The South Korea stock market has moved lower in two straight sessions, sinking more than 40 points or 1.4 percent along the way. The KOSPI now rests just beneath the 2,765-point plateau and it may spin its wheels again on Tuesday. The global forecast for the Asian markets is mixed, with continued profit taking among...
On April 20, Bitcoin successfully completed its fourth halving, marking another significant turning point in the global cryptocurrency market. This halving event garnered widespread attention and had a direct impact on the market. As of now, the price of Bitcoin stands at $63,914 per coin, showing a slight increase from pre-halving levels. This trend once again...
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -Major airline chiefs plan to hold discussions with Boeing (NYSE:BA) board chair Larry Kellner in meetings that will not include CEO David Calhoun after raising concerns over an Alaska Airlines mid-air emergency and ongoing production issues, sources said. A group of U.S. airline CEOs sought meetings...
Despite a fairly steady dollar and rising bond yields, gold prices moved higher on Thursday, extending gains from previous session, thanks to data showing a bigger than expected drop in U.S. jobless claims in the week ended August 3rd. The yellow metal attracted investors amid persisting concerns about geopolitical tensions, and continued uncertainty about the...
Australia will on Wednesday see February results for the leading economic index from the Melbourne Institute, highlighting a light day for Asia-Pacific economic activity. In January, the index slipped 0.1 percent on month. New Zealand will see March results for the business confidence index from ANZ Bank and the business activity index from NBNZ; in...
By Raphael Satter WASHINGTON (Reuters) - A post on a hacker forum popular with cybercriminals has claimed UnitedHealth Group (NYSE:UNH) paid $22 million in a bid to recover access to data and systems encrypted by the \"Blackcat\" ransomware gang, according to two researchers. Neither UnitedHealth nor the hackers involved have commented on the alleged ransom...
Crypto is now a store of value and a financial speculation instrument, but there is no “kick-ass mainstream use case that we want.” The next evolution of AI could become that use case, said Goertzel. Hence, the team is looking into ways to launch the next AI evolution on the ASI infrastructure. Certain useful elements...
Janssen-Cilag International NV, a Johnson & Johnson company (JNJ), announced Wednesday the submission of a Type II variation application to the European Medicines Agency (EMA). The submission is seeking approval for an indication extension of DARZALEX (daratumumab) subcutaneous (SC) formulation in combination with bortezomib, lenalidomide, and dexamethasone (D-VRd) for the treatment of adult patients with...
COPENHAGEN - The U.S. Food and Drug Administration (FDA) has granted Priority Review for epcoritamab, a potential new treatment for patients with relapsed or refractory follicular lymphoma, announced Genmab A/S (NASDAQ: NASDAQ:GMAB) and AbbVie (NYSE: NYSE:ABBV). This designation could significantly expedite the therapy\'s approval process, with a target action date set for June 28, 2024....
While reporting financial results for the second quarter on Wednesday, Griffon Corp. (GFF) raised its revenue expectation for the full-year 2024 to $2.65 billion from the prior guidance of $2.6 billion. On average, five analysts polled by Thomson Reuters expect the company to report revenues of $2.63 billion for the year. Separately, the Board of...