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England’s COVID reproduction number remains above 1 By Reuters

LONDON (Reuters) - England's COVID-19 weekly reproduction "R" number remained above 1, according to official data released on Friday that showed the virus was continuing to spread. The range narrowed to 1.0 to 1.1, compared with 0.9 to 1.2 in figures released last week. That means for every 10 people infected, they will on average infect between 10 and 11 other people. ...

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Theranos founder claims abuse by ex-boyfriend in fraud trial -court filings By Reuters

(Reuters) - Theranos Inc founder Elizabeth Holmes has accused her former boyfriend, who was president of the blood-testing startup, of abusing her, court documents unsealed on Saturday showed, hinting at a possible defense strategy with jury selection in her fraud trial set to start next week. In court filings submitted more than 18 months ago, Holmes' lawyers said they planned to present evidence that Ramesh "Sunny" Balwani abused her emotionally and psychologically in a relationship that spanned more than a decade. That includes the period when the company claimed its technology could enable a wide array...

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UK’s Morrisons plans shareholder vote on CD&R deal in early October By Reuters

(Reuters) - British supermarket chain Morrisons, at the heart of a $9.5 billion bidding war, plans to hold a shareholder vote on the offer from U.S.-based private equity firm Clayton, Dubilier & Rice (CD&R) around Oct. 5, it said on Friday. The company last week backed a 285 pence per share offer from CD&R, dropping a 272 pence per share bid from a consortium led by SoftBank Group-owned Fortress Investment Group. The court and shareholder meetings on the Fortress offer, initially scheduled for Friday, have been adjourned to Oct. 5, Britain's fourth-largest grocer said in a...

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Moderna vaccine production continues in EU amid contamination probe By Reuters

BRUSSELS/TOKYO (Reuters) - Production of Moderna (NASDAQ:MRNA) COVID-19 vaccines at a plant in Spain can continue, the European Union drugs regulator said on Friday, while it carries out its investigation of a suspected metallic contamination incident. Japan on Thursday suspended the use of 1.63 million doses https://www.reuters.com/world/asia-pacific/japan-withdraws-16-mln-moderna-covid-19-vaccine-doses-over-contamination-nikkei-2021-08-25 shipped to 863 vaccination centres nationwide, more than a week after the domestic distributor, Takeda Pharmaceutical, received reports of contaminants in some vials. The contaminant found in a batch delivered to Japan is believed to be a metallic particle, Japanese public broadcaster NHK reported, citing health ministry...

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Russia wants CSTO security alliance to boost cooperation over Afghanistan By Reuters

MOSCOW (Reuters) - Moscow will work more closely with fellow members of a post-Soviet security alliance as the withdraw of U.S. forces from Afghanistan raises regional security risks, Russia's defence minister was quoted as saying on Saturday. The U.S. exit from Afghanistan has created a security headache for Moscow, which sees former Soviet Central Asia as part of its southern defensive flank and fears the spread of radical Islam. Russian Defence Minister Sergei Shoigu said Moscow had stepped up contacts within the Collective Security Treaty Organization (CSTO), a Moscow-led alliance that groups six former Soviet...

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Big Lots Falls on Forecasting Weaker Annual Sales After Quarter Miss By Investing.com

By Dhirendra Tripathi Investing.com – Big Lots stock (NYSE:BIG) fell 5% on Friday after the discount retailer warned its 2021 comparable sales and margins will be lower than those of the previous year owing to supply chain disruptions and higher freight costs. Sales and earnings in the second quarter were also lower than estimates. The company said its 2021 comparable sales will decline in low-single-digit on a year-on-year basis. The company doesn’t give comparable sales numbers in absolute terms. Total net sales in 2020 were $6.19 billion. Gross margins are seen lower by 100 basis, owing...

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Two die in Japan after shots from suspended Moderna vaccines – Japan govt By Reuters

TOKYO (Reuters) -Two people died after receiving Moderna (NASDAQ:MRNA) Inc COVID-19 vaccine shots that were among lots later suspended following the discovery of contaminants, Japan's health ministry said on Saturday. The men in their 30s died this month within days of receiving their second Moderna doses, the ministry said in a release. Each had a shot from one of three manufacturing lots suspended on Thursday. The causes of death are being investigated. Japan halted the use of 1.63 million Moderna doses https://www.reuters.com/world/asia-pacific/japan-withdraws-16-mln-moderna-covid-19-vaccine-doses-over-contamination-nikkei-2021-08-25 shipped to 863 vaccination centres nationwide, more than a week after the...

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Chinese social media platforms to “rectify” financial self-media accounts By Reuters

SHANGHAI (Reuters) - China's top social media platforms, Wechat, Douyin, Sina Weibo and Kuaishou, said on Saturday they would begin to rectify irregular practices of "self-media" accounts that publish financial information, reported state media Global Times. This follows an announcement by China's cyberspace regulator, the Cyberspace Administration of China (CAC), that it would look into accounts that have repeatedly released financial news illegally, distorted economic policy interpretation, badmouthed financial markets, spread rumours and disrupted network communications. The term "self-media" is mostly used on Chinese social media to describe independently operated accounts that produce original content...

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