Novartis drug cuts recurrence risk by 25% in early-stage breast cancer

By Ludwig Burger FRANKFURT (Reuters) – Novartis breast cancer drug Kisqali cut the risk of recurrence by more than 25% in a pivotal trial on women diagnosed at an early stage, positioning the Swiss drugmaker to win new patients and but facing strong competition from Eli Lilly. The company on Friday said the relative risk…

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Australia PM says breakdown in US-China relations would be devastating

By Joe Brock and Kanupriya Kapoor SINGAPORE (Reuters) -Australian Prime Minister Anthony Albanese on Friday called for greater engagement between the United States and China, saying a breakdown in dialogue between the superpowers could have devastating consequences for the world. The relationship between the United States and China is at its lowest point in decades,…

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Hungary cbank chief sees chance for euro adoption only after 2030

BUDAPEST (Reuters) – Hungary should not consider adopting the euro before 2030 as joining the single currency zone before its economy is duly prepared would backfire, central bank governor Gyorgy Matolcsy said on Friday. Matolcsy said once Hungary reaches about 90% of the EU’s average level in terms of economic development, then the adoption of…

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NATO official calls for transparency over nuclear weapons

By Greg Torode Singapore (Reuters) -A senior NATO official on Friday urged Beijing to be more open about its accelerating nuclear weapons build-up, saying that as a global power, China had a responsibility to improve transparency. Angus Lapsley, the North Atlantic Treaty Organisation’s (NATO) Assistant Secretary General for Defence Policy and Planning, told the Shangri-La…

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Explainer-Parsing the Fed’s path to pause rate hikes

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials may still be fighting an inflation war, but they’ve opened the door to the possibility the U.S. central bank’s benchmark overnight interest rate won’t rise from the current 5.00%-5.25% range at the upcoming June 13-14 policy meeting. Here’s a guide to the data informing the debate…

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Blinken warns against peace efforts that would reward Russian aggression

By Essi Lehto, Anne Kauranen and Humeyra Pamuk HELSINKI/WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken on Friday warned against any peace initiatives that could help legitimize Russia’s seizure of Ukrainian territory, saying a “just and durable” peace effort should address accountability and reconstruction. Delivering what U.S. officials described as a highlight speech that lays…

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Kosovo opposition blames PM Kurti for worsening relations with West over unrest in north

By Fatos Bytyci PRISTINA (Reuters) – Kosovo opposition parties on Friday blamed Prime Minister Albin Kurti for worsening relations with Western allies over violence in the north in which NATO peacekeepers were injured, and they called for a no-confidence motion against the government. Unrest intensified in the area after elections in April that were boycotted…

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Can I have a kangaroo? Navalny taunts Russian prison with bizarre requests

By Guy Faulconbridge MOSCOW (Reuters) – Alexei Navalny, Russia’s most famous opposition leader, on Friday shared letters showing how he has poked fun at prison authorities for several months with a host of bizarre requests for a kimono, a balalaika, a beetle and even to keep a kangaroo. The requests were turned down by the…

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Tiananmen vigils shift overseas as Hong Kong falls silent

By Jessie Pang and Laurie Chen HONG KONG/BEIJING (Reuters) -As restrictions in Hong Kong have snuffed out what were once the largest vigils marking the 1989 Tiananmen Square crackdown, cities like London, New York, Berlin and Taipei are left carrying the candle to commemorate the June 4 anniversary. Tens of thousands of people have left…

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