By Leika Kihara, Pasit Kongkunakornkul, Vineet Sachdev and Kripa Jayaram (Reuters) – The Japanese yen has been under pressure in the past few years as markets focused on the wide U.S.-Japan inte[...]
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August 8, 2024
Biotech firm Recursion to buy smaller peer Exscientia for $688 million
By Anirban Sen NEW YORK (Reuters) – Recursion Pharmaceuticals, a biotech firm which uses artificial intelligence to discover new drug candidates, has agreed to buy smaller rival Exscientia for $[...]
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Trump signals interest in influencing Federal Reserve decisions if he regains White House
WASHINGTON (Reuters) -Republican candidate Donald Trump said on Thursday that U.S. presidents should have a say over decisions made by the Federal Reserve, the most explicit indication so far of his i[...]
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Nasdaq, S&P 500 end 2% higher in rally after US jobless data
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks jumped on Thursday, with the Nasdaq and S&P 500 each ending more than 2% higher after jobless claims fell more than expected in the latest[...]
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News Corp earnings beat as Dow Jones, real estate listing units drive growth
By Jaspreet Singh (Reuters) -News Corp beat estimates for fourth-quarter revenue and profit on Thursday, driven by strength in its Dow Jones unit and strong performance in its real estate listing and[...]
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Moody’s downgrades Intel’s senior unsecured rating
(Reuters) – Moody’s downgraded Intel’s senior unsecured rating on Thursday to BAA1 from its earlier A3 rating, citing concerns about the chipmaker’s profitability. The unsecure[...]
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Take-Two banks on new games to boost bookings in next two fiscal years
By Zaheer Kachwala (Reuters) -Take-Two Interactive Software said on Thursday it expects net bookings to grow in fiscal years 2026 and 2027, as the videogame publisher gears up for the launch of its lo[...]
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Elf Beauty projects annual forecasts below estimates as consumers spend cautiously
By Granth Vanaik and Anuja Bharat Mistry (Reuters) -Elf Beauty forecast annual sales and profit below estimates on Thursday and said it would raise prices of its products if Republican presidential ca[...]
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Brazil central bank will do ‘whatever is necessary’ to control inflation, director says
SAO PAULO (Reuters) -Brazil’s central bank will do “whatever is necessary” to control inflation, monetary policy director Gabriel Galipolo said on Thursday, adding that risks appeare[...]
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