July 24 (Reuters) - Microsoft ( MSFT ) will use Lumen Technologies' ( LUMN ) network equipment to expand its capacity for AI workloads, the companies said on Wednesday, as the technology giant looks to meet growing demand at its data centers. Microsoft ( MSFT ) said in April that a shortage of data center infrastructure needed to deploy AI...

09:55 AM EDT, 07/24/2024 (MT Newswires) -- Price: 4.75, Change: -0.34, Percent Change: -6.59 ...

09:57 AM EDT, 07/24/2024 (MT Newswires) -- EnGene ( ENGN ) said Wednesday that it has appointed Ron Cooper as its chief executive officer, effective July 22. The clinical-stage company said the appointment is part of a previously disclosed succession plan for Jason Hanson, who would remain a strategic adviser for the company. Cooper was most recently CEO and president...

PARIS/FRANKFURT/MILAN (Reuters) - The euro zone's biggest banks largely beat second quarter earnings expectations on Wednesday, benefiting from still-high interest rates and bumper investment banking business, although concerns about a tougher outlook held back their shares. European banking shares, pinned lower for a decade by poor profitability when central bank interest rates were stuck at zero, have risen 20% since...