SEOUL (Reuters) - Several airlines have updated their guidance on carrying lithium batteries onboard. The batteries are in devices such as cellphones and e-cigarettes, and can malfunction to produce smoke, fire or extreme heat. In 2024, three incidents of overheating lithium batteries on planes were recorded globally every two weeks by the U.S. Federal Aviation Administration, compared to just under...

04:32 AM EDT, 03/31/2025 (MT Newswires) -- Mesoblast (MESO) said Sunday it has entered into the Medicaid National Drug Rebate Agreement with the US Centers for Medicare and Medicaid Services for Ryoncil, a US Food and Drug Administration therapy for any indication. The agreement means that the US government will provide inpatient and outpatient access to Ryoncil as a treatment...

LONDON (Reuters) - Virgin Atlantic, the British airline majority owned by Richard Branson, said it returned to profitability for the first time since the pandemic last year. For 2024, Virgin Atlantic, which is 49%-owned by Delta Air Lines, posted pretax profit before exceptional items of 20 million pounds ($25.93 million), compared to a pretax loss of 139 million pounds last...

04:55 AM EDT, 03/31/2025 (MT Newswires) -- PureCycle Technologies ( PCT ) said Monday it has begun a collaboration with Landbell Group, a provider of closed-loop recycling services. Financial terms were not disclosed. The company said the collaboration is aimed at expanding the upcycling of polypropylene waste into recycled material that can be reused for various applications across Europe. PureCycle...