Reuters

By Andrew Silver

SHANGHAI (Reuters) - Novo Nordisk is facing the prospect of intensifying competition in the promising Chinese market where drugmakers are developing at least 15 generic versions of its diabetes drug Ozempic and weight loss treatment Wegovy, clinical trial records showed.

The Danish drugmaker has high hopes that demand for its blockbuster drugs will surge in China, which is estimated to have the world's highest number of... (continue reading...)

By Steve Holland

WASHINGTON (Reuters) - Russia plans to send combat vessels into the Caribbean region this summer as part of naval exercises that will likely include port calls in Cuba and possibly stops in Venezuela, a senior U.S. official said on Wednesday.

The United States does not see the move involving a relatively small number of vessels and planes as threatening, but the U.S. Navy will monitor the exercises, the official told a... (continue reading...)

PRAGUE (Reuters) - Two people likely died and dozens were injured after a passenger train collided with a cargo train in the Czech city of Pardubice on Wednesday evening, Czech Television reported, citing a spokesperson of the Railway Administration's firefighters.

(Reporting by Jason Hovet and Jan Lopatka; Editing by Chris Reese)

CAIRO (Reuters) - British security firm Ambrey said on Thursday a Greek-owned bulk carrier was allegedly targeted by Yemen's Houthis while travelling northbound in the Red Sea.

The ship's transmissions stopped 118 nautical miles east of Massawa, Eritrea when it was underway from Mormugao, India, with its destination as Suez, Egypt, the firm said in a statement that did not name the ship.

"The alleged 'targeting' of the vessel was aligned... (continue reading...)

(Reuters) - Central U.S. power grid operator Southwest Power Pool (SPP) said on Wednesday that it had filed for approval to add western entities under its tariff to provide full regional transmission organization (RTO) services across both the eastern and western interconnections.

Arkansas-based SPP filed tariff amendments with the Federal Energy Regulatory Commission (FERC) on June 4, including provisions for its western members. If approved, SPP will... (continue reading...)