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REFILE-Luxury sector faces more gloom as Bain cuts sales forecast
By Mimosa Spencer, Elisa Anzolin MILAN/PARIS, May 14 (Reuters) - Sales of luxury goods worldwide are likely to fall between 2% and 5% this year, consultancy Bain & Co forecast on Wednesday, sharply downgrading its previous estimate for 0-4% growth and signalling further gloom for the sector a...Reuters
Wed, May 14
Commodities
INSIGHT-Rogue communication devices found in Chinese solar power inverters
Rogue communication devices found in Chinese solar invertersUndocumented cellular radios also found in Chinese batteries U.S. says continually assesses risk with emerging technologyU.S. working to integrate 'trusted equipment' into the gridBy Sarah McFarlane LONDON, May 14 (Reuters) - U.S...Reuters
Wed, May 14
Other
Alnylam drops Covid vaccine patent case against Pfizer, BioNTech for now
By Blake Brittain May 14 (Reuters) - Biotech company Alnylam Pharmaceuticals ALNY.O conceded defeat for now in a lawsuit against Pfizer PFE.N and BioNTech 22UAy.DE over technology in their COVID-19 vaccine, asking a Delaware federal court on Tuesday to enter a judgment that they did not infringe ...Reuters
Wed, May 14
Other
EXCLUSIVE-Legal startup Harvey AI in talks to raise funding at $5 billion valuation
Harvey AI's valuation jumps from $3 billion to $5 billion in monthsHarvey's ARR reached $75 million in April, up 50% from earlier this yearAI adoption fuels venture capital interest in legal tech sectorBy Anna Tong and Krystal HuMay 14 - Harvey AI, a fast-growing legal startup, is in advance...Reuters
Wed, May 14
Stocks
Why Arm Holdings Stock Was Moving Higher Today
Shares of Arm Holdings (NASDAQ: ARM) are moving higher today for two primary reasons. First, there was an upward trend in semiconductor stocks as several companies announced AI deals in the Middle East, assuaging concerns that "AI diffusion" rules won't be as strict as some had feared. Additionally,...The Motley Fool
Wed, May 14
Forex
EXPLAINER-Syria's economy: The devastating impact of war and sanctions
By Karin Strohecker, Libby George and Marc Jones LONDON, May 14 (Reuters) - U.S. President Donald Trump has said he will lift long-standing sanctions on Syria that severed the country from the global financial system under toppled former President Bashar al-Assad. The European Union and Britain ...Reuters
Wed, May 14
Other
Pentagon hotline to Washington DC airport controllers inoperable since 2022
By David Shepardson WASHINGTON, May 14 (Reuters) - A hotline connecting the Pentagon and Federal Aviation Administration air traffic controllers at Reagan Washington National Airport has been inoperable since March 2022, an FAA official told a Senate committee on Wednesday.The U.S. Army said on M...Reuters
Wed, May 14
Other
Matan a tiros a influencer mexicana durante transmisión en vivo en TikTok
CIUDAD DE MÉXICO, May 14 (Reuters) - Una joven influencer mexicana, conocida por sus videos sobre consejos de belleza y maquillaje, murió al ser blanco de varios disparos durante una transmisión en vivo a través de TikTok.La muerte de Valeria Márquez, de 23 años, se investiga bajo los protocolos de ...Reuters
Wed, May 14
Other
Telefonica says it is satisfied with VMO2 tie-up, with 'no deal on the table'
MADRID, May 14 (Reuters) - Spanish telecoms company Telefonica's TEF.MC Chief Executive Emilio Gayo said on Wednesday that his company was satisfied with its Liberty Global LBTYA.O tie-up to run Britain's Virgin Media O2 and is not seeking to take control."We’re very happy with the curre...Reuters
Wed, May 14
Other
Sanofi to invest at least $20 billion in the US through 2030
May 14 (Reuters) - French drugmaker Sanofi SASY.PA said on Wednesday it plans to invest at least $20 billion in the United States through 2030, which includes an increase in research and development spending and the allocation of billions of dollars to US manufacturing.The announcement makes Sanofi ...Reuters
Wed, May 14
Stocks
Why Oklo Stock Is Skyrocketing Today
Shares of Oklo (NYSE: OKLO) are skyrocketing on Wednesday. The nuclear power start-up's stock surged 16% as of 12:17 p.m. ET today and gained as much as 22.9% earlier in the day. The impressive jump comes as the S&P 500 and Nasdaq Composite gained 0.1% and 0.6%, respectively.The company, which is de...The Motley Fool
Wed, May 14
Stocks
LIVE MARKETS-Hard data resilience points to strong stock returns
Nasdaq up ~0.8%, S&P 500 modestly green, Dow edges lowerComm Svcs leads S&P 500 sector gainers; Healthcare weakest groupDollar, crude dip; bitcoin off ~1%; gold down ~2%US 10-Year Treasury yield edges up to ~4.52%Welcome to the home for real-time coverage of markets brought to you by Reuters...Reuters
Wed, May 14
Other
Perplexity, PayPal partner to provide easy payment checkouts to users
May 14 (Reuters) - Perplexity AI said on Wednesday it had partnered with payments firm PayPal PYPL.O to enable direct purchases within its chat interface.The deal will strengthen Perplexity's agentic commerce offering, a rapidly growing trend where AI agents not only help consumers with shopping...Reuters
Wed, May 14
Other
Google says hackers that targeted UK retail sector are now targeting US retailers
WASHINGTON, May 14 (Reuters) - Alphabet's Google GOOGL.O says that the hackers who have targeted the UK retail sector are now turning their attention to American retailers.In an email sent Wednesday, Google's cybersecurity arm said that the hackers "are aggressive, creative, and particul...Reuters
Wed, May 14
Other
Sanofi To Invest At Least $20 Billion In The Us Through 2030
May 14 (Reuters) - Sanofi SASY.PA:SANOFI TO INVEST AT LEAST $20 BILLION IN THE US THROUGH 2030, GROWING INVESTMENTS IN SCIENCE AND EXPANDING DOMESTIC MANUFACTURINGSANOFI: OF TOTAL INVESTMENT, WILL SUBSTANTIALLY INCREASE SPENDING IN US ON RESEARCH AND DEVELOPMENT TO ACCELERATE ITS SCIENCESANOFI SA - ...Reuters
Wed, May 14
Stocks
Verrica Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Verrica Pharmaceuticals Inc VRCA.OQ reported a quarterly adjusted loss of 10 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -44 cents. The mean expectation of six analysts for the quarter was for a loss of 10 cents per shar...Reuters
Wed, May 14
Other
Americans worry about Trump's handling of measles outbreak, Reuters/Ipsos poll finds
Poll shows skepticism about Trump administration's handling of measles outbreakMMR vaccine seen as safe by 86% of AmericansVaccination rates drop, fueling outbreak concernsBy Jason Lange and Julie Steenhuysen WASHINGTON, May 14 (Reuters) - Americans worry about the Trump administration's ...Reuters
Wed, May 14
