Tag: HEA

  • Pfizer signs $43 billion Seagen deal to promote cancer drugs

    March 13 (Reuters) – Pfizer Inc (PFE.N) closed a roughly $43 billion deal on Monday for Seagen Inc (SGEN.O) to expand its cancer treatment portfolio as the drugmaker braces for a sharp drop in COVID -19 product sales and loss of exclusivity for some top sellers. The deal, Pfizer’s largest in a series of acquisitions […]

  • Oil Sets on Hope in Chinese Demand, Post Weekly Gains

    Oil benchmarks settle at highest level in 3 weeks Report UAE may leave OPEC ‘far from the truth’, sources say Chinese data, record US exports support oil prices Dollar falls; analysts see more weakness in the next 12 months BENGALURU, March 3 (Reuters) – Oil prices recovered from a brief sell-off to rise more than […]

  • Walgreens will not provide abortion pills in some Republican states

    March 2 (Reuters) – Walgreens Boots Alliance Inc (WBA.O) said on Thursday it will not provide abortion pills in the states of 20 Republican attorneys general who have told the pharmacy chain it risks breaking the law if it meets the law states provided by mail. The decision comes after the U.S. Food and Drug […]

  • Factory activity in China stuns with fastest growth in a decade

    Feb official manufacturing PMI highest since April 2012 Non-manufacturing PMI highest since March 2021 BEIJING, March 1 (Reuters) – Manufacturing activity in China grew at its fastest pace in more than a decade in February, an official index showed on Wednesday. This exceeded expectations as production whizzed after the lifting of COVID-19 restrictions late last […]

  • China’s urban employment, per capita spending recorded rare declines in 2022

    BEIJING, Feb. 28 (Reuters) – Employment in China’s cities fell last year for the first time in six decades and per capita spending also fell rarely as harsh COVID-19 restrictions hit the world’s second-largest economy. ravaged the world. The new data from Statistics Netherlands also showed the smallest income growth in more than three decades. […]

  • Nissan raises global EV targets; to increase localization in the US

    TOKYO, Feb. 27 (Reuters) – Nissan Motor Co Ltd (7201.T) on Monday raised its sales targets for electrified cars, saying it will increase powertrain production in the United States as it appears to be catching up in a segment dominated by newer automakers such as Tesla Inc (TSLA.O). The Japanese automaker pioneered electric vehicles (EVs) […]

  • Warren Buffett remains optimistic and preaches patience in an annual letter

    Feb. 25 (Reuters) – Billionaire investor Warren Buffett indicated on Saturday that he has not yet lost his continued faith in the US economy and his company Berkshire Hathaway Inc (BRKa.N). In his annual letter to Berkshire shareholders, the 92-year-old Buffett urged investors to focus on the long-term big picture, rather than higher inflation and […]

  • Four-day workweek favored by UK employers in world’s largest trial

    Nine out of ten pilot farms adhere to a four-day working week Companies say that employees work more in less time The four-day work week is gaining traction, but some companies are still hesitant LONDON, Feb. 21 (Reuters) – Dozens of British employers trying out a four-day work week have mostly decided to stick with […]

  • Strike at German airports of nearly 300,000 passengers

    BERLIN, Feb. 17 (Reuters) – A 24-hour strike at seven German airports, including Frankfurt and Munich, was expected to affect nearly 300,000 passengers on Friday as union workers pushed for higher wages and threatened a summer of “chaos” if their demands were not met. The strike coincided with the start of the Munich Security Conference, […]