Hong Kong aviation giant Cathay Pacific announced Thursday it was raising fuel surcharges on all flights by 34 percent as a result of increasing oil costs due to the Middle East war. It previously doubled fuel surcharges for most of its routes as a result of the war in the Middle East, and this week extended flight suspensions to and from Dubai and Riyadh until May 31.

Cathay Pacific raises fuel surcharge on all flights by 34%

The latest data from British Retail Consortium (BRC) shows consumer confidence in the UK “collapsing” as conflict in the Middle East continues.

Consumer outlook on UK economy falls to two-year low

The company said that two LNG carriers are set to be delivered to an undisclosed client in Africa by May 2029.

Hanwha Ocean secures orders worth $866m for five vessels

Samara Martínez has written countless letters to the illness that weakens her body.  At 31, Martínez is among the most prominent voices pushing to decriminalize euthanasia in Mexico.  Martínez developed early signs of chronic kidney failure at age 17.

As her kidneys fail and time runs short, this activist fights to decriminalize euthanasia in Mexico

A judge tells Ramal Briem he should be deported to Iraq once he serves his sentence.

Smuggler who called migrants 'chickens' jailed

The Iran war is "testing the resilience of the global economy," and is set to dampen economic growth this year, the Organisation for Economic Co-operation and Development (OECD) said in a report released on Thursday. Global growth is forecast to slow to 2.

OECD: Iran war dampening global growth

With the Hanover opening, REWE now operates seven Pick&Go locations in Germany.

REWE launches seventh Pick&Go test store in Hanover

The company outlined a phased wind-down across all its active markets, including Australia, Switzerland and Italy.

Quandoo to shut restaurant booking platform by end of 2026

The OECD downgrades forecasts for many of the world's biggest economies due to the US-Israel war with Iran.

UK forecast to face weaker growth and higher inflation from Iran war

UK clothing and footwear inflation rose for the first time in four months in February, prompting renewed fears that Middle East instability could drive broader price pressures in the months ahead.

UK clothing inflation climbs as Middle East turmoil threatens wider price rises

Jersey's wellbeing score is below UK and France in survey of data from 41 countries.

Jersey's wellbeing score is below UK and France

March 25 () - Corcept Therapeutics shares jumped more than 32% to nearly a two-month high on Wednesday after the U. health ‌regulator approved its lead drug for treating an aggressive form ‌of ovarian cancer that no longer responds to standard treatment.

Corcept Therapeutics shares surge as lead drug gets FDA nod for ovarian cancer

March arabica coffee (KCH26 ) on Thursday closed up +2.10 (+0.59%). March ICE robusta coffee (RMH26 ) closed up +48 (+1.21%). Coffee prices recovered from early losses on Thursday and settled higher after updated weather forecasts reduced the likelihood of rain in Brazil's coffee-growing areas over the next week. Coffee...

Limited Rain Chances in Brazil Boost Coffee Prices

Volkswagen has transformed its ID. Era concept into the ID. ERA 9X, a massive six-seat crossover for China. Using a 1.5L turbo engine as a generator, this flagship offers an electric-driven experience with long-range versatility, marking a new phase for the ID. series.

The Hybrid Volkswagen ID. ERA 9X Will Become the Brand’s New Flagship in China

Robert Kramer was the CEO of Emergent BioSolutions, a government contractor.

Former biotech CEO sued over COVID vaccine alleged insider trading

SpaceX's Crew-11 astronauts will leave the International Space Station today (Jan. 14) in the first-ever medical evacuation from the orbiting lab, and you can watch it live.

Crew-11 astronauts undock in 1st-ever medical evacuation from the International Space Station (video)

Jan 14 (Reuters) - AbbVie said on Wednesday it is seeking to expand its presence in the fast-growing market ​for obesity treatments, leaning on the weight-loss drug it licensed ‌last year from Danish biotech Gubra. Gubra's drug, GUBamy, mimics the hormone amylin and could ‌be used as an alternative to popular GLP-1 drugs like Novo Nordisk's Wegovy and Eli Lilly's Zepbound to help people lose more weight with fewer side effects.

AbbVie plans to build out its presence in obesity market

The FDA upgraded the earlier cheese recall to a Class I designation.

