By Idrees Ali WASHINGTON, Dec 31 (Reuters) – The United States Coast Guard is searching for survivors of a U.S. military strike against a convoy of suspected drug vessels in the Pacific Ocean, U.S. officials said on Wednesday. President Donald Trump’s administration has carried out more than 30 strikes against suspected drug boats in the…
By Michael Erman NEW YORK, Dec 31 (Reuters) – Drugmakers plan to raise U.S. prices on at least 350 branded medications including vaccines against COVID, RSV and shingles and blockbuster cancer treatment Ibrance, even as the Trump administration pressures them for cuts, according to data provided exclusively by healthcare research firm 3 Axis Advisors. The…
By Olivia Le Poidevin and Daphne Psaledakis GENEVA/WASHINGTON, Dec 29 (Reuters) – The United States on Monday pledged $2 billion in assistance to tens of millions of people facing hunger and disease in more than a dozen countries next year, part of what it said was a new mechanism for the delivery of life-saving assistance following…
By Chuck Mikolajczak NEW YORK, Dec 31 (Reuters) – The U.S. dollar advanced on Wednesday, erasing earlier declines after a stronger than expected labor market reading, but it was still set for its biggest annual drop since 2017 after a year of interest rate cuts, fiscal worries and erratic U.S. trade policy under President Donald…
MOSCOW, Dec 29 (Reuters) – The Kremlin said on Monday that Ukraine should withdraw its troops from the part of Donbas that it still controls if it wanted peace, and that if Kyiv did not strike a deal then it would lose yet more territory. Putin and Trump spoke on Sunday ahead of Trump’s meeting…
Gold Is Surging Again – But This Nevada Opportunity Offers Much More Than Gold Strange picture predicts the market’s next move? [sponsor] Gold Is Surging Again – But This Nevada Opportunity Offers Much More Than Gold [sponsor] Gold has been on an incredible run as investors search for safety, inflation hedges, and real assets with staying…
WARSAW, Dec 30 (Reuters) – Poland has asked the European Commission to investigate TikTok after the social media platform hosted artificial intelligence-generated content including calls for Poland to withdraw from the EU, it said on Tuesday, adding that the content was almost certainly Russian disinformation. A TikTok profile showing videos of young women dressed in…
By Maggie Fick and Bhanvi Satija LONDON, Dec 29 (Reuters) – Ask executives in the healthcare industry about the future market for weight-loss drugs and the analogies are telling: monthly GLP-1 medicine subscriptions like a streaming video membership; dose decisions managed on a smartphone app; access made as easy as buying a pair of Nikes. This…
By Jeff Horwitz Dec 30 (Reuters) – The attorney general of the U.S. Virgin Islands has sued Meta Platforms, accusing the Facebook and Instagram owner of deliberately profiting from advertisements for scams and failing to keep its social media platforms safe for children. “Meta knowingly and intentionally exposes its users to fraud and harm. It…
SINGAPORE, Dec 30 (Reuters) – China is requiring chipmakers to use at least 50% domestically made equipment for adding new capacity, three people familiar with the matter said, as Beijing pushes to build a self-sufficient semiconductor supply chain. The rule is not publicly documented, but chipmakers seeking state approval to build or expand their plants…
