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Chevron boosted by strong crude demand

The second-largest US oil major expects a surge in output in the next three years despite selling down some projects as part of a divestment strategy

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Jana Partners, Greenlight Capital report losses for July -sources

BOSTON, Aug 1 (Reuters) – Hedge fund managers Barry Rosenstein and David Einhorn, like many other investors, were hurt by last month’s late but sharp stock market selloff and are reporting losses for…

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UPDATE 2-Biota’s lead drug fails mid-stage study, shares slump

Aug 1 (Reuters) – Biota Pharmaceuticals Inc said its influenza treatment failed to meet the main goal in a mid-stage study, about two months after the company lost a key government contract…

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