Core Viewpoint - Ceres Power experienced a significant stock surge of over 23% following the announcement of a licensing deal with its largest Chinese shareholder aimed at powering data centers [1] Company Summary - Ceres Power is a British clean-energy technology developer that focuses on innovative solutions for energy generation [1] - The licensing deal is expected to enhance the company's capabilities in the data center sector, which is increasingly reliant on sustainable energy solutions [1] Industry Summary - The clean energy sector is witnessing growing interest and investment, particularly in technologies that support data centers, which are critical for digital infrastructure [1] - Partnerships between Western clean energy firms and Chinese stakeholders are becoming more common as both regions seek to advance their energy transition goals [1]

Core Insights - Teva Pharmaceutical Industries reported a higher-than-expected rise in third-quarter profit, driven by strong sales of its trio of branded drugs for migraines, Huntington's disease, and other conditions [1] Financial Performance - The company's third-quarter profit exceeded expectations, indicating robust financial health and effective market strategies [1] Product Performance - Strong sales from three key branded drugs contributed significantly to the profit increase, showcasing the effectiveness of Teva's product portfolio in addressing specific health conditions [1]

Contract drug developer Charles River Laboratories on Wednesday raised its annual profit forecast after posting strong third-quarter results, helped by stabilized demand for its drug discovery and dev... ...

Tesla's sales volume in Germany more than halved in October from the same month last year, the German road traffic agency KBA said on Wednesday, although sales of battery electric vehicles rose overal... ...

Biotech firm Bio-Techne missed its first-quarter revenue estimates on Wednesday, hurt by sluggish demand for its products amid soft biotech funding environment in China. ...

The New York Times on Wednesday projected fourth-quarter subscription revenue growth above Wall Street expectations, betting that its strategy to bundle news with more lifestyle and sports content wil... ...

British consumers are bracing for higher taxes from the upcoming budget and the finance minister's recent warning of shared pain to come risks weighing on key Christmas demand, the boss of retailer Ma... ...

Bank of America on Wednesday raised its closely watched profitability target as the second-largest U.S. lender looks to grow its market share and catch up with larger Wall Street rivals. ...

Automakers transporting their cars to the U.S. could face $200 to $300 per vehicle in additional costs, the CEO of car carrier Wallenius Wilhelmsen told Reuters on Wednesday, as the company seeks to pass on new U.S. port fees to customers. ...

Microsoft and Abu Dhabi's G42 on Wednesday announced a 200-megawatt expansion of data centre capacity in the United Arab Emirates as part of an over $15 billion investment commitment by the U.S. tech ... ...