reuters
Celltrion Q2 Operating Profit Rises 77.3% Y/Y To 430 Billion Won
Celltrion Inc KRX:068270:
NEWS reuters
Congo says number of confirmed Ebola cases rises to 1,460
The number of confirmed Ebola cases in the Democratic Republic of Congo has increased to 1,460, including 447 deaths, government data showed on Thursday.Congo's Communications Ministry said 54 new cases were detected on Wednesday in the eastern provinces of Ituri and North Kivu.
reuters
Australia's Suncorp cuts annual gross written premium growth forecast
Australia's Suncorp ASX:SUN on Friday cut its gross written premium growth forecast for 2026, citing a weak economy, soft commercial market in New Zealand and a marginal reduction in demand in Australia.The general insurer now expects gross written premium (GWP) growth of about 2.7% for 2026, lower…
reuters
Lockheed Martin leads race for Advent's Ultra Maritime in $3.5 billion deal, FT reports
Lockheed Martin NYSE:LMT is leading the race to acquire Ultra Maritime, owned by private-equity firm Advent International, in a deal that could value the naval defence business at about $3.5 billion, the Financial Times reported on Thursday, citing people familiar with the matter.Talks are ongoing…
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US considers proposal to cut Colorado River water use, Arizona says
By Andrew HayThe U.S. Bureau of Reclamation is considering adopting much of a proposal by Arizona, California and Nevada to reduce water use on the drought-stricken Colorado River, according to Arizona's chief negotiator, a step that could spare the states steeper federal cuts.With a 20-year-old pl…
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Largest US power grid PJM urges emergency output and public appeals to conserve energy
PJM, the largest U.S. power grid, on Thursday said it told dispatchers in key zones to start offline generation immediately and to consider making appeals to the public to conserve electricity.
reuters
Moody's expects Fujimori's government in Peru to boost investor confidence
Ratings agency Moody's expects Peru's President-elect Keiko Fujimori to bolster investor confidence and preserve policy continuity, helping the Andean nation sustain growth despite political polarization and fiscal challenges.
Australia shares poised to open higher, NZ edges lower
Australian shares were likely to open higher on Friday, with a probable boost from mining stocks due to higher iron ore and gold prices, while energy stocks were poised to rise on stronger oil prices.The local share price index futures (YAPcm1) rose 0.6%, a 37.5-point premium to the underlying S&P…
Cattle futures dip lower, USDA reports unexpected export sales spike
Live cattle futures on the Chicago Mercantile Exchange closed lower on Thursday ahead of the U.S. Independence Day holiday due to lower boxed beef values and a weakening cash trade, according to analysts.Markets will be closed on Friday in observance of the holiday.CME's benchmark August live cattl…
reuters
Trump Jr.'s 'Amazon of guns' could make millions under new proposed firearm rule
By Dan Rosenzweig-ZiffDonald Trump Jr. helped take an online retailer known as the “Amazon of guns” public last year. Now, GrabAGun, where the U.S. president's son is a shareholder and board member, could reap a windfall from a proposed rule change at Trump's Bureau of Alcohol, Tobacco, Firearms an…
reuters
Tesla driver charged with manslaughter over crash into Texas home
A Texas man has been charged with manslaughter after driving a Tesla NASDAQ:TSLA operating with its automated driving assistance system into a suburban Houston home, killing a 76-year-old grandmother, court papers show.Michael David Butler, 44, told police he was operating his Model 3 in Full Self…
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Soy barge bids dip, USDA reports weak US export sales
Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals eased on Thursday, as new data from the federal government showed that U.S. export sales dropped to a marketing-year low last week.For displays of CIF basis, click on the codes in brackets:U.S. CIF Gulf soybeans (GRYM)U.S. C…
reuters
Blackstone's QTS terminates Digital Gateway data center project in Virginia
Blackstone's NYSE:BX QTS said on Thursday it had terminated its planned Digital Gateway data center project in Virginia and withdrawn the associated filings after years of planning and regulatory review.The data center operator has faced years of local opposition and litigation over the project, de…
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Watchdog faults Secret Service for missing 102 radio calls during 2024 Trump shooting
By Jasper WardThe U.S. Secret Service did not receive 102 local radio transmissions about the gunman who attempted to assassinate President Donald Trump at a 2024 campaign rally in Butler, Pennsylvania, according to a government watchdog report released on Thursday.The agency was unaware of the tra…
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ElevenLabs explores employee stock sale at $22 billion valuation, Bloomberg News reports
AI voice generation firm ElevenLabs is exploring a secondary share sale that would allow employees to sell stock, Bloomberg News reported on Thursday, citing people familiar with the matter.The proposed transaction could value the company at about $22 billion and is expected to occur by September…
Grades ease as Strait of Hormuz flows recover rapidly
U.S. coastal cash crude grades weakened on Thursday, dealers said, as flows through the Strait of Hormuz recovered rapidly, pushing up global supply.Kuwait's crude oil production rose sharply to 1.65 million barrels per day in June from 580,000 bpd in May, a source familiar with the matter told Reu…
Kioxia readies next-gen memory mass production as AI boom fuels dramatic comeback
By Kentaro OkasakaKioxia TSE:285A will on Friday hold a ceremony at its fab in northern Japan as the chipmaker, whose shares have rocketed due to the AI investment boom, prepares to mass manufacture next-generation memory.The growth of AI has fueled a remarkable turnaround for Kioxia, which was pre…
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Consumer confidence in New Zealand rebounds as inflation outlook softens
Consumer confidence in New Zealand rose in June as two-year inflation expectations eased, returning nearer to January levels before the oil price spike, ANZ-Roy Morgan data showed on Friday.The consumer confidence index lifted to 91.3 in June from 86.5 in May, though it remained 16 points below its…
Crusoe in talks to raise $3 billion funding, Bloomberg News reports
AI data center startup Crusoe is in talks to raise about $3 billion in a funding round that may triple its valuation, Bloomberg News reported on Thursday, citing people familiar with the situation.The startup has contracts to supply AI computing power for the likes of Meta NASDAQ:META and Oracle NY…
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Largest US grid PJM falls short of setting all-time demand record
Power demand on PJM, the largest U.S. electric grid, fell short of setting an all-time record on Thursday, even as scorching heat, air conditioning use and data center consumption stretched the limits of a system already struggling to meet unprecedented growth.PJM electricity demand surged to 163 g…