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Global crackdown on illicit pharmaceuticals sees $15.5 million in seizures

May 7 (Reuters) - Interpol said on Thursday an operation across 90 countries and territories has resulted in the seizure of 6.42 million doses of unapproved and counterfeit pharmaceuticals worth $15.5 million. • Operation Pangea XVIII led to 269 arrests ...
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Switzerland’s Roche agrees to acquire US-based PathAI

ZURICH, May 7 (Reuters) - Swiss pharmaceutical giant Roche said on Thursday it had agreed to acquire U.S.-based digital pathology and AI-powered technology firm PathAI in a deal worth $750 million upfront plus further milestone payments of up to ...
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Iran war to accelerate China’s shift to electric trucks from diesel

By Sam Li and Lewis Jackson BEIJING, May 7 (Reuters) - The jump in diesel prices triggered by the Iran war is expected to accelerate electrification of China's heavy truck fleet this year, analysts and automakers say, and speed a ...
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Tesla’s China-made EV sales rise 36% in April, year-on-year

BEIJING, May 7 (Reuters) - Tesla's China-made electric vehicle sales rose for the sixth straight month of year-on-year increases, as it navigates intensifying competition in two of its largest markets. Deliveries of Model 3 and Model Y produced at ...
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Southern Republicans press ahead with election-year redistricting of US House

NASHVILLE, Tenn. (AP) - Republicans in several Southern states pressed ahead with an aggressive election-year redistricting effort Wednesday to their plans to reshape congressional districts that have suddenly become vulnerable because of a U.S. Supreme Court ruling. In Tennessee, ...
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US fires on Iranian oil tanker as Trump pressures Tehran for deal to end war

WASHINGTON (AP) - The U.S. military fired on an Iranian oil tanker Wednesday as President Donald Trump sought to pressure Tehran into reaching a deal to end the war. The Islamic Republic said it was reviewing the latest American ...
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China says ties with US remain stable ahead of Trump visit despite ‘disruptions’

BEIJING (AP) - China's top diplomat said Thursday that ties with the U.S. have been in general stable despite "many twists and disruptions," and called on both countries to find a way to contribute to global peace, a week ...
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General Motors to recall over 40,400 U.S. vehicles over brake fluid issues

May 7 (Reuters) - General Motors is recalling 40,440 vehicles in the U.S. due to the presence of sediments in the brake fluid, increasing the risk of crash, the U.S. National Highway Traffic Safety Administration said on Thursday. (Reporting ...
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Italy’s Angelini to buy Catalyst Pharma for $4.1 billion in US market expansion

May 7 (Reuters) - Angelini Pharma said on Thursday that it will acquire Catalyst Pharmaceuticals in a $4.1 billion deal, marking the Italian drugmaker's entry into the U.S. pharmaceutical market. Under the agreement, Angelini will pay $31.5 in cash for ...
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About 40 passengers previously left ship hit by Hantavirus outbreak at island of St. Helena

THE HAGUE, Netherlands (AP) - About 40 passengers on a cruise ship hit by a deadly hantavirus outbreak previously disembarked on the remote South Atlantic island of St. Helena after the first passenger died, Dutch officials said Thursday. The dozens ...
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AirAsia bets big on efficiency with order for 150 Airbus A220 jets listed for $19 billion

KUALA LUMPUR, Malaysia (AP) - Budget airline AirAsia is ordering 150 Airbus A220-300 jets in a deal valued at about $19 billion at list prices, marking the largest single order ever placed for the A220 planes. The deal was announced ...
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US senators urge stability, cooperation between US, China

BEIJING, May 7 (Reuters) - A delegation of United States senators visiting Beijing has called for stability and peaceful cooperation between the world's two largest economies a week before the countries' leaders meet. "I strongly believe that we want to ...
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