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Chinese firms want to build, finance California high-speed train

A team of Chinese firms, along with the Export-Import Bank of China, wants to build and finance a large part of California’s proposed 800-mile high-speed rail project. The firms expressed their interest last month in a 23-page document sent to the California High-Speed Rail Authority. The authority asked private companies from around the globe to help shape the state’s strategy to launch the first stage of its train line, considered

Chinese firms want to build, finance California high-speed train

A team of Chinese firms, along with the Export-Import Bank of China, wants to build and finance a large part of California’s proposed 800-mile high-speed rail project. The firms expressed their interest last month in a 23-page document sent to the California High-Speed Rail Authority. The authority asked private companies from around the globe to help shape the state’s strategy to launch the first stage of its train line, considered

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