logo

RTTNews Staff Writer


✉ editorial@rttnews.com
Share

Tesla Inc. (TSLA) agreed to buy batteries from South Korea's LG Chem for electric vehicles manufactured in China, Bloomberg reported citing people familiar with the matter. The batteries made by LG Chem will be used initially in Model 3 cars manufactured in the plant near Shanghai, the report said. The...

pharma-fight012218_23aug19.jpg Today's Daily Dose brings you news about takeover rumors surrounding Alexion Pharma; positive results of Amgen/Allergan's JASMINE study; and an update on Clearside Biomedical's New Drug Application for XIPERE.

Computacenter plc (CCC.L), a provider of IT infrastructure and services, reported Friday that its first-half profit before tax dropped 2.3 percent to 50.8 million pounds from last year's 52.0 million pounds. Earnings per share, however, grew 5.1 percent to 33.2 pence from 31.6 pence last year. Adjusted...

stockmarkets-dec19_23aug19.jpg European stocks look set to open on a positive note Friday after Italy's president gave the country's main political parties four more days to negotiate the formation of an alternative government. The consultations would continue until next Tuesday. Elsewhere, while German Chancellor Angela Merkel...

Hasbro Inc. (HAS) agreed to buy Entertainment One Ltd. (ETO.L) in an all-cash transaction valued at about 3.3 billion pounds or $4.0 billion, the companies said. As per the terms of the deal, eOne shareholders will receive 5.60 pounds in cash for each share. It represented a 31% premium to eOne's...

Singapore's inflation slowed more-than-expected in July, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Friday. The consumer price index rose 0.4 percent year-on-year in July, slower than the 0.6 percent increase in June. Economists had expected a 0.5...

GlaxoSmithKline plc (GSK, GSK.L) reported positive headline results from the DREAMM-2 study of two doses of belantamab mafodotin for multiple myeloma. The study met its primary objective and demonstrated a clinically meaningful overall response rate. Belantamab mafodotin is not approved for use anywhere...

Building materials group CRH Plc (CRH, CRH.L) announced Friday that it has entered into arrangements with Societe Generale to repurchase ordinary shares on CRH's behalf for a maximum consideration of 350 million euros. On Thursday, as part of its 2019 first-half results, the company announced its...

Wirecard AG (WRCDF.PK), a German provider of electronic payment and risk management applications, announced Friday that it has signed an agreement with SunExpress, a joint venture between Lufthansa and Turkish Airlines, to handle credit card payments in local travel agencies. Under the collaboration,...

Online cannabis shop directory Weedmaps said it will stop carrying listings for unlicensed marijuana businesses on its website later this year. Irvine, California-based Weedmaps has come under immense pressure from California state regulators and licensed vendors to stop promoting unlicensed cannabis...

Follow RTT