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Biogen's Alzheimer's drug stumbled through testing but will become available in the US for $56,000. The arrival of the first new Alzheimer's drug in two decades should have been a moment of celebration. Collier was diagnosed in 2008 with Alzheimer's disease and was part of a clinical trial at Brigham and Women's Hospital. Though Knopman was against Aduhelm's approval, he's come around to the idea that it might not spell disaster for other drug trials. Chief Medical Officer Hans Moebius led the research team that developed the last major Alzheimer's drug, Namenda, which was approved in 2003.
Persons: Dr, David Knopman, Knopman, Biogen, Charles W, Collier, Scott McGinnis, Suzanne Kreiter, Aduhelm, Michel Vounatsos, Ronny Gal, That's, Charles Flagg, Charles Krupa, Alzheimer's, James Brewer, Jefferies, Andrew Tsai, George Perry, Perry, Thomson, Michael Greicius, Caleb Alexander, John Dwyer, drugmakers, he's, who've, that's, Hans Moebius, Moebius isn't, Dwyer Organizations: US Food and Drug Administration, Mayo Clinic, FDA, Brigham, Women's, Boston Globe, Getty, Alzheimer's Association, Caring, for Clinical, Medicare's, Butler Hospital, Associated Press Medical, University of California, University of Texas, Thomson Reuters, University of Southern, New York Times, Athira Pharma Locations: Providence , Rhode Island, University of California San Diego, San Antonio, Mexico City, University of Southern California, Seattle
G7 leaders looked relaxed and happy in this year's G7 family photo. Biden is trying to use his first trip abroad as president to boost the US's image after the Trump era. This year's G7 "family photo" was taken on a beach in Cornwall, England, with world leaders' windswept hair stealing the show. British Prime Minister Boris Johnson was front and center, with President Joe Biden — who is on his first trip abroad as commander-in-chief — to his right. "Everybody in the water," Biden jokingly said as the leaders gathered to pose for the shot.
Persons: Biden, Trump, Boris Johnson, Joe Biden —, , Justin Trudea, Emmanuel Macron, Angela Merkel, Charles Michel, Yoshihide Suga, Mario Draghi, Ursula von der Leyen, Donald Trump, Thomson, Pew, Vladimir Putin Organizations: Trump, Canadian, European, EU, Macron, Thomson Reuters, Pew Research Center, NATO Locations: Cornwall, England, British, German, Japanese, Italian, Taormina, Sicily, Italy, Europe, Brussels, Belgium, Geneva, Switzerland
Reuters and the Minneapolis Star Tribune each won a Pulitzer Prize on Friday for journalism about racial inequities in U.S. policing, while the New York Times and the Atlantic were honored for chronicling the COVID-19 pandemic, the two topics that dominated last year’s headlines. The Pulitzer Prizes are the most prestigious awards in American journalism and have been handed out since 1917, when newspaper publisher Joseph Pulitzer established them in a bequest to New York's Columbia University in his will. Reuters Editor-in-Chief Alessandra Galloni said in a statement that the series shaped the debate over how to reform American policing. The Pulitzer Prize for Reuters, a unit of Thomson Reuters (TRI.TO), was the newsroom's ninth since 2008, and sixth in the last four years. loadingThe New York Times won the public service journalism honor, often seen as the most coveted of the 22 prizes, for its "prescient and sweeping coverage of the coronavirus pandemic."
Persons: George Floyd, Joseph Pulitzer, Mindy Marques, Andrew Chung, Lawrence Hurley, Andrea Januta, Jaimi Dowdell, Jackie Botts, Alessandra Galloni, Mary Stewart, Luke Stewart, Megan Jelinger Read, Ed Yong, Robert Greene, Darnella Frazier, Louise Erdrich Organizations: Reuters, Minneapolis Star Tribune, New York Times, The Star Tribune, Atlantic, New York's Columbia University, Pulitzer, Thomson Reuters, REUTERS, Associated Press, Los Angeles Times, Boston Globe, Columbia University, Thomson Locations: New, American, Cleveland , Ohio, U.S
Google, Facebook pledged millions for local news. Was it enough?
