TORONTO, Aug 27 (Reuters) - Bank of Montreal ( BERZ ) on Tuesday warned it would need to continue to set aside money for loans that are unlikely to be repaid, after the Canadian lender reported lower-than-expected profit for the sixth time in a row. The lender however said it would start to see a recovery in 2025 as central...

11:13 AM EDT, 08/27/2024 (MT Newswires) -- Amazon.com ( AMZN ) said Monday that it launched a beta version of its artificial intelligence-backed shopping assistant Rufus in India. The e-commerce giant said Rufus is trained on its product catalog and information from the internet, allowing the AI assistant to compare products, provide product recommendations, and answer customers' questions on shopping...

11:13 AM EDT, 08/27/2024 (MT Newswires) -- Legend Biotech ( LEGN ) said Tuesday that China's National Medical Products Administration has approved the company's cell therapy product ciltacabtagene autoleucel to treat adult patients with relapsed or refractory multiple myeloma, who received at least three previous lines of therapy. Ciltacabtagene autoleucel, or cilta-cel, is a gene-modified therapy targeting B-cell maturation antigen...

11:13 AM EDT, 08/27/2024 (MT Newswires) -- Brown-Forman's (BF.B) hangover continues amid US headwinds and muted performance in key brands, RBC Capital Markets said Tuesday in a report. We see near term pressures continuing to weigh on numbers despite easier compares ahead, partly on slowing consumption outside the US, RBC said. Brown-Forman will announce fiscal Q1 results on Thursday. The...