BEIJING, March 11 (Reuters) - Eli Lilly ( LLY ) plans to invest $3 billion over the next decade to expand supply chain capacity in China and build production capacity for type-2 diabetes and obesity treatment orforglipron, the pharmaceuticals giant said in a statement. The company submitted marketing application for orforglipron to China's drug regulator at the end of 2025,...

05:09 AM EDT, 03/11/2026 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI plans to soon integrate its Sora AI video-generation tool into ChatGPT, The Information reported Wednesday, citing people familiar with the effort. The report said the move could increase usage of the chatbot, but it may also raise operating costs. Sora, which allows users to generate short AI...

MOSCOW, March 11 (Reuters) - Oil production at Russia's Far-Eastern Sakhalin-1 project, abandoned by U.S. major ExxonMobil ( XOM ), continued to decline last year, falling by 10.3% due to planned maintenance, regional authorities said. They didn't provide production volumes, which fell 9.8% in 2024. Exxon took a $4.6 billion impairment charge on its 30% operator stake in the project...

* NIO reports first-ever quarterly net profit, aims for 2026 break-even * Memory chip shortage raises costs, but NIO won't increase prices * European market challenges include declining EV incentives, rising electricity costs (Updates with stock performance, comments on memory chip shortage in paragraphs 3-8) SHANGHAI, March 11 (Reuters) - Chinese electric vehicle maker NIO aims to sell thousands of...