Exclusive-Saudi Arabia wealth fund set to announce strategy revamp, sources say
Daily Trader Insights By Timour Azhari RIYADH, Feb 9 (Reuters) – Saudi Arabia’s $925 billion Public Investment Fund...
China critic Jimmy Lai sentenced to 20 years in jail after landmark Hong Kong trial
By James Pomfret and Jessie Pang HONG KONG, Feb 9 (Reuters) – Hong Kong’s most...
Lilly bets on next-generation cell therapy with $2.4 billion deal for Orna
By Padmanabhan Ananthan and Sriparna Roy Feb 9 (Reuters) – Eli Lilly will buy Orna...
Nike-owned Converse to cut jobs as it reorganizes its teams, Bloomberg News reports
Feb 9 (Reuters) – Nike-owned Converse brand’s employees were instructed to work from home this...
Bitcoin slump shakes companies that jumped on crypto-hoarding bandwagon
By Hannah Lang Feb 5 (Reuters) – Turbulence in the cryptocurrency market is dragging down...
Novo Nordisk plunge wipes $50 billion off obesity drug giant
Feb 4 (Reuters) – Novo Nordisk shares tumbled 16% on Wednesday, wiping off around $50...
Nintendo posts quarterly profit rise, sees no major hit from chip price spike
By Sam Nussey TOKYO, Feb 3 (Reuters) – Japan’s Nintendo on Tuesday posted an 23%...
PayPal shares sink on CEO exit, disappointing 2026 profit forecast
By Manya Saini Feb 3 (Reuters) – PayPal replaced its CEO Alex Chriss, who was...
Trump says ‘not much’ doubt interest rates will be lowered, in NBC interview
WASHINGTON, Feb 4 (Reuters) – U.S. President Donald Trump said on Wednesday there was “not...
Target’s new CEO says retailer lost trust with shoppers and staff, Bloomberg News reports
Feb 4 (Reuters) – Target Corp’s new chief executive officer, Michael Fiddelke, said the big-box...