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Asia stocks ride the AI rush, gold hits another peak
Asian stock markets : https://tmsnrt.rs/2zpUAr4Chip optimism underpins tech stocks, Japan on holidayGold hits a fresh high above $3,750 an ounceDollar, bonds steady before Powell comments, PMIsBy Wayne Cole SYDNEY, Sept 23 (Reuters) - Most Asian share markets built on recent hefty gains on Tuesda...
Tue, Sep 23
JPMorgan to engage with stakeholders on H-1B visa fee, Indian media say
Sept 23 (Reuters) - JPMorgan JPM.N will engage with stakeholders and policymakers after U.S. President Donald Trump unveiled a one-time fee of $100,000 for H-1B visas, the Times of India newspaper said on Tuesday, citing an interview with CEO Jamie Dimon.Some big tech companies warned visa holders t...
Tue, Sep 23
Asia stocks buoyed by AI rush, gold at fresh peaks
SYDNEY, Sept 23 (Reuters) - Asian share markets looked to build on recent hefty gains on Tuesday as optimism around all things AI sucked money into the tech sector, while wagers on several more U.S. interest rate cuts kept gold on a hot streak.
Tue, Sep 23
Japan PM contender Takaichi calls for debt issuance to fund spending if needed
TOKYO, Sept 23 (Reuters) - Japan's Sanae Takaichi, a contender to be the next prime minister, said on Tuesday the government should issue additional government bonds if necessary to fund measures to cushion a blow from rising living costs.
Tue, Sep 23
World leaders rally behind Palestinian statehood at UN, defying US and Israel
Britain, Canada, France among those recognising a stateIsrael, US call it harmful and a publicity stuntIsrael weighing possible West Bank annexation, officials sayBy John Irish and Michelle Nichols UNITED NATIONS, Sept 22 (Reuters) - Dozens of world leaders gathered at the United Nations on Monda...
Tue, Sep 23
Wall St indexes post record closing highs again, with Nvidia, tech shares higher
NEW YORK, Sept 22 (Reuters) - All three major U.S. stock indexes registered record closing highs for a third straight session on Monday, led by gains in technology shares, with Nvidia NVDA.O gaining after it said it will invest up to $100 billion in OpenAI.
Tue, Sep 23
Nvidia adds $100 bln to AI’s load-bearing startup
NEW YORK, Sept 22 (Reuters Breakingviews) - The ouroboros – a dragon eating its own tail, signifying eternal recurrence – is as apt a symbol for the modern mysticism of artificial intelligence as it was for ancient Egypt. Consider Nvidia’s NVDA.O agreement, announced Monday, to invest up to $100...
Tue, Sep 23
Hedge funds pile into banks, insurance, consumer finance, Goldman Sachs says
LONDON, Sept 22 (Reuters) - Hedge funds bought banks, insurance and consumer finance companies last week at the fastest pace in three months, Goldman Sachs said in a research note, amid increased dealmaking expected to boost profits and an expected further loosening of regulations.
Tue, Sep 23
Dollar weakens against euro and Swiss franc as markets digest Fed speeches
NEW YORK, Sept 22 (Reuters) - The U.S. dollar was poised to snap a three-day winning streak against the euro and Swiss franc on Monday, as investors digested a barrage of comments from Federal Reserve officials about its latest monetary policy stance.
Tue, Sep 23
Amazon sues to block New York state labor law
NEW YORK, Sept 22 (Reuters) - Amazon.com AMZN.O sued the New York State Public Employment Relations Board on Monday to block it from enforcing a new law that the online retailer considers an attempt to illegally regulate private sector labor relations.
Tue, Sep 23
Oil dips as Iraq exports rise amid demand concerns
HOUSTON, Sept 22 (Reuters) - Oil prices settled marginally lower on Monday as concerns of an oversupply outweighed geopolitical tensions in Russia and the Middle East.
Tue, Sep 23
Brazil's central bank to auction up to $2 billion with repurchase deal
SAO PAULO, Sept 22 (Reuters) - Brazil's central bank said on Monday it will offer up to $2 billion in a dollar auctions with repurchase agreement, aiming to roll over contracts maturing on Oct. 2.The auction will be held on Wednesday at 10:30 a.m. local time, the bank said in a statement.
Tue, Sep 23
Kenvue rises after hitting record low; Trump links autism with Tylenol
Shares of Tylenol maker Kenvue KVUE.N up 5.5% at $17.90 in extended trading after falling 7.5% to a record low of $16.89 earlier in the day
Tue, Sep 23
Google seeks to avoid ad tech breakup as antitrust trial begins
ALEXANDRIA, Virginia, Sept 22 (Reuters) - Alphabet's Google is seeking to avoid a forced sale of part of its online advertising business in its latest face-off with U.S. antitrust enforcers that began on Monday in Alexandria, Virginia.
Tue, Sep 23
Roche, muscling into weight-loss drug race, advances obesity treatment to late-stage trial
Roche moves drug acquired from biotech Carmot into Phase 3 trialCompany targets obesity market led by Eli Lilly, Novo NordiskHas six experimental drugs for obesity, related conditionsPlans obesity drug launches by 2030Shares up around 2.8%By Maggie Fick LONDON, Sept 22 (Reuters) - Swiss drugmaker...
Mon, Sep 22
Oracle names insiders Clay Magouyrk, Mike Sicilia as co-CEOs in surprise move
Safra Catz replaced as CEO after 11-year tenureCatz credited with steering AI strategyCloud execs Clay Magouyrk and Mike Sicilia appointed as co-CEOsNew co-CEOs underscore cloud importance, analysts sayBy Arsheeya Bajwa Sept 22 (Reuters) - Oracle ORCL.N on Monday named insiders Clay Magouyrk and ...
Mon, Sep 22
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Pfizer doubles down on weight-loss treatments with up to $7.3 billion Metsera buyout
By Mariam Sunny and Michael ErmanSept 22 (Reuters) - Pfizer PFE.N said on Monday it would acquire drug developer Metsera MTSR.O in a deal valued at up to $7.3 billion, including future payments, as it seeks to gain a foothold in the fast-growing obesity treatment market.The global obesity drug marke...
Mon, Sep 22
Netflix signs co-marketing deal with AB InBev to promote TV shows and beer
Sept 22 (Reuters) - Netflix NFLX.O and Anheuser-Busch InBev ABI.BR have signed a global co-marketing deal to promote the streaming platform's most-watched titles and the brewer's beers, the companies said on Monday.
Mon, Sep 22
London stocks edge lower as sterling climbs, automakers slip
Sept 22 (Reuters) - London stocks edged lower on Monday, pressured by weakness in automakers and a stronger pound, as investors awaited comments from several Federal Reserve officials later in the day.
Mon, Sep 22
Trump expected to approve TikTok deal via executive order later this week, WSJ reports
Sept 22 (Reuters) - U.S. President Donald Trump is expected to approve a deal for TikTok through an executive order, declaring that it satisfies the requirements of law later this week, the Wall Street Journal reported on Monday, citing a senior White House official.
Mon, Sep 22
