Lexington, Mass. - Voyager Therapeutics, a leading biotechnology company, has announced a collaboration and license agreement with pharmaceutical giant Novartis. This deal, potentially worth over $1 billion, marks an exciting development for both companies. Under the agreement, Voyager will provide Novartis with a target-exclusive license to its Tracer capsids and other … [Read more...] about Voyager Therapeutics Announces Collaboration and License Agreement with Novartis
Forex News
Apple Faces Downgrade Amid Weakness in Sales
Barclays, in a recent report, downgraded Apple, America's largest company by market capitalization. Analysts at the bank identified a decline in the sales of iPhones and Mac computers as a cause for concern. Tim Long, leading the team of strategists, revised the rating for Apple from Equal Weight to Underweight, setting a new price target of $160 (down from $161). The market … [Read more...] about Apple Faces Downgrade Amid Weakness in Sales
Challenges in the Semiconductor Sector
The semiconductor sector is currently experiencing a notable selloff, extending its fourth consecutive loss following an exceptional year in 2023. The PHLX Semiconductor Index (SOX) has dropped by 1.8%, with almost all of its 30 components losing value. Among the biggest decliners in this sector are Wolfspeed Inc. (WOLF) with a decrease of 5.6% and On Semiconductor Corp. (ON) … [Read more...] about Challenges in the Semiconductor Sector
Japanese Shipping Companies’ Shares Soar Amid Attacks
Japanese shipping companies have seen a substantial increase in their shares as a result of the recent attacks on international shipping in the Red Sea by the Houthi Yemeni rebel group. Nippon Yusen shares have risen by 7.75%, reaching 4,710 yen ($32.87). Similarly, Mitsui O.S.K. Lines has experienced a rise of 7.1% and reached Y4,838, while Kawasaki Kisen Kaisha recorded a … [Read more...] about Japanese Shipping Companies’ Shares Soar Amid Attacks
Inflation in Germany Rises Less Than Expected
Inflation in Germany rose less than expected in December, fueling hopes that the European Central Bank (ECB) may reduce interest rates this year. According to Germany's federal statistics office, annual headline inflation, adjusted to harmonize with other EU nations, climbed to 3.8% last month from November's 2.3%. However, experts attribute this jump to base effects related to … [Read more...] about Inflation in Germany Rises Less Than Expected
