05:38 AM EDT, 09/29/2025 (MT Newswires) -- Occidental Petroleum ( OXY ) is working with advisers to sell its OxyChem unit in a deal likely to be worth at least $10 billion, the Financial Times reported Sunday, citing two people familiar with the matter. The sale is expected to be announced in the coming weeks, the sources told the publication,...

TOKYO (Reuters) -Japan Iron and Steel Federation Chairman Tadashi Imai said on Monday it was unjust and extremely regrettable that the European Commission concluded that the EU had been injured by imports of certain hot-rolled flat products from Japan. Last week, the Commission decided to impose anti-dumping measures for certain hot-rolled flat products from Japan after concluding its investigation. During...

05:32 AM EDT, 09/29/2025 (MT Newswires) -- RAPT Therapeutics ( RAPT ) said Monday the US Food and Drug Administration cleared its investigational new drug application to begin a phase 2b study of RPT904 for food allergies. The randomized, double-blind, placebo-controlled trial will test under-skin dosing every 8 or 12 weeks with an initial higher dose to evaluate safety and...

SINGAPORE (Reuters) -Saudi Arabia, the world's biggest oil exporter, is expected to lift November crude oil prices for Asian buyers to track gains in Middle East benchmarks, although rising supplies would limit those increases, refining sources said on Monday.The November official selling price for flagship Arab Light crude will likely rise 20-40 cents a barrel to between $2.40 and $2.60...