4+ day, 14+ 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…...

5+ day, 3+ hour ago   (471+ words) HONG KONG/SINGAPORE, Sept 9 (Reuters) – Chinese artificial intelligence startup DeepSeek has tapped CITIC Securities to prepare for an initial public offering on Shanghai’s tech-focused STAR Market, two people with knowledge of the matter said. The Hangzhou-based company aims to begin…...

6+ day, 15+ hour ago   (191+ words) Sept 7 (Reuters) – Novo Nordisk said on Monday it had halted two additional trials of its ​experimental cardiovascular drug ziltivekimab, further ‌denting the Danish drugmaker’s efforts to diversify beyond its blockbuster obesity and diabetes franchise. In July, Novo said ziltivekimab failed…...

1+ week, 5+ day ago   (181+ words) Sept 2 (Reuters) – Australia’s competition regulator on Wednesday approved Kimberly-Clark’s proposed $40 billion takeover of Kenvue, on condition ​the company divests Kenvue’s Carefree ‌and Stayfree period care brands in the country to address competition concerns. • The Australian Competition and Consumer Commission (ACCC)…...

1+ week, 6+ day ago   (270+ words) BEIJING, Aug 31 (Reuters) – Shanghai Enflame Technology Co, a Chinese AI chipmaker backed by Tencent, said on Monday it expects to raise 6.1 billion ​yuan ($907.78 million) in its Shanghai initial public offering ‌after setting its IPO price at 142.18 yuan a share. Enflame is…...

1+ week, 6+ day ago   (117+ words) kwsn.com Wall St opens lower as Middle East clashes send oil prices up Aug 31 (Reuters) – Wall Street’s main indexes opened ​lower on Monday after military strikes between the U.S. and Iran drove up ​oil ⁠prices, fanning inflation ⁠worries…...

1+ week, 6+ day ago   (304+ words) MUMBAI, Aug 31 (Reuters) – India is likely to receive below-average monsoon rainfall in September after August precipitation came in 16% below normal, the weather department ​said on Monday, raising concerns about crop yields and ‌economic growth in Asia’s third-largest economy. Poor rainfall…...

1+ week, 6+ day ago   (309+ words) BRASILIA, Aug 31 (Reuters) – Brazil’s Finance Minister Dario Durigan said on Monday that some social programs could eventually cease to be purely mandatory expenditures, a move he said ​would give policymakers greater flexibility in managing the federal ‌budget. Durigan said at…...

1+ week, 6+ day ago   (520+ words) By Niket Nishant and Utkarsh Hathi Aug 31 (Reuters) – The main U.S. stock indexes were on course to open lower on Monday after military strikes between the U.S. and Iran drove up oil prices, fanning inflation worries as the interest-rate outlook…...

1+ week, 6+ day ago   (851+ words) Aug 31 (Reuters) – China is slowing down a long rally in the yuan and is likely to keep further currency gains to a minimum this year, market participants say, as authorities step in to support exporters. The move could cause friction…...