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First United Corporation latest news:
Novartis gene therapy for leukemia wins U.S. approval
Aug 30 (Reuters) - The U.S. Food and Drug Administration
(FDA) on Wednesday approved Novartis AG's
keenly anticipated leukemia treatment, marking the first gene
therapy approval in the United States.
Russia's TMK says stronger U.S. sales to propel H2 earnings
TMK, Russia's largest maker of steel pipes for the oil and gas industry, said on Friday its first-half core earnings, or EBITDA, rose 2 percent year on year and would rise further in the second half due to stronger sales in the United States.
Ferroglobe applauds DOC determination to impose duties on silicon metal imports
London-based Ferroglobe PLC applauded Wednesday the U.S. Department of Commerce's determination to impose duties on silicon imports from Australia, Brazil and Kazakhstan. The DOC had initiated its duty investigation after Ferroglobe's subsidiary Globe Specialty Metals Inc. filed a petition earlier this year against the three companies. U.S. Secretary of Commerce Wilbur Ross said late Tuesday that silicon metal exporters from Australia received countervailable subsidies of 16.23%, those from Brazil received subsidies of 3.69% to 52.07% and exporters from Kazakhstan received subsidies of 120%. Ross instructed U.S. Customs and Border Protection to collect cash deposits from importers from those countries. Ferroglobe said that means more than 54% of silicon metal imports into the U.S. will now be subject to cash deposit requirements. "We are confident that these affirmative preliminary determinations will be the first step in ensuring a more competitive and fair silicon metal market in the United States and we look forward to receiving a favorable outcome in the ongoing antidumping investigations," said Ferroglobe Executive Chairman Javier Lopez Madrid. Ferroglobe's stock, which was still inactive in premarket trade, has rallied 40.6% over the past 12 months, while the S&P 500 has gained 13.4%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Amazon poaches ATP tennis rights in UK from Sky-report
LONDON, Aug 1 (Reuters) - Amazon.com Inc has made it first move into major sports rights outside the United States by outbidding Sky for the exclusive UK rights to tennis's ATP World Tour, the Guardian said on Tuesday.
After Trump meeting, Ukraine to import US thermal coal for the first time
Ukrainian state-run energy company Centrenergo said on Monday it had struck a deal with U.S. trader Xcoal to import 700,00 tonnes of thermal coal this year - the first time Ukraine has imported the commodity from the United States.
Europe seeks to set global trade rules after Trump steps back
If Donald Trump's ditching of a U.S.-led trade alliance with Pacific Rim nations wasn't a gift to the European Union, then it must be the next best thing. The president's decision on his first day in office effectively pulled the United States out of the race to frame global trade rules.
Cost-cutter Schwab plans first new ETF in nearly four years
Cost-cutting U.S. brokerage and asset manager Charles Schwab Corp (SCHW) is making plans to launch what could be its first new exchange-traded funds in nearly four years, a filing with U.S. regulators showed on Friday. Schwab 1000 Index ETF would be a plain-vanilla fund tracking the largest 1,000 stocks in the United States, as measured by an index the company developed itself.
Pioneering cancer gene therapy by Novartis backed by U.S. panel
Novartis AG's pioneering cancer drug won the backing of a federal advisory panel on Wednesday, paving the way for the first gene therapy to be approved in the United States.
Norwegian world's second airline to get Boeing's new 737 Max
The airline will become the first to put the jet into regular service in the United States this summer.
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