06:08 AM EDT, 06/06/2024 (MT Newswires) -- Canaan (CAN) said Thursday that it has signed a large purchase agreement with long-term partner Cipher Mining Technologies (CIFR). Financial details were not disclosed. Canaan said that under the terms of the agreement, Cipher Mining ( CIFR ) purchased 6,600 units of Canaan's latest product, the Avalon Miner A1566. The initial order is...

ROME, June 6 (Reuters) - Italy's antitrust regulator said on Thursday it had launched an investigation into pharmaceutical companies including Novartis and Roche-controlled Genentech for having potentially restricted competition in the sale of an eye drug. Biopharma developer Samsung Bioepis, biotechs Biogen and Genentech, and Novartis, and some of their Italian, Dutch and UK units, allegedly coordinated their commercial strategies...

(Reuters) - A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to use the huge amount of equipment they stockpiled duty-free over that period by the end of this year. The dynamic could result in a mini-boom in already red-hot U.S. solar installations, while also annoying the...

SHANGHAI, June 6 (Reuters) - Chinese electric vehicle maker Nio said on Thursday that it expected its EV deliveries in the second quarter to more than double from a year ago to between 54,000 and 56,000. Revenue in the three-month period starting April would also nearly double to about $2.3 million, the company added. Nio posted a net loss of...