04:19 AM EDT, 09/19/2025 (MT Newswires) -- The US Food and Drug Administration will loosen certain regulations for nicotine pouch makers under a new program, Reuters reported Friday, citing internal meeting transcripts. Under the pilot program, the FDA will drop its requirement that companies submit product-specific safety studies in various areas, including submitting a previously required study of a product's...

Sept 19 (Reuters) - Japan's Sumitomo Mitsui Banking Corp, the banking arm of Sumitomo Mitsui Financial Group ( SMFG ) , will invest a further 135 billion yen ($912.84 million) in U.S. investment bank Jefferies, the companies said in a statement on Friday. The investment will take SMBC's stake to 20% from 14.5%, and the two companies will also set...

03:58 AM EDT, 09/19/2025 (MT Newswires) -- Pattern Group (PTRN) said late Thursday it priced its initial public offering of series A shares at $14 apiece. The e-commerce firm previously provided an indicative price range of $13 to $15 per share. The company and existing shareholders will each sell about 10.7 million series A common shares under the offering, it...

(Reuters) - Japan's Sumitomo Mitsui Banking Corp, the banking arm of Sumitomo Mitsui Financial Group ( SMFG ), will invest a further 135 billion yen ($912.84 million) in U.S. investment bank Jefferies, the companies said in a statement on Friday. The investment will take SMBC's stake to 20% from 14.5%, and the two companies will also set up a joint...