US equity funds experience eighth straight week of outflows
(Reuters) – U.S. equity funds saw an eighth straight week of net outflows in the seven days to May 17…
CureVac files expanded patent lawsuit against Pfizer/BioNTech over mRNA technology
(Reuters) – CureVac NV said on Friday it had filed an expanded patent infringement claim against Pfizer Inc (NYSE:PFE) and BioNTech over…
Wall Street set to open higher on hopes of debt ceiling deal
(Reuters) – Wall Street’s main indexes were on track to open higher on Friday on optimism that a deal to…
Catalent cuts annual revenue forecast hurt by operational challenges
(Reuters) – Catalent (NYSE:CTLT) Inc cut its full-year net revenue forecast on Friday, reflecting operational challenges and higher-than-expected costs after…
Nio goes nuclear, invests in fusion technology startup
Chinese electric vehicle maker Nio Inc (NYSE:NIO) has made an investment in Neo Fusion, a company that is developing fusion…
Oil rebounds on fading risk of U.S. debt default
(Reuters) – Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously…
Japan’s Hitachi Astemo flags lapses in quality tests over decades
(Reuters) – Japanese automotive supplier Hitachi (OTC:HTHIY) Astemo said on Friday it found misconduct over testing and other procedures for…
Factbox: Companies sell their businesses in Russia
(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as…
Tesla ‘serious’ on establishing India production, innovation base, minister says
(Reuters) – Tesla (NASDAQ:TSLA) Inc is “serious” about its plans to establish a manufacturing base in India, the country’s deputy…
Samsung to keep Google as default search engine, no longer mulls switch to Bing
Samsung (OTC:SSNLF) is no longer considering a switch of the default search engine on its devices, and will stick with…