Author: creative
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Baker Hughes shares set to rise on GE deal: Barron’s
NEW YORK (Reuters) – Shares of oilfield services company Baker Hughes Inc could rise significantly if it completes its merger with General Electric Co's oil and gas division, according to a report in Barron's. The companies announced the deal last month, just as competition in the sector started to heat up after several years of…
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Dutch destroy 190,000 ducks in first bird flu cull
Some 190,000 ducks were destroyed on Saturday at six farms in the Netherlands following an avian flu outbreak, the country’s first cull of an epidemic sweeping northern Europe. Outbreaks of avian flu, primarily the highly pathogenic H5N8 strain, have been reported in Denmark, Finland, Germany and Sweden over the past week. Dutch authorities did not…
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Johnson & Johnson approaches Actelion about takeover deal
By Paul Arnold and Ludwig Burger ZURICH/FRANKFURT (Reuters) – U.S. healthcare company Johnson & Johnson said on Friday it was in preliminary talks with Actelion about a potential takeover of Europe's largest biotech firm, currently valued at about $20 billion. Lung disease specialist Actelion confirmed it had been approached and said there was no certainty…
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China plans skiing, skating drive for 2022 Winter Games
China wants to get 300 million citizens involved in winter sports by the 2022 Beijing Winter Olympics and plans to encourage them by building more than 500 ice skating rinks and 240 ski slopes over the next six years, the government said. The country's top economic planner said on Friday that the number and scale…
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Alzheimer’s setback prompts rethink of Lilly, Biogen stock outlooks
By Lewis Krauskopf NEW YORK (Reuters) – Eli Lilly & Co’s massive setback for its experimental Alzheimer’s disease treatment on Wednesday sent investors scrambling to re-evaluate shares of the U.S. drugmaker and those of companies making competing therapies, including biotech stalwart Biogen Inc. Lilly shares tumbled 10.5 percent, and fell to their lowest point in…
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Amnesty says pro-Hadi Yemen fighters harassing medics in Taiz
Amnesty International accused pro-government Yemeni troops battling Houthi forces for control of the southwestern city of Taiz of harassing medical staff and putting fighters among the civilian population, in charges the authorities strongly denied. Civilians in Taiz, which had a pre-war population of 300,000, have been trapped by intense fighting, with dead bodies lying in…
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FDA lifts hold on AstraZeneca head and neck cancer trials
LONDON (Reuters) – U.S. officials have given a green light for two clinical trials testing AstraZeneca's cancer immunotherapy drug durvalumab in head and neck cancer to resume recruiting patients, lifting a hold imposed following cases of bleeding. The British drugmaker said on Tuesday that one of the late-stage Phase III trials had already re-opened for…
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Soccer-Messi misses Barcelona game with illness
Barcelona forward Lionel Messi missed his side’s La Liga game against Malaga on Saturday after being taken ill. “Leo Messi has been ruled out of Saturday’s game versus Málaga at the last minute,” the league champions said in a statement on Saturday. Messi is joint-top scorer in La Liga with eight goals, alongside strike partner…
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UN agency lifts Zika emergency, prepares for long-term fight
GENEVA (AP) — Acknowledging Zika is “here to stay,” the United Nations health agency on Friday lifted a 9-month-old emergency declaration and prepared for a longer-term response to the mosquito-borne virus that can result in severe neurological defects in newborns whose mothers were infected.
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UN agency lifts Zika emergency, prepares for long-term fight
GENEVA (AP) — Acknowledging Zika is “here to stay,” the United Nations health agency on Friday lifted a 9-month-old emergency declaration and prepared for a longer-term response to the mosquito-borne virus that can result in severe neurological defects in newborns whose mothers were infected.