InterCure gets Israel’s first imported medical cannabis shipment
FILE PHOTO: Ehud Barak, chairman of InterCure, a holding company of small medical firms, that bought medical cannabis developer Canndoc,…
Drug developers take fresh aim at ‘guided-missile’ cancer drugs
FRANKFURT/ZURICH (Reuters) – Dozens of drugmakers are conducting human trials for a record 89 therapies that pair antibodies with toxic…
CVS to increase genetic testing for some cancer patients
(This December 12 story corrects to Missouri from Montana in last paragraph) By Caroline Humer and Julie Steenhuysen NEW YORK…
Boeing suspends load test for new 777X aircraft
FILE PHOTO: Several Boeing 777X aircraft are seen in various stages of production during a media tour of the Boeing…
Inside drugmakers’ strategy to boost cancer medicines with ‘Lazarus effect’
(Reuters) – In the halls of MD Anderson Cancer Center, the drug Vitrakvi is known for having a “Lazarus effect”…
FDA pegs Edwards Lifesciences Sapien delivery system recall as severest
(Reuters) – The U.S. health regulator on Thursday categorized the recall of Edwards Lifesciences Corp’s Sapien 3 Ultra delivery system…
Edwards Lifesciences, Medtronic heart valves win FDA approval for expanded use
(Reuters) – Heart valve systems from Edwards Lifesciences Corp and Medtronic Plc have been approved for use in a condition…
WHO keeps key lung cancer drugs off its essential medicines list
GENEVA/ZURICH (Reuters) – Immunotherapies that have emerged as a breakthrough in treating lung cancer have been rejected for inclusion on…
After explosions, Brazil power transmission companies remove GE equipment
SAO PAULO (Reuters) – After an unusual number of explosions, several Brazilian power transmission companies have started removing a piece…
FDA ties three deaths to Edwards Lifesciences’ recalled heart devices
(Reuters) – The U.S. Food and Drug Administration said on Monday three deaths had been reported related to Edwards Lifesciences…
General Electric to scrap California power plant 20 years early
NEW YORK (Reuters) – General Electric Co said on Friday it plans to demolish a large power plant it owns…
Exclusive: Exxon’s $53 billion Iraq deal hit by contract snags, Iran tensions – sources
BASRA, Iraq/BAGHDAD (Reuters) – Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion…
CFM erases jet engine output delay, cautious on rate increases
FILE PHOTO: Gael Meheust, President and CEO of CFM poses in front of LEAP-1A engine of an Airbus A321neo, during…
CFM wins blockbuster jet engine order from IndiGo: sources
FILE PHOTO: A logo of IndiGo Airlines is pictured on passenger aircraft on the tarmac in Colomiers near Toulouse, France,…
GE’s rising bonds offer another endorsement of CEO Culp
NEW YORK (Reuters) – General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week…
Industrials’ gains put to test as earnings ramp up
NEW YORK (Reuters) – Investors betting on industrial stocks this year have been rewarded, with the group among the best-performing…
Boeing prepares for MAX 737 jets sitting outside factory as deliveries halted
SEATTLE (Reuters) – Boeing Co confirmed suspension of deliveries of 737 MAX aircraft on Thursday but continues to produce its…
EU suspends Boeing 737 MAX flights, U.S. senators suggest similar move
ADDIS ABABA/PARIS (Reuters) – The European Union’s aviation safety regulator on Tuesday suspended all flights in the bloc by Boeing…
GE explores stake sale in Enel renewables joint venture: sources
(Reuters) – General Electric Co is exploring a sale of its 50 percent stake in a renewable energy joint venture…
GE’s CEO warns of negative industrial cash flow in 2019, shares drop
(Reuters) – General Electric Co’s chief executive surprised investors on Tuesday by forecasting a net cash outflow from its industrial…
Will $14.5 billion plug GE’s long-term care insurance hole? Some experts say ‘No’
