BEIJING (Reuters) -China’s business confidence fell to its lowest since January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on economic ac[...]
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Health
Pfizer defeats race-bias lawsuit over minority fellowship program
By Nate Raymond (Reuters) -A federal judge on Friday tossed a lawsuit by a group of medical professionals alleging a fellowship program established by Pfizer Inc to improve diversity within its higher[...]
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China’s economy picking up but “arduous efforts” needed to sustain momentum – state planner
BEIJING (Reuters) – China’s economy is expected to pick up, but “arduous efforts” are needed to sustain the recovery in growth due to an adverse external environment and the gl[...]
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Illumina defends $7.1 billion Grail buy to fend off antitrust regulators
By Diane Bartz WASHINGTON (Reuters) – U.S. life sciences company Illumina Inc on Tuesday defended its $7.1 billion acquisition of biotech firm Grail Inc , pledging to keep selling its DNA sequen[...]
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Eli Lilly forecasts 2023 adjusted profit below estimates
(Corrects paragraph 3 to say revenue forecast is higher than estimate, not lower) (Reuters) – Eli Lilly and Co forecast 2023 adjusted profit below estimates on Tuesday, bracing for pressure from[...]
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Pfizer sees $10 billion-$15 billion in annual mRNA vaccine revenue by 2030
(Reuters) -U.S. drugmaker Pfizer Inc said on Monday annual global revenue from its mRNA vaccine business could reach $10 billion to $15 billion by 2030. The company provided potential revenue details[...]
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China domestic searches for hotels surge after easing restrictions – KAYAK
(Reuters) – Travel website KAYAK, owned by Booking Holdings Inc, said domestic searches for hotels within China surged last week, after the country loosened its COVID-19-related restrictions. KA[...]
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Chinese consumers wary of splurging after COVID strictures fall
By Casey Hall SHANGHAI (Reuters) – China’s weary public and businesses have welcomed the easing of stringent “zero-COVID” measures, but Jorry Fan, who lives in the eastern city[...]
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Foxconn’s COVID-hit China plant lifts “closed-loop” management curbs
LONDON (Reuters) – HONG KONG, Dec 8 (Reuters) – Apple supplier Foxconn’s COVID-hit Zhengzhou facility in China has lifted its “closed-loop” management curbs on Thursday,[...]
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