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J&J's lung cancer therapy combo succeeds in late-stage study

UPDATE 1-J&J's lung cancer therapy combo succeeds in late-stage study Adds details in paragraphs 2 and 3 Sept 28 (Reuters) - Johnson & Johnson JNJ.N said on Thursday its cancer therapy combination met the main goal in a late-stage study testing it as a treatment for patients with a type of lung cancer. The drugmaker said an interim analysis of data from the study showed a trend "favoring" the combination of its antibody treatment Rybrevant and experimental drug lazertinib, when compared to Astra
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Micron shares fall as demand recovery 'off to slow start'

Micron shares fall as demand recovery 'off to slow start' Sept 28 (Reuters) - Micron Technology's MU.O first-quarter loss forecast has triggered concerns of a sluggish recovery in the memory chip maker's end-markets such as data centers, sending its shares down about 5% in premarket trading on Thursday. The company on Wednesday forecast a bigger loss than analysts had expected and a return to positive gross margin in the second half of fiscal 2024, later than Wall Street expectations for the fir
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Putin meets Chechen leader Kadyrov after storm over prisoner beating comments

UPDATE 1-Putin meets Chechen leader Kadyrov after storm over prisoner beating comments Adds details, context Sept 28 (Reuters) - Russian President Vladimir Putin met Chechen leader Ramzan Kadyrov on Thursday, a state television reporter said, three days after Kadyrov said he was proud of his 15-year-son for beating up a prisoner accused of burning the Koran.

Dollar retreats from 10-month high, heat still on yen, euro

FOREX-Dollar retreats from 10-month high, heat still on yen, euro By Brigid Riley and Alun John TOKYO/LONDON, Sept 28 (Reuters) - The dollar pulled back from its highest level since November against a basket of peers on Thursday, after a climb that has brought the yen near a key intervention zone and the euro to an eight-month low, as U.S. longer-dated yields extend their rise.
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Golf-Winning is all that counts at Ryder Cup, until it isn't

Golf-Winning is all that counts at Ryder Cup, until it isn't By Mitch Phillips ROME, Sept 28 (Reuters) - Last week’s dramatic Solheim Cup finale brought the concept of “retaining the trophy” into sharp focus at the Ryder Cup and produced mixed feelings among the players wrestling with how a draw can effectively be a win and a loss. The 14-14 scoreline in Spain, the first draw in 18 editions of the women’s event, meant that, as holders, Europe retained the trophy.

Corn and soy ease after oil-spurred gains, wheat subdued

GRAINS-Corn and soy ease after oil-spurred gains, wheat subdued Updates at 1121 GMT, changes byline/dateline By Gus Trompiz and Peter Hobson PARIS/CANBERRA, Sept 28 (Reuters) - Chicago corn and soybean futures edged lower on Thursday as the crude oil rally paused and grain traders awaited U.S. stocks data for further direction. Wheat was marginally lower, with short-term availability of Black Sea export supplies offsetting concerns about drought in the southern hemisphere.

HP slips on Berkshire Hathaway's share sale

BUZZ-HP slips on Berkshire Hathaway's share sale ** Shares of laptop maker HP Inc HPQ.N fall 1.5% to $25.27 premarket ** Warren Buffett's Berkshire Hathaway BRKa.N sells another 4.61 mln shares of HPQ between Sept. 25 and Sept. 27, according to an SEC filing ** Berkshire says it still owns about 106 mln shares of HP ** On Sept. 22, Berkshire had so

Kazakhstan ready to increase oil supplies to Germany - president

Kazakhstan ready to increase oil supplies to Germany - president ALMATY, Sept 28 (Reuters) - Kazakhstan is ready to increase oil supplies to Germany, Kazakh President Kassym-Jomart Tokayev said on Thursday after talks with German Chancellor Olaf Scholz in Berlin. Tokayev said Kazakhstan has shipped 500,000 metric tonnes of crude to Germany via Russia's Druzhba pipeline this year, sales which began after Berlin decided to stop buying Russian oil.

Immunovant slips after pricing $450 mln equity offering

BUZZ-Immunovant slips after pricing $450 mln equity offering ** Immunovant Inc's IMVT.O shares down 2.3% at $38.59 premarket after biotech firm raises equity ** Co late Weds sold 7.37 mln shares in public follow-on at $38, 3.8% discount to last sale, for $280 mln ** It also sold ~4.47 mln shares at $38 for $170 mln in private placement to its largest shareholder Roivant Sciences ROIV.O , which has 56.5% stake in IMVT ** On Tues, IMVT shares roughly doubled to $39.96 after co's early antibody tre

SoftBank’s AI dream team is far from iPhone killer

BREAKINGVIEWS-SoftBank’s AI dream team is far from iPhone killer The author is a Reuters Breakingviews columnist. The opinions expressed are their own. LONDON, Sept 28 (Reuters Breakingviews) - SoftBank Group’s 9984.T Masayoshi Son, former Apple AAPL.O iPhone designer Jony Ive, and Sam Altman, boss of ChatGPT’s creator OpenAI, are forming a seemingly exciting alliance.
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AGCO Corp to acquire majority stake in Trimble's agribusiness for $2 bln

UPDATE 1-AGCO Corp to acquire majority stake in Trimble's agribusiness for $2 bln Adds shares in paragraph 2, details of the joint venture Sept 28 (Reuters) - Agricultural machinery maker AGCO Corp AGCO.N said on Thursday it would acquire an 85% stake in GPS navigation products maker Trimble's TRMB.O agribusiness for $2.0 billion in cash. Shares of Trimble rose 4.3% to $51.34 in premarket trading.

