19 Sep 2018

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China will use trade war with U.S. to replace imports - state media

China will use trade war with U.S. to replace imports - state mediaChina is not afraid of "extreme measures" the United States is taking in their trade war and will use it as an opportunity to replace imports, promote localisation and accelerate the development of high-tech products, state media said. The world's two largest economies dove deeper into a trade war on Tuesday after Beijing added $60 billion of U.S. products to its import tariff list in retaliation for U.S. President Donald Trump's planned levies on $200 billion worth of Chinese goods. "To deal with the trade war, what China really should do is to focus on doing its own thing well," the People's Daily said.


19 Sep 2018 12:43am GMT

18 Sep 2018

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Brazil diesel subsidy program threatens Petrobras, market -FCStone

Brazil diesel subsidy program threatens Petrobras, market -FCStoneBrazil could face a diesel shortage at the end of 2018 as a result of the government's mispriced subsidy program which has discouraged suppliers, and the state-controlled oil company Petroleo Brasileiro SA may be forced to sell diesel at a loss, broker INTL FCStone said on Tuesday. Brazil's oil industry regulator ANP said it approved the payment of 871.5 million reais to Petrobras on Tuesday to compensate for the diesel subsidy.


18 Sep 2018 11:38pm GMT

Theravance, Mylan Report Positive Data on COPD Drug Yupelri

Theravance, Mylan Report Positive Data on COPD Drug YupelriTheravance (TBPH) and partner Mylan post positive data from a late-stage program on COPD Drug, Yupelri.


18 Sep 2018 10:36pm GMT