France’s Sanofi to buy biotech firm Synthorx for $2.5 billion

PARIS (Reuters) – Sanofi (SASY.PA) said on Monday it had agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion aimed at beefing up the French drugmaker’s pipeline of drugs for cancer and auto-immune disorders. FILE PHOTO: The logo of Sanofi is seen at the company’s research and production centre […]

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Oil prices slip as weak China exports highlight trade war impact

TOKYO (Reuters) – Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war. FILE PHOTO: An oil pump is seen just after sunset outside Saint-Fiacre, near Paris, France September […]

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Asian shares buoyed by strong U.S. job data, China worry caps gains

SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change […]

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France’s Sanofi to buy Synthorx for $2.5 billion

FILE PHOTO: The logo of Sanofi is seen at the company’s research and production centre in Vitry-sur-Seine, France, August 6, 2019. REUTERS/Charles PlatiauPARIS (Reuters) – France’s Sanofi (SASY.PA) said on Monday it had agreed to buy Synthorx in a cash deal worth around $2.5 billion as it seeks to beef up its immuno-oncology pipeline. Under […]

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Asian shares buoyed by Wall Street rally, but China worry caps gains

SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change […]

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Jobs of the future are clustering in a handful of U.S. cities, study finds

WASHINGTON (Reuters) – A new analysis of where “innovation” jobs are being created in the United States paints a stark portrait of a divided economy where the industries seen as key to future growth cluster in a narrowing set of places. FILE PHOTO: Job seekers attend a large career fair at Rutgers University in New […]

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