(Reuters) – Morgan Stanley lowered its long-term Brent price forecast on Tuesday and said the oil market is broadly balanced in 2019 after OPEC and its allies including Russia agreed to extend their production cuts by even longer than expected. The bank lowere... More »
(Reuters) – Andy Murray is one of the most important players in the tennis circuit and his comeback from injury should please everybody, 18-times Grand Slam winner Rafa Nadal has said. “It is not about I am happy to see him back. Everybody should be happy to s... More »
(Reuters) – World number one Novak Djokovic has added former Wimbledon champion Goran Ivanisevic to his coaching team ahead of his title defense at SW19, the Serb has said. “I am grateful to have Goran Ivanisevic on my side of the net. We have agreed to collab... More »
(Reuters) – Second seed Naomi Osaka kicks off her quest for a third Grand Slam title against unseeded Kazakh Yulia Putintseva at Wimbledon on Monday in the Japanese’s first tournament since losing her world number one ranking. Osaka’s early exit from the Birmi... More »
(Reuters) – A look at the records of Kazakhstan’s Yulia Putintseva and Japan’s Naomi Osaka before their first-round match at Wimbledon on Monday (prefix number denotes seeding): YULIA PUTINTSEVA Age: 24 WTA Ranking: 39 (Highest ranking: 27) Grand Slam titles: ... More »
(Reuters) – Rio Tinto (RIO.L)(RIO.AX) named Barbara Levi as its new general counsel and group executive on Monday, replacing Philip Richards. Levi, currently group legal head, M&A and strategic transactions at Novartis, will join the miner on Jan. 1, 2020. Sou... More »
Family background can matter for the health of diabetic children, according to researchers in Denmark who found young patients’ blood sugar control was linked with the level of education their mothers had attained. “One of the first explanations that comes to ... More »
(Reuters) – U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed and manufactured outside China, the Wall Street Journal reported on Sunday, citing people familiar with the matter. As ... More »
(Reuters) – Autonomous vehicle technology company Velodyne Lidar has hired bankers for an initial public offering, Business Insider reported on Saturday, citing sources familiar with the process. The San Jose, California-based company is working with Bank of A... More »
(Reuters) – Amazon.com Inc is exploring using drones not just to deliver packages but also to provide surveillance as a service to its customers, according to a patent granted by the United States Patent and Trademark Office. The delivery drones can be used to... More »
(Reuters) – The U.S. drug regulator on Friday approved Palatin Technologies and Amag Pharmaceuticals’ drug to restore sexual desire in premenopausal women, the latest attempt to come up with a therapy that some have dubbed as “female Viagra”. The therapy, Vyle... More »
(Reuters) – British finance minister Philip Hammond is “prepared to resign” over Prime Minister Theresa May’s legacy spending plans, ITV said on Tuesday, citing the Press Association. Senior government sources told the Press Association that tension between of... More »
(Reuters) – Pfizer Inc said on Monday it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon cancer and build up its pipeline of oncology drugs. The largest U.S. drugmaker agreed to pay a hefty premium ... More »
(Reuters Health) – Preventing falls among elderly patients who’ve just left the hospital is an important part of keeping them safe, a large U.S. study shows. When elderly patients are discharged, one of the major reasons they end up back in the hospital is tha... More »
(Reuters) – The United States recorded 22 new measles cases last week, bringing the year’s total number of cases to 1,044 in the worst outbreak of the disease since 1992, federal health officials said on Monday. The U.S. Centers for Disease Control and Prevent... More »
(Reuters) – VBI Vaccines Inc said on Monday a late-stage study was unsuccessful in showing two doses of its hepatitis B vaccine were as effective as three doses of an older vaccine from GlaxoSmithKline, sending its shares plunging 66%. The study tested VBI’s S... More »
(Reuters) – Silicon Valley billionaire Elon Musk tweeted here late on Sunday that he had “just deleted” his Twitter account, while also changing his Twitter display name to “Daddy DotCom”. Sunday, June 16 was Father’s Day in the United States and the Tesla Inc... More »
(Reuters) – Collective Health, which makes software for companies to pay workers’ health costs directly, said on Monday it had raised $205 million in new funding led by SoftBank Group Corp’s Vision Fund. The San Francisco, California-based company said it woul... More »
BENGALURU (Reuters) – India said on Wednesday it will launch its second lunar mission in mid-July, as it moves to consolidate its status as a leader in space technology by achieving a controlled landing on the moon. The mission, if successful, would make India... More »
PARIS/TOKYO (Reuters) – Renault has signaled it will block alliance partner Nissan from adopting planned governance reforms unless the French automaker gets more say in the new system, a demand which Nissan said was “most regrettable” and which one source deri... More »
