Reactions to death of former Italian prime minister Berlusconi

MILAN (Reuters) – Former Italian Prime Minister Silvio Berlusconi, a billionaire businessman who created Italy’s largest media company and led AC Milan to international soccer glory before transforming the political landscape, died aged 86. Here are some reactions to the news of his death: GIORGIA MELONI, ITALIAN PRIME MINISTER “Silvio Berlusconi was above all a…

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Catalent shares jump as long-delayed results clear ‘low bar’

By Bhanvi Satija (Reuters) – Catalent’s shares shot up 12% on Monday as the contract drug manufacturer posted third-quarter revenue ahead of estimates after a long delay caused by persistent production issues at its major facilities. The company reported a larger-than-expected quarterly loss and cut its annual revenue forecast for the second time, but strength…

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Biogen rises as FDA panel backs Alzheimer’s drug, easing safety concerns

(Reuters) – Biogen’s shares rose 2% on Monday as a unanimous backing of its Alzheimer’s drug by the U.S. health regulator’s advisers strengthened the case for a traditional approval with no major new safety warnings. The Food and Drug Administration’s advisory panel unanimously agreed that a late-stage trial of the drug Leqembi, developed with partner…

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Kherson’s unending nightmare through occupation, shelling and now floods

By Max Hunder KHERSON, Ukraine (Reuters) – For Kherson resident Iryna Radetska, the catastrophic flooding of her city after the giant Kakhovka dam was destroyed is the latest chapter in more than a year of wartime suffering. “They say a new love kills the old one. Maybe it’s the same with tragedy,” said 52-year-old Radetska,…

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Swiss regulator welcomes UBS’s strategic focus

ZURICH (Reuters) – Swiss financial regulator FINMA has specified the central elements of its regulatory requirements for the merged UBS and Credit Suisse, it said on Monday. The regulator also said it “welcomes UBS’s strategic focus, which foresees a rapid reduction of risk in investment banking,” in a statement after UBS formally completed its emergency…

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Novo Nordisk invests $2.3 billion in Danish production facility

COPENHAGEN (Reuters) -Danish drugmaker Novo Nordisk will invest 15.9 billion Danish crowns ($2.29 billion) to expand a production facility in Denmark for products to treat serious chronic diseases, the company said in a statement on Monday. The existing facility produces active pharmaceutical ingredient (API), the main biologically active components of medicines, and will be expanded…

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BioNTech faces first German lawsuit over alleged COVID vaccine side effects

By Ludwig Burger and Patricia Weiss HAMBURG (Reuters) -BioNTech will go to court on Monday to defend itself against a lawsuit from a German woman who is seeking damages for alleged side effects of its COVID-19 vaccine, the first of potentially hundreds of cases in the country. The woman, exercising her right under German privacy…

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Children who survived five weeks in Colombia jungle will tell own story: father

BOGOTA (Reuters) – Four Indigenous children who were missing for more than five weeks in Colombia’s southern jungle will tell their own story about the ordeal, the father of the two youngest siblings said on Sunday. The children, aged 1 through 13, survived a May 1 plane crash that killed their mother and two other…

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Annecy knife attack suspect placed in detention – prosecutor

PARIS (Reuters) – The suspect in a knife attack in which four toddlers and two pensioners that wounded in the southeastern French town of Annecy on Thursday has been placed in detention, the local prosecutor said on Saturday. The suspect is under formal investigation for attempted murder and resisting arrest with a weapon, the prosecutor…

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