Jazz Pharmaceuticals PTSD drug fails in mid-stage trial
Jazz Pharmaceuticals said its post-traumatic stress disorder (PTSD) drug failed to meet its primary endpoint in a mid-stage study. The drugmaker said it does not plan to go ahead with…
FDA warns against counterfeit Ozempic
The US Food and Drug Administration warned consumers not to use counterfeit versions of Novo Nordisk's diabetes drug Ozempic that have been found in the country's drug supply chain.
Toshiba sees power chips as immediate growth driver
Toshiba sees power management chips as an immediate profit driver thanks to growing demand for electric vehicles (EVs), its CEO said, following the acquisition of the Japanese industrial conglomerate.
Tesla acquires land in Shanghai for megabattery plant
Tesla has acquired land in Shanghai for a megapack battery manufacturing plant with production expected to start in the fourth quarter of 2024, Chinese state media reported.
European Commission examines Italy’s tax case against Meta
An Italian tax complaint against Facebook's parent company Meta has been referred to the European Commission's VAT committee for assessment. The US corporation faces a potential tax bill of around…
West Indies beat England by four wickets to win T20 series
West Indies bounced back from defeat earlier in the week to beat England by four wickets in Trinidad and Tobago for a 3-2 win in the T20 international series.
De Laurentiis says UEFA and FIFA do not understand the business of sport
Napoli president Aurelio De Laurentiis welcomed the European Court of Justice's ruling on the Super League project, saying UEFA and FIFA do not understand the business of sport and the…
European Super League back in the spotlight after landmark ruling
UEFA and FIFA violated EU law by preventing the creation of a Super League, the Court of Justice of the European Union (CJEU) has ruled. While organisers of the new…
Brazil’s parliamentary committee approves budget bill for 2024
Brazil's congressional budget committee approved the country's budget bill for 2024, with lower-than-expected spending cuts in President Luiz Inácio Lula da Silva's growth acceleration programme.
Ukraine says it has shot down 24 of 28 Russian drones
Ukraine shot down 24 of 28 Russian-launched Shahed drones in an overnight attack that damaged residential buildings in Kiev and an infrastructure facility and grain warehouse in southern regions.
