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Novo Nordisk invests $2.3 billion in Danish production facility
COPENHAGEN (Reuters) -Danish drugmaker Novo Nordisk will invest 15.9 billion Danish crowns ($2.29 billion) to expand a production facility in Denmark for the future portfolio within serious chronic di...
Syndicated Content Jun 12, 2023
OpenAI CEO says ‘optimistic’ on global AI coordination
TOKYO (Reuters) - The CEO of ChatGPT maker OpenAI on Monday said a tour of capital cities had left him "quite optimistic" about prospects for global coordination on artificial intelligence (AI). The p...
Syndicated Content Jun 12, 2023
Glencore makes offer for Teck’s steelmaking coal business
(Reuters) - Glencore has offered to buy Canadian mining company Teck Resources' steelmaking coal business as a standalone unit, the Swiss trading and mining firm said on Monday. (Reporting by Eva Math...
Syndicated Content Jun 12, 2023
Analysis-Price drop fears put a brake on European grocers’ rally
By Joice Alves LONDON (Reuters) - European grocers could exceed market expectations for earnings growth this year as they keep prices high even as costs fall, but the spectre of declining inflation an...
Syndicated Content Jun 12, 2023
Severe cyclone to hit India’s west coast, south Pakistan on Thursday
By Rajendra Jadhav MUMBAI (Reuters) - A storm off India's west coast has strengthened to become a powerful cyclone, which could hit India's western state of Gujarat and southern parts of Pakistan this...
Syndicated Content Jun 12, 2023
South Korea indicts ex-Samsung Elec executive for alleged data leak to China
By Soo-hyang Choi SEOUL (Reuters) - South Korean prosecutors said they indicted a former Samsung Electronics executive on Monday on suspicions of stealing the company's technology to build a chip fact...
Syndicated Content Jun 12, 2023
The final countdown? Five questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo (Reuters) - Another quarter percentage-point rate hike from the European Central Bank looks like a done deal on Thursday, but the key question for markets is how m...
Syndicated Content Jun 12, 2023
Novartis to acquire US-based Chinook for $3.2 billion upfront
BERLIN (Reuters) - Novartis said on Monday that it has entered in an agreement to acquire U.S.-based Chinook Therapeutics for $3.2 billion upfront, with the deal expected to close in the second half. ...
Syndicated Content Jun 12, 2023
UBS completes Swiss mega-merger, gains clout as global wealth player
ZURICH (Reuters) - UBS on Monday said it completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss bank with a balance sheet of $1.6 trillion and greater muscle i...
Syndicated Content Jun 12, 2023
Ahold Delhaize hits ‘roughly half’ its 1 billion euro goal for non-grocery revenue
By Jessica DiNapoli NEW YORK (Reuters) - Ahold Delhaize has hit "roughly half" its goal to grow revenue from businesses beyond grocery stores to 1 billion euros by 2025, CEO Frans Muller told Reuters,...
Syndicated Content Jun 12, 2023
Peoria, IL, USA
57 °F Overcast