  + stars: | 2021-06-10 | by ( Helen Coster | ) www.reuters.com + 0.00   time to read: +8 min
Google and Facebook accounted for 54% of U.S. digital advertising revenue in 2020, according to eMarketer, a market research company. Under the Facebook Journalism Project, for instance, Reuters received funding to develop a digital media training course for journalists. Both Facebook and Google have made contributions to the news industry apart from the $600 million. Both Facebook and Google say publishers benefit just from using their platforms, which deliver traffic that helps drive advertising revenue and subscriptions. The Seattle Times publisher said his paper has participated in programs backed by Google and Facebook.
Persons: , Maribel Perez Wadsworth, We're, Emily Bell, they're, , Campbell Brown, Ben Monnie, ” Brown, Adam Isserlis, Lance Knobel, Frank Blethen Organizations: Reuters, Google, Facebook, Gannett’s USA, USA Today Network, , Tow Center, Digital Journalism, Columbia University, Reuters Institute for, Journalism, Thomson Reuters, Publishers, GO, Associated Press, BuzzFeed, Cook, Post, HD Media, Seattle Times, Thomson Locations: South, Courier, Charleston , South Carolina, Cityside, Oakland , California, United States, U.S, West Virginia
(Reuters) - A shareholder proposal for Thomson Reuters Corp to review human rights issues emerging from its U.S. government contracts gained increased investor support but failed to win approval at the company’s annual meeting on Wednesday. FILE PHOTO: The Thomson Reuters logo is seen on the company building in Times Square, New York, U.S., January 30, 2018. The shareholder proposal came from a British Columbia labor union and focused on Thomson Reuters work with government agencies including ICE. Wednesday’s resolution called for the company’s board to produce a “human rights risk report” describing potential issues it faces and comparing risk-control procedures against those of other technology companies. Asked about the vote result, Thomson Reuters’ Moran said that “As we review best practices for identifying and mitigating human rights risks, we always welcome feedback from our shareholders and will continue in our dialogue with our investors as part of our shared commitment to human rights.”
Persons: Andrew Kelly Thomson, Dave Moran, Moran, Thomson, David Thomson, Trump, Stephanie Smith, “ Thomson, Steve Hasker, , , Thomson Reuters ’ Moran Organizations: Reuters, Thomson Reuters Corp, Thomson Reuters, REUTERS, Andrew Kelly Thomson Reuters, U.S . Immigration, Customs Enforcement, ICE, Woodbridge Co, “ Thomson Reuters Locations: Square , New York, U.S, British Columbia
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Organizations: Reuters, Thomson Reuters
It's time for Biden to shut NATO's doors
  + stars: | 2021-06-09 | by ( Daniel Depetris | Defense Priorities | ) www.businessinsider.com + 0.00   time to read: +6 min
President Joe Biden's trip to the NATO leaders' summit will have significance as Biden tries to rebuild frayed alliances. NATO leaders pose for a group photo in the park of the Cinquantenaire, during a NATO Summit in Brussels, July 11, 2018. President Donald Trump adjusts his jacket after pushing past Montenegrin Prime Minister Dusko Markovic the NATO Summit in Brussels, May 25, 2017. During this month's NATO summit, the alliance should acknowledge the elephant in the room: NATO's open-door policy doesn't serve the interests of the alliance. And for the United States, continuing to support open doors means adding to an already cumbersome pile of security commitments.
