By Andrew Silver SHANGHAI (Reuters) -Novo Nordisk is facing the prospect of intensifying competition in the promising Chinese market where drugmakers are developing at least 15 generic versions of its[...]
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June 6, 2024
S&P 500, Nasdaq close slightly down ahead of US payrolls data
By Chibuike Oguh NEW YORK (Reuters) -The S&P 500 and Nasdaq composite finished a shade lower on Thursday ahead of a key labor market report, retreating from record highs reached in the previous se[...]
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Insurers to build private credit exposure in coming years, Moody’s finds
By Matt Tracy WASHINGTON (Reuters) – Global insurers plan to invest further in the coming years in the growing but opaque private credit market, according to a new report by Moody’s Rating[...]
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NTSB finds incorrect assumptions by controller in Texas near air collision
By David Shepardson WASHINGTON (Reuters) -The National Transportation Safety Board found incorrect assumptions on the part of an air traffic controller led to the February 2023 near-collision between[...]
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GameStop surges almost 50% as ‘Roaring Kitty’ teases livestream
(Reuters) -Shares of GameStop surged nearly 50% on Thursday after the online stock influencer known as “Roaring Kitty” posted on YouTube that he would host a livestream on Friday. Thursday[...]
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Walmart to replace paper shelf labels with digital price screens in 2,300 stores
By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Paper shelf price labels are going away at thousands of Walmart stores. The company on Thursday announced an expanded roll-out of digital sh[...]
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Hertz considers $700 million sale of secured debt plus convertibles, Bloomberg says
(Reuters) – Rental car firm Hertz is weighing a sale of at least $700 million in secured debt and a convertible notes offering, as it looks to shore up its balance sheet, Bloomberg News reported[...]
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Netflix reveals new details on animated titles with Skydance
By Danielle Broadway LOS ANGELES (Reuters) – Netflix on Thursday shared new details about upcoming animated films “Spellbound” and “Pookoo,” which were made in partnership with Skydance Animatio[...]
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Morning Bid: India rate decision rounds off wild week
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. An interest rate decision in India and Chinese trade figures are the main events for investors in Asia on Friday, rounding[...]
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