Business news – Page 2
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Business
Electrification of process heat stands to slash industry’s emissions
Technologies available now can decarbonise most heat demand, but cost and infrastructure barriers still exist
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Business
Explainer: Why drug shortages happen and how can we reduce them?
Record-high numbers of drugs are in short supply, from chemotherapy and antibiotics to hormone replacements
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News
Weight-loss drugmakers bet billions on boosting supplies
Eli Lilly and Novo Nordisk invest to expand in-house manufacturing of GLP-1 drugs
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Business
Explainer: How is the US pharmaceutical patent system being misused?
What are ‘evergreening’ and ‘thicketing’ and what is being done to reform the system and aid competition?
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Business
US Supreme Court quashes Purdue opioid bankruptcy plan
Ruling says deal cannot grant Sackler family owners protection from prosecution
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Business
Investigation reveals multiple failures leading to fatal 2022 refinery fire
BP failed to shut down in time after ‘alarm flood’ overwhelmed operators
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Business
Vent and burn in East Palestine train derailment was unnecessary
Safety board investigation confirms faulty wheel bearing caused crash
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Business
Explosion and fire at South Korean battery plant kills 23
Three company officials under investigation for potential safety violations
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Business
Moderna’s mRNA vaccine approved for RSV
US approval adds complementary option to protein-based vaccines for respiratory syncytial virus
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Business
Workers killed in two US incidents, with several others hospitalised
H2S exposure at a sugar refining plant and a fire at a metal hardening plant each led to one worker death
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Opinion
Will science ever reach an end?
While the rate of discoveries in any field may slow over time, the frontier creeps ever further
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Business
Two explosions in India leave at least 11 dead and dozens injured
Blasts occurred at a peroxides plant near Mumbai and an explosives factory in Chhattisgarh
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Business
Pan-cancer approval shows huge potential for antibody–drug conjugates
Enhertu gains approval based on gene expression rather than tumour location
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News
Biomass, plastic waste and carbon dioxide feedstocks key to cutting chemical industry’s emissions
Royal Society report warns that without intervention defossilisation of the chemicals sector will take many decades
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Business
BASF’s electric cracker demonstrator goes online
Collaboration with Sabic and Linde will test two different furnace designs
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Opinion
Lab automation gives me more time at the top of the mountain
Getting back to the bench reminds Derek Lowe how much has changed in 40 years
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Business
Oil and gas industry emissions are not on track to hit climate goals
Several big firms have rolled back their targets, saying governments need to set pace with policy
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Business
Rail company will pay $600 million to settle East Palestine lawsuits
Norfolk Southern reaches agreement to resolve litigation related to last year’s train derailment that spilled hazardous chemical cargo
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Business
$6.6 million settlement follows 2019 fire at Texas petrochemical facility
Site owner to pay compensation for environmental damage caused by release of hazardous chemicals during days-long fire