04:24 AM EST, 03/06/2024 (MT Newswires) -- Evotec SE ( EVO ) and biotech venture capital firm Claris Ventures said Wednesday they had agreed to streamline proposals from biotech companies into clinical trials. Financial terms of the agreement were not disclosed. Claris's portfolio includes nine European biotech firms with treatments approaching clinical trials. Under the terms of the new agreement,...

(Corrects spelling in first bullet point to Morgan Stanley's) By Selena Li and Xie Yu HONG KONG (Reuters) - Morgan Stanley ( MS ) has laid off about 9% of its staff at its asset management business unit in China, two people with direct knowledge of the matter said, as the country's spiralling stock market dampens prospects for its $3.8...

04:07 AM EST, 03/06/2024 (MT Newswires) -- CoreCivic ( CXW ) said late Tuesday it priced an offering of $500 million principal amount of 8.25% senior notes due 2029. Net proceeds, estimated to be about $490.3 million, will be used to partially fund the redemption of its outstanding 8.25% senior unsecured notes due 2026, the company said. The offering has...

KUALA LUMPUR (Reuters) - Stagnating global palm oil production and higher biodiesel mandates are likely to curb supplies of the world's most used vegetable oil this year, setting the stage for further gains in prices, which are trading at their highest in seven months. Palm oil output in Indonesia and Malaysia, which account for a bulk of global production, is...