters) – Gold prices soared to record levels above $3,100 per ounce in a rally marking one of the most significant upswings in the precious metal’s history, with psychological levels swept aside by a cocktail of...
LONDON (Reuters) – The manager of a U.S. military-contracted tanker that was struck by a cargo ship off England’s northeast coast last month filed a lawsuit at London’s High Court on Monday over the collision.Stena Bulk Marine Services (USA) LLC and...
By Ananya Mariam Rajesh(Reuters) -Lululemon Athletica’s shares fell 13% on Friday after the sportswear maker gave downbeat annual forecasts at a time when the broader apparel space battles an uneven consumer demand environment.The company on Thursday flagged...
By Sriparna Roy and Padmanabhan Ananthan(Reuters) -The U.S. Food and Drug Administration approved French drugmaker Sanofi’s hemophilia therapy, introducing a new type of treatment administered every two months for patients with the rare blood clotting disorder,...
By Krystal Hu and Jaspreet Singh(Reuters) – OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of raising, a person familiar with the matter said on...
By Helen ReidLONDON (Reuters) -H&M’s sales were up just 1% in March after a weaker than expected first quarter, the Swedish fast-fashion retailer reported on Thursday, in a sign of a slow start to its spring and summer season.H&M has ramped up marketing...
