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Analysis-Geopolitical and tariff risk back with a bang for markets
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Wednesday, October 1
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SRN News
Halozyme to buy Elektrofi in up to $900 million deal to expand drug delivery lineup
(Reuters) -Halozyme Therapeutics said on Wednesday it will buy privately held Elektrofi in a deal worth up to $900 million to expand its lineup with a technology that can deliver biologic medicines in small, concentrated doses. The deal comprises of ...
Wednesday, October 1
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SRN News
Humana to lower premiums for prescription drug plans
(Reuters) -Humana said on Wednesday about 83% of stand-alone prescription drug plans for 2026 will offer a premium decrease. The health insurer said it expects more than 80% of its Medicare Advantage members will be in plans with stable benefits. ...
Wednesday, October 1
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SRN News
Conagra beats quarterly sales estimates on robust demand
(Reuters) -Conagra Brands beat Wall Street estimates for first-quarter sales on Wednesday, helped by resilient demand for its pantry staples such as Slim Jim meat snacks and Act II popcorn, even as inflation weighed on consumer spending. Shares of the ...
Wednesday, October 1
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Swiss pharma companies likely to follow Pfizer-US price deal, business lobby says
By Olivia Le Poidevin and Cecile Mantovani GENEVA (Reuters) -Swiss pharma companies are likely to follow Pfizer’s price deal with the U.S. following President Donald Trump’s push to lower drug prices, the head of a major Swiss chemical and pharmaceutical ...
Wednesday, October 1
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US stock futures fall as government shutdown clouds interest-rate view
(Reuters) -U.S. stock index futures slid on Wednesday as investors assessed the fallout from the federal government shutdown, which threatens to delay key economic data and muddy the central bank’s policy-easing plans. The risk-off sentiment reflects investor unease over what ...
Wednesday, October 1
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SRN News
Analysis-Hit by Trump tariffs, rest of world races to forge new trade alliances
By Philip Blenkinsop BRUSSELS (Reuters) -U.S. President Donald Trump’s import tariffs have breathed life into dormant free trade talks across the globe and driven alliances at an unrivalled pace between partners seeking to offset lost exports to the United States. Since ...
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Wednesday, October 1
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SRN News
EU plans to cut steel import quotas, hike tariffs to 50%
By Julia Payne BRUSSELS (Reuters) -The European Commission will propose cutting steel import quotas by nearly half and hiking duties on volumes above those levels to 50% in line with tariffs imposed by the U.S. and Canada, a source briefed ...
Wednesday, October 1
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Rick Perry’s data center REIT set for Nasdaq debut after $683 million IPO
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Wednesday, October 1
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Brazil’s Jacu bird poo-poos US tariffs as specialty coffee sector suffers
By Oliver Griffin DOMINGOS MARTINS, Brazil (Reuters) -Brazil’s coffee sector is going through a stinky time amid punitive U.S. tariffs but a specialty coffee that passes through the digestive tract of the exotic Jacu bird is emerging from the muck-flinging ...
Wednesday, October 1
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Auto supplier ZF Group to cut 7,600 jobs in powertrain unit by 2030
By Ilona Wissenbach BERLIN (Reuters) -ZF Friedrichshafen will cut around a quarter of its workforce in its electrified powertrain technology unit by 2030 under a restructuring deal reached with its works council and labour union IG Metall, the German auto ...
Wednesday, October 1
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Hyundai Palisade vs Kia Telluride, a three-row SUV comparison from Edmunds
Suppose you’ve considered the Hyundai Palisade or Kia Telluride for your next three-row SUV. In that case, you probably know both models are nearly identical under the metal. Or rather, they were until recently. Redesigned for 2026 with new ...
Wednesday, October 1
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SRN News
Factbox-Big pharma firms announce direct-to-consumer sales and price cuts in U.S.
(Reuters) -Several pharmaceutical companies have said they will sell drugs direct to patients in the U.S. and offered discounts following President Donald Trump’s calls to bring down drug prices and cut out “middlemen” like pharmacies, insurers and pharmacy benefit ...
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