By Alister Doyle OSLO (Reuters) – Twelve major cities including London, Paris, Los Angeles and Cape Town promised on Monday to buy only zero-emissions buses from 2025 and to make major areas free of fossil fuel emissions by 2030 to protect the environment. The 12, with a combined population of almost 80 million, said they […]
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By Ben Hirschler LONDON (Reuters) – GlaxoSmithKline has won U.S. approval for a new and improved shingles vaccine, the second of three key products for which the British drugmaker expects approval this year. It also secured a recommendation from UK cost authorities for a $700,000 gene therapy for so-called “bubble boy” disease — a step […]
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(Reuters) – GlaxoSmithKline’s gene therapy for the so-called “bubble boy” disease was approved by Britain’s healthcare cost watchdog NICE, despite a price tag of almost 600,000 euros ($700,000). Gene therapy is designed to deliver a one-off cure for the patient and drugmakers are typically asking a hefty price that is comparable to the combined costs […]
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By Muyu Xu and David Stanway BEIJING/SHANGHAI (Reuters) – China will strive to comply fully with its own air quality standards by 2035, the country’s environment minister said on Monday, adding that the long and difficult battle against pollution would eventually benefit the economy. Speaking on the sidelines of China’s Communist Party Congress, Minister of […]
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By Edward McAllister MONROVIA (Reuters) – Crammed into tumble-down shacks on a sandspit that the Atlantic Ocean is steadily devouring, the residents of Liberia’s most notorious slum have one common desire: an end to their daily struggle with dire poverty. Next month, when the 75,000 inhabitants of the capital Monrovia’s West Point neighbourhood decide who […]
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By Elaine Lies TOKYO (Reuters) – A rapidly weakening typhoon Lan made landfall in Japan on Monday, setting off landslides and flooding that prompted evacuation orders for tens of thousands of people, but then headed out to sea after largely sparing the capital, Tokyo. Four people were reported killed, hundreds of plane flights canceled, and […]
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TOKYO (Reuters) – Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit. Toshiba, which separated out the unit in April as a prelude to a sale, said it […]
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ZURICH (Reuters) – Novartis on Monday said the U.S. Food and Drug Administration has granted breakthrough therapy status to the combination of Tafinlar and Mekinist to treat patients with BRAF V600-positive stage III melanoma following surgery. “There is a need for more effective treatment options for stage III melanoma patients at a high risk of […]
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By Anna Irrera NEW YORK (Reuters) – JPMorgan Chase & Co <JPM.N> has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable. The bank, whose fixed-income trading revenue slumped last quarter, has signed a multi-year deal to use Mosaic Smart Data’s technology division globally, the […]
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By Elzio Barreto HONG KONG (Reuters) – China Literature Ltd, China’s largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital publishing business. Tencent Holdings Ltd controls China Literature with a 62 percent stake. Private equity firm Carlyle […]
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By Alwyn Scott NEW YORK (Reuters) – The U.S. Environmental Protection Agency has canceled plans for three of its scientists to speak on climate change at a conference in Rhode Island on Monday, an official said on Sunday. Tom Borden, program director for the Narragansett Bay Estuary Program, confirmed that the EPA had on Friday […]
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By David Stanway SHANGHAI (Reuters) – After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China’s streets. The plant has secured licenses and is undergoing upgrades to handle a fast-growing mountain of […]
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