Author Archives: Syndicated Content
Eli Lilly signs research deal with AI-focused Genetic Leap
(Reuters) - Eli Lilly has entered into a research deal with artificial intelligence-focused firm Genetic Leap for up to $409 million to develop genetic medicines, the latter said on Thursday. (Reporti...
Sep 05, 2024
Leaked Disney data reveals financial and strategy secrets, WSJ reports
(Reuters) - Data from Walt Disney that was leaked online this summer included financial and strategy information, as well as personally identifiable information of some staff and customers, the Wall S...
Sep 05, 2024
US second-quarter productivity revised higher
WASHINGTON (Reuters) - U.S. worker productivity grew faster than initially thought in the second quarter, reining in labor costs, suggesting that inflation pressures could continue to subside. Nonfarm...
Sep 05, 2024
Blackstone seeks A$5.5 billion loan for AirTrunk acquisition, sources say
By Kane Wu, Scott Murdoch and Renju Jose HONG KONG/SYDNEY (Reuters) - A Blackstone-led consortium is taking out an around $A5.5 billion ($3.7 billion) loan package to help fund the A$24 billion AirTru...
Sep 05, 2024
Brazil's auto production up, sales down in August
SAO PAULO (Reuters) - Brazil's auto production rose 5.2% in August from July to 259,613 units, automakers association Anfavea said on Thursday. Vehicle sales in Latin America's largest economy, howeve...
Sep 05, 2024
Venezuela's oil exports climb to four-year high in August
By Marianna Parraga and Mircely Guanipa HOUSTON/MARACAY (Reuters) - Venezuela's August oil exports hit their highest in more than four years, according to shipping data, fueled by expanded shipments t...
Sep 05, 2024
Cable news channel Newsmax confidentially files for US IPO
(Reuters) -Conservative U.S. cable news channel Newsmax said on Thursday it had confidentially filed for an initial public offering in the United States. The U.S. IPO market is on a rebound with upcom...
Sep 05, 2024
US to spend $7.3 billion on rural clean energy projects
By Leah Douglas (Reuters) - President Joe Biden's administration on Thursday said the U.S. will spend $7.3 billion from 2022's Inflation Reduction Act to fund clean energy projects helmed by rural ele...
Sep 05, 2024
US awards $1 billion for road safety projects as traffic deaths remain high
By David Shepardson WASHINGTON (Reuters) - The U.S. Transportation Department said on Thursday it is awarding $1 billion for a series of projects aimed at reducing traffic crashes, as road deaths rema...
Sep 05, 2024
Shell, Eni lead funding round for carbon capture firm Mantel Capture
By Peter Henderson and Simon Jessop SAN FRANCISCO/LONDON (Reuters) - European oil majors Shell and Eni have led an early stage funding round for climate technology start-up Mantel Capture, which aims ...
Sep 05, 2024
