Doctors should reconsider telling patients to complete a prescribed course of antibiotics because there is not enough evidence to suggest that stopping pills early encourages antibiotic resistance, according to analysis in the British Medical Journal (BMJ). Traditionally, patients have been told they must finish a prescribed course of antibiotics. The current guidance from the World […]
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AstraZeneca shares suffer biggest ever daily fall as lung cancer study fails
AstraZeneca‘s combination of two injectable immunotherapy drugs failed to help patients as hoped in a closely watched advanced lung cancer trial, sending its shares plunging on Thursday. The so-called MYSTIC study was the most anticipated clinical experiment in the pharmaceutical industry this year and the news saw the shares tumble more than 16 percent, wiping […]
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UK-EU freedom of movement to end in ‘spring of 2019’ after Brexit, minister says
The free movement of people between the U.K. and the European Union will come to an end in March 2019 after the completion of Brexit, a U.K. minister said on Thursday. Immigration Minister Brandon Lewis said that the government would introduce a “new system of immigration” by the time the U.K. left the EU, which […]
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EU president’s press conference interrupted by a phone call. It wasn’t his wife.
It should have been just another routine press conference for the European Commission. Right at the end of President Jean-Claude Juncker‘s remarks his phone rang. Juncker reached into his pocket while apologizing to his fellow politicians and journalists in the room. “It’s my wife,” he said. “Sorry.” After looking at his phone, Juncker realized it […]
Read moreLloyds Banking Group‘s biggest half-year profit in eight years and an increase in interim dividends was clouded by ongoing misconduct charges, as the lender reported its first set of results since the bank exited government ownership. Britain’s largest retail bank reported Thursday a statutory pretax profit of 2.5 billion pounds ($3.28 billion) on Thursday, about […]
Read moreVolkswagen said group operating profit more than doubled in the second quarter, helped by cost cuts and higher-margin new models at its core namesake brand. Earnings before interest and tax jumped to 4.55 billion euros ($5.34 billion) from 1.90 billion a year earlier, VW said on Thursday, beating a 4.49-billion-euro consensus forecast in a Reuters […]
Read moreDemand for oil will not shrink overnight despite governments preparing for a transition into electric cars, the CEO of Shell told CNBC on Thursday. “Even in the most aggressive scenario, where policies really work at their best, where technology really makes a lot of strides in the near future, oil isn’t going to peak before […]
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Roche, the biggest maker of cancer drugs, raises outlook after first-half profit beat
Roche, the biggest maker of cancer drugs, raised its 2007 outlook after first-half profit beat market expectations just as the Swiss group’s ageing portfolio of blockbuster medicines faces increasing competition from biosimilar copies. “In 2017, Roche now expects sales to grow mid-single digit, at constant exchange rates. Core earnings per share are targeted to grow […]
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Russian supermodel Natalia Vodianova: Moscow was another planet when I was growing up in poverty
Russian supermodel Natalia Vodianova is now one of the world’s most recognizable faces, having been on the cover of Vogue magazine more than 70 times and starring in lucrative advertising campaigns for brands including Calvin Klein, Versace and L’Oreal. But growing up in the 1980s in Nizhny Novgorod, a city 400km east of Moscow, Vodianova […]
Read moreConsider the Federal Reserve the Starship Enterprise of monetary policy: It went where no central bank had gone before, and now must plot the journey home. The Fed already has begun one leg of the trip, as it has started raising interest rates from financial crisis-era lows. Now, it is preparing to embark on what […]
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