By Alexandra Alper WASHINGTON (Reuters) -Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner approval from a powerful panel reviewing its $14.9 billion bid for U.S. Steel, a letter seen by Reuters shows. The letter, sent Saturday, sets …
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled higher on Wednesday after U.S. crude inventories fell and the U.S. Federal Reserve cut interest rates as expected, but gains were capped as the Fed signalled it would slow the pace of cuts. Brent futures settled up 20 cents, or 0.27%, to $73.39 a barrel. U.S. West …
Oil settles up after US crude stocks fall, Fed’s 2025 outlook curbs gains Read More »
(This Dec. 17 story has been corrected to say that the EU regulator reversed its July decision in November to recommend approval for Biogen’s drug, Leqembi, in paragraph 8) (Reuters) – China’s medical regulator has approved Eli Lilly’s treatment for early Alzheimer’s, providing patients with another option after Eisai and Biogen’s Leqembi received approval in …
Eli Lilly’s Alzheimer’s treatment approved in China Read More »
(Reuters) -The U.S. Supreme Court agreed on Wednesday to hear a bid by TikTok and its China-based parent company ByteDance to block a law intended to force the sale of the short-video app by Jan. 19 or face a ban on national security grounds. The highest U.S. court did not immediately act on a request …
(Reuters) – Japanese carmakers Honda and Nissan are in talks to deepen ties, according to sources, including a possible merger, as challenges from Tesla and Chinese rivals urge a restructuring of Japan’s auto industry. The two Japanese companies combined would become the world’s third-largest auto group by vehicle sales after Toyota and Volkswagen. SALES Honda …
Factbox-How Nissan and Honda stack up against each other Read More »
(Reuters) -Honda and Nissan are in talks to deepen ties, two people said on Wednesday, including a possible merger, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals. Here are comments from experts: KOJI ENDO, SENIOR ANALYST AND HEAD OF EQUITY RESEARCH, …
Experts’ comments on talks between Honda and Nissan to deepen ties Read More »
By Summer Zhen HONG KONG (Reuters) – Hong Kong’s securities regulator on Wednesday approved four cryptocurrency exchanges in the city’s latest effort to stay competitive in a race to become a global centre for digital asset trading. Hong Kong has been promoting itself as a hub for assets such as cryptocurrencies in a effort to …
Hong Kong approves four more cryptocurrency exchanges Read More »
By Maki Shiraki and Norihiko Shirouzu TOKYO (Reuters) -Honda and Nissan are in talks to deepen ties, two people said on Wednesday, including a possible merger, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals. A combined Honda and Nissan would create …
Honda, Nissan move to deepen ties, sources say, including possible merger Read More »
By Bhanvi Satija (Reuters) -Merck has signed a licensing deal worth up to $2 billion for Chinese biotech Hansoh Pharma’s experimental oral drug to treat obesity on Wednesday, becoming a late contender in the race to offer a weight-loss pill to replace weekly shots. The U.S. drugmaker said it will develop, manufacture and potentially sell …
Merck signs up to $2 billion deal for oral weight-loss drug with China’s Hansoh Read More »
COLOMBO (Reuters) – Sri Lanka is unconcerned about the Adani Group’s dealings with other countries and only focused on its $1 billion worth of projects in the island nation, President Anura Kumara Dissanyake told Indian media during an official visit to Delhi this week. Dissanayake was on his first state trip to Sri Lanka’s powerful …
Sri Lanka unconcerned with Adani Group’s dealings with other countries – report Read More »
