Yen set for biggest run of gains in more than 2 years
By Saikat Chatterjee LONDON (Reuters) – The yen was on track for its biggest run of gains since the depths of the coronavirus crisis in...
Investors flock to U.S ‘growth’ stocks as inflation fears fade – BofA
Investors bought $7.1 billion in equities in the week to Wednesday, with U.S. ‘growth’ stocks recording their largest weekly inflow since December 2021 in a...
Ericsson shareholder Cevian to vote against board members at AGM
By Supantha Mukherjee and Helena Soderpalm STOCKHOLM (Reuters) - Cevian Capital, one of Ericsson's biggest investors, said on Monday it would vote against a motion this week that would clear some
Unilever ups sales guidance after price hikes help it beat forecast
By Richa Naidu LONDON (Reuters) – Unilever Plc raised its full-year sales guidance after beating first-half underlying sales forecasts as the maker of Dove soap...
Novavax halves revenue forecast on low COVID vaccine demand; shares plunge
(Reuters) -Novavax Inc on Monday cut its full-year revenue forecast by half, as the vaccine maker battles low demand for its COVID-19 shot, sending its...
Teva reaches proposed $4.25 billion settlement of U.S. opioid lawsuits
WILMINGTON, Del. (Reuters) – Teva Pharmaceutical Industries announced a $4.25 billion proposed nationwide settlement on Tuesday that could resolve thousands of lawsuits over the drugmaker’s...
Virgin Galactic again delays commercial space flight to second quarter of 2023
(Reuters) – Virgin Galactic Holdings Inc on Thursday again delayed the commercial launch of its space flight to the second quarter of 2023 from the...
U.S. crypto firm Nomad hit by $190 million theft
By Elizabeth Howcroft LONDON (Reuters) – U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest...
Google results avoid disaster, with search ads topping Wall Street targets
By Paresh Dave and Nivedita Balu (Reuters) -Google parent Alphabet Inc on Tuesday posted quarterly sales close to Wall Street targets, sending shares up on...
U.S. airlines warn 5G wireless could cause havoc with flights
By David Shepardson WASHINGTON (Reuters) -Major U.S. air carriers warned on Wednesday that plans by AT&T and Verizon Communications to use spectrum for 5G wireless services could be highly disruptive