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By Will Dunham WASHINGTON, June 2 (Reuters) – Based on the behavior of winds on seven large and hot gas exoplanets, astronomers have obtained the strongest evidence to date that planets beyond our solar system possess magnetic fields, like Earth and five other planets in our solar system. The finding, based on observations by telescopes in Chile and Hawaii, deepens the understanding of exoplanets by showing that at least some […]

KINSHASA, June 2 (Reuters) – Democratic Republic of Congo has re-opened the airport in the capital city of the province hit hardest by the ongoing Ebola outbreak, a government statement said, reversing a move that some residents said had cut them off from critical supplies. The government in Kinshasa announced last month that it was suspending passenger flights to Bunia, the main airport in Ituri, where the first Ebola cases […]

June 2 (Reuters) – Marvell Technology’s shares surged more than 24% in premarket trading on Tuesday after Nvidia CEO Jensen Huang called the chipmaker the next “trillion-dollar company.” Huang and Marvell CEO Matt Murphy were speaking at an event at the Computex week in Taipei on Tuesday. Marvell shares were last up 24.4% at $272.9, set to add more than $47.2 billion in market capitalisation if gains hold. Nvidia shares […]

June 2 (Reuters) – Hewlett Packard Enterprise shares rallied nearly 29% in premarket trade on Tuesday, as investors cheered the AI server maker pulling forward its long-term financial targets by two years, buoyed by strong AI infrastructure demand. HPE, which competes with Dell Technologies and Super Micro Computer in enterprise servers, is seeing sustained demand as large enterprises bring forward purchases to avoid supply risks amid surging memory chip prices. […]

June 2 (Reuters) – An Estee Lauder merger with Jean Paul Gaultier-owner Puig failed to go through because of the price tag, Stephane de La Faverie, President and CEO of the U.S. cosmetics maker said on Tuesday, but added the company was still open to acquisitions if they made financial sense. Estée Lauder and Puig ended negotiations late last month that would have created a premium beauty giant better positioned to […]

VANCOUVER, British Columbia (AP) — Manny Malhotra was hired as coach of the Vancouver Canucks on Monday night. The former Canucks forward takes over for Adam Foote, who was fired last month after Vancouver finished last in the NHL during his only season behind the bench. Malhotra becomes the 23rd head coach in franchise history and the latest Canucks player to be promoted by the team as it begins its […]

By Gianluca Lo Nostro June 2 (Reuters) – Abivax shares tumbled on Tuesday after the French biotech reported late-stage data for its experimental inflammatory bowel drug, with investors focusing on safety concerns even as the treatment showed strong efficacy. The shares were down 30% in early Paris trading, leading losses on Europe’s STOXX 600 benchmark index, after a spectacular rally last year that saw the stock rise more than 16-fold. […]

COPENHAGEN, Denmark (AP) — Social Democrat Mette Frederiksen is set to begin a third term as Denmark’s prime minister, leading a center‑left coalition of four parties after two months of negotiations. Besides Frederiksen’s own party, the new government will include the centrist Moderate party of outgoing Foreign Minister Lars Løkke Rasmussen, the Green Left (SF) and the Danish Social Liberal Party, the Danish Royal House said in a statement Monday. […]

By Olivia Le Poidevin GENEVA, June 2 (Reuters) – The United Nations weather agency on Tuesday forecast a moderate or possibly strong El Nino that could drive up global temperatures and increase the risk of extreme weather over the coming months.  El Nino is a periodic warming of sea surface temperatures in the central and eastern Pacific Ocean, ​which typically lasts between nine and 12 months, according ​to the World Meteorological […]