6+ day, 13+ hour ago   (191+ words) Sept 7 (Reuters) – Novo Nordisk said on Monday it had halted two additional trials of its ​experimental cardiovascular drug ziltivekimab, further ‌denting the Danish drugmaker’s efforts to diversify beyond its blockbuster obesity and diabetes franchise. In July, Novo said ziltivekimab failed…...

1+ week, 6+ day ago   (851+ words) Aug 31 (Reuters) – China is slowing down a long rally in the yuan and is likely to keep further currency gains to a minimum this year, market participants say, as authorities step in to support exporters. The move could cause friction…...

2+ week, 2+ day ago   (313+ words) By Kamal Choudhury and Mariam Sunny Aug 28 (Reuters) – The U.S. Food and Drug Administration has approved a first-of-its-kind drug from Takeda Pharmaceutical and Protagonist Therapeutics to treat ​a rare blood cancer, the health regulator said on ‌Friday. The approval of…...

2+ week, 5+ day ago   (218+ words) By Marwa Rashad and Nora Buli LONDON/OSLO, Aug 26 (Reuters) – Six months into the U.S.-Iran war, Qatar is among the ​conflict’s biggest economic casualties, with its ‌liquefied natural gas exports slashed by 96%, data shows. Saudi Arabia, the UAE, Iraq…...

2+ week, 6+ day ago   (515+ words) HONG KONG, Aug 25 (Reuters) – The U.S. dollar regained some strength on Tuesday, as investors parsed Washington’s expanded sanctions against Iran and renewed efforts to ease pressure on longer-dated Treasury yields, while cryptocurrencies extended a rally on debasement fears. U.S....

2+ week, 6+ day ago   (494+ words) By Ishaan Arora and Jeslyn Lerh SINGAPORE, Aug 25 (Reuters) – Oil prices recovered ground on Tuesday after settling down more than 2% in the previous session, with investors assessing the impact of the latest U.S. sanctions against Iran. Brent crude futures rose…...

2+ week, 6+ day ago   (100+ words) KWSN US SEC investigating Situational Awareness trades that led to July meltdown, source says Aug 24 (Reuters) – The U.S. Securities and ​Exchange Commission is investigating the timing of trades that led ​to ⁠steep losses ⁠at AI-focused hedge fund Situational Awareness, a…...

3+ week, 1+ day ago   (233+ words) Aug 21 (Reuters) – Scholar Rock said on Friday it withdrew its European application for the experimental spinal muscular atrophy drug and ​plans to resubmit it with a different ‌manufacturing site after issues at a Novo Nordisk-owned facility. Last year, the U....

3+ week, 3+ day ago   (573+ words) SINGAPORE, Aug 21 (Reuters) – The dollar slid on Friday and was set for a weekly loss, as investors viewed the U.S. Treasury’s bond buyback gambit as merely a temporary fix, while raising fresh concerns about officials’ increasingly interventionist approach. U.S....

3+ week, 4+ day ago   (441+ words) HONG KONG, Aug 19 (Reuters) – The U.S. dollar drifted near multi-month lows against major peers on Wednesday as Treasury yields eased from recent highs, with investors awaiting minutes of the Federal Reserve’s latest policy meeting for clues ​on the path of…...