By Alister Doyle OSLO (Reuters) – Twelve major cities including London, Paris, Los Angeles and Cape Town promised on Monday to buy only zero-emissions buses from 2025 and to make major areas free of fossil fuel emissions by 2030 to protect the environment. The 12, with a combined population of almost 80 million, said they […]
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LONDON (Reuters) – Platinum miner Lonmin plans to cut over 1,000 jobs before Christmas, South Africa’s Solidarity union said on Monday, due to persistently low commodity prices and rising costs. “Because of these cost pressures, Lonmin has decided to place a number of its marginal shafts under care and maintenance and that is the reason […]
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LONDON (Reuters) – Everton have sacked manager Ronald Koeman after they dropped into the relegation zone following Sunday’s 5-2 home defeat by Arsenal, the Premier League club said on Monday. Dutchman Koeman took over 16 months ago and spent a significant amount of money overhauling the squad in the last transfer window, but Everton have […]
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LONDON (Reuters) – An unlisted Swiss biotech company focused on developing “armed antibodies” to fight cancer has raised $200 million in a funding round backed by AstraZeneca and other private backers. The new money will allow ADC Therapeutics (ADCT) to advance two experimental drugs into clinical trials next year, which could be used to seek […]
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By Julia Fioretti and Barbara Lewis BRUSSELS/LONDON (Reuters) – There is no need for Europe-wide rules on toxic smoke from building materials, according to a report expected to be signed off by the EU executive over the coming weeks, disappointing campaigners who say regulation is urgently needed following London’s deadly Grenfell Tower fire. The European […]
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JOHANNESBURG (Reuters) – South African miner African Rainbow Minerals dropped KPMG as its auditor on Monday, joining a host of other local companies breaking ties with the firm caught up in an influence-peddling scandal. KPMG has been losing clients after its own investigation last month found flaws in work it did for the tax collection […]
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(Reuters) – Petra Diamonds Ltd’s first quarter revenue fell by 17 percent after the government of Tanzania last month seized a consignment of diamonds from its Williamson mine. The owner of the Cullinan mine in South Africa has been hit by a crackdown on mining firms in Tanzania, where the government is attempting to secure […]
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By Alister Doyle OSLO (Reuters) – Twelve major cities including London, Paris, Los Angeles and Cape Town promised on Monday to buy only zero-emissions buses from 2025 and to make major areas free of fossil fuel emissions by 2030 to protect the environment. The 12, with a combined population of almost 80 million, said they […]
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By Ben Hirschler LONDON (Reuters) – GlaxoSmithKline has won U.S. approval for a new and improved shingles vaccine, the second of three key products for which the British drugmaker expects approval this year. It also secured a recommendation from UK cost authorities for a $700,000 gene therapy for so-called “bubble boy” disease — a step […]
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(Reuters) – GlaxoSmithKline’s gene therapy for the so-called “bubble boy” disease was approved by Britain’s healthcare cost watchdog NICE, despite a price tag of almost 600,000 euros ($700,000). Gene therapy is designed to deliver a one-off cure for the patient and drugmakers are typically asking a hefty price that is comparable to the combined costs […]
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By Justin George Varghese (Reuters) – Britain’s Spire Healthcare has rejected a full takeover offer from South African private hospitals operator Mediclinic International, which already owns nearly 30 percent of its stock, sending its shares up 12 percent. Spire said Mediclinic had made a preliminary and conditional proposal that consisted of 150 pence in cash […]
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(Reuters) – Everton manager Ronald Koeman must be given more time to turn things around for the Premier League club after a disappointing start to the season, former Liverpool defender Jamie Carragher has said. Koeman is under mounting pressure, with Everton’s 5-2 loss to Arsenal on Sunday dropping them into the relegation zone. British media […]
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