China Evergrande gains more than 77% backing of Class A debt holders for debt restructuring incentive
HONG KONG (Reuters) – Embattled property developer China Evergrande Group said on Thursday that holders of more than 77% of…
Health
AstraZeneca beats estimates on strong emerging market sales as COVID wanes
By Natalie Grover and Maggie Fick LONDON (Reuters) -AstraZeneca on Thursday beat expectations for first-quarter profit and revenue, as buoyant…
Eli Lilly raises annual profit forecast on strength of diabetes drug
(Reuters) -Eli Lilly and Co on Thursday raised its annual revenue and profit forecasts after topping first-quarter sales estimates on…
Merck beats first-quarter expectations on Keytruda, Gardasil strength
(Reuters) -Drugmaker Merck & Co Inc on Thursday posted better-than-expected results for the first quarter on the strength of its…
Chinese spirit maker ZJLD drops 18% in Hong Kong debut, dimming IPO outlook
By Scott Murdoch and Donny Kwok (Reuters) -Chinese spirit maker ZJLD Group’s shares ended down 18% on their first day…
US challenges Tennessee ban on healthcare for transgender youth
By Kanishka Singh WASHINGTON (Reuters) – The U.S. Justice Department on Wednesday filed a complaint challenging a new Tennessee law…
Second judge says US not liable in Moderna COVID-19 vaccine patent case
By Blake Brittain (Reuters) – Moderna Inc failed to persuade a Delaware federal judge on Wednesday to shift liability from…
US FDA approves Seres Therapeutics’ pill for deadly C. difficile infections
(Reuters) -The U.S. health regulator on Wednesday approved Seres Therapeutics Inc’s pill for treating a type of bacterial infection, giving…
Biden administration urges appeals court to overrule abortion pill ban
By Brendan Pierson (Reuters) -President Joe Biden’s administration on Wednesday urged a U.S. appeals court to overrule a conservative Texas-based…
Humana lifts profit outlook as medical costs drop in govt plans
By Khushi Mandowara and Leroy Leo (Reuters) -Humana Inc raised its annual adjusted profit forecast on Wednesday after lower medical…