Page 57 - Min News Today

UnitedHealth Group Inc beat Wall Street targets for quarterly profit and raised its annual forecast on Friday, as the healthcare giant banks on "market-leading" membership growth in its federal government-backed health insurance plans.

Canadian copper miner Teck Resources Ltd's biggest shareholder, China Investment Corp (CIC), favors Glencore's revised takeover offer as it would allow investors to exit their coal exposure for cash, Bloomberg News reported on Friday.

Production at U.S. factories fell more than expected in March, but eked out a modest gain in the first quarter.

An upbeat report this week by think tank Ember revealed that a record 12% of global electricity was generated by renewable sources in 2022, and declared that fossil fuel emissions may soon steadily decline as more renewable supply capacity emerges.

Japanese trading house Mitsubishi Corp is looking to invest in nickel and lithium projects to meet growing demand for electric vehicle (EV) batteries, while boosting its copper output, the head of its metal operations said on Thursday.

Property developer DAMAC Real Estate Ltd (DAMAC) has mandated banks to arrange investor meetings ahead of a potential three-year U.S. dollar-denominated Islamic bond, or sukuk, expected to be at least $500 million in size, a document showed on Thursday.

Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish rules on artificial intelligence to address national security and education concerns, as use of programs like ChatGPT becomes widespread.

A U.S. weather forecaster on Thursday predicted a 62% chance of the El Niño phenomenon developing in the Northern Hemisphere during May-July, and a strong chance toward end-year, likely compounding risks to crops across the globe.

Sudan's army on Thursday warned of a risk of confrontation following the mobilization of a powerful paramilitary group, in a sign of growing strains between the rival forces and a potential complication in moves to restore civilian rule.

Gold prices gained on Wednesday as investors keenly await key U.S. inflation data for signs of how close interest rates are to peaking.