Mexico’s rulers clinch opposition bastion ahead of presidency race

By Dave Graham MEXICO CITY (Reuters) -Mexico’s ruling party comfortably captured a major historic stronghold of the opposition in an election on Sunday, consolidating President Andres Manuel Lopez Obrador’s hold on power ahead of the battle to succeed him next year. Lopez Obrador’s leftist National Regeneration Movement (MORENA) won the State of Mexico gubernatorial contest…

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Retailers battle for uncertain back-to-school demand after ‘volatile’ quarter

By Katherine Masters NEW YORK (Reuters) – Stocking shelves with low-priced notebooks and slashing prices on sneakers and uniforms, major retailers including Walmart, Foot Locker and Marks & Spencer are preparing for a challenging back-to-school shopping season this year. U.S. shoppers’ spending in the summer ahead of the college and K-12 school year has grown…

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Cancer vaccines poised to unlock ‘new treatment paradigm’ with Merck/Moderna data

By Julie Steenhuysen CHICAGO (Reuters) – Adding an experimental mRNA-based vaccine from Moderna Inc and Merck & Co reduced the risk that the most deadly skin cancer would spread by 65% over treatment with an immunotherapy alone in a mid-stage trial, the companies reported on Monday. With this and earlier data, Moderna is considering seeking…

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Australian corporate regulator urges disclosure on impact on assets for results

(Reuters) – The Australian corporate regulator said on Tuesday that it had urged companies to make full disclosures of impact of COVID-19 and rising interest rates on asset valuations in their upcoming full-year and half-year results. The Australian Securities and Investments Commission (ASIC) said in a statement that directors should ensure that investors are duly…

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