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FDA panel to review psychedelic drug MDMA for first time

By Sriparna Roy and Pratik Jain (Reuters) - A panel of advisers to the U.S. Food and Drug Administration will meet on Tuesday to discuss a therapy based on the psychedelic drug MDMA for patients with post-traumatic stress disorder (PTSD). The meet.

Australia s Namoi Cotton asks investors to accept Olam Agri s $96 million bid

Namoi Cotton on Friday asked its shareholders to accept Singapore-based agribusiness Olam Agri s A$144.9 million takeover offer for the cotton processing company. The affiliate.

Amazon s Twitch terminates members of safety advisory council, CNBC reports

(Reuters) - Amazon.com's streaming unit Twitch will end the contracts for all members of its safety advisory council on Friday, CNBC reported, citing documents and sources familiar with the situation. Unveiled in 2020, the council consisted of expe.

Americans still prefer gas vehicles over hybrid or EVs, study shows

(Reuters) - Americans still prefer to buy a standard gas vehicle over a hybrid or an electric vehicle even with the same price and features, a KPMG study said on Thursday. Only one-fifth of people surveyed said they would purchase an EV over a gas-.

Gap lifts annual sales forecast on Old Navy strength, shares surge

(Reuters) -Gap raised its annual sales forecast and its first-quarter results beat market expectations, boosted by strength in its Old Navy and Gap brands as budget-strained Americans snap up its trendy denim bottoms and active wear apparel. Shares of .

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