Biopharma firm Acelyrin valued at $2.1 billion in strong market debut

[ad_1] May 5 (Reuters) – Shares of Acelyrin Inc (SLRN.O) rose 28% in their Nasdaq debut on Friday, giving the biopharma company a market capitalization of $2.1 billion. The Los…

Beiersdorf benefits from bump in Nivea sales

[ad_1] April 26 (Reuters) – Beiersdorf’s (BEIG.DE) Nivea brand recorded 18% sales growth in the first quarter of 2023 thanks to price hikes, the German firm said on Wednesday, confirming…

Wall St posts slim gain ahead of big earnings week

[ad_1] US business activity rises to 11-month high in April Procter & Gamble gains on upbeat sales forecast Amazon rises as research firm predicts upbeat retail sales Albemarle falls on…

L’Oreal sees post-pandemic ‘roaring 20s’ driving cosmetics rebound

[ad_1] PARIS, Feb 12 (Reuters) – L’Oreal (OREP.PA), the world’s biggest cosmetics group, forecast a strong rebound in makeup sales when the COVID-19 pandemic gives way to a “roaring 20s”…

Shein, Temu in fierce fight over US market for $10 dresses

[ad_1] NEW YORK/SHANGHAI, March 9 (Reuters) – Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The…