Oil settles up, notches weekly gain on tight supply, Middle East conflict
By Laura Sanicola (Reuters) -Oil prices settled higher on Friday, up about 6% on a week-on-week basis, as worries about…
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Exclusive-Renault, Geely expect to finalise engines tie-up this month – sources
By Gilles Guillaume PARIS (Reuters) -French carmaker Renault and Chinese rival Geely expect to finalise a joint venture for their…
Moderna, Bayer-backed Metagenomi stock drops 32% on Nasdaq debut
(Reuters) – Shares of Metagenomi Technologies, a genetic medicines company backed by Bayer Healthcare and Moderna, slumped 32% in their…
Pinterest’s weak forecast signals intense competition for ad dollars
By Jaspreet Singh (Reuters) – Pinterest forecast first-quarter revenue largely below Wall Street estimates on Thursday, a sign that it…
Exclusive-Trump’s media deal partner nears $50 million financing -sources
By Anirban Sen (Reuters) – Digital World Acquisition Corp, the blank-check acquisition company that has agreed to take former U.S.…
NYCB gets third credit downgrade as CRE exposure worries spill to Europe
By Manya Saini and Niket Nishant (Reuters) -Embattled New York Community Bancorp faced its third credit-rating cut on Thursday while…
S&P 500 closes at record as yields rise, dollar retreats
By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) -Global equities climbed to a more than two-year peak and the…
Fed policymakers signal no rush to cut US interest rates
By Lindsay Dunsmuir and Michael S. Derby (Reuters) – U.S. central bankers want to hold off on cutting interest rates…
Oil climbs on US fuel stocks draw, geopolitical tensions
By Georgina McCartney HOUSTON (Reuters) -Oil prices rose for a third consecutive day on Wednesday, boosted by a larger-than-expected fall…
Novartis to acquire cancer-focused MorphoSys for $2.9 billion
(Reuters) -Drugmaker Novartis AG said it will acquire MorphoSys AG, a developer of cancer treatments, for 2.7 billion euros ($2.9…