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US soybean supplies to China slump in H1

Bloomberg US soybean supplies to China, the world’s biggest market, slumped in the first half of 2019 to the lowest level in more than a decade as little progress was made on ending a trade war between the two countries. China imported 614,806 tons of soybeans from the US in June, according to customs data. That brought the total inbound ...

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Apple suppliers see new iPhones demand stabilising

Bloomberg Apple Inc’s suppliers are preparing to produce components for up to 75 million new iPhones in 2019’s second half, roughly the same number as a year earlier, according to people familiar with the matter. The volumes planned for the next iPhone launch cycle would signal steady demand for the company’s most important product, despite US-China trade tensions and a ...

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Top Swiss hospitals to take on big pharma with cheap cancer therapy

Bloomberg Some of Switzerland’s top university hospitals are teaming up to take on the soaring cost of cancer cell therapy offered by big pharma. The hospitals are hoping to offer the treatment for between 150,000 Swiss francs ($151,026) and 200,000 francs. That’s about one-third cheaper than the commercialised process offered by the pharmaceutical industry. “We are convinced that such cancer ...

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