Author Archives: Syndicated Content
Investors expect volatile Nasdaq return for AI firm split from Russia's Yandex
By Alexander Marrow (Reuters) - Investors in Amsterdam-based Nebius Group expect volatile trading on Monday when the AI infrastructure firm's Nasdaq listing, formerly held by Yandex, often dubbed "Rus...
Oct 21, 2024
Thai police say 18 arrested as alleged pyramid scheme losses near $50 million
By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) - Thai police have arrested 18 people and seized luxury goods after receiving nearly 5,600 complaints about an alleged pyramid scheme,...
Oct 21, 2024
Lilly sues online vendors, medical spa over copycat weight-loss drugs
By Patrick Wingrove (Reuters) - Eli Lilly said on Monday it sued three medical spas and online vendors for selling products claiming to contain tirzepatide, the main ingredient in its popular weight-l...
Oct 21, 2024
Biden administration proposes free over-the-counter birth control
By Ahmed Aboulenein WASHINGTON (Reuters) - The Biden administration is proposing a rule that would provide women with private insurance access to over-the-counter birth control pills and other contrac...
Oct 21, 2024
Major Gulf markets mixed on regional conflict, rate cuts
(Reuters) - Major stock markets in the Gulf were mixed in early trade on Monday amid simmering tensions in the region and weakening oil prices. Hundreds of Beirut residents fled their homes late on Su...
Oct 21, 2024
Iran complains to UN nuclear watchdog about Israeli threats against its nuclear sites
DUBAI (Reuters) - Iran has written to the U.N. nuclear watchdog to complain about Israel's threats against its nuclear sites, foreign ministry spokesperson Esmaeil Baghaei said on Monday at a weekly n...
Oct 21, 2024
European shares start the week on muted note, with key earnings on tap
(Reuters) - European shares kicked off the week broadly unchanged on Monday, after two back-to-back weekly gains, as investors brace to assess a series of corporate earnings. The Europe-wide STOXX 600...
Oct 21, 2024
JAB to boost stake in JDE Peet's with $2.4 billion Mondelez share buyout
(Reuters) - German conglomerate JAB has agreed to acquire Mondelez's 86 million shares in Dutch coffee maker JDE Peet's for 25.10 euros per share, amounting to a total of 2.2 billion euros ($2.4 billi...
Oct 21, 2024
Sidenor in talks to buy some or all of Spanish train maker Talgo
(Reuters) - Basque steel maker Sidenor is in talks with Talgo about buying some or all of the Spanish train maker's shares, Talgo said on Monday. Last week, Sidenor sent Talgo a letter saying it was c...
Oct 21, 2024
ECB's Simkus says rates may need to go below 'natural' level
VILNIUS (Reuters) - The European Central Bank is likely to cut its key interest rate down to its "natural" level between 2% and 3% but it may need to reduce it even further if a fall in inflation beco...
Oct 21, 2024
