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US appeals court rejects Trump bid to implement mail-in voting restrictions
2+ day, 12+ hour ago (467+ words) BOSTON, Sept 10 (Reuters) – A U.S. appeals court on Thursday declined to allow President Donald Trump’s administration to implement a new U.S. Postal Service rule that would tighten mail-in voting requirements before November’s congressional election, as the U.S. Supreme Court…...
German August inflation confirmed at 2.9%
2+ day, 20+ hour ago (60+ words) 1027wbow.com German August inflation confirmed at 2.9% BERLIN, Sept 10 (Reuters) – German inflation accelerated to 2.9% in August, the federal statistics office said on Thursday, confirming preliminary data. Germany’s consumer prices, harmonised to compare with other European Union countries, stood at 2.8% year on…...
Wall Street futures fall as oil, Treasury yields rise on Iran tensions
1+ week, 3+ day ago (434+ words) By Niket Nishant and Tharuniyaa Lakshmi Sept 2 (Reuters) – Wall Street futures slipped on Wednesday, as bond yields and oil prices marched higher following U.S.-Iran clashes in the Middle East, offering little incentive to buy equities during what has typically…...
US private payroll growth slows in August as manufacturing sheds jobs
1+ week, 3+ day ago (375+ words) WASHINGTON, Sept 2 (Reuters) – U.S. private payrolls increased less than expected in August as strength in the education and health services sector was offset by job losses in manufacturing and a few other industries. Private employment rose by 38,000 jobs last month…...
Novartis MS pill beats older drug in trials, boosts pipeline hopes
1+ week, 4+ day ago (461+ words) LONDON, Sept 1 (Reuters) – Swiss drugmaker Novartis said on Tuesday its oral drug remibrutinib outperformed an older treatment in reducing relapses in patients with a form of multiple sclerosis, boosting hopes the medicine could become a blockbuster product. The trial results…...
AstraZeneca-Hutchmed drug combination shows promise in advanced lung cancer study
1+ week, 4+ day ago (207+ words) Sept 1 (Reuters) – AstraZeneca and China’s Hutchmed said on Tuesday that a late-stage trial of a combination of their cancer drugs Tagrisso and Orpathys significantly improved progression-free survival when given early for a type of lung cancer. Cancer therapies make up…...
Ares raises $4 billion for Japan logistics fund in unit’s largest fundraise
1+ week, 4+ day ago (334+ words) HONG KONG, Sept 1 (Reuters) – Ares Management, a U.S.-based investment firm, said on Tuesday its real estate arm has raised 612 billion yen ($4 billion) for its fifth Japan logistics development fund, marking the unit’s largest closed-end institutional fundraise to date. The fund,…...
Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO price
1+ week, 4+ day ago (270+ words) BEIJING, Aug 31 (Reuters) – Shanghai Enflame Technology Co, a Chinese AI chipmaker backed by Tencent, said on Monday it expects to raise 6.1 billion yuan ($907.78 million) in its Shanghai initial public offering after setting its IPO price at 142.18 yuan a share. Enflame is…...
Italy’s population to shrink by 4 million by 2050, stats agency says
1+ week, 4+ day ago (292+ words) ROME, Aug 31 (Reuters) – Italy’s population will shrink by almost 4 million by 2050, undermining the sustainability of its economy and welfare system as the proportion of elderly people increases, national statistics bureau ISTAT warned on Monday. In new demographic projections extending to…...
Fast-fashion retailer Shein shares fall more than 10% in pre-debut trading
1+ week, 5+ day ago (221+ words) HONG KONG, Aug 31 (Reuters) – Shares of online fast-fashion retailer Shein slumped more than 10% in gray-market trading on Monday, one day ahead of its Hong Kong Stock Exchange debut. The company raised $1.7 billion at HK$48.56 a share, valuing it at about…...