07:20 AM EDT, 05/08/2024 (MT Newswires) -- The US has reportedly revoked licenses that allowed Qualcomm ( QCOM ) and Intel ( INTC ) to sell chips used for laptops and handsets to China's Huawei Technologies, effective immediately, multiple media outlets reported Tuesday, citing unnamed sources. One of the cited sources told Reuters that both Qualcomm ( QCOM ) and...

07:22 AM EDT, 05/08/2024 (MT Newswires) -- The Lion Electric ( LEV ) on Wednesday reported a wider net loss for the first quarter on slightly higher revenue. The manufacturer of all-electric medium and heavy-duty urban vehicles, reported a net loss of US$21.7 million, or US$0.10 per diluted share, compared with the net loss of US$15.5 million, or US$0.07 per...

LONDON (Reuters) - Global brewers are set to sell more beer this year after several quarters of declines, helped by factors from sports and slower inflation to weather patterns and a fading boycott. Heineken, the world's No. 2 brewer, already reported its first quarterly volume growth in over a year in the three months to end-March. Rival Carlsberg also reported...

JERUSALEM (Reuters) - Teva Pharmaceutical Industries reported a smaller than expected rise in first-quarter profit citing higher impairments of tangible assets, while sales of copycat medicines and its branded drugs to treat migraines and Huntington's disease rose. The world's largest generic drugmaker said on Wednesday it earned 48 cents diluted share excluding one-time items in the January-March quarter, up from...