NEW YORK (Reuters) – General Electric Co is setting aside one of the largest amounts ever to cover potential losses…
Airbus A380 under threat as Emirates weighs rejigged order: sources
PARIS/DUBAI (Reuters) – Dubai’s Emirates is exploring switching some orders for the world’s largest jetliner, the Airbus A380, to the…
General Electric stock buyers preach patience, eye progress
NEW YORK (Reuters) – Investors who have scooped up decimated shares of General Electric Co are willing to wait years…
Israel’s InterCure to ramp up medical cannabis production: chairman
JERUSALEM (Reuters) – InterCure plans to expand into 10 countries in the next two years to meet growing demand for…
U.S. oil edges up after tumbling to lowest since June 2017 on economy fears
SEOUL (Reuters) – Oil prices were mixed on Wednesday as the U.S. benchmark rebounded from steep losses in the previous…
Olympus unit pleads guilty to resolve U.S. duodenoscope probe
(Reuters) – An Olympus Corp subsidiary pleaded guilty on Monday and agreed to pay $85 million to resolve charges that…
U.S. regulators snip red tape for medical devices to curb opioid crisis
(Reuters) – Laura Perryman expected her medical company, Stimwave Technologies Inc, would have to wait several years for its painkilling…
Philips CEO says Brexit putting Britain at risk as manufacturing hub
AMSTERDAM (Reuters) – The chief executive of Philips (PHG.AS) said on Monday he was worried about the lack of progress…
France to press General Electric on job pledges: minister
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday he would press General Electric’s new chief executive…
Exclusive: Pharma sector warns Saudis on German drug curbs
BERLIN (Reuters) – European and U.S. pharmaceutical associations have waded into a diplomatic row between Germany and Saudi Arabia, warning…
Exclusive: General Electric’s power unit faces threat in Saudi Arabia
NEW YORK and ABU DHABI (Reuters) – One of General Electric Co’s (GE.N) largest and most valuable customers, Saudi Arabia,…
Boeing’s engine proposal deadline looms for new mid-market jet: report
SEATTLE (Reuters) – Three of the largest engine makers face a Wednesday deadline to provide Boeing Co (BA.N) with formal…
Medical device maker Stryker makes takeover approach to Boston Scientific: WSJ
(Reuters) – Medical device maker Stryker Corp has made a takeover approach to rival Boston Scientific Corp, the Wall Street…
Emirates sees oil, dollar ‘double whammy’, but demand strong
SYDNEY (Reuters) – The president of Emirates airline said the rare combination of higher oil and a stronger dollar, which…
Many women with early-stage breast cancer can skip chemotherapy: study
CHICAGO (Reuters) – Some 70 percent of women with early-stage breast cancer and an intermediate risk of cancer recurrence can…
GE merges transportation unit with Wabtec in $11.1 billion deal
(Reuters) – General Electric Co (GE.N) confirmed on Monday it was unloading the bulk of its transportation business which makes…
Exclusive: GE nears deal to merge transportation unit with Wabtec – sources
(Reuters) – General Electric Co (GE.N) is nearing a deal to merge its transportation business, which manufactures train engines, with…
Sivantos and Widex in $8 billion merger to create No.3 in hearing aids
COPENHAGEN/FRANKFURT (Reuters) – Hearing aid makers Widex and Sivantos are merging to create an industry number three that can invest…
Printing body parts in hospital shows 3D tech’s growing reach
NEW YORK (Reuters) – Three-dimensional printers are letting doctors in Minnesota make simulated body parts in a hospital and a…
Four found guilty in insider trading case linked to U.S. health agency
NEW YORK (Reuters) – Two partners at the hedge fund Deerfield Management and two others were found guilty on Thursday…
Scientists devise new, more accurate peanut allergy test
LONDON (Reuters) – British scientists have developed a far more accurate blood test to diagnose peanut allergy, offering a better…