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2 weeks ago |
cp24.com | Pushkala Aripaka |Tasim Zahid
AstraZeneca has signed a research agreement worth more than US$5 billion with Chinese drugmaker CSPC Pharmaceutical Group, the Anglo-Swedish drugmaker said on Friday. The deal marks the latest effort by AstraZeneca to revive its business in China, where it has faced several challenges including the arrest of its China president last year and potential fines related to imports.
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2 weeks ago |
today.westlaw.com | Anandita Mehrotra |Sherry Jacob-Phillips |Tasim Zahid |Muralikumar Anantharaman
(Reuters) -Canada's Dundee Precious Metals will acquire UK-based Adriatic Metals in a cash-and-stock deal valued at $1.25 billion, the companies said on Friday, marking the latest in a string of foreign takeovers of UK firms.
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2 weeks ago |
today.westlaw.com | Tomasz Janowski |Pushkala Aripaka |Tasim Zahid
(Reuters) -AstraZeneca has signed an AI-led research agreement with China's CSPC Pharmaceutical Group worth up to $5.3 billion, which would help the Anglo-Swedish drugmaker develop therapies for chronic conditions, it said on Friday.
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3 weeks ago |
today.westlaw.com | Arun Koyyur |Yamini Kalia |Tasim Zahid |Prerna Bedi
(Reuters) -NatWest Group on Monday named Solange Chamberlain, director of strategic development, as the CEO of its retail bank, in its first appointment by the UK lender after the country's government exited its full ownership.
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4 weeks ago |
today.westlaw.com | Mrinalika Roy |Shilpi Majumdar |Tasim Zahid
(Reuters) -EOG Resources said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica shale position. The Utica and Marcellus region is one of the world's most prolific and...
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4 weeks ago |
today.westlaw.com | Sriparna Roy |Vijay Kishore |Tasim Zahid
(Reuters) -Privately held Stealth BioTherapeutics said on Thursday the U.S. Food and Drug Administration had declined to approve its therapy for an ultra-rare condition called Barth Syndrome, prompting it to cut 30% of its workforce.
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1 month ago |
cp24.com | Medha Singh |Tasim Zahid
Shares of nuclear power soared in premarket trading after a Reuters report said U.S. President Donald Trump will sign executive orders aimed to jumpstart the nuclear energy industry as soon as Friday. Trump is expected to streamline the regulatory process for new reactor approvals and enhance fuel supply chains, four sources familiar with the matter told Reuters.
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1 month ago |
gurutrade.com | Deborah Mary Sophia |Tasim Zahid
May 21 (Reuters) - Shopify, on Wednesday rolled out a generative artificial intelligence feature that would allow merchants on its e-commerce platform to set up their online stores by entering descriptive keywords.
The "AI Store Builder" generates three store layouts, complete with images and text, based on the keywords, helping sellers significantly reduce the time and resources required to design their store website.
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1 month ago |
gurutrade.com | Sruthi Shankar |Varun H K |Tasim Zahid
Renewable energy firms rise
Salmar drops after Q1 results
Diploma hits record high
May 20 (Reuters) - European stocks edged higher on Tuesday, with utilities and telecom firms leading gains as investors awaited updates on U.S. tariff policy that has raised concerns about health of the global economy.
The pan-European STOXX 600 index rose 0.4% by 0851 GMT, hovering at a seven-week high.
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1 month ago |
gurutrade.com | Sruthi Shankar |Sherry Jacob-Phillips |Tasim Zahid
U.S. rating downgrade spooks investors
Luxury stocks hit by China data
Ryanair climbs after results
May 19 (Reuters) - European stocks dipped on Monday, following a five-week winning streak, as a surprise U.S. credit rating downgrade and weak economic data from China weighed on investor sentiment.
The pan-European STOXX 600 index fell 0.7% by 0913 GMT, retreating from seven-week highs touched on Friday.