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…
Risk/reward for airlines ‘still very attractive’ – Morgan Stanley
Morgan Stanley analysts raised the firm’s price targets for Allegiant Travel Company (NASDAQ:ALGT) to $120 from $115 and Sun Country…
Google delays release of fully custom phone chip until 2025 – The Information
(Reuters) – Alphabet Inc’s Google (NASDAQ:GOOGL) has delayed the release of a fully custom chip for its Pixel smartphones until…