UK

Britons open wallets to secure White Cliffs of Dover for nation

LONDON (Reuters) – A British charity seeking to buy land abutting the White Cliffs of Dover to secure the landscape for the nation says it has hit its target to raise one million pounds ($1.3 million) in just three weeks. The chalk cliffs, seen as a symbol of Britain’s identity as a proud island nation, […]

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Fastjet to raise cash to fund South Africa, Mozambique growth

(Reuters) – African budget airline Fastjet Plc said on Friday it would raise not less than $44 million, in part through a placing, to fund expansion in South Africa and Mozambique. Fastjet plans an accelerated bookbuild to raise gross cash proceeds of $28 million and would sell 60 million shares to Solenta Aviation Holdings Limited […]

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Gold inches lower, on track for worst month this year

By Nithin ThomasPrasad (Reuters) – Gold fell on Friday, inching towards the previous session’s six-week low as the dollar strengthened, with prices set for their biggest monthly fall this year. Spot gold declined 0.2 percent to $1,284.28 per ounce at 0434 GMT, on track to register a 2.8 percent decline in September, the largest monthly […]

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Petra Diamonds reaches wage agreement with South Africa’s NUM

(Reuters) – Petra Diamonds Ltd said on Thursday it had reached an agreement with South Africa’s National Union of Mineworkers (NUM) on pay at the company’s Finsch and Koffiefontein operations, ending a strike at the two mines. Employees would return to normal duties on Sept. 29, the company said in a statement. Petra added that […]

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Trial data suggest new typhoid shot could halve infection rate

By Kate Kelland LONDON (Reuters) – A new typhoid vaccine developed by privately-held Bharat Biotech proved safe and highly immunogenic in a study and could be used to prevent millions of infections if it succeeds in final-stage clinical trials, researchers said on Friday. Typhoid fever affects between 12 and 20 million people worldwide in regions […]

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Eli Lilly wins U.S. approval for breast cancer drug

By Bill Berkrot (Reuters) – The U.S. Food and Drug Administration said on Thursday it approved an Eli Lilly and Co drug to treat advanced breast cancer that has progressed following prior treatment. The drug, abemaciclib, which will be sold under the brand name Verzenio, will carry a list price before any discounts or rebates […]

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