Category Archives:
Vaccines company Valneva secures new financing with U.S firms Deerfield and OrbiMed
PARIS (Reuters) - French vaccines company Valneva, which is aiming to get European approval for its COVID-19 vaccine product, said it had secured new financing with U.S.-based healthcare investment fi...
Apr 26, 2022
Cryptoverse: Ether prepares for epic ‘merge’ in quest to eclipse bitcoin
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and even outshining the godfather, bitcoin. But...
Apr 26, 2022
BMW and Audi suspend shipments by train to China – Nikkei
(Reuters) - German carmakers BMW and Volkswagen's Audi have suspended shipments of cars by rail from Germany to China due to the war in Ukraine, the Nikkei business daily reported https://s.nikkei.com...
Apr 26, 2022
Spain’s Santander Q1 profit rises 58% compared to same period a year ago
MADRID (Reuters) - Spain's Santander on Tuesday said its net profit in the first quarter rose 58% compared to the same period a year ago thanks to a recovery in Europe and a solid performance in South...
Apr 26, 2022
With lift from ‘big brother,’ Aston Martin chases after Ferrari
By Nick Carey GAYDON, England (Reuters) - After decades of ups and downs, British carmaker Aston Martin Lagonda is charting a more efficient and profitable way forward, leaning on technology from shar...
Apr 26, 2022
Chip startups using light instead of wires gaining speed and investments
By Jane Lanhee Lee (Reuters) - Computers using light rather than electric currents for processing, only years ago seen as research projects, are gaining traction and startups that have solved the engi...
Apr 26, 2022
UBS posts surprise 17% Q1 profit rise
ZURICH (Reuters) - UBS posted a 17% rise in first-quarter net profit on Tuesday, upending expectations for a fall in profit amidst uncertainties over the war in Ukraine, thanks to strong trading. Net ...
Apr 25, 2022
HSBC Q1 profit slides as Ukraine conflict, inflation bite
SINGAPORE/LONDON (Reuters) -HSBC Holdings reported a 27% fall in quarterly profit on Tuesday, as the Asia-focussed bank suffered from decreased revenues and slowing growth in Hong Kong. Europe's large...
Apr 25, 2022
Exclusive-Soelect, Lotte Chemical aim to scale up U.S. output of battery components
By Paul Lienert (Reuters) - Battery startup Soelect and Korean supplier Lotte Chemical said on Tuesday they intend to invest more than $200 million in a joint venture to make advanced battery componen...
Apr 25, 2022
Asia shares edge up, sentiment fragile on China growth fears
By Xie Yu HONG KONG (Reuters) - Asian shares were cautiously higher on Tuesday after a late revival on Wall street, though global growth fears stoked by China's stringent COVID-19 curbs and an expecte...
Apr 25, 2022
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