June 27 (Reuters) - Alumis set the pricing of its U.S. initial public offering at $16 per share, the lower end of its price range, valuing it at around $902 million. Previously known as Esker Therapeutics, Alumis is moving ahead with its listing more than three months after it secured an upsized $259 million Series C financing. It aims to...

TOKYO (Reuters) - For years, Japan's Fujifilm ( FUJIF ) pivoted away from its legacy camera business to focus on healthcare. But thanks in large part to the TikTok crowd, its retro-themed X100 digital cameras are now a roaring success, boosting its bottom line. Fujifilm ( FUJIF ) is struggling to meet demand for the $1,599 camera, prized by young...

SEOUL, June 28 (Reuters) - LG Energy Solution (LGES) has paused part of construction of its multi-billion dollar battery factory in the U.S. state of Arizona due to changing environment of battery market, the company said on Friday. The South Korean battery maker, which supplies automakers including Tesla, General Motors ( GM ), Hyundai Motor ( HYMTF ) among others,...

TBILISI (Reuters) - Laughing and joking, Russian President Vladimir Putin and North Korean leader Kim Jong-un cruised around Pyongyang last week in a Russian-made Aurus limousine to showcase their strengthened anti-Western alliance. The luxury sedan was intended to epitomize Russia's domestic prowess and reduced dependence on imported technology and goods when unveiled in 2018. But customs records show that the...