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India's Sun Pharma aims to launch its obesity drug in five years, managing director says
By Rishika SadamMUMBAI, March 1 (Reuters) - India's largest drugmaker by revenue Sun Pharmaceutical SUN.NS is aiming to launch its experimental anti-obesity and type 2 diabetes drug in the next four to five years, Managing Director Dilip Shanghvi said on Friday.The company is among many Indian d...Reuters
Fri, Feb 28
Commodities
Trump's firings at US weather agency will put lives at risk, scientists say
Agency provides crucial information on weather emergenciesScientists working on data for forecasts among those firedNOAA's work spans climate modeling, radar system maintenanceAgency's data used by countries that can't afford monitoringBy Valerie Volcovici, Rich McKay and Leah DouglasWAS...Reuters
Fri, Feb 28
Commodities
US oil and gas production hit record high in December, says EIA
Adds details throughoutBy Scott DiSavino and Shariq KhanFeb 28 (Reuters) - U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy Information Administration said in its Petroleum Supply Monthly report on Friday.Crude oil output hit 13...Reuters
Fri, Feb 28
Stocks
BUZZ-Corebridge Financial rises after Morgan Stanley upgrades to 'overweight'
** Shares of life insurer Corebridge Financial CRBG.N rise as much as 3.9%; last up 2.9% at $34.29** Morgan Stanley upgrades CRBG to "overweight" from "equal-weight"; raises PT to $43 from $35, a 29% upside to stock's last close** Brokerage says management's business shift to...Reuters
Fri, Feb 28
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-BridgeBio Pharma, NetApp, Talen Energy
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures rose slightly on Friday after a volatile week, as investors looked ahead to crucial inflation data that is expected t...Reuters
Fri, Feb 28
Other
IMF, Ukraine reach staff agreement on next disbursement of $400 mln
Adds details in paragraphs 3-6WASHINGTON, Feb 28 (Reuters) - Officials from the International Monetary Fund and the Ukrainian government reached a staff-level agreement on the seventh review of Ukraine's $15.5 billion Extended Fund Facility (EFF) program, the fund said in a statement on Friday.T...Reuters
Fri, Feb 28
Other
CORRECTED-EXCLUSIVE-Trump's top prosecutor in Washington demotes senior leaders, sources say
Corrects paragraph 4 to say the reassignments are "not temporary"Ed Martin demotes senior leaders to entry-level positionsDemotions include prosecutors of Oath Keepers and Peter NavarroSource says office is in "chaos"By Sarah N. Lynch and Andrew Goudsward WASHINGTON, Feb 28 (Reute...Reuters
Fri, Feb 28
Other
Amazon's Wondery podcast unit trims jobs
By Greg Bensinger Feb 28 (Reuters) - Amazon AMZN.O cut "a small number" of jobs at its Wondery podcast unit, known for "Dr. Death" and "Business Wars," the company said in a statement to Reuters on Friday.Amazon purchased the company in 2020 for a reported $300 million and...Reuters
Fri, Feb 28
Other
Hackman and wife lay dead for days, possibly weeks, says sheriff
By Andrew HayFeb 28 (Reuters) - Actor Gene Hackman and his wife, Betsy Arakawa, had died several days and possibly two weeks before their bodies were discovered on Wednesday inside their home in Santa Fe, New Mexico, the county sheriff said on Friday.The 95-year-old Oscar-winning actor and Arakawa, ...Reuters
Fri, Feb 28
Other
Erdogan says new phase started in efforts for 'terror-free' Turkey after Ocalan call
Jailed PKK leader has urged his party to disarm, disbandErdogan says the call starts new phase in TurkeyTurkey says all Kurdish militants in Iraq, Syria must heed callRecasts with Erdogan comment throughout, adds pro-Kurdish party reaction in paragraph 11 ANKARA, Feb 28 (Reuters) - Turkey's P...Reuters
Fri, Feb 28
Other
Accused Mexican cartel boss Caro Quintero pleads not guilty to US drug charges
NEW YORK, Feb 28 (Reuters) - Rafael Caro Quintero, an alleged cartel boss who spent decades in prison in Mexico for the murder of a U.S. drug enforcement agent, pleaded not guilty in a U.S. court on Friday to drug trafficking charges that could result in his execution. Mexican authorities handed...Reuters
Fri, Feb 28
Other
Top Mexican prosecutor defends transfer of accused drug lords as legal
MEXICO CITY, Feb 28 (Reuters) - Mexican Attorney General Alejandro Gertz defended on Friday the legality of the government's handover of 29 suspected cartel leaders to the United States a day earlier, arguing that national security laws allowed it.Gertz, speaking at a news conference alongside o...Reuters
Fri, Feb 28
Other
Sony's ‘Madame Web’ snags worst picture Razzie Award
By Danielle BroadwayLOS ANGELES, Feb 28 (Reuters) - “Madame Web,” an American superhero film featuring the Marvel Comics character of the same name, nabbed the most wins at the 45th Razzie Awards on Friday, including worst picture, actress and screenplay.The Razzie Awards are the annual Oscar spoof ...Reuters
Fri, Feb 28
Other
FAA OKs SpaceX Starship Flight 8 launch after Flight 7 mishap
Adds background, company, FAA comment, timing of launch in paragraphs 4-9By David Shepardson WASHINGTON, Feb 28 (Reuters) - The Federal Aviation Administration said on Friday it cleared the SpaceX Starship vehicle to return to flight operations while an investigation into the January 16 Starship ...Reuters
Fri, Feb 28
Other
BRIEF-FDA Says Biosense Webster Updates Use Instructions For Varipulse Due To High Rate Of Stroke Or Transient Ischemic Attack
Feb 28 (Reuters) - FDA:FDA: BIOSENSE WEBSTER UPDATES USE INSTRUCTIONS FOR VARIPULSE DUE TO HIGH RATE OF STROKE OR TRANSIENT ISCHEMIC ATTACK; 4 SERIOUS INJURIES REPORTEDFurther company coverage: JNJ.NReuters
Fri, Feb 28
Other
BRIEF-Amazon Planning On Expanding Haul To Countries In Europe Starting This Year - The Information
Feb 28 (Reuters) - AMAZON PLANNING ON EXPANDING HAUL TO COUNTRIES IN EUROPE STARTING THIS YEAR - THE INFORMATIONSource text: https://bit.ly/3EYHIwlFurther company coverage: AMZN.OReuters
Fri, Feb 28
Indices
US Dollar steadies after in-line PCE data
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of six major currencies, remains firm above 107.00 on Friday after January’s Personal Consumption Expenditures (PCE) inflation data came in line with forecasts, easing concerns over unexpected inflation spikes.Fxstreet
Fri, Feb 28
Stocks
BUZZ-Shares of breadmaker Bimbo rise after fourth-quarter results
** Shares of Mexican breadmaker Grupo Bimbo BIMBOA.MX gained about 4% after the company reported its fourth-quarter results** Bimbo posted a net profit of 3.1 billion pesos ($151 million) from revenues of 110 billion pesos late on Thursday** The company's revenue was in line with estimates, acco...Reuters
Fri, Feb 28
