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Analysis: U.S. move to negotiate drug prices a rare defeat for Big Pharma
By Ahmed Aboulenein WASHINGTON (Reuters) - Big Pharma spent more than any other industry to lobby Congress and federal agencies this year, a Reuters analysis shows, but is still on course for a major ...
Syndicated Content Aug 12, 2022
New York gun bans alarm residents of upstate bear country
By Jonathan Allen VANDERWHACKER MOUNTAIN WILD FOREST, N.Y. (Reuters) - Gunfire has long echoed in New York's Adirondack Mountains. Children blast skeet from the sky after school and parents mingle and...
Syndicated Content Aug 12, 2022
With Alibaba stake cut, SoftBank’s Son cools toward China tech
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp's decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed at shoring up cash reserves, but it also underlines how ...
Syndicated Content Aug 12, 2022
Mercedes Benz: CATL battery plant in Hungary will help reach production goals
BERLIN (Reuters) - Mercedes Benz said the new CATL battery plant in Hungary marked the next milestone towards the German carmaker's goal of reaching battery production capacity of more than 200 gigawa...
Syndicated Content Aug 12, 2022
China’s CATL to build new $7.56 billion battery plant in Hungary
SHANGHAI (Reuters) - Chinese battery giant Contemporary Amperex Technology Co Ltd (CATL) said on Friday that it plans to invest in a new battery plant in Hungary that will cost up to 7.34 billion euro...
Syndicated Content Aug 12, 2022
Several Chinese state-owned companies to delist from NYSE
SHANGHAI (Reuters) - Several Chinese state-owned companies including China Life Insurance and Aluminum Corporation of China announced plans on Friday to voluntarily delist from the U.S. stock market. ...
Syndicated Content Aug 12, 2022
Germany’s BaFin calls on Allianz to improve controls – WirtschaftsWoche
FRANKFURT (Reuters) - Germany's financial watchdog BaFin has called on Allianz to improve its internal controls following fraud at its U.S. funds unit, WirtschaftsWoche reported on Friday. The regulat...
Syndicated Content Aug 12, 2022
Exclusive-Europe eyes SpaceX to fill launch void left by Russian tensions
By Tim Hepher and Joey Roulette PARIS (Reuters) - The European Space Agency (ESA) has begun preliminary technical discussions with Elon Musk's SpaceX that could lead to the temporary use of its launch...
Syndicated Content Aug 12, 2022
Bayer welcomes ruling against BASF claim on seed businesses
BERLIN (Reuters) - Bayer on Friday welcomed a decision by an arbitration court to dismiss a claim by BASF that it overpaid for assets sold by Bayer to secure antitrust clearance for the takeover of Mo...
Syndicated Content Aug 12, 2022
Indonesia July trade surplus seen narrowing amid slowing global trade
JAKARTA (Reuters) - Indonesia's trade surplus may have narrowed to $3.93 billion last month due to weakening export performance as global trade activity slows, according to economists polled by Reuter...
Syndicated Content Aug 12, 2022
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