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EXCLUSIVE-Nippon Steel to invest $4 billion for new US Steel mill in $14 bln package, document says
Nippon Steel raises investment pledge for U.S. Steel in last ditch appeal to win US approval - document, sourcesNippon's $14 bln investment pledge includes $4 bln for a new steel mill, document saysDeal has faced opposition from both Biden and TrumpFresh national security review due on May 21By ...Reuters
Tue, May 20
Pfizer signs up to $6 billion licensing deal with China's 3SBio for cancer drug
May 19 (Reuters) - Pfizer PFE.N has signed a licensing agreement worth up to $6 billion with Chinese pharmaceutical products developer 3SBio Inc 1530.HK for the development, manufacturing and commercialization of a drug undergoing trials for treatment of certain types of cancer and tumours, the U.S....Reuters
Tue, May 20
Trade deals not expected at G7 meeting, joint statement must serve US priorities, source says
CALGARY, May 19 (Reuters) - The U.S. Treasury does not anticipate any trade deal announcements as part of a Group of Seven finance leaders meeting this week in Canada, and will not agree to a joint communique unless it serves U.S. interests, a source briefed on U.S. participation ...Reuters
Tue, May 20
Sunshine Guojian Says Co And Affiliates Have Granted Pfizer An Exclusive License On Commercialization Of Cancer Drug
May 20 (Reuters) - Sunshine Guojian Pharmaceutical Shanghai Co Ltd 688336.SS:SAYS CO AND AFFILIATES HAVE GRANTED PFIZER AN EXCLUSIVE LICENSE ON COMMERCIALIZATION OF CANCER DRUGSource textFurther company coverage: 688336.SSReuters
Tue, May 20
Pfizer Enters Into Exclusive Licensing Agreement With 3SBio
May 19 (Reuters) - Pfizer Inc PFE.N:PFIZER ENTERS INTO EXCLUSIVE LICENSING AGREEMENT WITH 3SBIOPFIZER INC - 3SBIO TO RECEIVE $1.25 BILLION UPFRONT PAYMENTPFIZER INC - 3SBIO ELIGIBLE FOR MILESTONE PAYMENTS UP TO $4.8 BILLIONPFIZER INC - TO MAKE $100 MILLION EQUITY INVESTMENT IN 3SBIOPFIZER INC - DEAL...Reuters
Tue, May 20
Alphabet's Waymo gets California nod for expansion in San Francisco Bay Area
SAN FRANCISCO, May 19 (Reuters) - Alphabet's GOOGL.O self-driving unit Waymo said on Monday it received approval from California to expand its robotaxi operations in more areas of the San Francisco Peninsula and further south, including San Jose.Waymo's permission from California comes as Te...Reuters
Tue, May 20
DIARY-Top Economic Events to July 30
May 20 (Reuters) - For other diaries, please see: Top Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYPolitical and General News POL/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY--------...Reuters
Tue, May 20
Katherine Reilly named SEC acting inspector general, agency says
May 19 (Reuters) - The U.S. Securities and Exchange Commission named Katherine Reilly as acting inspector general replacing incumbent Deborah Jeffrey at the office, the agency said in a statement on Monday.Deborah Jeffrey took over as the SEC Inspector General in 2023 and is retiring, the statement ...Reuters
Mon, May 19
G7 finance leaders seek non-tariff consensus in Canada, may face US pushback
G7 finance officials meeting in Banff amid U.S. tariff pressureUS won't sign G7 statement unless it aligns with Trump prioritiesG7 seen uniting around Ukraine, IMF and World Bank, money launderingClimate change issues seen as source of discordMeeting will set stage for G7 leaders' summit in ...Reuters
Mon, May 19
Ecuador judge sends former vice-president Jorge Glas to trial
QUITO, May 19 (Reuters) - A judge in Ecuador on Monday ruled former vice president Jorge Glas will face trial for alleged misuse of public funds allocated to rebuild areas affected by a devastating 2016 earthquake.Glas is currently in prison serving out convictions in two prior corruption cases.The ...Reuters
Mon, May 19
Kremlin spokesman: No deadline can be set for Ukraine memorandum
May 20 (Reuters) - The process for Moscow and Kyiv to develop a unified text of a peace and ceasefire memorandum will be complex, so there can be no fixed deadline, Russia's news agencies cited Kremlin spokesperson Dmitry Peskov as saying in remarks published early on Tuesday. "There are...Reuters
Mon, May 19
3Sbio Enters Into License Agreement With Pfizer
May 20 (Reuters) - 3SBio Inc 1530.HK:ENTERING INTO LICENSE AGREEMENT FOR PD-1/VEGF BISPECIFIC ANTIBODY (SSGJ-707) WITH PFIZERPOSSIBLE SUBSCRIPTION OF CERTAIN NUMBER OF NEW SHARES OF COMPANY BY PFIZERTO RECEIVE $1.25 BILLION UPFRONT PAYMENTPFIZER WILL SUBSCRIBE FOR US$100 MILLION DOLLARS WORTH OF ORD...Reuters
Mon, May 19
Aeva Technologies supplying sensors for Airbus autonomous gate taxi tests
By Stephen NellisSAN FRANCISCO, May 19 (Reuters) - Aeva Technologies AEVA.O said on Monday it is supplying sensors to a subsidiary of European aircraft manufacturer Airbus AIR.PA that is working to develop planes that can taxi to airport gates autonomously.Aeva, founded by former Apple and Nikon eng...Reuters
Mon, May 19
GDI raises additional $11.5 million to scale up EV battery anode production
By Nick Carey LONDON, May 20 (Reuters) - Battery materials startup GDI said on Tuesday it has raised an additional $11.5 million in Series A funding to scale up production of silicon anodes for electric vehicle batteries in the United States and Europe.The Rochester, New York-based company said t...Reuters
Mon, May 19
Ecuador judge sends former vice-president Jorge Glas to trial
QUITO, May 19 (Reuters) - A judge in Ecuador on Monday ruled former vice president Jorge Glas will face trial for alleged misuse of public funds allocated to rebuild areas affected by a devastating 2016 earthquake.Glas is currently in prison serving out convictions in two prior corruption cases.Reuters
Mon, May 19
Ice hockey-Canada suffer first loss at worlds in shootout defeat by Finland
May 19 (Reuters) - Canada's perfect start to the men's World Championship came to an end when the pre-tournament favourites lost 2-1 to Finland in a penalty shootout on Monday after their preliminary round match ended 1-1 following overtime.Both sides had already made the top four in Group A...Reuters
Mon, May 19
Denzel Washington receives surprise honorary Palme d'Or award at Cannes
CANNES, France, May 19 (Reuters) - U.S. actor Denzel Washington received a surprise honorary Palme d'Or award at the Cannes Film Festival on Monday evening in recognition of his outstanding career, according to organisers.Washington, 70, was in southern France for the premiere of U.S. director S...Reuters
Mon, May 19
Waymo Says CPUC Has Approved Our Application To Operate Fully Autonomous Commercial Ride-Hailing Service In South Bay And Nearly All Of San Jose
May 19 (Reuters) - Alphabet Inc GOOGL.O:WAYMO - CPUC HAS APPROVED OUR APPLICATION TO OPERATE FULLY AUTONOMOUS COMMERCIAL RIDE-HAILING SERVICE IN SOUTH BAY AND NEARLY ALL OF SAN JOSESource text: https://tinyurl.com/39brmvwdReuters
Mon, May 19
