(Reuters) – Japan-based Astellas Pharma on Wednesday withdrew a lawsuit filed against the U.S. government, days after its prostate cancer drug was spared from the first list of drugs that will b[...]
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September 7, 2023
Analysis-Default dodged, but Country Garden’s upcoming debt payments stir worries
By Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) – Creditors of Country Garden Holdings are doubtful the Chinese developer will be in a position to service debt that will come due lat[...]
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Toyota mobility tech unit CEO Kuffner to leave post
By Daniel Leussink TOKYO (Reuters) – James Kuffner, the chief executive of Toyota Motor’s autonomous driving technology unit Woven by Toyota, will step down from his post effective Oct. 1,[...]
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Raymond Ackerman, founder of South African grocer Pick n Pay, dies at 92
JOHANNESBURG (Reuters) – Raymond Ackerman, who founded Pick n Pay from just four stores 56 years ago and turned them into one of South Africa’s leading grocery retailers, has died aged 92,[...]
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Temasek leads $140 million Ola Electric funding at $5.4 billion valuation – sources
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Singapore’s investment firm Temasek led a $140 million funding round in India’s Ola Electric at a valuation of $5.4 billion, two[...]
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Malaysia central bank keeps rates on hold as inflation, growth cool
By Rozanna Latiff and Danial Azhar KUALA LUMPUR (Reuters) – Malaysia’s central bank on Thursday kept its benchmark interest rate unchanged for the second straight meeting, as economic grow[...]
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BOJ policymaker calls for keeping ultra-easy policy, sets high bar on exit
By Leika Kihara KOCHI, Japan (Reuters) -Bank of Japan policymaker Junko Nakagawa on Thursday stressed the need to maintain ultra-loose monetary policy and set a high hurdle for ending negative interes[...]
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Analysis-Climate change adds workplace costs and hazards
By Mark John (Reuters) – As Texas baked in this summer’s record temperatures, local UPS driver Chris Begley started feeling unwell before collapsing at a customer’s premises. The 57-[...]
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With Indian rupee near record low, cenbank steps up NDF intervention
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India has been frequently intervening in the non-deliverable forward (NDF) market to make sure that the rupee does not drop to a record low,[...]
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