Investing.com -- UBS continues to view the medical devices sector as a high-quality, defensive investment theme, supported by long-term demographic shifts and rising global demand. In its Tuesday report, the bank reiterated that the sector is benefiting from structural trends tied to longevity, increasing global life expectancy, and greater adoption in emerging markets. Medical devices are seen as ...
Investing.com -- The Supreme Court has cleared the path for the Trump administration to proceed with large-scale federal workforce reductions, reviving a controversial effort that had been paused since May. The ruling lifted a lower-court order that had temporarily blocked the administration’s Reduction in Force (RIF) plans, allowing agencies to move forward with layoffs even as legal challenges ...
(Reuters) -A preliminary report into the Air India crash that killed 260 people last month showed the plane’s engines fuel cutoff switches almost simultaneously flipped from run to cutoff, starving the engines of fuel. Here is the sequence of events - by the seconds - on June 12, as detailed by Indian investigators in their preliminary report released on Saturday: 05:47 GMT (11:17 a.m. IST) – ...
(Reuters) -A U.S. court on Friday ruled against China-based Hesai Group in the lidar manufacturer’s lawsuit against the U.S. government for adding it to a blacklist of companies allegedly working with Beijing’s military. The U.S. District Court for the District of Columbia ruled that the Defense Department’s finding that Hesai contributes "to the Chinese defense industrial base" is supported ...