by iwd | Jul 8, 2024 | Business
By Medha Singh and Seher Dareen(Reuters) – Nuclear power companies Constellation Energy and Vistra have become the top S&P 500 performers after Super Micro and Nvidia, as investors look beyond semiconductors and bet on firms catering to an artificial...
by iwd | Jul 8, 2024 | Business
By Sriparna Roy(Reuters) -Eli Lilly agreed to buy Morphic Holding for $3.2 billion in cash, the companies said on Monday, beefing up its portfolio of inflammatory bowel disease (IBD) drugs and expanding its footprint in the multi-billion dollar market.Shares of...
by iwd | Jul 8, 2024 | General
WASHINGTON (Reuters) – U.S. President Joe Biden vowed to stay in the presidential race on Monday, saying he is confident the average voter still wants him on the Democratic ticket.”I am not going anywhere,” Biden told MSNBC after calling into the...
by iwd | Jul 8, 2024 | Business
By Sabrina Valle and Tanay DhumalHOUSTON (Reuters) – Exxon Mobil Corp on Monday signaled that lower refining margins across the industry and lower natural gas prices will reduce profits in the second quarter. A snapshot of operating factors affecting the quarter...
by iwd | Jul 6, 2024 | General
MANILA (Reuters) – The Philippine Coast Guard (PCG) said on Saturday that China’s largest coastguard vessel has anchored in Manila’s exclusive economic zone (EEZ) in the South China Sea, and is meant to intimidate its smaller Asian neighbour.The...
by iwd | Jul 6, 2024 | General
WASHINGTON (Reuters) – Eighty-six percent of Democrats said they would vote for U.S. President Joe Biden in a match up against former President Donald Trump in November, a Wall Street Journal poll found.That figure was down from the 93% of Democrats who said...
by iwd | Jul 6, 2024 | General
By Samia Nakhoul, Muhammad Al Gebaly and Nidal al-MughrabiDUBAI/CAIRO (Reuters) -Hamas has accepted a U.S. proposal to begin talks on releasing Israeli hostages, including soldiers and men, 16 days after the first phase of an agreement aimed at ending the Gaza war, a...
by iwd | Jul 6, 2024 | Business
BANGKOK (Reuters) – China’s BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is an electric vehicle market leader, the companies said Saturday. The Shenzhen-based automaker...
by iwd | Jul 5, 2024 | General
By Nell MackenzieLONDON (Reuters) – A win for Donald Trump in the U.S. presidential election in November would herald a spike in long-term U.S. Treasury yields, said Edmond de Rothschild Asset Management’s Chief Investment Officer Benjamin Melman on...
by iwd | Jul 5, 2024 | Business
SHANGHAI (Reuters) – Chinese tech companies, from industry giants to ambitious startups, converged at the World AI Conference in Shanghai this week to showcase their latest innovations and express strong support for the country’s artificial intelligence...
