By Yadarisa Shabong (Reuters) - Mondays are now as busy as Thursdays in office canteens in the United States and Britain, the world's largest food catering firm Compass Group ( CMPGF ) said on Wednesday. Compass, which caters to staff at companies such as Microsoft and Shell, raised its annual profit forecast on Wednesday after its half-year ended March benefited...

08:20 AM EDT, 05/15/2024 (MT Newswires) -- Bolt Biotherapeutics ( BOLT ) shares were nearly 32% lower in premarket activity Wednesday following the company's announcement late Tuesday that it will stop the development of trastuzumab imbotolimod, BDC-1001, and has trimmed its workforce by about 50%. The company said the BDC-1001 program is not expected to meet its pre-defined success criteria...

MARIGNANE, France (Reuters) - Airbus Helicopters showcased an experimental half-plane, half-helicopter on Wednesday in a quest for speed as competition heats up to define the rotorcraft of the future. The Racer is a one-off demonstrator model that combines traditional overheard rotor blades with two forward-facing propellors in a bid to combine stability and speed, shortening response times for critical missions...

SHANGHAI (Reuters) - Chinese electric vehicle maker Nio on Wednesday launched the first vehicle under its new brand Onvo to be priced at a lower range and which aims to compete with Tesla's Model Y, the world's best-selling EV. Nio chief executive William Li launched the Onvo L60 SUV in Shanghai, saying the company aimed to take on Toyota Motor's...