By Jessica DiNapoli NEW YORK -Ben & Jerry’s independent board said parent company Unilever Plc, with which it is locked in a dispute over the sale of its Israeli business, …
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Moderna COVID vaccine sales forecast unchanged even as COVAX program cuts orders
by Reutersby ReutersBy Michael Erman and Manas Mishra (Reuters) – Moderna Inc on Wednesday maintained its full-year COVID-19 vaccine sales forecast of $21 billion as canceled orders from low- and middle-income nations …
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Germany’s Scholz says Russia has no reason to hold up turbine return
by Reutersby ReutersBy Christoph Steitz MUELHEIM AN DER RUHR, Germany -German Chancellor Olaf Scholz on Wednesday said Russia had no reason to hold up the return of a gas turbine for the …
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Automakers press U.S. Senator Manchin for changes to EV tax credit proposal
by Reutersby ReutersBy David Shepardson WASHINGTON -Automakers want Democratic Senator Joe Manchin to revisit his proposal to restructure the $7,500 electric vehicle tax credit, raising fears it could be largely unworkable because …
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By Manya Saini and Niket Nishant (Reuters) – Wall Street has lowered earnings expectations for once high-flying fintechs Coinbase and Block, as a chill in the cryptocurrency market adds more …
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Senate bill would hand bitcoin, ether oversight to commodities regulator
by Reutersby ReutersBy Pete Schroeder WASHINGTON – A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies. The measure, …
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Fossil fuel side deal for U.S. climate bill slammed by green groups
by Reutersby ReutersBy Nichola Groom (Reuters) – A deal among U.S. Senate Democrats that would provide faster approvals for fossil fuel projects in exchange for party-line support for a spending bill focused …
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Ukraine says Russia creating strike force aimed at Zelenskiy’s hometown
by Reutersby ReutersKYIV -Ukraine said on Wednesday that Russia had started creating a military strike force aimed at President Volodymyr Zelenskiy’s hometown of Kryvyi Rih and warned that Moscow could be preparing …
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By Bansari Mayur Kamdar and Anisha Sircar (Reuters) – European shares rose on Wednesday as a slate of upbeat earnings from companies including Infineon, AXA and Just Eat Takeaway offset …
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COPENHAGEN -Shares in Danish drugmaker Novo Nordisk fell on Wednesday as news about its new obesity drug disappointed investors, even though the firm lifted its sales and operating profit forecasts …
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EU says Novavax COVID shot must carry heart side-effect warning
by Reutersby ReutersBy Natalie Grover and Ludwig Burger LONDON -The European Medicines Agency (EMA) is recommending Novavax’s COVID-19 vaccine carry a warning of the possibility of two types of heart inflammation, an …
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JPMorgan, Bank of America invest in L’ATTITUDE Ventures’ first fund
by Reutersby Reuters(Reuters) – L’ATTITUDE Ventures on Wednesday closed its first institutional fund raising over $100 million with an anchor investment from Wall Street giant JPMorgan Chase and initial investments from Trujillo …
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Biden to sign bill to boost chipmakers, compete with China Aug. 9 – White House
by Reutersby ReutersBy David Shepardson WASHINGTON – President Joe Biden next Tuesday will sign a bill to subsidize the U.S. semiconductor industry and boost efforts to make the United States more competitive …
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Toyota unit falsified emissions data from at least 2003, probe finds
by Reutersby ReutersBy Satoshi Sugiyama TOKYO -A major affiliate of Japan’s Toyota Motor Corp falsified emissions data on some engines going back to at least 2003, more than a decade earlier than …
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Former Iraqi activists dismayed as powerful groups use protest tactics
by Reutersby ReutersBy John Davison BAGHDAD – Iraqi activists who demonstrated three years ago against powerful parties and militias that run the country have watched with resentment as those same groups now …
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By Elizabeth Howcroft LONDON -U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the digital asset …
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(Reuters) -Steelmaker Ternium expects revenue per ton to decrease in the third quarter of 2022 due to lower benchmark steel prices, the company said in a presentation following second-quarter results …
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By David Lawder WASHINGTON – Five former U.S. Treasury secretaries – four Democrats and one Republican — on Wednesday voiced support for a proposed $430 billion drugs, energy and tax …
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Regeneron allays competition fears for ‘gold standard’ eye drug, shares rise
by Reutersby ReutersBy Mrinalika Roy (Reuters) -Regeneron Pharmaceuticals said on Wednesday it expects demand for blockbuster eye drug Eylea to remain strong in the third quarter even in the face of emerging …
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Newly minted meme stock darling AMTD slides after eye-popping surge
by Reutersby ReutersBy Bansari Mayur Kamdar and Medha Singh (Reuters) – Shares of AMTD Digital plunged 40% on Wednesday to snap an eye-popping rally fueled by retail investors this week that briefly …
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Romanian Black Sea port to keep shipping Ukrainian grain, seeks EU funding
by Reutersby ReutersBy Luiza Ilie CONSTANTA, Romania – At the Romanian Black Sea port of Constanta dockers have worked for months to ship out Ukrainian grain in addition to their usual loads …
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Exclusive: Missouri attorney general investigates Morningstar over ESG ratings
by Reutersby ReutersBy Ross Kerber (Reuters) – Missouri Attorney General Eric Schmitt has launched an investigation into whether Morningstar Inc violated a state consumer-protection law through its evaluations of environmental, social and …
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Alex Jones says he never meant to hurt Sandy Hook parents with hoax claims
by Reutersby ReutersBy Jack Queen (Reuters) -U.S. conspiracy theorist Alex Jones told a Texas jury on Tuesday that he never intended to hurt parents of a child killed in the 2012 Sandy …
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China minister told of possible Pelosi Taiwan trip in July, U.S. official says
by Reutersby ReutersBy David Brunnstrom TOKYO – The prospect of U.S. house speaker Nancy Pelosi visiting Taiwan was raised with the Chinese government’s top diplomat recently and there are no plans for …
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Just Eat vows profit in 2023, shares rise; Katy Perry ad spend past peak
by Reutersby ReutersBy Toby Sterling AMSTERDAM -Just Eat Takeaway.com, Europe’s largest meal delivery company, on Wednesday reported a smaller loss for the first half of 2022 and maintained growth and margin forecasts …