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France open to UAE investments in nuclear industry, minister says May 21, 2024 04:05AM

By Alexander Cornwell

ABU DHABI (Reuters) - France is open to the United Arab Emirates investing in its nuclear energy industry, its finance minister said on Tuesday ahead of discussions in the Gulf state with UAE officials.

Sources told Reuters in March that the UAE had approached several European countries about investing in their nuclear power infrastructure via its state nuclear power company.

Finance Minister Bruno le... (continue reading...)


Eli Lilly's diabetes drug tirzepatide gets approval in China May 21, 2024 03:52AM

SHANGHAI (Reuters) - Eli Lilly said on Tuesday its diabetes drug tirzepatide has received approval from Chinese regulators, setting up intensifying competition with its Danish rival Novo Nordisk in the key Asian market.

Novo Nordisk's popular diabetes drug Ozempic won approval from China in 2021 and the company saw sales of the weekly injection in the greater China region that includes Hong Kong and Taiwan double to 4.8 billion Danish Krone ($698... (continue reading...)


Syrian first lady Asma al-Assad has leukemia, presidency says May 21, 2024 03:50AM

DUBAI (Reuters) -Syria's first lady, Asma al-Assad, has been diagnosed with leukemia, the Syrian presidency said on Tuesday, almost five years after she announced she had fully recovered from breast cancer.

The statement said Asma, 48, would undergo a special treatment protocol that would require her to isolate, and that she would step away from public engagements as a result.

In August 2019, Asma said she had fully recovered from breast... (continue reading...)


Yemen's Houthis say they downed US drone over al-Bayda province May 21, 2024 03:26AM

DUBAI (Reuters) - Yemen's Houthis downed a U.S. MQ9 drone over al-Bayda province in southern Yemen, the Iran-aligned group's military spokesperson said in a televised statement on Tuesday.

Yahya Saree said the drone was targeted with a locally made surface-to-air missile and that videos to support the claim would be released.

The Houthis said last Friday they downed another U.S. MQ9 drone over the southeastern province of Maareb.

... (continue reading...)
European stocks dip as rate uncertainty weighs May 21, 2024 03:21AM

(Reuters) - European stocks inched lower on Tuesday, following losses in Asian equities as U.S. Federal Reserve officials tempered investor enthusiasm about potential interest rate cuts as they called for policy caution.

The pan-European STOXX 600 index slipped 0.3% by 0710 GMT, with gains in healthcare stocks more than offset by losses in banks and utilities.

Investors will focus on minutes from the Fed's last policy meeting and chip... (continue reading...)


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