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Motor racing-Hamilton confident Brad Pitt can take F1 to new heights
By Alan Baldwin SILVERSTONE, England (Reuters) - Brad Pitt's Hollywood treatment of Formula One will take the sport's already surging popularity to another level, seven-times world champion Lewis Hami...
Syndicated Content Jul 06, 2023
Generali buys U.S. asset manager Conning under deal with Cathay Life
MILAN (Reuters) - Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan's Cathay Financial Holding, the Italian insure...
Syndicated Content Jul 06, 2023
Rivian must face lawsuit claiming it defrauded IPO investors over vehicle prices
By Jonathan Stempel (Reuters) - A federal judge said Rivian Automotive must face a lawsuit claiming it defrauded shareholders during and after its blockbuster 2021 initial public offering by concealin...
Syndicated Content Jul 06, 2023
Pfizer makes equity investment in Caribou Biosciences
(Reuters) - Pfizer has invested $25 million to buy a minority stake in Caribou Biosciences, making it the latest small biotechnology firm to attract the pharmaceutical giant's interest. The news lifte...
Syndicated Content Jul 06, 2023
US Senate to vote on key Biden telecom board nominee
WASHINGTON (Reuters) - The U.S. Senate Commerce Committee plans to vote next week on President Joe Biden's nominee for a key fifth seat on the U.S. Federal Communications Commission (FCC). Democrats h...
Syndicated Content Jul 06, 2023
Argentina to hold interest rate at 97% as raging inflation eases – bank sources
By Jorge Otaola BUENOS AIRES (Reuters) - Argentina's central bank is set to hold its benchmark interest rate steady at 97% in the near term with optimism that monthly inflation will slowly ease, two b...
Syndicated Content Jul 06, 2023
U.S. job openings fall in May, still elevated
WASHINGTON (Reuters) - U.S. job openings dropped in May, but remained at higher levels, indicating that labor market conditions were slowly easing. Job openings, a measure of labor demand, fell 496,00...
Syndicated Content Jul 06, 2023
Goldman says West needs over $25 billion investments in rare earths to match China
(Reuters) - Goldman Sachs on Thursday said the West may need more than $25 billion in investments to match China's supply of rare earths, as export curbs by Beijing on minor metals fuel fears that rar...
Syndicated Content Jul 06, 2023
Retail traders pile into US stocks; focus shifts to EVs from AI
(Reuters) - Retail traders raised their exposure to U.S. stocks in June encouraged by healthy returns, with their focus shifting to electric-vehicle firms from artificial intelligence stocks earlier i...
Syndicated Content Jul 06, 2023
Canada, Ontario to give up to C$15 billion in incentives for Stellantis-LGES battery plant
OTTAWA (Reuters) - Canada's federal government and Ontario said on Thursday they would together provide up to C$15 billion ($11.3 billion) in performance incentives for a Stellantis-LG Energy Solution...
Syndicated Content Jul 06, 2023
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