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Fed set to cut longer-run interest rate forecast
NEW YORK: US Federal Reserve policymakers are set this week to again cut their forecasts for how high interest rates will need to go in an economy where output, productivity and inflation are growing at a slower pace than in past decades.
GlaxoSmithKline names Emma Walmsley as new CEO
LONDON: GlaxoSmithKline said it had chosen its head of consumer healthcare, Emma Walmsley, as its new chief executive, after considering internal and external candidates.
Bayer raises peak sales forecast for new drugs
BERLIN: Bayer AG raised its peak sales forecast for its biggest new drugs, signaling optimism for its pharmaceutical unit even as the German conglomerate spends US$66bil to buy US seeds giant Monsanto Co.
Brazil's Temer tells U.N. Rousseff impeachment fully legal
UNITED NATIONS (Reuters) - Brazil's new president Michel Temer told the United Nations General Assembly on Tuesday that the impeachment of his predecessor Dilma Rousseff was conducted with "absolute respect" for the rule of law and that confidence was returning to the country's battered economy.
Lebanese man sentenced to 10 years imprisonment in Iran - lawyer
WASHINGTON/DUBAI (Reuters) - Iran sentenced Nizar Zakka, a Lebanese citizen with permanent U.S. residency, to 10 years in prison and a $4.2 million (£3.2 million) fine after he was found guilty of collaborating against the state, his U.S.-based lawyer announced on Tuesday.
Protesters march in Brussels against transatlantic free trade deals
BRUSSELS (Reuters) - Thousands of protesters marched through Brussels on Tuesday to demand the European Union abandon planned transatlantic free trade deals they say will worsen labour conditions and allow big business to challenge governments.
Recovered Zika-infected couple discharged from Johor hospital
JOHOR BARU: The husband-and-wife couple who tested positive for Zika disease has been discharged from the hospital.
Egyptian court hands nine policemen jail terms for assaulting doctors
CAIRO (Reuters) - An Egyptian court sentenced nine policemen to three months in prison on Tuesday for physically and verbally assaulting two doctors at a Cairo hospital in January, an incident that prompted strikes and a protest demanding justice.
World leaders must show us the money to hit goals on poverty, inequality - UN adviser
LONDON (Thomson Reuters Foundation) - World leaders need to ramp up investment to achieve a set of global goals agreed a year ago to combat poverty, inequality, and make the world a safer place by 2030, according to a key adviser on the United Nation's blueprint for the future.
Don: Sabah people may have inborn Zika virus antibodies
KOTA KINABALU: People in Sabah may not need to be too worried about the Zika virus because they could have inborn antibodies since it is said to be endemic here.