Persons: Joe Biden's, Biden, Daniel R, Joe Biden, Regurgitating, Thomson, Donald Trump, Dusko Markovic, Kevin Coombs, Jaap de Hoop Scheffer, JOHN THYS Organizations: NATO, Defense, Newsweek, Thomson Reuters, Biden, Montenegrin, Reuters, Los Angeles Police Department, Getty Locations: Brussels, Europe, United States, Turkey, Afghanistan, Washington, Iraq, Montenegro, North Macedonia, . North Macedonia, AFP, Ukraine, Georgia, Russia, Moscow
Dollar falls after U.S. jobs data dims hopes for Fed tightening
  + stars: | 2021-06-04 | by ( John Mccrank | ) www.reuters.com + 1.00   time to read: 1 min
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Organizations: Reuters, Thomson Reuters
Ackman SPAC falls flat with Universal denouement
  + stars: | 2021-06-04 | by ( Liam Proud | ) www.reuters.com + 0.00   time to read: +4 min
Billionaire Bill Ackman can expect a similarly flat reception to his blank-cheque firm announcing it is in talks to buy 10% of Universal Music for $4 billion. To be fair, Ackman seems to have secured a fair price for investors in his special purpose acquisition company, Pershing Square Tontine Holdings (PSTH.N), some of whom call themselves Tontards on social media. That leaves 21 euros per share for its 80% Universal stake, implying an equity value for the whole thing of 29 billion euros. - The deal represents an enterprise value of 35 billion euros for Universal. After that, PSTH will distribute Universal shares directly to PSTH shareholders.
Persons: Bill Ackman, Bernstein, Warner Music’s, Drake, Taylor Swift, Universal, Vincent Bolloré, Ackman, Tontards, It’s, Bill Ackman’s Organizations: Democracy, Universal Music, Pershing, Tontine Holdings, Vivendi, Bloomberg, Thomson Reuters, Universal, Amsterdam, Rights Company, SPARC Locations: Amsterdam
British PM Johnson receives second AstraZeneca COVID-19 shot
  + stars: | 2021-06-03 | by ( ) www.reuters.com + 1.00   time to read: 1 min
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Organizations: Reuters, Thomson Reuters
The People's Bank of China set the midpoint rate at 6.3773 per dollar prior to market open, 201 pips weaker than the previous fix of 6.3572. The offshore yuan was trading at 6.3825 per dollar. Negative number indicates that spot yuan is trading stronger than the midpoint. The People's Bank of China (PBOC) allows the exchange rate to rise or fall 2% from official midpoint rate it sets each morning. OFFSHORE CNH MARKET Instrument Current Difference from onshore Offshore spot yuan 6.3825 0.03% * Offshore 6.5375 -2.45% non-deliverable forwards ** *Premium for offshore spot over onshore **Figure reflects difference from PBOC's official midpoint, since non-deliverable forwards are settled against the midpoint.
Persons: Chaoping Zhu, Carlos Casanova, Liu, Janet Yellen, Luoyan Liu, Samuel Shen, Andrew Galbraith, Kim Coghill Organizations: People's Bank of, Morgan Asset Management, Union Bancaire, Treasury, U.S, Biden, Federal Reserve, Thomson Reuters, HKEX, Thomson, People's Bank of China Locations: SHANGHAI, People's Bank of China, Asia, Hong Kong, China, U.S
France to set up 3 bln euro company support fund, says minister
  + stars: | 2021-06-01 | by ( ) www.reuters.com + 1.00   time to read: 1 min
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Organizations: Reuters, Thomson Reuters
Nissan plans work stoppages in Mexico in June due to chip shortage
  + stars: | 2021-05-28 | by ( ) www.reuters.com + 1.00   time to read: 1 min
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Organizations: Reuters, Thomson Reuters
Reuters postpones website paywall amid Refinitiv dispute
  + stars: | 2021-05-27 | by ( Kenneth Li | ) www.reuters.com + 0.00   time to read: +2 min
REUTERS/Andrew KellyReuters News postponed the launch of its website paywall following a dispute with financial data provider Refinitiv over whether the move would breach a news supply agreement between the two companies. In a staff meeting on Thursday, Reuters Editor-in-Chief Alessandra Galloni confirmed that the news agency had paused the launch of the website paywall as well as the introduction of a new legal news section on the website, while discussions with Refinitiv to resolve the dispute were ongoing. Discussions with Refinitiv were "about our business approach and products, and how we can enhance our offer to all customers," the spokesman said. London Stock Exchange Group Plc (LSEG.L), the parent of Refinitiv, said discussions were ongoing. Refinitiv was part of Thomson Reuters until private equity firm Blackstone Group Inc (BX.N) acquired a majority stake in it in 2018.