India 10-yr yield posts biggest single session rise of 2023

INDIA BONDS-India 10-yr yield posts biggest single session rise of 2023 By Dharamraj Dhutia and Bhakti Tambe MUMBAI, Sept 28 (Reuters) - Indian government bond yields climbed on Thursday, with the benchmark yield posting its biggest single-session rise in 2023, triggered by a relentless rise in oil prices as well as Treasury yields, while debt supply further hurt.
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India stocks, rupee, swaps, call at close

SNAPSHOT-India stocks, rupee, swaps, call at close . MUMBAI, Sept 28 (Reuters) - STOCKS: The benchmark BSE Sensex .BSESN fell 610.37 points, or 0.92%, to 65,508.32, while the broader NSE index .NSEI lost 192.9 points, or 0.98%, to 19,523.55, pressured by losses in information technology and consumer stocks as the global markets extended weakness on worries over higher interest rates and crude prices.

Jefferies down on Q3 profit miss

BUZZ-Jefferies down on Q3 profit miss ** Shares of Jefferies Financial Group JEF.N down 3.6% at $34.92 in premarket trading ** JEF posts a smaller-than-expected third-quarter profit on Wednesday as lingering economic uncertainty kept dealmaking in check ** Says it expects around 360 managing directors in its investment banking franchise at the beginning of 2024, up from the 299 that it started this year with ** Co forecast a more "normal" investment banking environment in 2024 ** Investment bank

India stocks, rupee, swaps, call at close

SNAPSHOT-India stocks, rupee, swaps, call at close MUMBAI, Sept 28 (Reuters) - STOCKS: The benchmark BSE Sensex .BSESN fell 610.37 points, or 0.92%, to 65,508.32, while the broader NSE index .NSEI lost 192.9 points, or 0.98%, to 19,523.55, pressured by losses in information technology and consumer stocks as the global markets extended weakness on worries over higher interest rates and crude prices.

Brazil central bank sees GDP growth of 2.9% in 2023, 1.8% in 2024

UPDATE 1-Brazil central bank sees GDP growth of 2.9% in 2023, 1.8% in 2024 Adds further estimates from report, context BRASILIA, Sept 28 (Reuters) - Brazil's central bank revised its economic growth forecast for 2023 on Thursday, raising it to 2.9% from 2.0% projected June, and unveiled its first estimate for 2024 gross domestic product (GDP), indicating an increase of 1.8%.

Enersense Sells Minority Stake In Soidinmäki Wind Farm

BRIEF-Enersense Sells Minority Stake In Soidinmäki Wind Farm Sept 28 (Reuters) - Enersense International Oyj ESENSE.HE : HAS SOLD ITS MINORITY STAKE IN SOIDINMÄKI WIND FARM SOIDINMÄKI WIND FARM HAS BEEN COMPLETED AND HANDED OVER TO BUYER TRANSACTION WILL NOT HAVE A SIGNIFICANT IMPACT ON POWER BUSINESS AREA'S EBITDA IN Q3 2023 Source text for Eik

US shares of Nio up on report of exploring investment with Mercedes

BUZZ-US shares of Nio up on report of exploring investment with Mercedes ** U.S.-listed shares of Nio Inc NIO.N 9866.HK rise ~2% to $8.63 premarket ** Reuters reports co has held exploratory talks with Mercedes Benz MBGn.DE for a tie-up, including investments in exchange for technology ** Details on technology transfer and investment amount not dis

Hungary's government stepped in to curb inflation as central bank "could not cope" -minister

Hungary's government stepped in to curb inflation as central bank "could not cope" -minister BUDAPEST, Sept 28 (Reuters) - The Hungarian central bank could not cope with curbing inflation so the government stepped in and helped rein in price growth with its own measures, Prime Minister Viktor Orban's chief of staff told a press briefing on Thursday. When asked if this means the central bank governor should resign, Gergely Gulyas said that was not the case.

Bionomics soars as PTSD drug succeeds in mid-stage study

BUZZ-Bionomics soars as PTSD drug succeeds in mid-stage study Updates ** U.S.-listed shares of Australia-based Bionomics Ltd BNOX.O nearly triple to $2.87 premarket ** Co says its experimental drug to treat post-traumatic stress disorder (PTSD) helped reduce severity of symptoms in a mid-stage study ** Drug candidate, BNC210, also showed improvemen



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