LONDON (Reuters) – The coronavirus might have been spreading in China as early as August last year, according to Harvard Medical School research based on satellite images of hospital travel patterns and search engine data, but China dismissed the report as “ri... More »
NEW YORK (Reuters) – Eleven years ago, environmental scientist Jesse Ausubel dreamed aloud in a commencement speech: What if scientists could record the sounds of the ocean in the days before propeller-driven ships and boats spanned the globe? They would liste... More »
FRANKFURT (Reuters) – Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF (BNEF) said on Tuesday, as the automotive sector is hammered by the coronavirus cri... More »
(Reuters) – Goldman Sachs raised its oil price forecasts for 2020, citing tighter-than-expected inventories after the Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to deepen oil output cuts through the first quarter of next yea... More »
(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 »
HONG KONG (Reuters) – Activist investing in Asia is rising steadily, driven more by local players rather than headline-grabbing foreign firms, as the region’s regulators pay greater attention to corporate governance, according to research from JP Morgan (JPM.N... More »
NEW YORK (Reuters) – A U.S. appeals court on Thursday revived a lawsuit by five Korean traders accusing the New York high-frequency trading firm Tower Research Capital LLC and its founder Mark Gorton of conducting illegal “spoofing” trades at their expense. Th... More »
FILE PHOTO: The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai/File Photo NEW YORK (Reuters) – As new rules spur Wall Street banks to further shrink their research budgets, U.S. asset management... More »
FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France on February 20, 2017. REUTERS/Pascal Rossignol/File Photo (Reuters) – Amazon.com Inc’s shares surged on Friday, pushing its stock market value above $700 ... More »
FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, August 25, 2017. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – Samsung Electronics Co Ltd’s (005930.KS) shares fell more than 4 percent to a one-month low on M... More »
Shares of Nvidia Corp (NVDA.O) are set to open at a record on Friday, after it posted stellar quarterly results powered by higher demand for graphics chips used in gaming and data centers, and the rapid adoption of its new Volta chips for AI and driverless car... More »
U.S. pharmacy operator CVS Health Corp's (CVS.N) move to buy health insurer Aetna Inc (AET.N) could shore-up CVS' vulnerable pharmacy business and spur another round of dealmaking in an industry fearing Amazon's arrival, analysts said. More »
New rules on pricing investment research are shaking up the European fixed income, currency and commodity (FICC) industry, with many funds planning to scale back or ditch a service that banks use to drum up business. More »
An oil pump jack pumps oil in a field near Calgary, Alberta, July 21, 2014. REUTERS/Todd Korol Goldman Sachs expects global crude oil inventories to keep falling due to production cuts and strong growth in demand, although stocks are likely to rise in the Unit... More »
A computer screen showing stock graphs is reflected on glasses in this illustration photo taken in Bordeaux, France, March 30, 2016. REUTERS/Regis Duvignau With investment firms cutting costs and portfolio managers combating a barrage of information, financial... More »
A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC’s headquarters in Vienna, Austria December 10, 2016. REUTERS/Heinz-Peter Bader Goldman Sachs said the formal agreement by non-OPEC oil produc... More »
By Andrew M. Seaman(Reuters Health) – U.S. women may be more likely to report that they belong to a sexual minority if they live in states that reco More »
A nurse takes the temperature of a patient showing chikungunya-like fever symptoms at a health centre in Villa San Francisco on the outskirts of Tegucigalpa October 2, 2014. REUTERS/Jorge Cabrera By Magdalena MisLONDON (Thomson Reuters Foundation) – “Lazy mosq... More »
Walter, a Golden Retriever, lies in a MRI scanner at a neurology clinic in Budapest, Hungary, February 9, 2014. Picture taken February 9, 2014. REUTERS/Bernadett Szabo “Super, well done,” her trainer says, and Maya, a Hungarian golden retriever, happily holds ... More »
U.S. bank Goldman Sachs, one of the most bearish forecasters on oil over the past year, on Monday raised its short-term price outlook as it said the market had flipped into a deficit due to production outages in Nigeria and Canada. Goldman, one of the most act... More »
For Walt Disney’s Peter Pan, flying was “all a matter of faith and trust.” Investors in Walt Disney Co showed a lack of both in the company’s stock on Wednesday. Disney’s shares fell 4.5 percent to $101.76 in morning trading and were the biggest drag on the Do... More »
Piper Jaffray cut its rating on Wells Fargo & Co to “underweight” from “neutral” citing concerns about the bank’s credit costs. The downgrade comes a day after Wells Fargo reported a 7 percent decline in quarterly profit. The bank has set aside more than $1 bi... More »
Walt Disney Co Chief Executive Bob Iger could end up extending his term for a third time, analysts said on Tuesday, following the surprise announcement that Chief Operating Officer Tom Staggs, a potential successor, will step down in May. Disney’s shares were ... More »
GRAND FORKS, N.D. In a basement lab of a North Dakota research center, Beth Kurz and an assistant are peering through a scanning electron microscope, studying samples from the state’s vast Bakken shale oil formation. Kurz, a hydrogeologist, is part of a team, ... More »
Mobileye NV’s (MBLY.N) stock is “short of the year: 2016”, influential short-selling firm Citron Research said in a tweet on Wednesday, pushing down shares of the driving assistant software maker nearly 7 percent. The tweet provided a link to a report on elect... More »
LONDON, Anyone who goes down with flu in Europe this winter could be asked to enroll in a randomized clinical trial in which they will either be given a drug, which may or may not work, or standard advice to take bed rest and paracetamol. Those who agree could... More »
CHICAGO Cancer researchers are just beginning to understand the ramifications of the fundamental discoveries behind the 2015 Nobel Prizes in Chemistry, which were awarded on Wednesday to three scientists for explaining how cells repair mistakes in DNA that occ... More »
DETROIT Toyota Motor Corp is collaborating with two top U.S. universities on artificial intelligence and robotics research aimed at ramping up the Japanese automaker’s efforts to develop self-driving cars. Toyota said on Friday that it would spend $50 million ... More »
CHICAGO A political battle over the use of fetal tissue in medical research has been reinvigorated by the release of undercover videos targeting Planned Parenthood officials. But the controversy comes just as interest in the use of fetal tissue is dwindling, s... More »