Sanofi’s profit growth beats market expectations thanks to early start of vaccine sales
French drugmaker Sanofi posted stronger third-quarter profit growth than analysts expected, helped by an earlier-than-expected start to the vaccination season. The company's quarterly operating income, excluding non-recurring items, rose 14.4%…
Pfizer executives seek to demonstrate change as Starboard approaches
Pfizer's quarterly financial report released on Tuesday coincided with a critical moment for the US drugmaker and its CEO, as activist hedge fund Starboard Value ramps up pressure to show…
Asset managers launch new ETFs to cash in on AI hype
Artificial intelligence-focused exchange-traded funds are proliferating as asset managers offer investors new ways to tap into the market's enthusiasm for AI. More than a third of ETFs that include artificial…
Apple iPhone 16 sales blocked in Indonesia due to local parts market rules
Technology giant Apple Inc's industry ministry said the company will not be allowed to sell iPhone 16 smartphones in Indonesia because they do not comply with the country's rules on…
Microsoft’s demand for AI is under scrutiny from investors looking to make money
Microsoft is expected to report its slowest quarterly revenue growth in a year on Wednesday, while investors wait for signs of demand for AI amid growing concerns about the slow…
Motta says Juve are not yet in the title race
Coach Thiago Motta acknowledged Juventus are not yet in the race for the Serie A title and stressed the importance of keeping the focus on their growth after securing a…
Leon Draisaitl drives the Oilers off the field in OT on his birthday
Leon Draisaitl scored in extra time, finishing with two goals and three points on his 29th birthday and giving the visiting Edmonton Oilers a 3-2 victory over the Detroit Red…
76ers beat the Pacers in extra time for their first win of the season
Tyrese Maxey scored 45 points, including 10 in overtime, and the Philadelphia 76ers completed a late surge and picked up their first win of the season with a 118-114 rout…
Uruguay election heads to run-off vote
Official presidential results in Uruguay showed that centre-left candidate Yamandu Orsi will face conservative Álvaro Delgado in a run-off next month, as neither candidate won the majority needed for a…
Japan’s government is in limbo after elections, no party has a majority
The composition of Japan's future government was in trouble on Monday after voters punished Prime Minister Shigeru Ishiba's scandal-plagued coalition in early elections over the weekend, leaving no party with…
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