Moderna reports unexpected profit due to higher sales of COVID vaccine
Moderna on Thursday reported an unexpected third-quarter profit, driven by cost cuts and better-than-expected sales of its COVID-19 vaccine, even though revenue from its new respiratory syncytial virus vaccine was…
Australia approves $5.8bn Chemist Warehouse-Sigma Healthcare deal
Australia's competition regulator on Thursday approved the reverse takeover of Sigma Healthcare by private pharmacy chain Chemist Warehouse, paving the way for the A$8.8 billion (US$5.78 billion) venture after a…
SMIC reports profit and revenue growth as chip sector recovers
China's largest chip maker Semiconductor Manufacturing International Corp on Thursday the company reported a 58.3 per cent rise in third-quarter net profit as the sector showed signs of recovery from…
Amazon to invest $1.3bn in data centre business in Italy
Amazon's computing unit AWS on Thursday said it plans to invest 1.2 billion euros ($1.3 billion) in Italy over the next five years to further expand its data centre business…
Arm Holdings shares fall after forecast failed to impress investors
Shares of chip developer Arm Holdings fell 6 per cent in the premarket after its quarterly outlook disappointed investors who had high hopes for AI-driven interest in chip companies.
Argentina make changes to their defence line-up ahead of the match against Italy
Injuries forced Argentina to make major reshuffles at fullback ahead of Saturday's test match against Italy in Udine, but the offensive line remained largely unchanged after coach Felipe Contepomi named…
The Cavs set a franchise record with a 9-0 start to the season
Donovan Mitchell scored 29 points and the visiting Cleveland Cavaliers set a record for the best start in franchise history at 9-0 with a 131-122 victory over the New Orleans…
Manchester City and Arsenal aim to gain a foothold in the title race
Manchester City and Arsenal have led the way in the last two Premier League title races, but both teams face a slump ahead of the weekend when their squads will…
Pressure mounts on Scholz to call elections
German opposition parties and business groups urged Chancellor Olaf Scholz to call new elections quickly after his shaky three-party coalition collapsed and plunged the country into political turmoil. The coalition…
Israeli strikes on Lebanon kill 40 people in Baalbek neighbourhood
Israeli strikes on Lebanon killed 40 people near the eastern city of Baalbek in the Bekaa Valley on Wednesday, the country's health ministry said, while new strikes hit the southern…