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Japan eyes $77mn to develop genome editing technology

Tokyo / DPA Japan’s Economy, Trade and Industry Ministry is set to strengthen its efforts to develop its own technology for genome editing, by allocating 8.6 billion yen (US$77 million) over five years from fiscal 2016 to 2020. The technology enables cut-and-paste work in gene modifications as desired. The government intends to efficiently mass-produce medicinal products or fragrance elements by ...

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Malaysia Airlines posts first monthly profit

KUALA LUMPUR / AP The chief executive of Malaysia Airlines said on Wednesday that the carrier recorded a profit in February, its first positive monthly result in years, and is on track to return to the black by 2018. In an interview, CEO Christoph Mueller described the airline as a “ship that has many leaks,” but said the monthly profit ...

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Chevron gets new setback for giant Oz gas project

Sydney / AFP Australia’s largest resources project will stop production for up to 60 days owing to mechanical issues, US energy giant Chevron said on Wednesday, in the latest setback to hit the US$54 billion plant. Chevron’s Gorgon liquefied natural gas (LNG) project off Australia’s northwest coast — one of the world’s biggest — started production in early March and ...

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