‘Life-saving’ Covid-19 drugs sold on black market

A BBC investigation has found that two life-saving drugs used to treat Covid-19 patients in India – remdesivir and tocilizumab – are in short supply and being sold for excessive rates on a thriving black market. Vikas Pandey reports from the capital Delhi. Abhinav Sharma’s uncle had very high fever and difficulty breathing when he was admitted to a hospital […]

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Italian cabinet approves 'mother of all reforms' to slash red tape

ROME (Reuters) – The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been blamed for crimping growth in the euro zone’s third-largest economy. The “simplification decree,” approved after weeks of fraught political negotiation, has been touted by Prime Minister Giuseppe Conte as “the mother of all reforms” to help […]

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Malaysian police to summon Al Jazeera journalists over report on migrant arrests

KUALA LUMPUR (Reuters) – Malaysian police on Tuesday said they will summon reporters of news broadcaster Al Jazeera for questioning over a documentary on the country’s arrests of undocumented migrants, which authorities have accused of being an attempt to tarnish Malaysia’s image. “Locked up in Malaysia’s Lockdown”, produced by the Qatar-based station’s 101 East news programme, focused on the plight […]

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Coronavirus: Mirror and Express publisher Reach to cut 550 jobs

Newspaper publisher Reach is to axe 550 jobs, or 12% of its workforce, in an overhaul designed to cut costs by £35m a year. The group includes the national Mirror, Express and Daily Star titles as well as Scotland’s Daily Record and regional dailies such as the Liverpool Echo and the Manchester Evening News. Reach’s announcement came as it reported […]

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U.S. charges ex-Panama president's sons with bribery, money laundering

GUATEMALA CITY/PANAMA CITY (Reuters) – U.S. prosecutors have charged two sons of former Panamanian President Ricardo Martinelli in connection with bribery and money laundering linked to Brazilian construction firm Odebrecht, according to a federal complaint unsealed on Monday. Luis Enrique Martinelli, 38, and Ricardo Alberto Martinelli, 40, were arrested earlier in the day in Guatemala City as they attempted to […]

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Australia deploys police, army to enforce border closure amid COVID-19 outbreak

SYDNEY/MELBOURNE (Reuters) – Hundreds of police officers and army troops are being deployed to enforce the closure of the busy border between Australia’s two most populous states as officials grapple to contain a fresh coronavirus outbreak. The state line between New South Wales (NSW) and Victoria, which is highly porous and stretches hundreds of kilometres, is scheduled to close at […]

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Japan household spending slumps as curbs hit travel, dining out

TOKYO (REUTERS) – Japan’s household spending fell at the fastest pace on record in May as consumers heeded the authorities’ calls to stay home to contain the coronavirus pandemic, pushing the world’s third-largest economy deeper into decline. The large spending drop will add to growing pressure on policymakers to ramp up moves to restore confidence among businesses and in particular […]

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Solar energy company Sunrun to buy peer Vivint Solar for about $1.46 billion

(Reuters) – U.S. residential solar installer Sunrun Inc (RUN.O) said on Monday it will buy peer Vivint Solar (VSLR.N) for about $1.46 billion in an all-stock deal. Vivint Solar shareholders will receive 0.55 shares of Sunrun for each share held, the companies said in a statement, representing a premium of 10.4% to Vivint’s Monday close. The deal, unanimously approved by […]

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U.S. appeals court rejects GM's call to remove judge from Fiat Chrysler lawsuit

(Reuters) – A U.S. appeals court on Monday denied General Motors Co’s (GM.N) petition to remove a lower court judge from its racketeering lawsuit against Fiat Chrysler Automobiles (FCA) (FCHA.MI), but said the companies’ heads need not meet to settle the issue. The Sixth U.S. Circuit Court of Appeals said U.S. District Judge Paul Borman abused his discretion by requiring […]

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