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U.S. settles with Teva over keeping generic drugs off market

FILE PHOTO: The logo of Teva Pharmaceutical Industries is seen during a news conference hold by its CEO, Kare Schultz, to discuss the company’s 2019 outlooks in Tel Aviv, Israel February 19, 2019. REUTERS/Amir Cohen/File Photo WASHINGTON (Reuters) – The U.S. government has reached a settlement with Teva Pharmaceuticals Industries …

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U.S. watchdog proposes 'testing waters' before public offerings

FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) proposed on Tuesday to expand a rule that allows companies to sound prospective investors out …

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Gold hits 10-month peak on growth worries; dollar slips

NEW YORK (Reuters) – Gold prices rose to a 10-month high on Tuesday as concerns over a global economic slowdown spurred a safe-haven bid and were also supported by a weaker U.S. dollar, which fell on optimism for a breakthrough in U.S.-China trade talks. FILE PHOTO: Gold bullion is displayed …

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Medtronic quarterly revenue rises 2.4 percent

Omar Ishrak, CEO of Medtronic, speaks during an IBM keynote address at the 2016 CES trade show in Las Vegas, Nevada, January 6, 2016. REUTERS/Steve Marcus (Reuters) – Medical device maker Medtronic Plc on Tuesday reported a 2.4 percent rise in third-quarter revenue, driven by higher sales in surgical products …

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Huawei founder says Huawei CFO arrest was politically motivated: BBC

(Reuters) – Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated. FILE PHOTO: Meng Wanzhou, Huawei Technologies Co Ltd’s chief financial officer (CFO), is seen in this undated handout photo obtained by Reuters December 6, 2018. Huawei/Handout …

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