Town Hall News

COPENHAGEN (Reuters) -Danish drugmaker Novo Nordisk will invest 15.9 billion Danish crowns ($2.29 billion) to expand a production facility in Denmark for products to treat serious chronic diseases, the company said in a statement on Monday. The existing facility produces active pharmaceutical ingredient (API), the main biologically active components of medicines, and will be expanded to produce material for both current and future products. The expansion is not for the […]

LONDON (Reuters) – Glencore on Monday offered to buy Teck Resources’ steelmaking coal business as a standalone unit, after its $22.5 billon offer to combine the two companies was twice rebuffed by the Canadian miner. Teck Resources said on June 6 it had received several proposals for its steelmaking coal business. Glencore, which mines and trades thermal coal, the fossil fuel used to produce electricity, said it would demerge the […]

By Sam Nussey TOKYO (Reuters) -The CEO of ChatGPT maker OpenAI on Monday said a tour of capital cities had left him “quite optimistic” about prospects for global coordination on artificial intelligence (AI). The public face of the startup, backed by Microsoft Corp, has been on a whirlwind tour looking to capitalise on interest in generative AI and exert influence on regulation of the burgeoning technology. “I came to the […]

BEIJING (Reuters) -China deployed a reconnaissance aircraft over Pacific waters east of Taiwan last week that Chinese media said monitored and gathered intelligence on an exercise involving the navies of the United States, Japan, France and Canada. A Y-9 cargo plane variant fitted with intelligence-gathering equipment most likely monitored and collected intelligence on the exercise, China’s state-backed Global Times newspaper reported on Sunday, citing analysts. Two U.S. aircraft carriers, the […]

By Emma Farge LAUSANNE, Switzerland (Reuters) – Six police officers face homicide charges in a Swiss court case that opens on Monday following the 2018 death of a Black man from a heart attack after he was pinned, face-down, for several minutes during arrest. The officers, whom Reuters did not name due to Swiss privacy laws, face charges of “homicide by neglect” in the case of Mike Ben Peter, a […]

By Ludwig Burger and Patricia Weiss HAMBURG (Reuters) -BioNTech will go to court on Monday to defend itself against a lawsuit from a German woman who is seeking damages for alleged side effects of its COVID-19 vaccine, the first of potentially hundreds of cases in the country. The woman, exercising her right under German privacy law for her name not to be made public, is suing the German vaccine maker […]

By Rajendra Jadhav MUMBAI (Reuters) – A storm off India’s west coast has strengthened to become a powerful cyclone, which could hit India’s western state of Gujarat and southern parts of Pakistan this week, the weather department said. The cyclone, named Biparjoy, is expected to make landfall on Thursday afternoon between Mandvi in Gujarat and Karachi in Pakistan with a maximum sustained wind speed of 125-135 km per hour, gusting […]

By Rajendra Jadhav MUMBAI (Reuters) – A storm off India’s west coast has strengthened to become a powerful cyclone, which could hit India’s western state of Gujarat and southern parts of Pakistan this week, the weather department said. The cyclone, named Biparjoy, is expected to make landfall on Thursday afternoon between Mandvi in Gujarat and Karachi in Pakistan with a maximum sustained wind speed of 125-135 km per hour, gusting […]

BEIJING (Reuters) – China deployed a reconnaissance plane over Pacific waters east of Taiwan last week that Chinese media said monitored and gathered intelligence on an exercise involving the navies of the United States, Japan, France and Canada. A Y-9 cargo aircraft variant fitted with intelligence-gathering equipment most likely monitored and collected intelligence on the exercise, Chinese state-backed Global Times reported on Sunday, citing analysts. Two U.S. aircraft carriers, the […]