'Extraordinary times, extraordinary measures': U.S. approach to vanquish pandemic

WASHINGTON (Reuters) – The United States will continue to press for a waiver of intellectual property rights for COVID-19 vaccines and treatments even as it and other Group of Seven rich nations sharply expand donations of vaccines to poorer countries.FILE PHOTO: A healthcare worker prepares a Pfizer coronavirus disease (COVID-19) vaccination in Los Angeles, California, U.S., January 7, 2021. REUTERS/Lucy […]

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Asda sales growth accelerates in latest quarter

LONDON (Reuters) -British supermarket group Asda on Thursday reported an acceleration in underlying sales growth in its latest quarter and said Walmart was paid nearly 3 billion pounds ($4.3 billion) in dividends before selling most of the business.FILE PHOTO: Shoppers walk past the UK supermarket Asda, in Leeds, Britain, October 19, 2020. REUTERS/Molly DarlingtonZuber and Mohsin Issa and private equity […]

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CDC: heart inflammation cases in ages 16-24 higher than expected after mRNA COVID-19 shots

FILE PHOTO: A general view of the U.S. Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia September 30, 2014. REUTERS/Tami Chappell/File PhotoNEW YORK (Reuters) – Preliminary findings from two vaccine safety monitoring systems suggest a higher-than-expected number of cases of heart inflammation after the second dose of mRNA COVID-19 vaccines in 16 to 24 year olds, the […]

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UPDATE 1-China FX deposits swell to record $1.01 trillion in May

(Adds details and background) SHANGHAI, June 10 (Reuters) – China’s foreign exchange deposits hit a record high of $1.01 trillion at the end of May, compared with $1 trillion a month earlier, the central bank said on Thursday. Foreign exchange deposits have been steadily growing since last year, boosted by China’s huge trade surplus and continued capital inflows into Chinese […]

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Auto, oil firms weigh on European shares ahead of ECB

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 9, 2021. REUTERS/Staff(Reuters) – European stocks inched lower on Thursday as energy and automakers’ shares slipped, with investors focused on a European Central Bank meeting later in the day. The pan-European STOXX 600 index slipped 0.1% by 0713 GMT, snapping a […]

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Stock futures trade cautiously ahead of key inflation report

Is a market correction coming? Bob Doll says yes Crossmark Global Investments chief investment officer Bob Doll on economic recovery and today’s markets.  U.S. equity futures are trading mixed ahead of the latest inflation-related report. The major futures indexes suggest a small gain on the Dow when the opening bell rings. GET FOX BUSINESS ON THE GO BY CLICKING HERE […]

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