COPENHAGEN - Shares in Danish biotech firm Genmab GMAB.CO fell as much as 14% on Wednesday after it said it was locked in a legal battle with its partner Johnson…
Category: Business
Neste and Shell to increase supply of sustainable aviation fuel
Finnish biofuel producer and oil refiner Neste said on Wednesday it had signed an agreement with Shell Aviation to significantly increase the supply and availability of sustainable aviation fuel. “It…
China investors bet on volatility as U.S. presidential election heats up
SHANGHAI/HONG KONG - Investors in China are betting on a bumpy ride until the end of the U.S. presidential election and seeking to protect their assets from a long chill…
Chevron asks employees to delete WeChat after U.S. ban
U.S. oil giant Chevron Corp CVX.N has asked employees globally to delete Tencent Holdings Ltd's WeChat from their work phones, following the Trump administration's executive order to ban the social…
Panasonic weighs options over Tesla new battery production
TOKYO - Panasonic Corp 6752.T is studying options for new electric car battery production with partner Tesla TSLA.O after the U.S. carmaker unveiled a plan to expand output and halve…
Australia’s Crown Resorts CEO says VIP gamblers a higher risk
SYDNEY - The CEO of Australian casino giant Crown Resorts Ltd CWN.AX said on Wednesday the company's holiday package clients posed a higher risk of money laundering breaches than other…
HSBC halts return to office plan in Britain
LONDON - HSBC HSBA.L has paused its plan to return more staff to office working in Britain, in common with other financial firms after Prime Minister Boris Johnson on Tuesday…