By Aditya Samal (Reuters) -Shares of Sarepta Therapeutics jumped 25% on Monday as a backing by the U.S. health regulator’s advisers increased the certainty of an accelerated approval for the com[...]
Read more
May 15, 2023
Fair access to proper housing can boost economic growth – report
By Marine Strauss BRUSSELS (Reuters) – Providing equitable access to appropriate housing in slums and other informal settlements could massively increase economic growth and boost life expectanc[...]
Read more
Platinum facing biggest deficit in years as carmakers snap up metal
LONDON (Reuters) – Rising demand from automakers, industry and investors will push the global platinum market into its biggest deficit in years, three industry reports predicted on Monday. The r[...]
Read more
Argentina raises economic defenses against inflation ‘onslaught’
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast draining central bank for[...]
Read more
Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt ceiling intensify, Wall Street banks and asset manage[...]
Read more
Vice Media files for bankruptcy as ad business suffers
By Samrhitha A and Rahat Sandhu (Reuters) -Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer its sale to a group of lenders, ca[...]
Read more
NY Fed’s domestic markets chief to join Bank of New York Mellon
By Michael S. Derby (Reuters) – Bank of New York Mellon Corp on Monday said a top New York Federal Reserve official responsible for domestic markets will join the firm next month in a job focuse[...]
Read more
Elon Musk to meet Macron, other leaders at France conference
PARIS (Reuters) -Billionaire entrepreneur Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a business conference close to Paris, the Elysee Palace said, co[...]
Read more
US consumers keep vehicles for a record 12.5 years on average -S&P
By Paul Lienert (Reuters) – Americans in the waning days of the COVID pandemic are keeping their combustion-engine vehicles longer, according to a new study. The average age of U.S. cars and lig[...]
Read more