Drugmaker AstraZeneca on Tuesday agreed to buy vaccine developer Icosavax in a deal valued at up to $1.1 billion to bolster its respiratory syncytial virus (RSV) vaccine portfolio.
British wage growth slowed more than expected in the three months to the end of October, official data showed, but pay is probably still increasing too quickly to persuade the Bank of England to cut interest rates any time soon.
The German reinsurer Hannover Re said on Tuesday that it expects net profit in 2024 of at least 2.1 billion euros ($2.26 billion), a 24% increase over its guidance for the current year.
The South African rand recovered in early trade on Tuesday against the dollar as global markets braced for consumer inflation data out of the U.S. that could set the tone for the Federal Reserve's future interest rate path.
More than 100 countries at the COP28 climate summit in Dubai have agreed to triple renewable energy capacity by 2030 - one of the least controversial commitments floated at the conference.
Britain's competition watchdog said on Tuesday it will scrutinise the environmental claims made by UK consumer good giant Unilever about certain household essential items, such as a number of cleaning products and toiletries.
Two Southeast Asian paper makers, Royal Golden Eagle (RGE) and Asia Pulp & Paper (APP), have emerged as final bidders for Swedish tissue maker Essity's 52% stake in Hong Kong-listed Vinda International, three people with direct knowledge of the matter said.
Beans rallied by as much as 2.5% across the front months to start the week. Jan led the way higher, reducing the carry to March by 1 ¾ cents to 17 ¼. Soymeal futures also rallied by 2%, with gains of as much as $8.80. The meal market remains inverted...
Soy bulls came back to life over the weekend and are pushing bean futures 11 ¼ to 23 ½ cents higher through midday. The Jan contract is trading 7 cents under the session high. Soymeal futures are rallying 1.6% so far through midday. Soybean Oil futures are also 1.1% in...
(RTTNews) - Indian shares were seeing modest gains in cautious trade on Tuesday ahead of key U.S. inflation data later in the day and Wednesday's FOMC rate decision.
China's steel output is expected to rise for the first year in three in 2023 as a soft domestic property sector is compensated by strong vehicle manufacturing and rising exports.
JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and Standard Chartered in the race for the mandate, two sources with knowledge of the matter said.
South Korea's Mirae Asset Securities on Tuesday said it would acquire French bank BNP Paribas' Indian retail brokerage unit, Sharekhan, in a 487 billion won ($370.11 million) deal.
(RTTNews) - Harbor Custom Development Inc. (HCDI) has voluntarily filed for protection under Chapter 11 of the United States Bankruptcy Code in the Western District of Washington at Tacoma to pursue an orderly wind down or restructuring of its business, the real estate company sa
The Vanguard FTSE Developed Markets ETF (VEA) is designed to track the performance of the FTSE Developed All Cap ex US Index. The goal of the ETF is to provide investors with a convenient way to match the performance of a diversified group of stocks of large-, mid-, and small-cap
Oil prices ticked up on Tuesday as investors played cautious ahead of key interest rate decisions and inflation data releases, but concerns over supply surplus and slower demand growth kept a lid on gains.
The Australian and New Zealand dollars drifted higher on Tuesday ahead of a key U.S. inflation report in the first hurdle of a week that will test market hopes of early and aggressive central bank easing next year.
(RTTNews) - Sanofi (SNYNF, SNY) said it has decided to terminate a licensing agreement with U.S. biotech Maze Therapeutics for an investigational Pompe disease treatment candidate. This decision comes in response to a challenge raised by the U.S. Federal Trade Commission regardin
India's blue-chip Nifty 50 index opened marginally higher to hit a record high for the eighth session out of nine, ahead of a crucial inflation data and the U.S. Federal Reserve policy decision.