The UK’s Competition & Markets Authority is considering launching an investigation into Motorola’s Airwave network used by emergency services. ‘Severe asthma is a challenging, complex disease for physicians and millions of patients and has a high unmet medical need,’ said David Reese, executive vice president of R&D at Amgen.
#SOURCES CHINABASED KEEP LINKDOC US TRIAL#
The fastrack comes following the latest data from a phase three trial that showed it offered superiority across every primary and key secondary endpoint compared to placebo. Tezepelumab, an asthma treatment developed by Amgen and AstraZeneca, has been given priority review by officials to pave the way for a potential speedy approval of the experimental treatment. Notably, Tesla launched Model Y cars in China this week and lowered its starting price for the vehicle, which could boost demand going forward.Ĭhina accounts for about one-third of Tesla’s sales and although it produced more than many domestic rivals it is still lagging behind the likes of BYD, which sold over 40,500 electric and hybrid vehicles in the period. That represents a slight fall from the 33,463 cars Chinese-made cars sold in May. The company sold 28,138 cars in China and exported 5,017 overseas.
Tesla sold 33,155 electric cars made in China in June, the vast majority of which were sold domestically, according to data from the China Passenger Car Association. Notably, brokers are extremely bullish on the stock currently have an average Buy rating with a target price of $31.25. Importantly, the results will be flattered as it comes up against weak comparatives from last year when the pandemic erupted and lockdowns were first introduced, causing sales to plunge and pushing it into the red.įocus will be on the overall outlook, whether there is more clarity in Europe, and how it has performed online now that stores are open again. Levi Strauss, famous for its denim jeans, is due to release second-quarter results today, with analysts expecting a jump in revenue and for an improvement in earnings.Īnalysts are expecting quarterly revenue to jump to $1.21 billion from just $497.5 million the year before and for the company to report diluted EPS of $0.10 compared to a $0.91 loss. The news came ahead of its planned ‘EV Day 2021’ today, where it will unveil significant investments into electrification and connected software. Stellantis reiterated, however, that industrial cashflows will continue to suffer from lower than expected production.
That comes despite the shortage in semiconductors hitting the automotive industry hard in recent months. The company said it expects a ‘very strong margin performance’ in the first half of 2021 and that it now expects to beat its 5.5% to 7.5% adjusted operating income margin over the full-year. StellantisĬarmaker Stellantis raised its expectations today after making a better start to 2021 than anticipated as improvements in prices and product mix helped boost margins. This builds on a number of court cases facing Alphabet in the US that threatens to disrupt its businesses across advertising, search and apps. One claim suggests Alphabet was willing to pay Samsung not to compete in the market.Īlphabet claims the suit is about a handful of major app developers wanting preferential treatment rather than trying to aide small businesses and consumers.
#SOURCES CHINABASED KEEP LINKDOC US ANDROID#
The states are claiming Google has been able to make ‘enormous profit margins’ from the Play Store, which acts as a portal for 90% of all apps downloaded on Android phones, using tactics such as buying-off competitors and using restrictive contracts. Pressure built on Alphabet yesterday as 37 US states and district attorneys sued Google and alleged it maintained its monopoly for its app store on Android phones using illegal tactics.
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