Eli Lilly to buy psychedelics maker AtaiBeckley for $2.8 billion as experimental treatments gain traction
The deal for AtaiBeckley gives Lilly access to experimental drugs based on DMT and MDMA.
Treasury yields rise amid mounting U.S.-Iran tensions
Treasury yields rose Thursday as oil prices remained elevated on mounting tensions between the U.S. and Iran.
Catching up in the AI race? India gets its second AI unicorn in a month
Two Indian AI startups have become unicorns in a month, which has raised hopes that the country could shed its reputation as an AI laggard.
Iran warns U.S. of Hormuz ‘red line,’ says it will retaliate if Trump carries out threats
Trump warned that the U.S. will target Iranian infrastructure next week if negotiations do not resume.
Foreign investors sweeten on Indian government bonds as equities see a sell-off
The Indian government bond market is drawing interest from foreign investors as it readies for a likely inclusion in Bloomberg index.
Ukrainians take to the streets after Zelenskyy ousts defense minister in surprise shake-up
Ukrainian protesters took to the streets of Kyiv on Thursday, decrying Zelenskyy’s surprise decision to dismiss Defense Minister Mykhailo Fedorov.
CNBC Daily Open: A Messi end for England
England’s semi-final loss will sting for fans but won’t hurt markets, where the volatility is still centered around the chip space.
TSMC to invest additional $100 billion in Arizona after second-quarter profit soars 77%
TSMC announced a second-quarter profit, following its June revenue figures released earlier this week.
Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
The technological rivalry between China and the U.S. has intensified, as they race for AI dominance.
Bank of Korea raises rates to 2.75% in first hike in over three years
The 25 basis point hike by the Bank of Korea was in line with a survey of economists polled by Reuters.
