Biogen Inc said on Wednesday it would terminate a post-approval study of its first Alzheimer’s drug, Aduhelm, and discontinue all commercialization for the controversial treatment.
Chinese EV giant BYD’s five models on sale in Germany will be showcased at a new BYD-only store in Berlin run by dealership Sternauto, in the latest sign that the carmaker is rapidly encroaching on European competitors’ turf.
Boeing Co has “much to prove” to regain the confidence of regulators and customers after a mid-air cabin-panel blowout of a 737 MAX aircraft, CEO Dave Calhoun said on Wednesday, adding that the planemaker will “go slow” as it faces a “serious challenge.”
Chinese property developer Country Garden has put its 450 million pound ($570 million) residential development in East London up for sale as it presses ahead with asset disposals at home and overseas after defaulting on its offshore debt.
When the Maersk Tanjong set sail from Thailand on Dec. 2, headed towards the Suez Canal to reach the U.S. East Coast, it was carrying cargo for retailers and clothing brands including Walmart , H&M , Adidas and ASOS , import and shipping data shows.
Some Chinese automakers have had to delay deliveries of flagship models due to production issues with a computing unit made by tech giant Huawei (HWT.UL), five people with knowledge of the matter said.
Novo Nordisk will target launches of its mega popular obesity shot Wegovy in markets where it already has strong sales of its older weight-loss drug Saxenda, CEO Lars Fruergaard Jorgensen said, as it faces growing competition from U.S. rival Eli Lilly.
