Eisai, Biogen say Alzheimer’s drug succeeds in slowing cognitive decline

Eisai, Biogen say Alzheimer’s drug succeeds in slowing cognitive decline

Sept 27 (Reuters) – Eisai Co Ltd (4523.T) and Biogen Inc (BIIB.O) on Tuesday said their experimental Alzheimer’s drug significantly slowed cognitive and functional decline in a large trial of patients in the early stages of the disease, marking a rare win in a field littered with failed drugs. The drug, lecanemab, slowed progress of … Read more

Prominent Chinese commentator urges COVID experts to ‘speak out’

Prominent Chinese commentator urges COVID experts to ‘speak out’

Register now for FREE unlimited access to Reuters.com Register BEIJING, Sept 26 (Reuters) – Prominent Chinese commentator Hu Xijin said on Sunday that as China ponders its COVID-19 policies, epidemic experts need to speak out and China ought to conduct comprehensive research and make any studies transparent to the public. Hu’s unusual call on Chinese … Read more

Fed set for big rate hike as waters get choppy for world’s central banks

Fed set for big rate hike as waters get choppy for world’s central banks

Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo Register now for FREE unlimited access to Reuters.com Register Markets expect Fed to raise rates by 75 basis points Policy statement, projections due at 2 p.m. EDT (1800 GMT) Fed’s Powell to hold news conference WASHINGTON, Sept … Read more

U.S. rents surge, leaving behind generation of younger workers

U.S. rents surge, leaving behind generation of younger workers

Sept 21 (Reuters) – The cost of renting a home in the United States is surging and young workers have felt the sharpest pain, many of them taking on additional jobs or roommates to afford housing costs. Household rents in 2021 jumped 10% from pre-pandemic levels, according to Census Bureau estimates released last week. The … Read more

Canada to drop COVID vaccine requirement to enter country on Sept 30-source

Canada to drop COVID vaccine requirement to enter country on Sept 30-source

A sign pointing to a clinic where residents who are over 50 years old and immunocompromised can receive their second booster shots of the coronavirus disease (COVID-19) vaccines in Waterford, Michigan, U.S., April 8, 2022. REUTERS/Emily Elconin Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – Canada’s federal government will likely … Read more

Ford stock has biggest daily drop since 2011 after inflation warning

Ford stock has biggest daily drop since 2011 after inflation warning

The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – Ford Motor Co’s (F.N) stock tumbled over 12% on Tuesday in its deepest one-day decline in over a decade after the automaker said inflation-related costs … Read more

Hungary government submits first anti-graft bill to avoid losing EU funds

Hungary government submits first anti-graft bill to avoid losing EU funds

Prime Minister of Hungary Viktor Orban waves at the audience during general session at the Conservative Political Action Conference (CPAC) in Dallas, Texas, U.S., August 4, 2022. REUTERS/Go Nakamura/ Register now for FREE unlimited access to Reuters.com Register EU executive proposes taking 7.5 billion euros from Hungary Says remedies proposed by Hungary could work if … Read more

Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits

Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits

Register now for FREE unlimited access to Reuters.com Register Sept 19 (Reuters) – People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, saying the profitable company should not be allowed to use a bankrupt subsidiary to block lawsuits alleging the products cause cancer. They … Read more

Wall Street flat but trading choppy ahead of Fed rate meet

Wall Street flat but trading choppy ahead of Fed rate meet

Register now for FREE unlimited access to Reuters.com Register All eyes on Fed policy decision on Wednesday Traders price in small chance of 100 bps rate hike Take Two’s GTA VI gameplay footage leaked online Indexes all down 0.05%-0.06% Sept 19 (Reuters) – Wall Street’s main indexes were flat in the early afternoon on Monday … Read more

In a first, EU moves to cut money for Hungary over damaging democracy

In a first, EU moves to cut money for Hungary over damaging democracy

Register now for FREE unlimited access to Reuters.com Register EU executive proposes taking 7.5 billion euros from Hungary Says remedies proposed by Hungary could work if well implemented 27 EU countries have three months to decide, no veto EU tests new democracy sanction for the first time BRUSSELS, Sept 18 (Reuters) – The European Union … Read more