By Joey Roulette WASHINGTON (Reuters) -SpaceX’s towering Super Heavy booster, one half of the company’s Starship rocket system, briefly roared to life for the first time on Thursday in a t[...]
Read more
February 9, 2023
U.S. 5G airplane upgrade rules may cost industry $637 million -IATA
By David Shepardson WASHINGTON (Reuters) – Proposed U.S. requirements to retrofit airplane altimeters to ensure they are not susceptible to 5G wireless interference may cost the industry at leas[...]
Read more
AbbVie sees 37% drop in Humira sales this year as biosimilars hit U.S. market
By Leroy Leo and Mariam ESunny (Reuters) – AbbVie Inc said on Thursday it expects sales of its flagship rheumatoid arthritis drug Humira to decline 37% this year due to competition from cheaper[...]
Read more
PayPal’s spending warning casts pall over upbeat forecast
By Manya Saini and Jaiveer Shekhawat (Reuters) – PayPal Holdings Inc forecast full-year profit above Wall Street estimates on Thursday but warned of pressure on discretionary spending, and said[...]
Read more
Investors turn picky in Asia after easy wins from China’s reopening
By Ankur Banerjee SINGAPORE (Reuters) – As a swift and broad rally in Asian stock markets after China’s reopening from COVID curbs peters out, investors are targeting beaten down stocks in[...]
Read more
Canopy Growth sheds assets in Canada, plans more layoffs
By Ankit Kumar (Reuters) -Canopy Growth Corp said on Thursday it would shed assets in Canada and cut 800 job positions as part of the pot producer’s efforts to reduce costs and turn profitable.[...]
Read more
U.S., Britain impose sanctions on Russia’s Trickbot hacking gang
By Raphael Satter and Suzanne Smalley WASHINGTON (Reuters) – The United States and Britain have imposed sanctions against seven leading members of a notorious Russian hacking gang known as Trick[...]
Read more
Expedia profit misses as severe weather weighs on holiday quarter
By Doyinsola Oladipo and Shivansh Tiwary (Reuters) -Online travel booking company Expedia Group Inc missed Wall Street estimates for fourth-quarter profit on Thursday, hit by a spike in cancellations[...]
Read more
Adani faces fresh risk as MSCI examines free float of its stocks
By Scott Murdoch and Shivam Patel SYDNEY/NEW DELHI (Reuters) -India’s Adani Group faced fresh concerns on Thursday after financial index provider MSCI said it was reviewing the free float design[...]
Read more