Author Archives: Syndicated Content
Dollar's dominant reserve currency status to endure, says Morgan Stanley
LONDON (Reuters) - The U.S. dollar's dominant reserve currency status is likely to endure partly because credible challengers, including the Chinese yuan, are lacking, Morgan Stanley said in a report ...
Apr 18, 2024
Blackstone reports 1% rise in first-quarter earnings
By Chibuike Oguh NEW YORK (Reuters) - Blackstone Inc, the world's largest private equity firm, said on Thursday that its first-quarter distributable earnings rose 1% year-on-year supported by growth i...
Apr 18, 2024
Elevance beats profit estimates as higher premiums keep costs in check
(Reuters) -Elevance Health on Thursday reported quarterly profit above Wall Street estimates and slightly raised its annual earnings expectations, as higher premiums from commercial insurance plans he...
Apr 18, 2024
Cerevel Therapeutics' Parkinson's disease drug meets main goal in late-stage study
(Reuters) -Cerevel Therapeutics said on Thursday its Parkinson's disease drug met the main goal of a late-stage trial. The trial was testing the drug tavapadon as an add-on therapy to levadopa, the st...
Apr 18, 2024
UK drug shortages swell amid Brexit supply woes, think-tank data shows
(Reuters) - Drug shortages in the UK more than doubled between 2020 and 2023 with Brexit likely to "significantly weaken" the country's ability to tackle supply chain snags, according to a report publ...
Apr 18, 2024
Indian food regulator begins enquiry into Nestle over alleged sugar use in baby foods, ET reports
BENGALURU (Reuters) - The Indian food regulator has started an enquiry into Nestle India over the alleged use of sugar in baby food products in low-income countries, including India, by its Swiss pare...
Apr 18, 2024
Weight-loss drug developer Metsera raises $290 million in funding
By Pratik Jain (Reuters) - Weight-loss drug developer Metsera has raised $290 million in funding, led by biotech investor ARCH Venture Partners as well as participation from firms such as SoftBank and...
Apr 18, 2024
Google terminates 28 employees for protest of Israeli cloud contract
(Reuters) - Google said on Thursday it had terminated 28 employees after some staff participated in protests against the company's cloud contract with the Israeli government. The Alphabet unit said a ...
Apr 18, 2024
Olympics-Indian long jumper Sreeshankar's Paris dreams dashed by knee injury
NEW DELHI (Reuters) - India's Asian Games silver medallist Murali Sreeshankar will miss the Paris Olympics with a knee injury sustained in training this week, the long jumper said on Thursday. Sreesha...
Apr 18, 2024
Parched Texas growing season looms as US, Mexico spar over water treaty
By Leah Douglas, Cassandra Garrison and Marcelo Teixeira (Reuters) - Texas farm groups warn of a disastrous season ahead for citrus and sugar as Mexican and U.S. officials try to resolve a dispute ove...
Apr 18, 2024
