March 25 Reuters AbbVie will buy drug developer Landos Biopharma for up to 212 million as the Humiramaker aims to expand its pipeline of medicines to treat immune systemrelated illnesses, the companies said on Monday. Landos is currently conducting a midstage study of its lead experimental drug NX13 in a type of an inflammatory bowel disease called […]

LONDON, March 25 Reuters The British government is no longer the controlling shareholder in NatWest  the bank it bailed out at the height of the global financial crisis and has reduced its stake in the lender to below 30, the finance ministry said on Monday. This is a significant milestone demonstrating we39;re making excellent progress […]

BEIJINGSINGAPORE, March 25 Reuters PetroChina39;s, net profit rose 8.3 last year off record levels in 2022, as strong growth in natural gas sales and its marketing segment offset lower realised oil prices. PetroChina39;s net profit amounted to 161.1 billion yuan22.34 billion in 2023, versus 148.7 billion in 2022, while revenue fell 7.0 to 3,239 billion […]

March 25 Reuters Fisker39;s talks with a large automaker for a potential deal have collapsed, it said on Monday amid growing uncertainty for the cashstrapped startup that last week paused electricvehicle production. Trading in the shares of the company, which did not name the automaker with which it was in talks, has been halted pending an announcement. The […]

BRUSSELS, March 25 Reuters Lufthansa39;s bid for a minority stake in Italian rival ITA Airways could harm competition and lead to higher prices, EU antitrust regulators said on Monday, ramping up pressure on the German carrier to come up with stronger remedies. The European Commission said the deal threatened competition on shorthaul routes between Italy and […]

March 25 Reuters Cryptocurrency exchange Binance said on Monday customers would no longer be able to deposit and withdraw the dollarpegged stablecoin USDC using the Tron blockchain network. Stablecoins are digital tokens that are designed to keep a constant value and are backed by traditional currencies. A stablecoin can be based on various different blockchains. […]