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Novo Nordisk in $1.3 billion deal to buy hypertension drug
COPENHAGEN (Reuters) - Novo Nordisk has agreed to buy ocedurenone, a drug for uncontrolled hypertension with potential application in cardiovascular and kidney disease, from KBP Biosciences for up to ...
Syndicated Content Oct 16, 2023
UAW strike could upend GM, Ford financial strategies
By Joseph White DETROIT (Reuters) - General Motors and Ford have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, all funded by robust ...
Syndicated Content Oct 16, 2023
Fed’s Goolsbee says fall in US inflation is not just a blip- FT
(Reuters) - Chicago Fed president Austan Goolsbee said it is "undeniable" that the slowdown in U.S. inflation is a trend rather than a momentary blip, despite a recent string of economic data showing ...
Syndicated Content Oct 16, 2023
India to start monitoring high-risk glacial lakes next year
By Shivam Patel NEW DELHI (Reuters) - India aims to install the first part of an early warning system at some high-risk glacial lakes in the Himalayas next year, a senior official said on Monday, as t...
Syndicated Content Oct 16, 2023
Israeli lawmaker urges cbank to lower rates amid conflict
By Steven Scheer JERUSALEM (Reuters) - The head of Israel's parliamentary finance committee on Monday called on Bank of Israel Governor Amir Yaron to lower short-term interest rates as one measure to ...
Syndicated Content Oct 16, 2023
UBS pushes out S&P 500 mid-2024 target forecast to year-end
(Reuters) - UBS said it now expects the S&P 500 to hit 4,700 points only by December 2024, instead of the middle of the year as it forecast earlier, due to expectations of higher-for-longer U.S. inter...
Syndicated Content Oct 16, 2023
Marketmind: MidEast tension keeps markets on edge
Although price moves remain contained in the absence of a dramatic weekend escalation, world markets are still on edge as Middle East tension builds without obvious resolution. Disputed reports of a t...
Syndicated Content Oct 16, 2023
Prosecutors aim to persuade judge to rein in Trump comments on election case
By Andrew Goudsward WASHINGTON (Reuters) - U.S. prosecutors on Monday are expected to ask a judge to limit Donald Trump's public statements about people involved in the federal case accusing him of at...
Syndicated Content Oct 16, 2023
Hardline Republican Jim Jordan to push bid for US House speaker
By David Morgan WASHINGTON (Reuters) - Hardline Republican Jim Jordan is set to take his sputtering bid for speaker to the floor of the U.S. House of Representatives this week, hoping to bulldoze oppo...
Syndicated Content Oct 16, 2023
Fed’s Powell faces ‘what, me worry?’ moment of spiking bond yields, war, political stalemate
By Howard Schneider WASHINGTON (Reuters) - Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their 19-month drive to hike borrowing costs is ...
Syndicated Content Oct 16, 2023
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