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Israel says it destroyed Hezbollah underground complex at Lebanon’s Ali al-Taher
3+ day, 17+ hour ago (351+ words) Sept 10 (Reuters) – The Israeli military destroyed Hezbollah underground infrastructure at the Ali al-Taher ridge in southern Lebanon, Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz said on Thursday, adding that the operation completed the consolidation of a security zone…...
Exclusive-Major Novartis shareholder calls for board shake-up after drug trial setbacks
3+ day, 23+ hour ago (526+ words) By Oliver Hirt and Marleen Kaesebier ZURICH, Sept 10 (Reuters) – A major shareholder in Novartis has called for a shake-up of the Swiss drugmaker’s board to improve corporate governance after its shares suffered a record fall this week following back-to-back trial…...
Europe’s Ariane wins Amazon boost at space gathering
4+ day, 16+ hour ago (296+ words) By Tim Hepher and Joey Roulette PARIS, Sept 9 (Reuters) – Amazon Leo has ordered six additional launches on Europe’s Ariane 6 launcher, operator Arianespace said on Wednesday, in a boost to Europe’s flagship rocket programme. The announcement at a Paris space gathering…...
Australian data centre operator NEXTDC to raise $795 million for AI infrastructure
5+ day, 3+ hour ago (323+ words) Sept 9 (Reuters) – Australia’s NEXTDC said on Wednesday it seeks to raise A$1.1 billion ($795.63 million) through convertible notes, its third fundraising in just over four months, as the data centre operator ramps up investment in AI infrastructure. Here are some details:…...
Khrzhanovsky brings long-awaited ‘DAU’ to Venice following Ukraine row | 1330 & 101.5 WHBL
4+ day, 23+ hour ago (560+ words) VENICE, Sept 9 (Reuters) – A film shot when war between Russia and Ukraine seemed unthinkable finally hit Venice on Wednesday, with director Ilya Khrzhanovsky unveiling “DAU”, a 20-year project that has generated both fascination and controversy. Ukraine’s government has objected to…...
Tencent-backed Enflame to debut in Shanghai on Friday in $912 million IPO
5+ day, 1+ hour ago (237+ words) BEIJING, Sept 9 (Reuters) – Tencent-backed AI chipmaker Shanghai Enflame Technology will make its Shanghai stock market debut on September 11, an exchange filing showed on Wednesday. Enflame, one of China’s leading AI chip startups known locally as the “four little GPU dragons…...
Dyne, Sarepta shares tumble as Novartis setback weighs on muscle disease drug developers
5+ day, 20+ hour ago (317+ words) Sept 8 (Reuters) – Shares of Dyne Therapeutics and Sarepta slumped on Tuesday after Novartis’ treatment for a muscle-wasting disorder failed in a trial, fueling investor concerns about the prospects of similar therapies for the tough-to-treat rare disease. Dyne’s stock led declines…...
China insurer capital injections could boost stock investments, analysts say
1+ week, 1+ hour ago (600+ words) BEIJING/SHANGHAI, Sept 7 (Reuters) – Beijing’s plan to inject capital into big state-owned insurers is expected to ease capital constraints and solvency pressures that have held back insurers from investing more long-term funds into the stock market, analysts said. Five state-owned…...
Novartis, Ionis’ experimental heart drug misses key goal in closely watched trial
1+ week, 2+ day ago (464+ words) By Christy Santhosh and Bhanvi Satija Sept 4 (Reuters) – Novartis said on Friday its experimental drug pelacarsen did not cut the risk of major heart attacks and strokes in patients with a genetic risk factor in a late-stage trial, marking a…...
Five dead on migrant boat rescued off Canary Islands, aid group says toll may be higher
1+ week, 4+ day ago (302+ words) ARGUINEGUIN, Spain, Sept 3 (Reuters) – Five migrants were found dead aboard a boat rescued off Spain’s Canary Islands, maritime rescue authorities said on Thursday, while a migrant rights group reported that survivors said dozens more had died during the crossing. Three…...