(Reuters) - Deere & Co ( DE ) reported a lower first-quarter profit on Thursday, as more farmers switched to renting tractors and other equipment due to weak incomes and high borrowing rates. Farm income has dropped 23% from 2022 in one of the biggest declines in history, according to the USDA. High borrowing costs amid the Federal Reserve's cautious...

TAIPEI, Feb 13 (Reuters) - ASE Technology Holding Co. ( ASX ), the world's largest chip packaging and testing provider, said on Thursday it expects its revenue from leading-edge advanced packaging and testing to more than double to $1.6 billion this year, as global demand for AI chips surges. ASE CFO Joseph Tung said on an earnings call that 2024...

Feb 13 (Reuters) - Johnson & Johnson ( JNJ ) on Thursday said it will discontinue a late-stage study of an experimental E.coli vaccine that it was developing in partnership with Sanofi . The drugmaker said its decision was based on the recommendation of an independent committee that found the vaccine candidate may not be sufficiently effective. ...

06:11 AM EST, 02/13/2025 (MT Newswires) -- Despite the jump in short-dated United States rates on Wednesday, EUR/USD moved higher on the back of the Trump-Putin phone call and a possible end to the Russian-Ukraine war, said ING. Shortly before those headlines hit, the euro was also rallying on comments from European Union officials that they were currently negotiating with...