What to know about cheese voluntarily recalled in 20 states

NEW YORK, Jan 14 (Reuters) - U.S. healthcare spending rose by 7.2% to $5.3 trillion in 2024 from $4.9 trillion in 2023, driven by increased health insurance enrollment and a jump in use of medical

US healthcare spending soars to over $5 trillion in 2024

Jan 13 () - Gene sequencing company Illumina on Tuesday introduced a dataset that maps genetic changes to help ​accelerate drug discovery through artificial intelligence. The company said ‌it was partnering with drugmakers AstraZeneca, Merck and Eli Lilly for its Billion ‌Cell Atlas, which will train advanced AI models at scale and advance research into fundamental disease mechanisms that have previously been out of reach.

Illumina unveils dataset to speed up AI-powered drug discovery

SAN FRANCISCO, Jan 13 () - AstraZeneca has agreed to buy Boston-based Modella AI, the companies said on Tuesday, as the drug industry ​increases its use of artificial intelligence to accelerate the discovery of ‌new drugs. The companies did not disclose financial terms.

AstraZeneca to acquire Modella AI to speed oncology drug research

By Sneha S K and Gnaneshwar Rajan Jan 13 (Reuters) - Thermo Fisher Scientific's pharmaceutical services business has won a ​number of contracts to help its customers move production ‌from Europe or Asia to the U., the medical equipment maker's CEO, ‌Marc Casper, said on Tuesday.

Thermo Fisher wins contracts as pharma shifts production to US, CEO says

Here's how to lock in Paramount+'s current pricing before they raise their rates.

It's your last chance to subscribe to Paramount+ before they raise their prices: Here's how to lock in current pricing

March arabica coffee (KCH26 ) on Tuesday closed up +4.20 (+1.18%). March ICE robusta coffee (RMH26 ) closed up +36 (+0.92%). Coffee prices settled higher on Tuesday amid concerns that excessive dryness in Brazil could lead to smaller coffee yields. Last Thursday, arabica rallied to a 1-month high due to...

Coffee Prices Finish Higher on Brazil Cop Concerns

Jan 12 () - Novartis will continue to do bolt-on deals and its capital allocation priorities remain unchanged, CEO Vasant ​Narasimhan said at a major industry conference that kicked ‌off on Monday in San Francisco. "We are always looking for opportunities that fit ‌our core therapeutic areas," Narasimhan said at the J.

Novartis eyes more bolt-on acquisitions, CEO says

Jan 12 (Reuters) - Gilead Sciences' new HIV prevention drug has been added to CVS Health's commercial ​insurance plans, the drugmaker's CEO Daniel O'Day said at ‌a major industry conference that kicked off on Monday in San Francisco. "CVS has ‌confirmed their coverage of Yeztugo as of January 1, putting us at more than 80% (insurer) coverage overall," O'Day said.

Gilead's new HIV prevention shot added to CVS's drug coverage lists, CEO says

Jan 12 () - Medtronic has "significant firepower" to pursue acquisitions as the medical device maker evaluates opportunities to expand its portfolio, executives said at ​a major industry conference that kicked off on Monday in San Francisco. The ‌medical device maker has been eyeing tuck-in deals as it seeks to diversify its portfolio, particularly ‌in cardiology and neuroscience, with CEO Geoff Martha in November saying that they would prefer companies in "early stage or close to market.

Medtronic has 'significant firepower' for multiple acquisitions, executives say

Mattel announced a new Barbie doll, the first with autism, on Sunday.

Advocacy groups react after Mattel introduces 1st Barbie doll with autism

The head of the nation's most important financial institution has been the target of relentless criticism from President Trump.

Why is Jerome Powell being investigated? Making sense of the DOJ's probe into the Federal Reserve chair.

Jan 12 () - Revvity said on Monday it expects ​its 2025 adjusted profit per ‌share to exceed its forecast of $4.90 ‌to $5, as the medical equipment maker benefits from renewed demand for contract research and diagnostics ⁠services.

Revvity says it will exceed 2025 profit forecast range

US EPA will reassess safety of herbicide paraquat, says its chief

Jan 6 (Reuters) - Bayer's Monsanto sued COVID-19 vaccine makers Pfizer, BioNTech and Moderna in Delaware federal court ​on Tuesday for allegedly misusing its messenger RNA technology ‌in manufacturing their vaccines, a Bayer spokesperson confirmed. The patent infringement lawsuits said the companies ‌copied technology developed by Monsanto in the 1980s for strengthening mRNA in crops in order to stabilize the genetic material used in their vaccines.

Business