(Reuters) – England cannot afford to drop their intensity in the second half and must be ruthless in possession if they are to progress at the women’s World Cup, coach Phil Neville said after Sunday’s 2-1 win over Scotland. England were leading 2-0 but tired a... More »
PARIS (Reuters) – Nissan Motor Co believes that attempts by Renault SA to place one of its directors on Nissan’s planned governance reform committees may lead to a conflict of interest, a source with knowledge of the issue told Reuters on Monday. Renault, whic... More »
(Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Sunday that President Donald Trump might ease U.S. restrictions on Huawei if there was progress in the trade row with China – but absent a deal, Washington would maintain tariffs to cut its deficit. “I... More »
(Reuters) – Insulin-dependent patients with type 2 diabetes saw a significant drop in their blood sugar levels after wearing Abbott Laboratories Inc’s continuous glucose monitoring system for three months compared with those who use routine fingerstick testing... More »
(Reuters) – The U.S. Food and Drug Administration and the Federal Trade Commission on Friday issued warning letters to four flavored e-liquid product makers, stepping up pressure on firms using social media influencers to promote their products. Social media m... More »
FRANKFURT (Reuters) – Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German company said on Monday. The cash offer of ... More »
(Reuters) – Alphabet Inc’s Google said on Sunday it had resolved the network congestion in the eastern United States that affected services in Google Cloud, G Suite and YouTube. Google said it would conduct an investigation of the outage and make appropriate i... More »
(Reuters) – German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmaker at almost $10 billion, Bloomberg reported on Sunday. Infineon will pay between $23-$24 a share for Cypress Semiconductor, Bloo... More »
(Reuters) – Alexander Zverev has made a habit of taking his Roland Garros matches to the fifth set but he is confident that the extra miles he has clocked on court will not be a hindrance when he takes on Italian Fabio Fognini in Monday’s fourth-round clash. T... More »
(Reuters) – A look at the records of Italy’s Fabio Fognini and German Alexander Zverev before their fourth-round match at the French Open on Monday (prefix number denotes seeding): 9-FABIO FOGNINI Age: 32 ATP Ranking: 12 (Highest ranking: 11) Grand Slam titles... More »
(Reuters) – Facebook Inc is in talks with the U.S. derivatives regulator, the Commodity Futures Trading Commission (CFTC), over the social media company’s plans for a digital currency, the Financial Times reported on Sunday. The regulator is in the early stage... More »
(Reuters) – Ratings agency S&P said on Friday it had raised Indonesia’s sovereign credit rating to ‘BBB’, citing the country’s strong economic growth prospects and supportive policy dynamics. S&P had previously rated Indonesia at ‘BBB-‘, the lowest investable ... More »
(Reuters) – Australian wealth manager AMP Ltd said on Thursday it would defend itself against a new class-action lawsuit filed on behalf of pension fund account holders and claiming overcharging of fees. The suit, filed by law firm Maurice Blackburn in the Fed... More »
(Reuters) – Defending champion Rafa Nadal begins his French Open campaign on Monday, seeking his 12th title and 18th Grand Slam while looking to dismiss any doubts about his form after three consecutive semi-final exits in the run-up to Roland Garros. Three di... More »
(Reuters) – Mike Ashley has agreed to sell Newcastle United to Abu Dhabi’s billionaire Sheikh Khaled bin Zayed Al Nehayan for 350 million pounds ($445.24 million), the Sun reported late on Sunday. The contracts between Ashley and Sheikh Khaled have been signed... More »
(Reuters) – Huawei Technologies’ founder and Chief Executive Ren Zhengfei told Bloomberg bloom.bg/2HT7DUY that retaliation by Beijing against Apple Inc was unlikely and that he would oppose any such move from China against the iPhone maker. When asked about ca... More »
(Reuters) – U.S. real estate title insurance company First American Financial Corp said on Friday it had learned of a design defect in one of its production applications that had made possible unauthorized access to customer data. The statement was sent in res... More »
(Reuters) – Billionaire entrepreneur Elon Musk’s SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space. The c... More »
(Reuters Health) – Women who suffer cardiac arrest outside of a hospital are less likely to receive help from bystanders and have less chance of survival than men, a recent Dutch study showed. The results align with what a separate study found in the United St... More »
(Reuters) – Purplebricks Group Plc named Phil Felice as the interim boss of its U.S. operations on Monday to oversee the online estate agent’s review of the business and said it was optimistic about the future of the business. Purplebricks had said earlier thi... More »
