Biotech stocks pin bounce back hopes on M&A boost
By Amruta Khandekar and Leroy Leo (Reuters) – Plunging valuations have made biotech companies tempting acquisition targets for c..
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Automakers scramble to decode new U.S. EV tax credits
By David Shepardson and Joseph White WASHINGTON (Reuters) – U.S. automakers and dealers are scrambling to figure out if they can..
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U.S. inflation outlook brightens as import prices fall, consumer sentiment rises
(Reuters) – U.S. import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and non..
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Mercedes Benz becomes first partner of CATL’s new Hungary battery plant
BERLIN (Reuters) -Mercedes-Benz is the first carmaker to receive cells from a new 7.34 billion euro ($7.56 billion) battery factory Ch..
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Britain considers energy bill subsidy for industrial firms
LONDON (Reuters) -Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in a..
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German regulator calls on Allianz to improve controls – source
FRANKFURT (Reuters) – Germany’s financial watchdog BaFin has called on Allianz to improve its internal controls following ..
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Risk of new wildfires in southwestern France as heatwave persists
By Stephane Mahe and Manuel Ausloos SAINT-MAGNE, France (Reuters) – High temperatures and a worsening drought brought a high ris..
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FTSE 100 climbs on smaller-than-expected GDP contraction, GSK rebound
By Sruthi Shankar (Reuters) – London’s FTSE 100 rose on Friday after data showed Britain’s economy contracted less t..
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Flutter’s full-year earnings turnaround forecast sends shares higher
DUBLIN (Reuters) -Flutter posted a 20% fall in first-half earnings but saw no sign of cash-strapped customers betting less and expects..
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Stocks lose ground, Treasury yields climb after inflation data
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and Nasdaq finished in the red while Treasury yields rose as investors dige..
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