(Reuters) -AstraZeneca and its partner Daiichi Sankyo have won approval from U.S. regulators for their precision drug Datroway to treat a type of lung cancer, marking the first approval of the therapy in this indication and expanding access for patients. Datroway has been approved in the United States, the world’s biggest pharmaceuticals market, to treat …
US approves AstraZeneca, Daiichi’s treatment for lung cancer Read More »
PORT LOUIS (Reuters) -Mauritius is inviting international investors to establish and operate a floating power plant as the Indian Ocean island nation seeks to address its growing energy needs, according to a tender issued by the state-owned Central Electricity Board. The proposed plant will run on heavy fuel oil, a request for proposals seen by …
Mauritius seeks investors for floating power plant to meet energy demand Read More »
By Aditi Shah MUMBAI (Reuters) -India’s Tata Motors, owner of luxury carmaker Jaguar Land Rover, said on Tuesday that rare-earth export curbs imposed by China have not caused it to press any “panic buttons” yet, and that its electric vehicle launches were on track. China’s curbs on rare-earth exports have disrupted the global auto industry, …
JLR-owner Tata Motors says no panic on rare earth curbs, EV launches on track Read More »
SINGAPORE (Reuters) -China is the main buyer of oil from Iran, which accounts for roughly 13.6% of purchases this year by the world’s largest crude importer, leaving Beijing uniquely exposed to any supply disruption from conflict in the Middle East. Beijing, which is also the biggest buyer of oil from Venezuela and a top importer …
Factbox-China’s heavy reliance on Iranian oil imports Read More »
By Yuka Obayashi TOKYO (Reuters) -Japan announced a cooperation framework with Siemens Gamesa Renewable Energy for the offshore wind sector, the industry ministry said on Tuesday, the latest public-private deal to build a resilient domestic renewable energy supply chain. With no wind turbine manufacturers in Japan, the aim is to work with global players to …
Japan’s industry ministry, Siemens Gamesa agree to cooperate on wind power Read More »
NEW DELHI/SINGAPORE (Reuters) -China has issued a second batch of 2025 naphtha import quotas, nearly doubling last year’s allocations, as demand rises due to disruptions in U.S. supplies of cheaper alternatives propane and ethane as well as new cracker startups, six trade sources said. The quotas, issued in mid-June, were extended to 10 chemical companies …
China doubles 2025 naphtha import quotas, sources say Read More »
BEIJING (Reuters) -China’s finance ministry said on Tuesday the next president of the Asian Infrastructure Investment Bank would be Zou Jiayi, a former Chinese vice finance minister who is expected to lead efforts to expand the lender’s presence in major global financial centres. Zou will take office in January for a five-year term from Jin …
By Laurie Chen and Ethan Wang BEIJING (Reuters) -China, one of Iran’s closest allies and the biggest buyer of its oil, has stayed on the sidelines of its conflict with Israel, urging a diplomatic solution. Following are details of its investments in Iran: COOPERATION PACT: Beijing has long backed U.S.-sanctioned Tehran as part of efforts …
Factbox-What are China’s economic interests in Iran? Read More »
SEOUL (Reuters) -South Korean game company Krafton Inc said on Tuesday it had agreed to buy Japan’s advertising and animation group ADK for 75 billion yen ($516.21 million). Krafton, the developer and publisher of the blockbuster game “PUBG: Battlegrounds”, said in a statement it would acquire ADK Holdings’ parent company from Bain Capital Japan. ADK, …
South Korean game company Krafton to acquire Japan’s ADK for $516 million Read More »
TOKYO/NEW YORK (Reuters) -Several major Japanese banks are considering evacuating staff from the Middle East and Wall Street giant JPMorgan has restricted employee travel in the region as tensions escalate. The United States entered the war against Iran over the weekend with strikes against three key nuclear sites, joining Israel’s military campaign to cripple Tehran’s …
Japanese megabanks weigh Middle East evacuations, JPMorgan limits travel Read More »
