Author Archives: Syndicated Content
White House says U.S. Steel deal security review proceeding as normal
WASHINGTON (Reuters) - Any review of the deal by Japan's Nippon Steel for U.S. Steel by the Committee on Foreign Investment in the United States will proceed as normal, a White House official said on ...
Apr 18, 2024
Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer
By Ron Bousso, David French and Marianna Parraga LONDON/HOUSTON (Reuters) - Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U...
Apr 18, 2024
IMF says yen's declines 'significant' but reflect rate differentials
By Leika Kihara WASHINGTON (Reuters) -The International Monetary Fund said the yen's recent declines, while "quite significant," largely reflect the interest-rate differential between Japan and the Un...
Apr 18, 2024
Walmart-backed Ibotta valued at $3.55 billion in robust market debut
(Reuters) - Digital marketing firm Ibotta notched a valuation of $3.55 billion in its market debut on Thursday, after shares of the Walmart-backed company jumped 33% at open on the NYSE. (Reporting by...
Apr 18, 2024
UN Security Council to vote Thursday on Palestinian UN membership
By Michelle Nichols UNITED NATIONS (Reuters) - The U.N. Security Council is due to vote on Thursday on a Palestinian bid for full U.N. membership, said diplomats, a move that Israel ally the United St...
Apr 18, 2024
India's Biocon developing its own version of Wegovy, clinical trial likely next year
By Rishika Sadam HYDERABAD (Reuters) - Indian drugmaker Biocon, looking to grab a piece of the exploding weight-loss drug market as early as possible, is developing its own version of Novo Nordisk's w...
Apr 18, 2024
Dengue cases surge near 50% in the Americas amid 'emergency situation'
MEXICO CITY (Reuters) -Dengue cases have created an "emergency situation" in the Americas, although cases in hotspots Argentina and Brazil appear to have stabilized, the head of the Pan American Healt...
Apr 18, 2024
Fed's Williams doesn't see urgent need to cut interest rates
By Michael S. Derby NEW YORK (Reuters) - New York Federal Reserve President John Williams said on Thursday the strong state of the U.S. economy means there's no pressing case to lower interest rates r...
Apr 18, 2024
Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi
(Reuters) - Tesla shares fell to their lowest in more than a year on Thursday after Deutsche Bank raised concerns over the electric automaker's increasing focus on its autonomous vehicle products when...
Apr 18, 2024
IMF chief says productivity, Chinese consumer spending key to boosting global growth
By David Lawder and Andrea Shalal WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva bemoaned the slow pace of global growth on Thursday, saying that Europe need...
Apr 18, 2024