Persons: Andrew Kelly, Alessandra Galloni, Refinitiv, Reuters ’, Blackstone, Josh London Organizations: Thomson Reuters, REUTERS, Andrew Kelly Reuters News, Reuters, Thomson Reuters Corp, London Stock Exchange Group, Blackstone Group Inc, LSE, Refinitiv, Bloomberg, Reuters News, Thomson Locations: Square , New York, U.S
Refinitiv boss Craig to leave parent LSEG at end of year
  + stars: | 2021-05-26 | by ( Huw Jones | ) www.reuters.com + 0.00   time to read: +3 min
REUTERS/Toby Melville/File Photo/File PhotoCraig would serve in an advisory capacity from July and leave the company at the end of the year, the LSEG said in a statement. The takeover came into sharp focus on March 5 when LSEG shares tumbled more than 12% on higher-than-expected costs for improving the resilience of Refinitiv’s legacy platform. Craig became CEO of Refinitiv in 2018, having led the team that founded the company out of the financial and risk division of Thomson Reuters. “With credit to David, he took a long-term view when he first recruited Andrea,” LSEG CEO David Schwimmer said in the statement. (Graphic: LSEG shares - )
Persons: David Craig, Andrea Remyn Stone, Toby Melville, Craig, Blackstone, LSEG, Stone, , ” Stone, David, Andrea, , David Schwimmer, Schwimmer, Refinitiv Organizations: London Stock Exchange, Bloomberg, London Stock Exchange Group, City of, REUTERS, London bourse, Refinitiv, Thomson Reuters, Reuters News, Reuters Locations: City, City of London, Britain, London, Dealogic, Refinitiv, LSEG
Refinitiv boss David Craig to leave parent LSEG end of year
  + stars: | 2021-05-26 | by ( Reuters Staff | ) www.reuters.com + 0.84   time to read: 1 min
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo/File Photo(Reuters) - London Stock Exchange Group said on Wednesday David Craig, chief executive officer of its Refinitiv data and analytics business, would be leaving the group at the end of 2021 and has promoted Andrea Remyn Stone to succeed him. The London bourse operator had completed its $27 billion purchase of Refinitiv earlier this year. Thomson Reuters, the parent company of Reuters News, holds a 15% stake in LSEG following the Refinitiv deal.
Persons: Toby Melville, David Craig, Andrea Remyn Stone, Thomson Organizations: London Stock Exchange Group, City of, REUTERS, London Stock Exchange, London bourse, Thomson Reuters, Reuters Locations: City, City of London, Britain, London, LSEG
China's yuan climbs to 3-year high on stronger guidance
  + stars: | 2021-05-26 | by ( Reuters Staff | ) www.reuters.com + 0.00   time to read: +3 min
Spot yuan opened at 6.4062 per dollar, rose past the psychologically important 6.4000 per dollar level and pushed as high as 6.3940 per dollar, the strongest since June 2018. The offshore yuan was trading at 6.3875 per dollar. The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 97.59, firmer than Tuesday's 97.58. Negative number indicates that spot yuan is trading stronger than the midpoint. The People's Bank of China (PBOC) allows the exchange rate to rise or fall 2% from official midpoint rate it sets each morning.
Persons: Shen Xinfeng, Shen, Luoyan Liu, Han Xiao, Andrew Galbraith, Jacqueline Wong Organizations: People's Bank of, Traders, Northeast Securities, . Federal Reserve, Thomson Reuters, HKEX, Thomson, People's Bank of China Locations: SHANGHAI, People's Bank of China, China, Beijing, U.S
Capital Calls: LSEG tightens its grip on Refinitiv
  + stars: | 2021-05-26 | by ( ) www.reuters.com sentiment -1.00   time to read: +1 min
The Refinitiv logo is seen on a web page of a computer screen at offices in London, Britain August 1, 2019. Just four months after completing its $27 billion takeover of Refinitiv, the owner of the London Stock Exchange has tightened its grip on the financial information purveyor. Refinitiv Chief Executive David Craig announced on Wednesday he’ll leave the $60 billion company by the end of the year read more . It’s no surprise that Craig, who led the 2018 buyout of Refinitiv from Thomson Reuters (TRI.TO), , owner of Breakingviews, has decided to move on. Rising costs have spooked investors; LSEG shares are down 13% since the Refinitiv deal closed at the end of January.
