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Eli Lilly to acquire Ajax Therapeutics for up to $2.3 billion

April 27 (Reuters) - Eli Lilly said on Monday it would buy privately-held blood cancer treatment developer Ajax Therapeutics for up to $2.3 billion in cash. (Reporting by Christy Santhosh in Bengaluru; Editing by Maju Samuel) Brought to you by www.srnnews.com
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Big fuel bill, Spirit bailout may upend JetBlue Airways return to profitability

By Doyinsola Oladipo NEW YORK, April 27 (Reuters) - Just as JetBlue Airways was nearing its first profitable year since the pandemic, a spike in fuel prices has revived questions about its turnaround, forcing the airline to raise more debt and quash bankruptcy speculation. The New ...
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US refiners’ first-quarter profits expected to jump as war lifts fuel margins

By Nicole Jao NEW YORK, April 27 (Reuters) - Top U.S. independent refiners are expected to report stronger first-quarter results than a year ago, helped by supply disruptions tied to the war in the Middle East that drove fuel margins to multi-year highs. Refiners came out ...
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India and New Zealand sign a free trade agreement to deepen economic ties

NEW DELHI (AP) - India and New Zealand on Monday signed a free trade agreement to deepen economic ties and expand market access, as both countries navigate mounting global trade disruptions. The deal comes as New Delhi moves to diversify export markets to offset the ...
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China blocks Meta from acquiring AI startup Manus

HONG KONG (AP) - China on Monday blocked Meta's acquisition of the artificial intelligence startup Manus, which has Chinese roots but is Singapore-based. In a short statement, China's National Development and Reform Commission, the country's top planning agency, said it was prohibiting a foreign acquisition ...
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Adidas shares climb after Sawe makes marathon history in Adidas shoes

April 27 (Reuters) - Shares of German sportswear maker Adidas rose 1.2% on Monday after Kenya's Sabastian Sawe won the London Marathon wearing Adidas trainers, becoming the first man to run a marathon in under two hours in an official race. (Reporting by Amir Orusov, ...
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LNG tanker orders gain pace despite mixed outlook from Iran war

By Emily Chow SINGAPORE, April 27 (Reuters) - Global orders to build liquefied natural gas carriers (LNGC) are set to rebound this year after a 2025 slump as growing LNG output and vessel fuel efficiency drive demand, industry executives and analysts say. The rise in orders ...
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Elon Musk and OpenAI CEO Sam Altman head to court in high-stakes showdown over AI

OAKLAND, Calif. (AP) - Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires' once-shared vision for the development of artificial intelligence. The trial, which ...
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Iran offers to end chokehold on Strait of Hormuz and asks US to end blockade, officials say

CAIRO (AP) - Iran is offering to end its chokehold on the Strait of Hormuz without addressing its nuclear program, two regional officials with knowledge of the proposal said Monday, as the country's foreign minister made a visit to Russia he said was an ...
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Energy shock ripples through kitchens, forests and conservation in Africa and South Asia

NAIROBI, Kenya (AP) - Before sunset, a blue flame used to spring to life in Brenda Obare's kitchen with a quick turn of the knob as she started dinner. Now, her stove is often cold as she crouches over a charcoal burner, coaxing a ...
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Prediction markets under pressure to crack down on rogue bettors and stop insider trading

NEW YORK (AP) - A soldier betting on an operation to oust Venezuela's leader. Politicians gambling on their own elections. Massive bets on the president announcing a ceasefire with Iran right before he actually did. Are prediction markets safe places for news junkies to bet ...
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The Latest: Oil prices go up over stalled US-Iran talks

Oil prices were up Monday as a standoff between the U.S. and Iran in the Strait of Hormuz remained despite a ceasefire, while Pakistan leaders were seeking to revive stalled talks between the two countries. Iran's Foreign Minister Abbas Araghchi was in Russia Monday for ...
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