BOJ to raise rates again most likely in January, says ex-policymaker
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan is likely to raise interest rates in coming months with January emerging as the most likely timing, when there will be more clarity on political and market…
Analysis-China’s messy EV dispute with Europe keeps trade tensions in check
By Joe Cash and Laurie Chen BEIJING (Reuters) – Fears of a widening tariff war between China and other major exporting nations are keeping diplomacy between the world’s second-largest economy and the European Union alive, even as trade talks over…
Trump’s tariff plan could cost Americans $78 billion in annual spending, NRF study shows
(Reuters) -U.S. shoppers could lose up to $78 billion in annual spending power annually if presidential candidate Donald Trump’s new tariffs proposal on imports are implemented, a study from the National Retail Federation (NRF) showed on Monday. The study said…
Earnings call: Vertex Pharmaceuticals Q3 2024 revenue climbs 12%
Vertex Pharmaceuticals Incorporated (VRTX) reported a robust financial performance in its Third Quarter 2024 Earnings Call, with revenue reaching $2.77 billion, marking a 12% increase from the previous year. The company also raised its full-year product revenue guidance to a…
Earnings call: Castle Biosciences reports robust Q3 growth, raises guidance
Castle Biosciences Inc . (NASDAQ:CSTL), a leading skin cancer diagnostics company, has reported a substantial 39% increase in revenue for the third quarter of 2024, reaching $85.8 million. The growth was primarily driven by a significant rise in test volume…
Earnings call: Navitas Semiconductor Q3 results, strategic partnerships
In the recent third-quarter earnings call, Navitas Semiconductor (ticker: NVTS) CEO Gene Sheridan reported a record revenue of $21.7 million driven by peak GaN shipments. Despite a Q3 operational loss of $12.7 million, the company is optimistic about future growth,…