HYDERABAD, July 17 Reuters French drugmaker Sanofi plans to invest 400 million euros 437.24 million in its global capacity centre GCC in India by the end of the decade, as it aims to expand and more than double its workforce over the next two years, a top company executive said on Wednesday. Sanofi will first invest […]

AMSTERDAM, July 16 Reuters ASML, the top equipment supplier to computer chip makers, is expected to report an influx of new orders when its new boss delivers secondquarter results on Wednesday, as customers expand capacity to meet booming demand for AI chips. Another focus will be whether Chinese firms have continued heavy purchasing of equipment […]

July 17 Reuters Roche said on Wednesday its CT996, a new drug being developed to treat obesity and type 2 diabetes, has had positive results for weight loss in phase one of its clinical trial. Roche is among a growing number of wouldbe rivals to Novo Nordisk and Eli Lilly, whose weightloss drugs have caused a storm […]

FRANKFURT, July 17 Reuters Bayer said on Wednesday its Nubeqa drug was shown to slow the progression of a certain type of prostate cancer in a latestage trial, underpinning growth prospects for one of the German drugmaker39;s key pharmaceutical products. Bayer is developing Nubeqa, also known as darolutamide, jointly with Finland39;s Orion. The drug is already […]

TAIPEI, July 17 Reuters Taiwan should pay the U.S. for its defence as it does not give the country anything, Republican presidential candidate Donald Trump told Bloomberg Businessweek, sending shares of Taiwanese chip manufacturer TSMC lower on Wednesday. I know the people very well, respect them greatly. They did take about 100 of our chip business. […]

Deal is Allianz39;s biggest in Asia Allianz to become Asia39;s fourth largest insurer, up from ninth Income Insurance39;s top shareholder praises the deal FRANKFURT, July 17 Reuters German insurer Allianz said on Wednesday that it was planning to buy a majority stake in Singapore39;s Income Insurance for about 1.6 billion to strengthen its foothold in Asia. […]