Posts From King World News

FDA eye drug rebuff adds to Shire's woes in Baxalta pursuit

(Reuters) – Shire Plc suffered a setback for its most important pipeline medicine late on Friday, adding to the group’s problems as it pursues Baxalta Inc to forge the leading global specialist in rare diseases. The Irish company said the U.S. Food and Drug Administration (FDA) had declined to approve its new eye drug lifitegrast and had requested an additional clinical study. The news comes just over a week before

The Simple Mind Trick That Helped Me Lose Weight

When I used to work in corporate entertainment, I had the most spectacular boss. He was in his late 40s, and while he rarely worked out beyond an occasional swim (he was managing a frantic work life, kids – the whole deal), he always stayed trim and fit and had tons of energy. He was happy and unfettered (for the most part) by the challenges…

Africa slowdown should not stop infrastructure plans – World Bank

By Matthew Mpoke Bigg ACCRA (Reuters) – Africa should press ahead with plans to develop its transport and energy networks despite a recent slowdown in GDP growth because better infrastructure is key to long term development, the head of the World Bank said on Friday. To that end, governments need to maintain macro-economic stability to attract capital that remains willing to commit to the continent even though investment in emerging

FDA eye drug rebuff adds to Shire's woes in Baxalta pursuit

(Reuters) – Shire Plc suffered a setback for its most important pipeline medicine late on Friday, adding to the group’s problems as it pursues Baxalta Inc to forge the leading global specialist in rare diseases. The Irish company said the U.S. Food and Drug Administration (FDA) had declined to approve its new eye drug lifitegrast and had requested an additional clinical study. The news comes just over a week before

Ebola outbreak may enter third year after new cases in Guinea

By Tom Miles GENEVA (Reuters) – Two people have fallen ill with Ebola in Guinea, the World Health Organization said on Friday, dashing hopes of an imminent end to the worst recorded outbreak of the disease after a two-week spell without any new cases across West Africa. The outbreak has already killed 11,298 people out of almost 28,500 known cases in Guinea and neighbouring Liberia and Sierra Leone. Liberia was

The Simple Mind Trick That Helped Me Lose Weight

When I used to work in corporate entertainment, I had the most spectacular boss. He was in his late 40s, and while he rarely worked out beyond an occasional swim (he was managing a frantic work life, kids – the whole deal), he always stayed trim and fit and had tons of energy. He was happy and unfettered (for the most part) by the challenges…

Africa slowdown should not stop infrastructure plans – World Bank

By Matthew Mpoke Bigg ACCRA (Reuters) – Africa should press ahead with plans to develop its transport and energy networks despite a recent slowdown in GDP growth because better infrastructure is key to long term development, the head of the World Bank said on Friday. To that end, governments need to maintain macro-economic stability to attract capital that remains willing to commit to the continent even though investment in emerging

Ebola outbreak may enter third year after new cases in Guinea

By Tom Miles GENEVA (Reuters) – Two people have fallen ill with Ebola in Guinea, the World Health Organization said on Friday, dashing hopes of an imminent end to the worst recorded outbreak of the disease after a two-week spell without any new cases across West Africa. The outbreak has already killed 11,298 people out of almost 28,500 known cases in Guinea and neighbouring Liberia and Sierra Leone. Liberia was

JPMorgan, Morgan Stanley pay most in $1.9 billion swaps price-fixing settlement

By Nate Raymond (Reuters) – JPMorgan Chase & Co, Morgan Stanley and Barclays Plc will pay over half of a more than $1.86 billion settlement resolving investor claims they conspired to fix prices and limit competition in the market for credit default swaps, according to a court filing. Details of the settlement’s breakdown with those and nine other banks were disclosed in papers filed late on Friday, in federal court