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Bristol Myers signs $380 million CAR-T therapies supply deal with Cellares

(Reuters) -Drugmaker Bristol Myers (NYSE:BMY) Squibb said it has signed a $380 million deal with contract manufacturer Cellares to manufacture its CAR-T cell therapies in the United States, EU and.

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OpenAI bids for Japan business as it opens Tokyo office

By Sam Nussey TOKYO (Reuters) -Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as it opened its first Asia office in Tokyo. “This.

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Spanish drug maker Grifols will bring in independent directors, chairman tells newspaper

MADRID (Reuters) -Spanish drug maker Grifols, battling a plunge in its share price this year, plans to add independent directors to its audit and compensation committees to improve its governance,.

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Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says

(Reuters) – Apple (NASDAQ:AAPL)’s smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from.

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US awards Samsung $6.4 billion in grants to boost Texas chip output

By Leah Douglas and Alexandra Alper (Reuters) -The Biden administration will award up to $6.4 billion in grants to South Korea’s Samsung to expand its chip production in central Texas.

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Intel to launch two AI chips for China with reduced capabilities

BEIJING (Reuters) – Intel (NASDAQ:INTC) will release two AI chips with reduced capabilities for the Chinese market, in order to comply with U.S. export controls and sanctions. The two chips,.

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Tesla’s global job cuts include leading markets US, China

| SHANGHAI/BERLIN (Reuters) – Tesla (NASDAQ:TSLA)’s global job cuts include reducing staff in the U.S. and China, the automakers’ two biggest markets, across sales, tech, and engineering, five sources briefed.

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HSBC to accelerate China wealth expansion, on track to meet hiring target

By Selena Li HONG KONG (Reuters) – HSBC plans to accelerate the expansion of its wealth business in China despite economic headwinds and is on track to nearly double its.

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Citigroup CEO faces growth challenge as overhaul rattles employees

By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s.

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Microsoft to invest $2.9 billion to boost AI business in Japan – Nikkei

TOKYO (Reuters) – Microsoft Corp (NASDAQ:MSFT) will invest about $2.9 billion over the next two years to boost its artificial intelligence (AI) business in Japan, the Nikkei newspaper reported on Tuesday citing the company.

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