(This Jan. 6 story has been corrected to fix the final paragraph to say 2 billion trips to be made, not 2 billion people to travel) By Joe Cash and Ellen Zhang BEIJING (Reuters) – After three ye[...]
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Health
Eisai, Biogen get U.S. FDA approval for Alzheimer’s drug, apply for full approval
By Julie Steenhuysen and Deena Beasley (Reuters) -The U.S. Food and Drug Administration on Friday approved the Alzheimer’s drug lecanemab developed by Eisai Co Ltd and Biogen Inc for patients in[...]
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Hermes expands in Nanjing as luxury industry bets on Chinese return
By Mimosa Spencer PARIS (Reuters) – Birkin bag maker Hermes is opening a new, enlarged store in China’s Nanjing city, signalling the luxury industry’s confidence in a strong return o[...]
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Surging recovery bets on China stocks face reality check
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Chinese investors are doubling down on economic recovery bets, with a flurry of new fund launches this week riding on optimism about[...]
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China expects passenger traffic during Lunar New Year to double from 2022
BEIJING (Reuters) – China expects the total number of passenger trips made by travellers by road, rail, water and flight during the upcoming Lunar New Year to reach 2.1 billion this year, double[...]
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Moderna signs $35 million deal with cancer drug developer CytomX
(Reuters) – Moderna Inc on Thursday announced a $35 million licensing deal with cancer-focused drug developer CytomX Therapeutics to work on messenger RNA-based therapies for a wide range of dis[...]
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Walgreens to pause M&A deals, focus on healthcare pivot
By Raghav Mahobe and Aditya Samal (Reuters) – Walgreens Boots Alliance said on Thursday it will not strike new deals in the short term after a spate of acquisitions in recent years, as it focuse[...]
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J&J’s consumer health unit Kenvue files for IPO, moving closer to spin-off
(Reuters) -Johnson & Johnson’s consumer health unit Kenvue on Wednesday filed to be listed as an independent company, bringing the healthcare conglomerate a step closer to completing the big[...]
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Trader Joe’s is sued over lead, cadmium levels in dark chocolate
By Jonathan Stempel NEW YORK (Reuters) – Trader Joe’s was sued on Wednesday by a consumer who accused the grocery chain of misleading and endangering shoppers by selling dark chocolate tha[...]
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