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CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0% lower at C$1.3695 to the greenback, or 73.02 U.S. cents, after trading in a range of 1.3685 to 1.371.Canadian government 10-year bond yields CA10YT=RR r...Reuters
an hour ago
Dutch online bank Bunq applies for banking license in Mexico
By Noe TorresMEXICO CITY, May 13 (Reuters) - Dutch online bank Bunq has applied for a banking license in Mexico to serve residents with limited access to financial services, the company said on Wednesday.• The application filed with the National Banking and Securities Commission (CNBV) would allow B...Reuters
an hour ago
UK PM has full confidence in health minister Streeting, Downing Street says
LONDON, May 13 (Reuters) - British Prime Minister Keir Starmer has full confidence in his health minister Wes Streeting, Starmer's spokesperson said on Wednesday, after reports that Streeting was planning to resign and force a leadership contest.Asked if Streeting told Starmer he would resign at...Reuters
an hour ago
DIARY-Political and General News Events from May 13
May 13 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------------------------------------------------...Reuters
an hour ago
JPMorgan executive open to talks with France's far-right National Rally
JPMorgan's Wiltz open to dialogue with all French political parties, including National RallyFrench corporate leaders remain cautious about National Rally's economic agenda despite recent outreachJPMorgan maintains strong Paris presence post-Brexit, sees France as appealing for businessBy Ma...Reuters
an hour ago
Intelligent Bio Solutions Q3 revenue rises 46%, gross margin tops 50%
OverviewU.S. medical technology firm's fiscal Q3 revenue rose 46% yr/yr, driven by cartridge salesGross profit margin improved to 50.5% from 46.8% a year agoCompany reported Q3 net loss per share of $1.80OutlookCompany says it is progressing toward entry into the U.S. drug screening marketIntell...Reuters
2 hours ago
Argentina's Corporación América Airports Q1 revenue beats estimates on passenger traffic growth
OverviewArgentina-based airport operator's Q1 revenue beats analyst expectationsAdjusted EBITDA for Q1 beat analyst expectationsEPS for Q1 missed analyst expectationsOutlookCompany sees solid demand continuing into the second qtr, particularly in international marketsCompany will continue to mon...Reuters
2 hours ago
Fate Therapeutics Q1 operating loss narrows, cash runway extended into 2028
OverviewBiopharmaceutical firm's Q1 collaboration revenue declined yr/yrQ1 operating expenses fell 20% from prior year, extending cash runway into 2028Company advanced clinical pipeline, including new regulatory milestones and upcoming Phase 2 trialOutlookCompany expects to initiate Phase 2 RECL...Reuters
2 hours ago
Vor Biopharma Q1 net loss widens
OverviewU.S. biotech firm's Q1 net loss widenedR&D expenses fell yr/yr, mainly due to reduced spend on previous programs and lower headcountCompany ended Q1 with $491.5 mln in cash, expected to fund operations into early 2029OutlookCompany's cash and investments expected to fund operatio...Reuters
2 hours ago
Pharmala Biotech Executes Definitive Agreement To Form Special Purpose Vehicle, Restora Neurosciences, For Clinical Development Of Patented Novel Mdxx Molecule Apa-01
May 13 (Reuters) - Pharmala Biotech Holdings Inc MDMA.CD:PHARMALA BIOTECH EXECUTES DEFINITIVE AGREEMENT TO FORM SPECIAL PURPOSE VEHICLE, RESTORA NEUROSCIENCES, FOR CLINICAL DEVELOPMENT OF PATENTED NOVEL MDXX MOLECULE APA-01PHARMALA BIOTECH HOLDINGS INC - CO AND ALUVARIS TO EACH HOLD 50% OF RESTORA N...Reuters
2 hours ago
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