Business - Page 157

GSK (GlaxoSmithKline), a British pharmaceutical giant, announced a significant milestone for its blood cancer drug, Blenrep, on Monday. The drug achieved a crucial objective in a late-stage clinical trial, marking a pivotal

Octopus Energy, a prominent British energy company, announced on Monday that it has acquired a 12.5% ownership stake in the Walney Extension offshore wind farm, a substantial 660 megawatt (MW) renewable energy

UBS Chairman Colm Kelleher has voiced his concerns regarding the Swiss financial industry regulator, FINMA, and its need for increased regulatory authority. Kelleher made these remarks during the FT’s Global Banking Summit

Derek Chauvin, the former Minneapolis police officer who was convicted in the death of George Floyd, faced a violent incident in an Arizona prison, as confirmed by Minnesota Attorney General Keith Ellison

Germany’s budget crisis has ignited a fresh push for reforming the country’s self-imposed borrowing limits, even among opposition conservatives, as the imperative for much-needed investment takes precedence over prior fiscal conservatism. A

Holiday shoppers in the United States are actively hunting for the best deals and strategically capitalizing on the steepest discounts as they prepare for Cyber Monday, according to data compiled from retailer

China’s tech giant, Huawei, announced on Sunday its plans to transfer core technologies and resources from its smart car unit to a new joint venture, with up to 40% ownership by the

Russia’s crucial oil trade routes have encountered a significant challenge due to the complications arising from payments in currencies other than the US dollar, and a quick resolution seems elusive. For decades,

A year following the enactment of the most extensive climate change legislation in U.S. history, designed to ignite a surge in American clean energy development, President Joe Biden’s agenda is being challenged

Russian retailer Magnit announced on Friday the successful completion of a buyback valued at approximately $736 million, providing an exit opportunity for Western investors whose assets had been locked in Russia due