By Sourasis Bose (Reuters) -Newmont missed second-quarter profit estimates on lower production and higher costs, sending shares of the world’s…
TSMC flags 10% fall in 2023 sales as weak global outlook weighs
By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Taiwanese chipmaker TSMC forecast a drop of around 10% in 2023 sales…
US regulators unveil antitrust roadmap with Big Tech in crosshairs
By Diane Bartz and Anirban Sen WASHINGTON (Reuters) -U.S. antitrust regulators published guidelines on Wednesday on the kinds of mergers…
Tesla to hand over Musk’s emails to JPMorgan in lawsuit over 2018 tweet
By Luc Cohen NEW YORK (Reuters) – JPMorgan Chase will get to review some of Elon Musk’s emails as it…
US bank shares jump on interest income and deals optimism, but outlook mixed
(Reuters) – Big U.S. banks on Tuesday said higher interest rates had helped boost profits in the second quarter, causing…
Bank results lift stocks; Dow up for seventh straight session
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks advanced on Tuesday, partly boosted by a round of solid bank…
Global shares rise, dollar rebounds as Fed seen on target for rate hike
By Herbert Lash NEW YORK (Reuters) – The dollar rebounded off a 15-month low and global stock markets rose on…
Microsoft to charge more for AI in office, secure Bing from leaks
By Jeffrey Dastin (Reuters) – Microsoft on Tuesday said it would charge at least 53% more to access new artificial…
Pfizer, Flagship Pioneering to invest $100 million in drug discovery
(Reuters) -U.S. drugmaker Pfizer and venture firm Flagship Pioneering on Tuesday said they would invest $100 million together to develop…
Novartis raises 2023 forecast, maps out Sandoz spin-off
By Ludwig Burger FRANKFURT (Reuters) -Novartis on Tuesday raised its full-year earnings forecast for the second time on strong drug…