(Reuters) – U.S. Senator Mark Warner said on Sunday that he has been organizing meetings between U.S. intelligence officials and the country’s business and academic communities to urge caution in their relationships with China. “I have been convening meetings ... More »
(Reuters) – Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant “may slow, but only slightly” due to recent U.S. restrictions. In remarks to the Japanese press and reported s.nikkei.com/2VMJSaT by... More »
(Reuters) – The U.S. Food and Drug Administration warned of risks of serious injury or death from surgical staplers made by Johnson & Johnson’s Ethicon unit, labeling a recent recall of the device as its most serious. The recall, initiated early April by Ethic... More »
(Reuters) – AbbVie Inc said on Friday it has halted enrollment of patients in all ongoing studies testing its brain cancer treatment after the drug failed to meet the main goal in a late-stage trial. The company’s shares fell 1.8 percent to $78.10 before the b... More »
(Reuters) – Financing group Greensill Capital on Monday confirmed SoftBank Group Corp’s Vision Fund has invested $800 million in the British company, a vote of confidence in the UK finance sector that has been navigating Brexit challenges. Greensill, which pro... More »
WASHINGTON (Reuters) – Facebook Inc quickly rejected a call from co-founder Chris Hughes on Thursday to split the world’s largest social media company in three, while lawmakers urged the U.S. Justice Department to launch an antitrust investigation. Facebook ha... More »
GV, Alphabet Inc’s venture capital arm, led a $58.5 million investment to launch Verve Therapeutics, a new biotech focused on developing therapies that edit the human genome to treat heart diseases. Gene editing therapies are seen to have huge scope in treatin... More »
(Reuters) – China is considering canceling trade talks with the United States this week after U.S. President Donald Trump vowed to hike tariffs on China, the Wall street Journal reported on Sunday citing a source. Earlier on Sunday, Trump announced he would hi... More »
(Reuters) – British drugmaker Vectura Group Plc said on Saturday that it won a patent infringement litigation case against GlaxoSmithKline Plc in the United States and has been awarded $89.7 million in damages for the period from August 2016 through December 2... More »
(Reuters) – Dutch chip equipment maker ASML Holding NV said on Saturday a U.S. court had issued its final judgment in favor of ASML in an intellectual property theft case against U.S. software maker Xtal. The Santa Clara County Superior Court in California awa... More »
(Reuters) – Tyson Foods Inc significantly expanded a recall of frozen, ready-to-eat chicken strips to close to 12 million pounds (5.4 million kg) over contamination concerns, the U.S. Department of Agriculture said on Saturday. The Department’s Food Safety and... More »
(Reuters) – Bomb blasts ripped through churches and luxury hotels in Sri Lanka on Easter Sunday, killing 207 and injuring 450 people, in the first major attack on the Indian Ocean island since the end of a civil war 10 years ago. Here is a timeline of the expl... More »
(Reuters) – Elon Musk’s SpaceX suffered an anomaly in one of its Crew Dragon capsules while conducting engine tests at the Cape Canaveral Air Force Station in Florida on Saturday, the company said. “The initial tests completed successfully but the final test r... More »
(Reuters) – U.S. intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company in the West. The CIA accused Huawei of receiving fund... More »
(Reuters) – A British cyber security researcher hailed as a hero for neutralizing the global “WannaCry” ransomware attack in 2017 has pleaded guilty to U.S. charges of writing malware. Marcus Hutchins, who was charged on 10 counts in the United States, pleaded... More »
(Reuters) – Generic drugmaker Teva Pharmaceutical Industries Ltd on Friday received approval from the U.S. Food and Drug Administration (FDA) to market its generic nasal spray for opioid overdose, the health regulator said. This is the first approval of a gene... More »
(Reuters) – A joint venture between U.S. smartphone chipmaker Qualcomm Inc and China’s Guizhou province will shut down by the end of the month, The Information reported on Friday, citing employees at the venture. The joint venture, Huaxintong Semiconductor (HX... More »
(Reuters) – Italian-U.S. carmaker Fiat Chrysler Automobiles NV (FCA) has agreed to pay electric carmaker Tesla Inc hundreds of millions of euros to allow Tesla vehicles to be counted in its fleet to avoid fines for violating new European Union emission rules. ... More »
SINGAPORE/ADDIS ABABA (Reuters) – Boeing Co said it invited more than 200 global airline pilots, technical leaders and regulators for an information session on Wednesday as it looks to return the 737 MAX to commercial service. The meeting is a sign that Boeing... More »
(Reuters) – British drugmaker AstraZeneca Plc said on Monday the European Commission approved its diabetes drug Forxiga for use as an oral supplement to insulin in adults with a rare type of the disease. Forxiga can now be used along with insulin in patients w... More »
