By David Lawder KINGSTON, Jamaica (Reuters) – World Bank President Ajay Banga told Reuters that he will “push” the lender’s balance sheet hard to help fight climate change and[...]
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Health
Novartis to buy Chinook for up to $3.5 billion in boost to late-stage pipeline
By Ludwig Burger (Reuters) -Novartis has agreed to acquire Seattle-based biotech firm Chinook Therapeutics for up to $3.5 billion to boost its late-stage drug development line-up with a new treatment[...]
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Debt ceiling deal ignores US debt time bomb
By David Lawder and Andy Sullivan WASHINGTON (Reuters) – Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating U.S. default, but does little to[...]
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US food aid could shrink under debt ceiling deal, hunger groups warn
By Leah Douglas WASHINGTON (Reuters) – Changes to the largest U.S. food aid program in the debt deal passed by Congress this week could force hundreds of thousands of older Americans off of fede[...]
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Poor GenXers without dependents targeted by US debt ceiling work requirements
WASHINGTON (Reuters) – The debt ceiling deal that U.S. President Joe Biden and House Republican Kevin McCarthy agreed over the weekend adds new conditions to food aid that will impact one segmen[...]
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Senate Republicans want EPA to drop plan to cut emissions, boost EVs
By David Shepardson WASHINGTON (Reuters) -A group of 27 Senate Republicans on Thursday called on the Biden administration to drop its plan to drastically cut vehicle emissions through 2032 and ramp up[...]
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Colombia’s Gilinski signs MoU to exit stake in Grupo Sura
BOGOTA (Reuters) – Colombia’s Gilinski Group signed a Memorandum of Understanding (MoU) to exit its stake in the country’s largest investment firm, Grupo Sura and take a controlling[...]
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US business borrowing for equipment falls 8% in April- ELFA survey
(Reuters) – U.S. companies borrowed nearly 8% less in April than last year to finance equipment investments, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday. The[...]
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US extends certain COVID-related exclusions from China tariffs
(Reuters) – The U.S. Trade Representative’s Office said on Friday it was extending exclusions from tariffs for 77 of 81 Chinese medical product import categories related to the COVID-19 pa[...]
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