Persons: Toby Melville, David Craig, he’ll, Andrea Remyn Stone, It’s, Craig, David Schwimmer, Schwimmer, Peter Thal Larsen Organizations: REUTERS, Refinitiv, London Stock Exchange, Thomson Reuters, Shareholders, Exxon Locations: London, Britain, BlackRock
The BlackBerry logo is pictured at the BlackBerry campus in Waterloo Thomson ReutersBlackBerry shares rose as much as 12% amid increased chatter from Redditors. BlackBerry shares jumped as much as 12% Wednesday amid cheers from Redditors and a broader rally in meme stocks. BlackBerry shares rose as high as $25.10 on January 27, before falling back down to single digits in the following months. GameStop rose as much as 18% as AMC rose as much as 19%, both adding to gains earlier in the week. GameStop, AMC, BlackBerry, and Virgin Galactic were the most talked about stocks on Reddit, HypeEquity data show.
Persons: Redditor, Redditors, Richard Branson Organizations: Waterloo Thomson Reuters BlackBerry, GameStop, AMC, Virgin Galactic, Nokia Locations: Waterloo
Taiwan reports another rise in domestic COVID-19 cases
  + stars: | 2021-05-23 | by ( ) www.reuters.com + 1.00   time to read: 1 min
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Organizations: Reuters, Thomson Reuters
China says ByteDance, Baidu, Microsoft improperly collected user data
  + stars: | 2021-05-21 | by ( ) www.reuters.com + 1.00   time to read: 1 min
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Organizations: Reuters, Thomson Reuters
Apollo co-founder Josh Harris to step down
  + stars: | 2021-05-20 | by ( ) www.reuters.com + 1.00   time to read: 1 min
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Organizations: Reuters, Thomson Reuters
London Stock Exchange Group Plc (LSEG.L) said on Thursday it was in talks with Thomson Reuters Corp (TRI.TO) over their agreement to distribute news content, following a dispute over whether Reuters News could put up a paywall on its website. Reuters News, a unit of Thomson Reuters, recently announced plans to start charging customers $34.99 per month for news on its website, Reuters.com. The LSE bought financial news and information business Refinitiv, formerly a division of Thomson Reuters. In a joint statement, the LSE and Thomson Reuters said "there are ongoing and private discussions about our business approach and products." "The foundation of our partnership is strong and we will continue to work together to deliver for all of our customers," the joint statement said.
Organizations: London Stock Exchange Group, Thomson Reuters Corp, Reuters, Thomson Reuters, LSE, Thomson
Oprah-backed Oatly valued at $13 bln in U.S. debut
  + stars: | 2021-05-20 | by ( ) www.reuters.com + 1.00   time to read: 1 min
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Organizations: Reuters, Thomson Reuters
Yuan slips as Sino-U.S. tensions weighs on appetite
  + stars: | 2021-05-19 | by ( Reuters Staff | ) www.reuters.com + 0.00   time to read: +3 min
SHANGHAI, May 19 (Reuters) - China's yuan slipped on Wednesday as Sino-U.S. tensions weighed on risk appetite, defying central bank attempts to guide it higher and despite the dollar index holding near a 2-1/2-month low. The offshore yuan was trading at 6.4272 per dollar. Inflation expectations still have a bearing on the yuan via the dollar index and the changes in China's monetary and credit conditions. The Fed could hint at tapering again in the second half, which could then push the dollar index and Treasury yields higher, CIB added. The People's Bank of China (PBOC) allows the exchange rate to rise or fall 2% from official midpoint rate it sets each morning.
Persons: Nancy Pelosi, Luoyan Liu, Jindong Zhang, Andrew Galbraith, Sam Holmes Organizations: People's Bank of, U.S . Federal, . House, Research, Thomson Reuters, HKEX, Thomson, People's Bank of China Locations: SHANGHAI, U.S, People's Bank of China, Beijing, Washington, Taiwan, China ., China
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