(Reuters) – Uber Technologies Inc is set to offer over $3 billion to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal told Reuters. Uber’s offer could be unveiled during the early part of this week, a third source added. Uber will p... More »
(Reuters) – Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on the discussions. U.S. Trade Representative Robert ... More »
BENGALURU (Reuters) – The southern Indian state of Karnataka kept the door open on Saturday to talks with local ride-hailing service Ola to avoid a ban that could help rival Uber build market share. Karnataka earlier this week issued a notice to suspend Ola’s ... More »
(Reuters) – Apple Inc is expected to unveil a new video streaming service and a news subscription platform at an event on Monday at its California headquarters. The iPhone maker is banking on growing its services business to offset a dip in smartphone sales. W... More »
(Reuters) – Tyson Foods is recalling some 69,000 pounds of frozen, ready-to-eat chicken strips that may have been contaminated with metal, the top U.S. meat processor said on Friday, marking its second recall this year. The U.S. Department of Agriculture’s (US... More »
(Reuters) – U.S. officials have not yet validated data from the black boxes of an Ethiopian Airlines plane that crashed killing all 157 people on board, emphasizing the investigation remains in the very early stages, two officials briefed on the matter told Re... More »
(Reuters) – The U.S. Department of Transportation is investigating the Federal Aviation Administration’s approval of Boeing Co’s 737 MAX jetliners, the Wall Street Journal reported on Sunday, citing people familiar with the probe. The Transportation Department... More »
(Reuters) – Facebook Inc said it removed 1.5 million videos globally of the New Zealand mosque attack in the first 24 hours after the attack. “In the first 24 hours we removed 1.5 million videos of the attack globally, of which over 1.2 million were blocked at... More »
(Reuters) – The Apple Watch was able to detect irregular heart pulse rates that could signal the need for further monitoring for a serious heart rhythm problem, according to data from a large study funded by Apple Inc (AAPL.O), demonstrating a potential future... More »
(Reuters) – Non-invasive heart valve replacement systems from Medtronic Plc and rival Edwards Lifesciences Corp proved as good or better than open heart surgery in younger, more active patients for whom the surgical option was deemed low risk, according to tri... More »
(Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. Qualcomm last ye... More »
(Reuters) – Electric carmaker Tesla Inc said on Sunday it will raise prices of its high-end vehicles by about 3 percent on average as it plans to keep more retail stores open than planned. Tesla said the worldwide price hikes will apply to the more expensive v... More »
(Reuters) – Networking software company Citrix Systems Inc said on Friday it has taken action to fix incident involving unauthorized access, possibly by international cyber criminals, to its internal network. Citrix also said it was contacted by the U.S. Feder... More »
NEW YORK (Reuters) – BlackRock, the world’s biggest asset manager, on Monday recommended investors hold more U.S. Treasury Inflation Protected Securities (TIPS) as the Federal Reserve is expected to refrain from raising short-term interest rates in the coming ... More »
(Reuters) – Ray Kelvin, founder and chief executive of British fashion retailer Ted Baker Plc, resigned on Monday following misconduct allegations related to his hugging of business colleagues. Ted Baker had announced an independent investigation into miscondu... More »
(Reuters) – Tesla Inc will unveil its Model Y on March 14 at an event in LA Design Studio, Chief Executive Elon Musk said on Sunday. “Model Y, being an SUV, is about 10 percent bigger than Model 3, so will cost about 10 percent more & have slightly less range ... More »
(Reuters) – British engine maker Rolls-Royce Holdings Plc said on Sunday it had scaled back efforts to join a Turkish program to build a new fighter jet with Turkey’s Kale Group. Talks between Kale and Rolls-Royce ran into problems last year because of a dispu... More »
(Reuters) – U.K. Attorney General Geoffrey Cox has abandoned attempts to secure a hard time-limit or unilateral exit mechanism for the Irish backstop, the Telegraph reported on Sunday. Ministers said Cox’s aims that represent central demands of Eurosceptics ar... More »
(Reuters) – U.S. health regulators said on Friday a third cancer-causing toxin was found in some blood pressure pills recalled by India’s Hetero Labs Ltd a day earlier, adding to a global recall of commonly used drugs to treat hypertension. The U.S. Food and D... More »
(Reuters) – Endo International Plc said on Friday the U.S. health regulator has decided not to include blood pressure treatment vasopressin in its list of drugs that can be used in compounding, in a boost to the drugmaker that makes the only FDA-approved versi... More »
