by iwd | Sep 9, 2024 | Economy
(Reuters) – MBX Biosciences, which is developing peptide therapies for treating endocrine and metabolic disorders, including obesity, said on Monday it was seeking a valuation of up to $482.5 million in its initial public offering in the United States.WHY...
by iwd | Sep 9, 2024 | Business
By Summer ZhenHONG KONG (Reuters) – Japan has emerged as a standout in Asia’s subdued $400 billion hedge fund sector, drawing fund launches while other regions suffer closures in an indicator that wild volatility in August has not derailed a revival in...
by iwd | Sep 9, 2024 | General
By Jody Godoy(Reuters) – Alphabet’s Google will face U.S. antitrust prosecutors on Monday in Alexandria, Virginia, where the Justice Department will seek to show the company stifled competition in online advertising technology, in the search giant’s...
by iwd | Sep 8, 2024 | General
By Nandita BosePITTSBURGH (Reuters) – U.S. Democratic presidential candidate Kamala Harris and her running mate Tim Walz will tour several battleground states after her highly anticipated Tuesday debate with Republican former President Donald Trump, her campaign...
by iwd | Sep 8, 2024 | Business
BEIJING (Reuters) – China is “dissatisfied” with the Dutch goverment’s decision to expand export controls on ASML chipmaking equipment, the Chinese commerce ministry said in a statement on Sunday.The Dutch government on Friday said it would...
by iwd | Sep 8, 2024 | Business
FRANKFURT (Reuters) – Volkswagen’s CEO, who is pushing for unprecedented cutbacks in the German carmaker’s home market, said change was needed because the European market is shrinking while competition is increasing.Speaking in an interview in Sunday...
by iwd | Sep 8, 2024 | Business
(Reuters) -Social media platform X was back up on Saturday after it suffered an outage that lasted less than an hour, according to outage tracking site Downdetector.com.The website, which tracks outages by collating status reports from several sources including users,...
by iwd | Sep 7, 2024 | Business
(Reuters) – Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases starting from December instead of October, the bank said in a note on Friday.OPEC+ has agreed to delay a planned oil output...
by iwd | Sep 7, 2024 | Business
(Reuters) – The S&P Dow Jones Indices said on Friday server maker Dell Technologies, data analytics firm Palantir Technologies and property and casualty insurer Erie Indemnity will join the benchmark S&P 500 before the market opens on Sept. 23. Shares of...
by iwd | Sep 7, 2024 | Business
(Reuters) – Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and plans to sell its chain of stores through a court-supervised process, Bloomberg News reported on Friday, citing people familiar with the...