By Ludwig Burger and Riham Alkousaa (Reuters) – German healthcare group Fresenius has cut its 2022 guidance for the second…
Thermo Fisher to buy diagnostics firm Binding Site for $2.6 billion
(Reuters) – Thermo Fisher Scientific Inc said on Monday it would buy Binding Site Group from European private equity firm…
Exclusive-Output of Apple iPhones at major China plant could fall 30% amid COVID curbs -source
By Yimou Lee TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by as much as 30% at one…
Hong Kong economy shrinks 4.5% yr/yr in Q3, outlook remains weak
HONG KONG (Reuters) – Hong Kong’s economy shrank faster in the third quarter, contracting 4.5% from the same period a…
With U.S. midterms ahead, Musk’s Twitter takeover raises fear of misinformation wave
By Joseph Ax (Reuters) -With the U.S. midterm elections less than two weeks away, Elon Musk’s $44 billion acquisition of…
Sanofi sees faster profit growth on Dupixent, flu vaccine demand
By Ludwig Burger (Reuters) -French drugmaker Sanofi on Friday forecast faster earnings growth this year on strong demand for its…
China coal trade disrupted by COVID outbreaks as winter looms
By Muyu Xu SINGAPORE (Reuters) – China’s strict COVID-19 policy is constraining coal supplies and pushing up prices, industry officials…
In Britain’s inflation crisis, healthy diets are a casualty
By Richa Naidu LONDON (Reuters) – Fresh vegetables and fish are falling off the menu. Packaged pizzas and processed meat…
Shanghai food supplier’s books reveal big profits under COVID lockdown
SHANGHAI (Reuters) – The profitability surge of a Shanghai food supplier seeking a Hong Kong listing, disclosed in an exchange…
Poker legend Annie Duke on why quitting can be a good thing
By Chris Taylor NEW YORK – At this point, it seems like everyone is talking about the trend of “quiet…