China's Kelun-Biotech licenses cancer treatment to Crescent Biopharma
SHANGHAI, Dec 5 (Reuters) - China's Sichuan Kelun-Biotech Biopharmaceutical (6990.HK) said Thursday night it would license an experimental cancer treatment out to U.S. drugmaker Crescent Biopharma, receiving $80 million upfront, up to another $1.25 bil...
1h ago
China home prices to fall 3.7% this year, extending declines into 2026- Reuters poll
By Liangping Gao and Ryan Woo BEIJING, Dec 5 (Reuters) - China's home prices are forecast to decline 3.7% this year, broadly in line with the previous poll, and to continue falling through 2026 before stabilising in 2027, the latest quarterly Reuters s...
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Netflix enters exclusive talks to acquire Warner Bros Discovery studio and streaming service, Bloomberg News reporter says
(Corrects spelling of acquire in paragraph 1) Dec 4 (Reuters) - Netflix has entered exclusive talks with Warner Bros Discovery to acquire its studio and streaming service, a Bloomberg News reporter said in a post on X. Netflix has emerged as the top bi...
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Women's Top 25 roundup: No. 3 South Carolina edges No. 22 Louisville
Madina Okot scored nine of her 23 points in the fourth quarter, including the go-ahead layup with 1:33 to play, as visiting No. 3 South Carolina edged No. 22 Louisville 79-77 in an ACC/SEC Challenge game on Thursday. The Cardinals led 75-72 with 2:27 ...
2h ago
Film producers lobby Congress against Netflix-Warner Bros Discovery acquisition, Variety reports
Dec 4 (Reuters) - A consortium of leading film industry figures has urged the U.S. Congress to intervene, warning of a looming economic and institutional crisis in Hollywood if Netflix succeeds in acquiring Warner Bros Discovery, Variety reported on Th...
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Analysis-In Japan, Prime Minister Takaichi tries to avoid a 'Truss shock'
By Tamiyuki Kihara, Leika Kihara and Tom Westbrook TOKYO, Dec 5 (Reuters) - As Prime Minister Sanae Takaichi was finalising her $137 billion spending plan last month, which in recent weeks has put Japan into a standoff with investors over the outlook ...
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At trial, NASCAR prez says CEO France was against new revenue model
NASCAR president Steve O'Donnell testified on the fourth day of the NASCAR antitrust trial Thursday in Charlotte and admitted the France family was against a proposed revenue model that would have improved racing teams' viability. The France family ha...
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Red Sox acquire RHP Johan Oviedo from Pirates
The Boston Red Sox continued remaking their rotation on Thursday, acquiring right-hander Johan Oviedo in a trade with the Pittsburgh Pirates. In exchange, Pittsburgh received outfielder Jhostynxon "The Password" Garcia and minor league right-hander Je...
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RBA to hold in December, outlook shifts to long hold through 2026- Reuters poll
By Devayani Sathyan BENGALURU, Dec 5 (Reuters) - The Reserve Bank of Australia will hold its cash rate at 3.60% on Tuesday and keep it there through 2026, according to a Reuters poll, a shift from last month when a majority of economists expected at le...
3h ago
Japan's Nikkei skids in subdued Asia as bets of rate hike grow
By Stella Qiu SYDNEY, Dec 5 (Reuters) - Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise subdued Asian session, after weaker-than-expected spending data underscored the scourge of inflation as bets grew that the Bank of ...
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