(Reuters) -Eli Lilly and Co will acquire genetic medicine developer Akouos Inc for about $487 million in cash as the…
U.S. factory output solid in September; builder sentiment slumps further
By Dan Burns (Reuters) – Production at U.S. factories rose in September led by output gains in both durable and…
Oracle Cloud adding tens of thousands of Nvidia chips for AI
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Oracle Corp and Nvidia Corp on Tuesday announced they are expanding their…
Stellantis eyeing two more North American battery plants by 2030
DETROIT (Reuters) – Stellantis will need four electric-vehicle battery plants in North America by 2030, the company’s North American chief…
Goldman says ex banker’s $23 million whistleblower claim ‘lamentable’
By Kirstin Ridley LONDON (Reuters) – A former Goldman Sachs banker and self-proclaimed whistleblower is suing his former employer for…
BoC to dial down size of rate rises again but not done yet – Reuters poll
By Indradip Ghosh (Reuters) – The Bank of Canada will raise its overnight rate by 50 basis points on Oct.…
U.S. home builder sentiment falls for 10th straight month – NAHB
(Reuters) – Confidence among U.S. single-family homebuilders fell for the 10th straight month in October as soaring mortgage rates and…
Turbulent markets jolt currency hedge funds from decade-long slumber
By Nell Mackenzie LONDON (Reuters) – Veteran hedge fund manager John Taylor describes one of his favourite Gary Larson cartoons,…
U.S. manufacturing output rises more than expected in September
(Reuters) – Production at U.S. factories rose in September led by output gains in both durable and nondurable goods, indicating…
Factbox-These are the leaders who want to reshape Goldman Sachs
(Reuters) – Goldman Sachs Group Inc unveiled a plan to reorganize its business into three units in another overhaul in…