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 way to monitor a significant food hazard. Peanuts are the…
South Africa miners reach $400 million silicosis settlement with mining companies
JOHANNESBURG (Reuters) – South African gold producers agreed a 5 billion rand ($400 million) class action settlement on Thursday with law firms representing thousands of miners who contracted the fatal…
U.S. investment house backs changes at Australia’s scandal-hit AMP: Fairfax
SYDNEY (Reuters) – The largest shareholder in Australia’s AMP Ltd (AMP.AX), U.S. investment house Harris Associates, supports the ouster of top executives after damaging revelations of misconduct at the wealth…
Buffett draws them in even as Berkshire comes up short
(Reuters) – He thinks of himself as a teacher, and to many he is an icon. But to Wall Street, Warren Buffett is something quite different. Berkshire Hathaway CEO Warren…
Regeneron/Sanofi cut heart drug price to $4,500-$6,600 for Express Scripts
(Reuters) – Regeneron Pharmaceuticals Inc and Sanofi SA will slash the price of their expensive cholesterol drug for Express Scripts Holdings Co customers in exchange for greater patient access, with…
Marathon to become top U.S. refiner with $23 billion Andeavor buy
(Reuters) – Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the largest-ever tie-up between U.S. refiners, giving the combined company a nationwide…
Exclusive: U.S. EPA grants biofuels waiver to billionaire Icahn’s oil refinery – sources
NEW YORK (Reuters) – The U.S. Environmental Protection Agency has granted a financial hardship waiver to an oil refinery owned by billionaire Carl Icahn, a former adviser to President Donald…
Global sales, U.S. spending serve McDonald’s results beat
(Reuters) – McDonald’s Corp (MCD.N) blew past analysts’ forecasts for profit and sales on Monday, helped by strength in overseas markets and U.S. consumers on average spending more in its…
OPEC April oil output hits year low on Venezuela slide: Reuters survey
LONDON (Reuters) – OPEC oil output fell in April to a one-year low due to declining production in Venezuela and lower shipments from African producers, a Reuters survey found, sending…
Hong Kong scrambles for talent in battle for Nasdaq’s biotech crown
HONG KONG (Reuters) – When Hong Kong unveiled plans last year to encourage biotech companies to list in the city by loosening listing rules, the financial industry and investors cheered.…