Moderna reports surprise profit as it books deferred COVID vaccine sales
By Patrick Wingrove and Leroy Leo (Reuters) – Moderna Inc on Thursday reported a small...
May 2023
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Factbox-Warren Buffett, Berkshire Hathaway at a glance
(Reuters) – Tens of thousands of people are descending on Omaha, Nebraska to attend the...
PacWest confirms strategic options talks after US bank shares plunge
By Anirban Sen and Noel Randewich (Reuters) – PacWest Bancorp said late on Wednesday it...
Global issuance of mortgage-backed securities falls to a 23-year low
By Patturaja Murugaboopathy (Reuters) – The issuance of global mortgage-backed securities (MBS) slumped to a...
Commodities
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Shell, Equinor profits beat forecasts as trading offsets lower energy prices
By Ron Bousso, Shadia Nasralla and Nerijus Adomaitis LONDON/OSLO (Reuters) – Energy giants Shell and...
Qualcomm outlook grim as smartphone sales stay weak
By Chavi Mehta, Jane Lanhee Lee and Stephen Nellis (Reuters) -Qualcomm Inc on Wednesday forecast...
Carl Icahn’s empire loses $6 billion in a day after short seller report
By Niket Nishant and David French (Reuters) -Carl Icahn’s empire took another hit on Wednesday...
Google wins US patent trial over data-retrieval technology
By Blake Brittain (Reuters) – Alphabet’s Google LLC won a jury trial on Tuesday in...
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Precious Metals & Minerals
Exclusive-Barrick not interested in bidding for Teck’s copper assets
By Divya Rajagopal TORONTO (Reuters) -Barrick Gold Corp is not interested in bidding for the...
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Factbox-Short sellers rake in $1.2 billion in profits as US regional bank stocks suffer
(Reuters) – Short sellers have pocketed $1.2 billion in paper profits betting against U.S. regional...