Dow futures flat; payrolls release prompts caution

U.S. stock futures traded largely unchanged Friday, as investors await the release of the widely-watched monthly jobs report as it…

Crypto exchange Binance hit by executive exodus

(Reuters) – A string of executives have quit Binance, according to their tweets and media reports, the latest blow for…

Alibaba shares rise on report China to fine Ant Group, concluding probe

U.S.-listed shares in Alibaba (NYSE:BABA) rose in premarket trading on Friday, boosted by a Reuters report that the Chinese government…

Biotech firms target weight-loss drugs without Wegovy’s side-effects

(Reuters) – Weight-loss drug Wegovy helped Rebecca Vogt achieve a major goal – shedding the weight she had not managed…

Analysis-Peru copper miners say red tape snarling red metal production ramp-up

(Reuters) – Copper miners in Peru, already battling political uncertainty and regular protests, say they have another hurdle to revving…

US FDA grants standard approval of Eisai/Biogen Alzheimer’s drug

(Reuters) -Eisai and Biogen (NASDAQ:BIIB)’s Leqembi won a coveted standard approval nod from the U.S. Food and Drug Administration on…

Tesla starts to lay off some workers at China factory – Bloomberg News

(Reuters) – Electric car maker Tesla (NASDAQ:TSLA) Inc is laying off some battery production workers at its Shanghai plant, Bloomberg…

Twitter threatens to sue Meta over Threads platform

(Reuters) – Twitter has threatened to sue Meta Platforms over its new Threads platform in a letter sent to the…

China’s Alibaba unveils AI image generator to take on Midjourney and DALL-E

(Reuters) – Alibaba (NYSE:BABA) Group Holdings Ltd announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise…

Continental to phase out activities at Gifhorn plant by end of 2027

(Reuters) – Continental (ETR:CONG) said on Friday it plans to phase out business activities at its Gifhorn plant by the…