UPDATE 1-Sanofi's diabetes sales slow, Genzyme's jump PARIS, July 30- Sanofi reported lower second quarter sales for its strategic diabetes division on Thursday, hurt by continued pricing pressure in the United States, but it's biotech arm Genzyme recorded another quarter of double-digit growth, enabling the French drugmaker to beat forecasts overall. Forced to agree to increased rebates to maintain market...
| By: Matthias Blamont and Noëlle Mennella
Safran cautious on production, sees same aftermarket trend in H2 PARIS, July 30- French aero engine maker Safran remains unwilling to commit to further increases in production of its LEAP engine as it embarks on steep increases in output for a record number of engines already sold, its chief executive said on Thursday. Airbus and Boeing are considering further production increases in narrowbody jets for which the LEAP...
Airbnb of hospital equipment? Mad Money host Jim Cramer thinks Cohealo's software represents a great leap forward when it comes to containing health care costs. Mark Slaughter, CEO of Cohealo, discusses the company's functions and pipeline.
Calais migrants: 2nd night of mass attempts to reach England CALAIS, France- The young Afghan has tried every single day for three months to get into the railway tunnel in Calais leading to England and what he hopes will be a better life. Men and women, some hiding their faces beneath bandannas, walked single file to sneak over a bent fence along the train tracks leading to the tunnel and ultimately to England.
Source: The Associated Press
COLUMN-China switching to African oil may lead to Saudi price cut: Russell LAUNCESTON, Australia, July 28- Weakness in global oil benchmark Brent has prompted China to buy more crude from Africa. For the Angolans, the large boost in July exports to China will be a welcome change, as they lost their number two spot behind Saudi Arabia in the first six months of 2015 to Russia, according to Chinese customs data. China imported 19.011 million...