Investing.com -- Shares of U.S. renewable energy companies showed mixed results in early Monday trading after the U.S. Senate advanced President Donald Trump’s comprehensive tax-and-spending bill. The legislation preserved tax credits for solar leasing arrangements, where third parties own and install solar panel systems on customers’ properties for a fee. This provision boosted several solar ...
By Foo Yun Chee BRUSSELS (Reuters) -Seventy-six companies have bid to develop Europe’s artificial intelligence gigafactories, the EU’s tech chief said on Monday, hailing a bigger than expected response to the bloc’s push to catch up with the U.S. and China in this key technology. The European Commission made the announcement four months after it allocated 20 billion euros ($23 billion) in EU ...
By Christy Santhosh (Reuters) -AbbVie said on Monday it would acquire privately held cell therapy developer Capstan Therapeutics in a deal worth up to $2.1 billion, expanding its product pipeline with experimental treatments for autoimmune diseases. The U.S. drugmaker has spent over $20 billion on acquisitions since 2023 as its flagship rheumatoid arthritis drug, Humira, lost patent protection. Ca ...
SAO PAULO (Reuters) -Brazil’s government will launch an investigation into suspected export "dumping" of some hot-rolled steel products from China, India and Indonesia, its official gazette said on Monday. Preliminary studies have found the sufficient evidence of dumping as well as resulting damage to its domestic steel industry, the document said. Steelmakers in Latin America’s largest econom ...