(Reuters) – The U.S. Air force said on Friday it had stopped accepting Boeing Co’s KC-46 tankers since Feb. 20 and is working with the company to resolve the issue of foreign object debris (FOD) that were found in the aircraft. “No aircraft have been accepted ... More »
NEW YORK (Reuters) – Wells Fargo & Co is engaged in preliminary exploratory resolution discussions with the U.S. Department of Justice and the U.S. Securities and Exchange Commission about inquiries into its sales practices, the bank said on Wednesday. Wells F... More »
SAN FRANCISCO (Reuters) – The U.S. Securities and Exchange Commission (SEC) is pursuing a contempt order against Tesla Inc CEO Elon Musk, saying he violated a fraud settlement by tweeting material information without preapproval, sending the firm’s shares down... More »
(Reuters) – Australia’s TPG Telecom Ltd said on Tuesday it will take A$228 million ($163 million) in writedowns in its first-half results after halting its mobile network rollout due to a ban on the use of equipment from Huawei Technologies Co Ltd. TPG said la... More »
(Reuters) – Amazon.com Inc said on Monday it appointed former PepsiCo Inc Chief Executive Officer Indra Nooyi as a director, making her the second woman to be named to the e-commerce giant’s board this month. Earlier this month, the company named Starbucks Cor... More »
(Reuters) – Rory McIlroy has advised Sergio Garcia to find “sanctuary” on the golf course rather than let his emotions get the better of him following his outburst and subsequent disqualification at the Saudi International earlier this month. Garcia was disqua... More »
(Reuters) – Drug developer UniQure NV said on Friday its gene therapy to treat hemophilia B increased the levels of a protein that helps in blood clotting after 12 weeks in a small study. The company’s shares rose 5.5 percent in light premarket trading. The up... More »
(Reuters) – Kenya’s 19-year-old Stephen Kiprop won the Ras Al Khaimah (RAK) half marathon on Friday in a course record-equalling 58 minutes and 42 seconds, the fastest time ever recorded by a teenager. Ethiopians Abadi Hadis and Fikadu Haftu completed the podi... More »
LONDON (Reuters) – A body retrieved from the wreckage of a crashed plane in the English Channel has been formally identified as Cardiff City’s Argentina-born soccer player Emiliano Sala, British police said in a statement on Thursday. Sala, 28, had been flying... More »
(Reuters) – The U.S. Food and Drug Administration said on Thursday it was taking action against certain retailers including Walgreen Boots Alliance for repeatedly flouting tobacco sale rules, including sale of cigars and menthol cigarettes to minors. Walgreens... More »
(Reuters) – Shares of U.S. gene therapy companies sank on Thursday after drugs developed by two small firms failed to show promise in separate clinical trials, underscoring the challenges in an emerging, lucrative field of biotech. Experimental treatments deve... More »
TOKYO (Reuters) – Nissan Motor Co Ltd on Monday said it was the target of a U.S. Securities and Exchange Commission (SEC) inquiry, as the Japanese automaker itself faces scrutiny in a financial scandal it has blamed on ousted chairman Carlos Ghosn. Nissan has ... More »
(Reuters) – China’s envoy to the European Union warned that excluding Chinese tech group Huawei could hamper new 5G mobile networks, the Financial Times on Sunday. Efforts to limit involvement of Chinese technology in upcoming 5G projects in Europe might bring... More »
(Reuters) – Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption into these apps, the New York Times reported ... More »
(Reuters) – Netflix Inc (NFLX.O) forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending shares of the world’s largest streaming service down 4 percent in after-hours trading. Inve... More »
(Reuters) – U.S. stock futures dropped on Monday, after data showed China’s exports unexpectedly shrank the most in two years, raising fears of a sharper slowdown in global economic growth and its impact on corporate profits. About 35 S&P 500 companies are exp... More »
(Reuters) – Kenya’s world record holder and defending champion Eliud Kipchoge will return to the London Marathon this year, setting up a mouth-watering clash with Britain’s Mo Farah. Kipchoge made it three wins from as many appearances at the London Marathon l... More »
(Reuters) – Simona Halep begins her Australian Open campaign against Kaia Kanepi on Tuesday in a rematch of their U.S. Open meeting which the world number one lost in straights sets. The Romanian has struggled for form and fitness since that first-round defeat... More »
(Reuters) – Investment bank Perella Weinberg Partners plans to name Peter Weinberg as its chief executive officer with current CEO Robert Steel set to become the company’s chairman, a person familiar with the matter told Reuters on Thursday. Weinberg founded t... More »
(Reuters) – Bernard Tomic secured a controversial-yet-comical victory in an exhibition match against compatriot Nick Kyrgios at the Kooyong Classic on Wednesday when the Australian hit an ace on match point with an underarm serve from behind his legs. Serving ... More »
