07:09 AM EDT, 09/13/2024 (MT Newswires) -- GSK (GSK) said Friday its blood cancer drug, Blenrep, was granted a breakthrough therapy designation in China. China's National Medical Products Administration gave the designation to Blenrep combined with the injectable bortezomib plus the steroid dexamethasone, GSK said. Breakthrough therapy designation will help expedite the development and approval of the indication in China....

07:06 AM EDT, 09/13/2024 (MT Newswires) -- Melcor Developments ( MODVF ) late on Thursday agreed to acquire the 45% it doesn't already own of Melcor REIT LP for $4.95 per unit. The price is a 46% premium to the REIT's closing price on Sept. 12 and a 61% premium to the 30-day volume weighted average unit price. At deal...

Exxon Mobil Corporation ( XOM ) shares are trading higher premarket Friday. Exxon Mobil ( XOM ) inked a Project Framework Agreement with Mitsubishi Corporation ( MSBHF ) for participation in its Baytown, Texas facility. Under the terms of the agreement, the companies will advance talks regarding Mitsubishi’s offtake of low-carbon ammonia and equity participation in the project.  The facility is...

07:06 AM EDT, 09/13/2024 (MT Newswires) -- Canadian household finances remain acutely vulnerable to elevated rates, said Bank of Montreal (BMO). While debt levels have trended downward as a share of income over the past couple of years, the debt service ratio -- which measures interest and principal as a share of disposable income -- has risen to near all-time...