(Reuters) – Senate Energy and Natural Resources Committee chair Joe Manchin on Thursday urged the U.S. Treasury to pause implementation of commercial and consumer electric vehicle tax credits. T[...]
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Gilead buys out rights to cancer therapy from Jounce for $67 million
(Reuters) – Gilead Sciences will buy all the remaining rights for an experimental cancer therapy, GS-1811, from Jounce Therapeutics for $67 million, the drugmaker said on Tuesday. The amended li[...]
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Germany’s energy crisis powers hydrogen switch
By Louisa Off and Riham Alkousaa KELHEIM, Germany (Reuters) – From the moment Russian gas exports to Germany were first disrupted in June, German firm Kelheim Fibers began casting around for alt[...]
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Dollar slides as traders weigh China outlook, U.S. jobless claims
By Hannah Lang WASHINGTON (Reuters) – The dollar slipped on Thursday with investors on edge at the end of the year as initial optimism over China’s reopening fizzled out and as markets pro[...]
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U.S. sues AmerisourceBergen, says distributor helped ignite opioid epidemic
By Nate Raymond, Jonathan Stempel and Gram Slattery WASHINGTON (Reuters) -The U.S. government on Thursday filed a lawsuit accusing AmerisourceBergen Corp, one of the nation’s largest drug distri[...]
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European shares rise; China’s COVID surge quells risk appetite
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – European shares closed higher on Thursday, with technology stocks leading gains, buoyed by Wall Street cheer after U.S. jobless data ease[...]
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Jobless benefits rolls grow but U.S. labor market remains resilient
By Dan Burns (Reuters) -The number of Americans filing new claims for unemployment benefits edged higher last week and a week earlier the total number on jobless assistance reached the highest since F[...]
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Honda to recall 200,000 hybrid vehicles made in China -regulator
By Casey Hall SHANGHAI (Reuters) – Honda will recall just over 200,000 hybrid vehicles due to issues with brake pedal sensors in some models, China’s State Administration for Market Regula[...]
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Italy says goal in exiting MPS is having several big banks
By Valentina Za and Giuseppe Fonte MILAN (Reuters) -Italy will work to exit the capital of bailed-out lender Monte dei Paschi di Siena with a view to having several large banking groups in the country[...]
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