AbbVie’s $8.7 billion bet on Cerevel is risky but smart, analysts say
By Bhanvi Satija and Khushi Mandowara (Reuters) – AbbVie’s decision to buy Cerevel Therapeutics before key data on the drug developer’s experimental schizophrenia treatment may have helped it avoid a potential bidding…
U.S. details risky Chinese military aircraft maneuvers over past two years
WASHINGTON (Reuters) – Chinese military aircraft have carried out risky or reckless maneuvers close to U.S. aircraft nearly 200 times since 2021, a U.S. official said on Tuesday, putting a figure on…
Mexican president says operations at capital airport ‘very risky’
MEXICO CITY (Reuters) – Operations at Mexico City’s principal airport are “very risky,” President Andres Manuel Lopez Obrador said on Friday. The Mexico City International Airport (AICM) is operating at 150% of…
‘It Is A Risky Proposition’: Homeowners Are Skipping Out On Insurance As Premiums Skyrocket
‘It Is A Risky Proposition’: Homeowners Are Skipping Out On Insurance As Premiums Skyrocket Will Kessler on August 28, 2023 Some Americans are choosing to go without home insurance as the cost…
ALEX STONE And LUKE DAIGNEAULT: Has Boeing Turned A Blind Eye To Its Risky China Relationship?
ALEX STONE And LUKE DAIGNEAULT: Has Boeing Turned A Blind Eye To Its Risky China Relationship? Alex Stone And Luke Daigneault on April 17, 2023 Is Boeing more loyal to the Chinese…
Aircraft lessors cool on risky markets after $10 billion Russia blow
By Conor Humphries and Padraic Halpin DUBLIN (Reuters) – Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after losing 400 planes…
Too good to be bad, too risky to be good, Fed managing ‘unloved’ economy
By Howard Schneider WASHINGTON (Reuters) – After playing catch-up with inflation through the past year in a policy shift made urgent by relentlessly rising prices, the U.S. Federal Reserve now faces a…
Brazil’s risky debtors triple since 2019 – central bank
By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank said on Wednesday that 12.2% of borrowers from authorized financial institutions are in a “risky indebtedness” situation, with the total number of Brazilians…
Analysis-Biden hints at risky policy shift on Taiwan independence
By Michael Martina and David Brunnstrom WASHINGTON (Reuters) – Overshadowed by U.S. President Joe Biden’s headline-grabbing vow that American forces would defend Taiwan against a Chinese attack was his hint at possibly…
Wood’s ARK fund on track for first monthly gain since Oct as risky stocks rally
By David Randall NEW YORK – Cathie Wood’s ARK Innovation fund is on track to post its first monthly gain in eight months in July, riding a rally that has seen beaten-down…
Analysis-Meme stock investors place risky bet on bankrupt Revlon being the next Hertz
By Angelique Chen and Krystal Hu (Reuters) – Even for a veteran meme stock trader like Mike Minutelli, Revlon Inc is a wild bet. The 30-year-old plumber from Oxford, North Carolina, scored…
How crypto lender Celsius stumbled on risky bank-like investments
By Hannah Lang, Carolina Mandl and Elizabeth Howcroft (Reuters) – Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled on complex investments in the wholesale digital…
Analysis-Retail traders splurge on risky plays, fueling bounce
By Saqib Iqbal Ahmed NEW YORK – Freshly emboldened retail investors have continued piling into risky assets, supporting a bounce that has buoyed everything from so-called meme stocks to cryptocurrencies despite economic…
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