Category Archives:
Royalty Pharma to pay $1 billion for Roche’s SMA drug royalties
(Reuters) - Royalty Pharma said on Thursday it has purchased additional royalties on Roche and PTC Therapeutics' oral spinal muscular atrophy (SMA) drug for an upfront payment of $1 billion. Risdiplam...
Oct 19, 2023
KeyCorp posts smaller-than-expected drop in Q3 profit on lower rainy day funds
(Reuters) - KeyCorp on Thursday reported a lower-than-expected drop in its quarterly profit as smaller rainy-day funds cushioned a hit from a decline in its net interest income. Shares of the lender r...
Oct 19, 2023
More Chinese state companies announce share purchases in a sinking market
SHANGHAI/SINGAPORE (Reuters) - At least seven listed companies owned by China's central government said late on Thursday that their controlling shareholders planned to increase holdings or buy back sh...
Oct 19, 2023
Genuine Parts hikes profit forecast on strong auto parts demand
(Reuters) - Automotive parts distributor Genuine Parts on Thursday raised its profit forecast for 2023 driven by robust demand for replacement parts. Labor shortages and elevated input costs have shot...
Oct 19, 2023
Freeport-McMoRan beats quarterly profit estimates on production boost
(Reuters) -Copper miner Freeport-McMoRan beat Wall Street estimates for third-quarter profit on Thursday and slightly raised its full-year copper sales outlook as it began shipments from Indonesia. Sh...
Oct 19, 2023
Shein plans to ship Brazil-made products around Latin America from 2026
By Andre Romani SAO PAULO (Reuters) - Chinese online fast-fashion retailer Shein plans to start shipping the products it makes in Brazil to other markets in Latin America in 2026, its Brazilian produc...
Oct 19, 2023
India’s Cyient beats Q2 revenue estimates on sustainability, transport demand
BENGALURU (Reuters) - India's Cyient on Thursday reported a bigger-than-expected rise in its second-quarter revenue on strong growth in sustainability and transportation segments. The engineering and ...
Oct 19, 2023
Japan banks set to commit $12.7 billion financing for Kioxia-WDC merger
By Miho Uranaka, Makiko Yamazaki and Maki Shiraki TOKYO (Reuters) - Japan's top banks are set to commit to 1.9 trillion yen ($12.7 billion) financing to support the merger of Kioxia Holdings and Weste...
Oct 19, 2023
Greenpeace loses legal challenge to UK’s new North Sea oil and gas licences
LONDON (Reuters) -Britain's decision to authorise new licences for oil and gas exploration in the North Sea was lawful, London's High Court ruled on Thursday, dismissing a legal challenge by Greenpeac...
Oct 19, 2023
NY Attorney General sues crypto firms Gemini, Genesis
(Reuters) -New York Attorney General Letitia James on Thursday sued cryptocurrency firms Gemini, Genesis Global and Digital Currency Group for allegedly "defrauding" investors of more than $1 billion....
Oct 19, 2023
Peoria, IL, USA
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