TOKYO (dpa-AFX) - Nxera Pharma Co., Ltd. (SOLTF) on Tuesday said it received a $10 million milestone payment from AbbVie (ABBV) after achieving a fourth R&D milestone under their multi-target drug discovery collaboration focused on neurological diseases.The companies partnered in 2022 to discover G…
WASHINGTON (dpa-AFX) - Pacira BioSciences Inc. (PCRX) on Tuesday announced an agreement to divest its iovera business to Zimmer Biomet Holdings (ZBH) for up to $140 million.The transaction is expected to close in the third quarter of 2026.The deal includes an upfront payment of $70 million and up t…
ANKARA (dpa-AFX) - Turkey's foreign trade deficit decreased in May from a year ago as imports fell faster than exports, the Turkish Statistical Institute reported Tuesday.The trade deficit narrowed to $5.6 billion in May from $6.6 billion in the same month last year. The shortfall totaled $8.5 bill…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
WASHINGTON (dpa-AFX) - FactSet Research Systems Inc.(FDS), a financial data and AI solutions provider, on Tuesday announced a strategic partnership with Google Cloud to create AI-powered solutions for the financial industry.Sanoke Viswanathan, CEO of FactSet, said: 'AI is fundamentally shifting how…
CANBERA (dpa-AFX) - The Japanese yen weakened against other major currencies in the Asian session on Tuesday, amid growing risks of intervention in the foreign exchange market of Japan.Following a conversation between U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Satsuki Katay…
DALLAS (dpa-AFX) - Telecom operator AT&T Inc. (T) announced on Tuesday that it will expand its Build-A-Plan wireless service from July 7 to let customers add AT&T Fiber or AT&T Internet Air home internet to their wireless plan.Build-A-Plan lets customers adjust wireless services month-to-month base…
WASHINGTON (dpa-AFX) - The U.S. Coast Guard seized more than $63 million worth of illicit drugs as a result of three interdictions in international waters of the Eastern Pacific Ocean.The crew aboard the Coast Guard cutter Bear offloaded approximately 7,720 pounds of cocaine and 4,000 pounds of mar…
WASHINGTON (dpa-AFX) - After another weekend of strikes involving the United States and Iran, renewed diplomatic efforts on Monday have eased immediate fears of escalation, but the economic shockwaves are already taking a heavy toll on some of the world's poorest countries.According to the UN Devel…
BRUSSELS (dpa-AFX) - The Danish economic growth accelerated less than estimated in the first quarter, the latest data from Statistics Denmark showed on Tuesday.Gross domestic product advanced 1.5 percent sequentially in the first quarter, after a 0.5 percent rise in the fourth quarter. In the flash…
WASHINGTON (dpa-AFX) - The U.S. Food and Drug Administration announced the selection of seven companies to participate in the FDA PreCheck Pilot Program, a new initiative designed to boost American global competitiveness, strengthen domestic drug manufacturing, and improve the resilience of the U.S…
BRUSSELS (dpa-AFX) - Germany's unemployment declined unexpectedly in June and the jobless rate remained unchanged, official data revealed Tuesday.The number of people out of work decreased 1,000 in June after falling 12,000 in May, the Federal Employment Agency reported. Economists had forecast an…
WASHINGTON (dpa-AFX) - Cryptocurrencies extended losses in the past 24 hours amidst the U.S. Dollar's recent strength that dampened appetite for risk assets including cryptocurrencies. Lingering concerns about rate hikes by the Federal Reserve also weighed on sentiment.Uncertainty also prevailed as…
ROME (dpa-AFX) - Consumer price inflation in Italy moderated slightly in June from a 32-month high in May, preliminary data from the statistical office showed on Tuesday.Consumer price inflation slowed to 3.0 percent in June from May's 3.2 percent, which was the highest inflation rate since Septemb…
BRUSSELS (dpa-AFX) - The UK stock market gained significant ground in positive territory on Tuesday, led by strong gains in the mining sector. Renewed optimism surrounding Artificial Intelligence, and expectations of a solution to the Middle East crisis contribute to the positive mood in the market…
SEATTLE (dpa-AFX) - Amazon.com Inc. (AMZN) on Tuesday unveiled new summer savings for Prime members ahead of the Fourth of July holiday, including fuel discounts, grocery deals and additional benefits for Prime Access members.Prime, Prime Access and Prime for Young Adults members will be able to s…
WASHINGTON (dpa-AFX) - The U.S. Supreme Court, in a landmark ruling on Monday, upheld President Donald Trump's firing of Democratic Federal Trade Commission member Rebecca Slaughter, saying the President has the power to remove the leaders of independent federal agencies.In the 6-3 majority opinion…
PARIS (dpa-AFX) - France's consumer price inflation slowed more than expected in June due to the sharp slowdown in prices of energy, provisional data from the statistical office INSEE showed Tuesday.The consumer price index posted an annual increase of 1.8 percent in June, following May's 2.4 perce…
