News Headlines

  • Novo Nordisk wins EU panel's backing for key diabetes drug

    COPENHAGEN (Reuters) - Danish drugmaker Novo Nordisk came closer to winning European approval for diabetes drug Ozempic, its biggest growth prospect, when a European Medicines Agency (EMA) experts' panel issued a positive recommendation on Friday.

  • CSX CEO Hunter Harrison takes medical leave amid rail overhaul

    (Reuters) - CSX Corp said on Thursday its Chief Executive Officer Hunter Harrison was taking medical leave, an announcement that comes amid of a controversial turnaround plan at the No. 3 U.S. railroad that has drawn customer criticism and scrutiny from regulators. The Jacksonville, Florida-based railroad said Harrison, 73, was taking a leave of absence due to unexpected complications from a recent unspecified illness.

  • FDA allows Alnylam to restart hemophilia treatment trials

    (Reuters) - The U.S. Food and Drug Administration has allowed Alnylam Pharmaceuticals Inc to restart clinical trials on a drug to treat patients with a rare bleeding disorder, the company said on Friday.

  • World trade order in a wobble as Washington snubs WTO status quo

    BERLIN (Reuters) - The frustration of Roberto Azevedo was evident when, as director general of the World Trade Organization, he summed up the results of a three-day ministerial conference in Buenos Aires in the past week. There were simply none.

  • Bitcoin hits new record high as warnings grow louder

    LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.

  • Stock futures recover from tax bill concerns

    (Reuters) - U.S. stock markets were set to open higher on Friday, recovering from a bout of uncertainty surrounding the passage of the Republicans' much-awaited tax overhaul bill.

  • UPDATE 1-Bitcoin hits new record high as warnings grow louder

    LONDON, Dec 15 (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.

  • GLOBAL ECONOMY-World trade order in a wobble as Washington snubs WTO status quo

    BERLIN, Dec 15 (Reuters) - The frustration of Roberto Azevedo was evident when, as director general of the World Trade Organization, he summed up the results of a three-day ministerial conference in Buenos Aires in the past week. There were simply none.

  • Net neutrality repeal gives Democrats fresh way to reach millennials

    WASHINGTON (Reuters) - The U.S. Federal Communications Commission vote on Thursday to roll back net neutrality rules could galvanize young voters, a move Democrats hope will send millennials to the polls in greater numbers and bolster their chances in next year's elections.

  • Venezuela's PDVSA begins making delayed bond interest payments

    CARACAS (Reuters) - Venezuelan state oil company PDVSA said late on Thursday it had begun the process of making interest payments on four of its bonds, asking investors to trust the company's "financial capacity" following repeated payment delays.

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