EU backs AstraZeneca's drug for prevention of infant RSV

2022-09-17 22:36:32 By : Mr. Carl SPO

From NI to tax cuts – what the chancellor of the exchequer could announce at his first fiscal event

(Reuters) - AstraZeneca said on Friday its drug for preventing infant RSV, Beyfortus (nirsevimab), was recommended for approval in the European Union by a European Medicines Agency committee.

The drugmaker also said if Beyfortus is approved, it would become the first protective option for newborn and infant population against RSV lower respiratory tract disease.

(Reporting by Amna Karimi in Bengaluru; editing by Uttaresh.V)

It came as the euro area’s annual inflation rate came in as expected at 9.1% in August, up from 8.9% in July. This is more than three times the rate in August 2021.

Finland will seek compensation of up to 8 billion euros ($7.97 billion) if Germany nationalises gas importer Uniper, a Finnish cabinet minister said on Friday. Uniper, which is majority owned by Finnish utility Fortum, said on Wednesday the German government might take a controlling stake in the company as it sought further aid on top of a package agreed with Berlin in July. "It is absolutely clear that Finland will not allow Germany to nationalise Uniper without compensation," Minister of European Affairs and Ownership Steering, Tytti Tuppurainen, told the Finnish parliament.

MOSCOW (Reuters) -Russian mining giant Nornickel plans to increase the equity holdings of employees and other individuals to collectively comprise 25% of the company, up from 10% now, its largest shareholder Vladimir Potanin told RBC TV. "When Norilsk Nickel (Nornickel) was privatised about 25% of shares were owned by employees," Potanin said in an interview broadcast on Saturday. "I would like to recover this historical justice and make sure that 25% of Nornickel's shares are returned to the people, including employees."

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Exposure to blue light from use of tablets and smartphones, may alter hormone levels in young children, scientists say.

Major players in the companion diagnostics market are F Hoffmann-La Roche Ltd, Agilent Technologies Inc, Qiagen NV, Thermo Fisher Scientific Inc, Abbott Laboratories Inc, Myriad Genetics Inc, Almac Group, Illumina Inc, Seimens Healthineers AG, Abnova Corporation, Guardant Health Inc, ARUP Laboratories Inc, Foundation Medicine Inc, Bayer AG, Clinical Lab Products, Leica Biosystems Nussloch GmbH and Life Technologies Tm.New York, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the re

On Black Wednesday anniversary, sterling hits 37-year low against dollar and 17-month low against euro

The public queue to see the Queen lying in state spiked by over 2,220% in the 24 hours from Thursday to Friday, Google Trends said.

MADRID (Reuters) -The Spanish government has allowed activist fund Amber Capital to raise its stake in Indra to 9.99%, the defence company said on Friday. According to data from Refinitiv, Amber Capital holds 4.2% of Indra and would become its second-biggest shareholder after state holding company SEPI, which earlier this year increased its stake to 25.2% from 18.75%. Shares in Indra were up 2.25% on Friday, leading gains in Spanish blue-chip index Ibex-35, which was down 1.03%.

BUDAPEST (Reuters) -Hungary has extended price caps on fuels and basic foodstuff by three months until the end of the year in a bid to shield households from soaring costs, Prime Minister Viktor Orban's chief of staff told a briefing on Saturday. Budapest has sharply criticised the European Union for imposing sanctions on Russia over its invasion of Ukraine, saying they have failed to weaken Moscow meaningfully while causing a surge in food and energy prices. Combined with falls in the forint to record lows, the price rises have sent Hungary's inflation to two-decade highs, forcing the National Bank of Hungary to hike its base rate sharply to 11.75%.

Pensioners have been forced to wait as long as six months for their state pension, with many left out because of the system’s “ludicrous complexity”.

Most people who grew up with a smartphone will remember the phenomenon that was Temple Run. The endless running game was a must-have for avid and casual gamers alike. If you were one of them, then there’s good news coming up. Play-to-earn (P2E) platform, Open League, will soon be launching a new NFT game that’ll be a trip down nostalgia lane for those of us who grew up playing Temple Run.Triadista, Bulgaria, Sept. 16, 2022 (GLOBE NEWSWIRE) -- MoonRacers brings all the features you love about Tem

Falls against the dollar are prompted partly by concern about Liz Truss’s economic and energy policies

Finnish utility Fortum on Friday said it plans to add 560 megawatt (MW) capacity to the Nordic power market after October by reactivating an idle coal-fired power plant on Finland's west coast. The company made the decision after the Finnish Energy Agency dropped the plant from Finland's peak-load capacity reserve. "Fortum will start preparing the Meri-Pori power plant for commercial use," the company said, adding that additional personnel will be recruited in the coming weeks.

Sitting on the side of a Jakarta road anxiously waiting for his phone to ping, driver Muhammad Ridwan says it is now barely worth hurtling through thick smog every day to ferry passengers.

WARSAW/BERLIN (Reuters) -Polish refiner PKN Orlen is interested in taking a controlling stake in the PCK Schwedt refinery that Germany has placed under a trusteeship, effectively removing control from Russia's Rosneft, sources in Berlin and Warsaw familiar with the matter told Reuters on Friday.Warsaw said earlier this year that ending Russian ownership of the refinery was a condition for potentially supplying it with sea-borne oil via a terminal in Gdansk and via Polish pipelines to replace Russian crude. State-controlled PKN Orlen declined to comment, saying it announces planned or implemented projects and investments when decisions are made. The refinery, which was majority-owned by Rosneft, has been testing Germany's resolve to eliminate imports of oil from Russia by the end of the year under European sanctions to punish Moscow for its invasion of Ukraine.

With large numbers expected for funeral, there will be ‘welfare trains’ on platforms for vulnerable people

Global Cerumen Removal Market Global Cerumen Removal Market Dublin, Sept. 16, 2022 (GLOBE NEWSWIRE) -- The "Cerumen Removal Market Size, Share & Trends Analysis Report by Product Type, by Consumer Group, by Distribution Channel, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.The global cerumen removal market size is expected to reach USD 3.7 billion by 2030 and is expected to expand at a CAGR of 7.2% in the forecast period. Significant ris

LONDON (Reuters) -Shell said on Friday it was "unaffected" by the German government's decision to place the PCK Schwedt oil refinery under a trusteeship, effectively taking control away from Russian majority owner Rosneft. It is unclear who will step in to replace Rosneft as operator of the 233,000 barrel per day refinery, which Shell has sought to sell out of. "Shell remains unaffected by this order as a 37.5% shareholder in PCK Schwedt and will continue to comply with its contractual obligations in accordance with its own shares," Shell said in an emailed statement.

McLaren was put at risk of collapse by a global shortage of microchips that left the British supercar manufacturer struggling to deliver orders, new accounts show.