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September 15, 2025
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August 16, 2024

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GSK to seek dismissal of Florida case against heartburn drug Zantac

Financial Wealth Daily1 year ago8 months ago02 mins

(Reuters) – British drugmaker GSK said on Friday it would seek a dismissal of an upcoming Zantac case in Florida, where plaintiffs alleged that its discontinued heart burn drug had caused prostate cancer. The move followed a Florida court ruling on Thursday in favour of GSK and other defendants. The ruling excluded testimony from experts…

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  • Economy

Hong Kong second-quarter GDP expands 3.3% on year

Financial Wealth Daily1 year ago8 months ago03 mins

HONG KONG (Reuters) – Hong Kong’s economy expanded by 3.3% in the second quarter from a year earlier, the government said on Friday, adding that the economy should continue to grow. The economy expanded by 2.7% in the first quarter of 2024. “Looking ahead, the economy should continue to grow in the remainder of the…

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ExodusPoint’s assets drop $1 billion in first half

Financial Wealth Daily1 year ago8 months ago03 mins

By Carolina Mandl NEW YORK (Reuters) – ExodusPoint Capital Management reported a $1 billion drop in assets under management in the first half of 2024, according to a regulatory filing. The filing gave no reason for the drop but a source familiar with the matter said it was due to withdrawals of money by clients….

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Harris aims at stubbornly high prices

Financial Wealth Daily1 year ago8 months ago04 mins

(Reuters) – Vice President Kamala Harris’ speech in Raleigh, North Carolina, on Friday will focus on economics, and specifically around her plans to lower costs and target “corporate price-gouging” if she is elected president, according to her campaign. Inflation has been a persistent sore spot for American consumers, overshadowing an otherwise healthy economy with a…

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  • Trump targets Memphis in law enforcement surge, eyes Chicago next
  • Nvidia says GAIN AI Act would restrict competition, likens it to AI Diffusion Rule
  • Exclusive-ASML becomes Mistral AI’s top shareholder after leading latest funding round, sources say
  • Google hit with $3.45 billion EU antitrust fine over adtech practices
  • Hyundai’s eVTOL startup Supernal pauses work following executive departures, TechCrunch reports

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