(Reuters) – AstraZeneca said on Thursday that a combination of its cancer drug Lynparza and abiraterone has been approved in the United States for the treatment of BRCA-mutated metastatic castration-resistant prostate cancer. The company said the combination treatment reduced the risk of disease progression or death by 76% compared with usage of abiraterone alone. (Reporting…
(Corrects title in last paragraph) (Reuters) – Stellantis will invest 160 million euros ($176.13 million) at its Rennes plant to launch a 100% electric compact Sports Utility Vehicle (SUV) in 2025, the Franco-Italian-American car manufacturer said on Thursday. Stellantis will use the investment to set up a battery assembly workshop as well as one dedicated…
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators have stepped up a long-running investigation into potentially defective air bag inflators that can cause metal fragments to strike vehicle occupants, saying it required auto supplier ARC Automotive Inc to answer questions. The National Highway Traffic Safety Administration (NHTSA) in May demanded the recall of 67…
CAPE TOWN (Reuters) – The BRICS Summit of heads of state will be held in Johannesburg in August, Foreign Minister Naledi Pandor said on Thursday, after speculation that it could be held elsewhere. (Reporting by Wendell Roelf and Nellie Peyton; Writing by Bhargav Acharya)
LONDON (Reuters) – The largest owner of IKEA stores has acquired supply chain software firm Made4Net as the Swedish furniture retailer plans a major expansion in the United States and aims to grow its online sales. Ingka Group’s investment arm Ingka Investments bought the company for an undisclosed sum, the company said, in order to…
By Alexander Marrow and Elena Fabrichnaya (Reuters) – Russia will hold its key lending rate at 7.5% next week, a Reuters poll showed on Thursday, with persistent inflation risks seen preventing the central bank from easing the cost of borrowing and limiting Russia’s growth this year to 0.7%. Last year, the Bank of Russia gradually…
(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Thursday Kyiv wanted to receive a “clear” decision on its future in the NATO military alliance when the bloc’s leaders meet in Vilnius in July. At a summit of over 40 European leaders in Moldova, he also said he wanted progress on Ukraine’s path to the European…
By Noele Illien and Stefania Spezzati ZURICH (Reuters) -Credit Suisse has repaid the liquidity backed by the Swiss government, Finance Minister Karin Keller-Sutter said in an interview with Swiss broadcaster SRF aired late on Wednesday. The bank so far has not disclosed how much it had borrowed under the so-called public facility backstop (PLB) –…
By Carien du Plessis JOHANNESBURG (Reuters) -South Africa is mulling legal options if Russian President Vladimir Putin, the subject of a war crimes arrest warrant, attends a BRICS emerging economies summit in Johannesburg in August, Foreign Minister Naledi Pandor said on Thursday. The International Criminal Court has issued a warrant for Putin related to Russia’s…
PARIS (Reuters) – Upcoming interest rate hikes will be marginal, said European Central Bank (ECB) member and Bank of France governor Francois Villeroy de Galhau, who added that rate hikes were beginning to have an impact on inflation. “The increases in interest rates that we still have to do are relatively marginal, most of the…
