Author Archives: Syndicated Content
Valero Energy CEO Joseph Gorder to step down, insider Riggs to succeed
(Reuters) - U.S. refiner Valero Energy Corp said on Tuesday CEO Joseph Gorder would step down from the role on June 30 and named Chief Operating Officer Lane Riggs as his successor. Gorder has led Val...
May 09, 2023
Scholz urges integrated EU defence industry, migration agreement
By Sabine Siebold BERLIN (Reuters) - The European Union must work harder to integrate its defence industries and reach agreement on how to tackle migration, German Chancellor Olaf Scholz said in a key...
May 09, 2023
EV startup Fisker cuts annual production forecast
(Reuters) - Fisker Inc on Tuesday cut its full-year production target as the electric-vehicle startup seeks to keep a leash on expenses and posted a smaller first-quarter loss. The company's shares fe...
May 09, 2023
Imran Khan, the cricket star who ditched playboy image to rule Pakistan
(Reuters) - Former Pakistan Prime Minister Imran Khan, a cricketing hero-turned-politician who was arrested on Tuesday, whipped up popular support amid decades-high inflation and a crippling economic ...
May 09, 2023
Novavax's COVID, flu vaccine candidates show promise in study
(Reuters) - Novavax Inc said on Tuesday that a mid-stage study of three of its vaccines, including a combination shot targeting COVID-19 and influenza, showed strong immune responses and were found to...
May 09, 2023
PacWest, Western Alliance lead slide in regional bank stocks
(Reuters) - Shares of regional lenders PacWest Bancorp and Western Alliance resumed their slide in premarket trading on Tuesday as investors feared the ongoing banking crisis could deepen. PacWest dro...
May 09, 2023
Australia to invest $1.4 billion to scale up renewable hydrogen industry
By Praveen Menon SYDNEY (Reuters) - Australia will invest A$2 billion ($1.4 billion) to scale up development of its renewable hydrogen industry, the government announced in its annual budget on Tuesda...
May 09, 2023
China to implement stricter vehicle emissions standards from July 1
BEIJING/SHANGHAI (Reuters) -China will implement an upgraded version of emission standards for vehicles nationwide from July 1, the country's environment ministry said on Tuesday, pressuring automaker...
May 09, 2023
Novavax lays off 25% of workforce, releases 2023 outlook
(Reuters) -Novavax said on Tuesday it will reduce its global workforce by 25% as the cash-strapped biotech pushes forward with its plans to slash expenses and navigate tepid demand for its COVID-19 va...
May 09, 2023
Coty lifts profit forecast as luxury shoppers seek cosmetics, fragrances
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) -Coty Inc raised its annual profit forecast for the second time and beat quarterly revenue and earnings estimates, buoyed by the CoverGirl par...
May 09, 2023
