By Sabrina ValleAbivax SA EURONEXT:ABVX raised $800 million in an expanded share sale on Wednesday after strong investor demand, valuing the French biotechnology company at nearly $11 billion and easing pressure to pursue a near-term sale.Abivax, which is developing treatments for chronic inflammat…
Wedbush Securities said on Wednesday Dan Ives, its managing director and global head of technology research, has left the brokerage firm to start his own investment banking venture.Ives, who spent eight years at Wedbush, said he would announce the new venture in mid-July."I will be launching a new…
The U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcement possible as soon as next week, the Financial Times reported on Wednesday, citing sources.Reuters could not immediately verify the report.
The number of confirmed Ebola cases in the Democratic Republic of Congo has increased to 1,406 including 438 deaths, government data showed on Wednesday.The cases were recorded in the eastern provinces of Ituri, North Kivu and South Kivu.
The U.S. Food and Drug Administration approved expanded use of Vertex Pharmaceuticals' NASDAQ:VRTX gene therapy in children as young as two with inherited blood disorders, including sickle cell disease, the first such treatment cleared for this age group.Casgevy, a one-time treatment made from a pa…
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By Julie IngwersenU.S. wheat futures rose on Wednesday, extending a rebound from multi-month lows as market players digested smaller-than-expected acreage estimates for the U.S. and Canada, analysts said.Corn rose on supportive quarterly U.S. stocks data and soybean futures firmed on optimism about…
By Tim McLaughlinPJM, the largest U.S. electric grid operator, on Wednesday detailed price spikes and warnings of massive transmission line congestion as it braced for record-breaking demand driven by a heat wave ahead of July 4 celebrations.Spot wholesale electricity prices Wednesday afternoon sur…
Australian shares were likely to slip on Thursday, with probable losses in mining stocks due to lower iron ore prices, while energy stocks could snap a four-day win streak as oil prices weakened on optimism over U.S.-Iran peace talks.The local share price index futures (YAPcm1) fell 0.3%, a 35.9-po…
By Stefanie Eschenbacher and Curtis WilliamsThe Corpus Christi ship channel in southern Texas was closed on Wednesday after a vehicle entered the waterway, the U.S. Coast Guard said after halting traffic through the key route for American energy shipments.A man accidentally drove into the water bet…
Australia's Northern Star Resources ASX:NST on Thursday appointed Suresh Vadnagra as its next CEO, effective October 5, succeeding Stuart Tonkin.Separately, the gold miner said that Michael Ashforth will replace Michael Chaney AO as Chairman of the Board.
WORLD BANK BOARD OF DIRECTORS TODAY APPROVED $265 MILLION TO SUPPORT IFAHSA PUMPED HYDROPOWER STORAGE PROJECT IN MOROCCO - STATEMENT
The U.S. Treasury has selected two BlackRock NYSE:BLK exchange-traded funds for Trump Accounts and named Vanguard as an alternate fund partner for the government's new child savings program, which is set to launch on July 4.BlackRock's iShares Core S&P 500 ETF (IVV) and iShares Core S&P Total U.S…
Earth Sciences New Zealand declared El Niño conditions in the tropical Pacific on Thursday, warning impacts on the country's weather are expected to intensify through the coming months.The agency said there is an 80% likelihood the event will reach or exceed strong intensity during the July-Septemb…
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By Julia Symmes Cobb and Vivian SequeraThe command center hums with activity as radios crackle to life, medical staff stop in to say hello and supplies are arranged in orderly piles.Though this organization would not be out of place at a military barracks overseen by generals, the deployment is tak…
