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Xi pushes ‘Greater BRICS’ economic ties to give bloc larger global role
1+ day, 7+ hour ago (525+ words) (Corrects spelling of headline tag) NEW DELHI, Sept 13 (Reuters) – Chinese President Xi Jinping unveiled on Sunday initiatives in areas ranging from AI to trade to deepen cooperation among the “Greater BRICS” emerging economies, as Beijing seeks to weld the grouping…...
US FDA pauses new enrollment in Biohaven’s epilepsy drug trials
3+ day, 23+ hour ago (293+ words) Sept 10 (Reuters) – Biohaven said on Thursday the U.S. FDA had imposed a partial clinical hold, pausing new patient enrollment in trials of its experimental epilepsy drug after rodent findings, sending its shares down more than 15% in early trading. • The U....
Trump administration to sanction unnamed ‘large’ bank on Monday, Bessent says
3+ day, 15+ hour ago (266+ words) WASHINGTON, Sept 10 (Reuters) – U.S. Treasury Secretary Scott Bessent said on Thursday the Trump administration will sanction a large bank next week as it continues to apply economic pressure on Tehran to end a more than six-month U.S. conflict with…...
Global bonds buckle as surging oil prices inflame inflation risks
3+ day, 15+ hour ago (639+ words) SYDNEY, Sept 11 (Reuters) – Global bond yields spiked to new highs and sharemarkets slumped on Friday as soaring oil prices inflamed inflation risks, sending investors scrambling to price in more policy tightening from central banks across the globe. Brent crude climbed…...
Chemours, DuPont, Corteva settle North Carolina ‘forever chemicals’ claims for $455 million
3+ day, 23+ hour ago (214+ words) Sept 10 (Reuters) – Chemours, DuPont and Corteva on Thursday reached a $455 million settlement with North Carolina and 11 local entities over PFAS contamination claims tied to Chemours’ Fayetteville Works plant and other historical discharges. Lawsuits accusing major chemical companies of polluting U....
Washington nonprofit Better Markets sues Federal Reserve over capital rule overhaul
3+ day, 23+ hour ago (331+ words) By Pete Schroeder and Michelle Price WASHINGTON, Sept 10 (Reuters) – Better Markets, a Washington nonprofit that advocates for Wall Street reforms, sued the U.S. Federal Reserve and its top regulatory official on Thursday, alleging the central bank mishandled a sweeping overhaul…...
American Eagle shares slide as flat margin outlook, weak core brand weigh | Y100 WNCY | Your Home For Country & Fun | Green Bay, WI
4+ day, 7+ hour ago (266+ words) Sept 10 (Reuters) – American Eagle Outfitters’ shares slumped over 11% in premarket trading on Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company’s core brands outweighed a second-quarter revenue beat. Demand across the apparel sector has been uneven as…...
Tencent-backed Enflame to debut in Shanghai on Friday in $912 million IPO
5+ day ago (237+ words) BEIJING, Sept 9 (Reuters) – Tencent-backed AI chipmaker Shanghai Enflame Technology will make its Shanghai stock market debut on September 11, an exchange filing showed on Wednesday. Enflame, one of China’s leading AI chip startups known locally as the “four little GPU dragons…...
Amazon lends boost to Europe’s Ariane at Paris space gathering
5+ day ago (560+ words) By Tim Hepher, Joey Roulette and Gianluca Lo Nostro PARIS, Sept 9 (Reuters) – The Amazon Leo satellite network has ordered six additional launches on Europe’s Ariane 6 launcher, operator Arianespace said on Wednesday, in a boost to Europe’s flagship rocket programme. French…...
Dow weighs exit from $20 billion partnership with Aramco, Bloomberg News reports
5+ day ago (294+ words) Sept 9 (Reuters) – Dow is considering an exit from its $20 billion chemicals partnership with Saudi Aramco, Bloomberg News reported, citing people familiar with the matter, as the U.S. company grapples with a prolonged industry downturn and the impact of the Middle…...