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      Dow Jones passes 40,000 points for first time amid strong quarterly results

      news.movim.eu / TheGuardian · 3 days ago - 15:55

    Index has more than doubled since spring 2020 as investors hope for interest rate cuts following Federal Reserve inflation figures

    The Dow Jones Industrial Average passed 40,000 points for the first time on Thursday, powered by strong quarterly results from corporate America and rising bets of interest-rate cuts by the Federal Reserve.

    The index has more than doubled since the spring of 2020 when the World Health Organization declared Covid-19 to be a global pandemic. The outbreak shuttered businesses worldwide as the death toll mounted. In its wake came supply chain issues that led to soaring inflation.

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      Royal Mail reform will not take place before general election, says Ofcom

      news.movim.eu / TheGuardian · 3 days ago - 14:29

    Postal service shake-up takes on extra weight as Royal Mail bosses meet ministers to discuss Czech tycoon’s £3.5bn takeover offer

    A shake-up of the postal service that could hand the owner of Royal Mail a £300m boost will not take place before the general election, it has emerged, as the company’s bosses meet ministers to discuss its proposed £3.5bn takeover by a Czech billionaire .

    The industry regulator, Ofcom, has been studying options to reform the universal service obligation (USO), which gives Royal Mail the remit to deliver nationwide, six days a week.

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      United Utilities raises investor payouts a day after Windermere sewage discharge revealed

      news.movim.eu / TheGuardian · 3 days ago - 14:23

    Near-10% dividend increase follows allegation that water company failed to prevent illegal pollution for 10 hours in February

    Business live – latest updates

    One of Britain’s most polluting water companies has increased its payouts to shareholders by nearly 10% in the same week that it emerged it had pumped raw sewage into Windermere in the Lake District for 10 hours.

    United Utilities will pay its investors – which include some of the world’s biggest asset managers – £339m in dividends for this year, up from £310m for 2023, after it reported higher operating profits thanks to a rise in customer bills.

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      N’en déplaise aux abonnés, Netflix a trouvé la recette du succès

      news.movim.eu / JournalDuGeek · 3 days ago - 13:33

    Netflix Recette Succès

    Si les choix de l'entreprise suscitent la colère, force est d'admettre que sa stratégie fonctionne plutôt bien.
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      Prayers and soap production: French nuns sell cleaning products to pay abbey bills

      news.movim.eu / TheGuardian · 3 days ago - 13:19

    Sisters of Notre-Dame-des-Neiges started enterprise to cover soaring electricity costs

    The sisters of Notre-Dame-des-Neiges in south-east France are prepared to move more than heaven and earth to save their mountain abbey and pay soaring electricity bills.

    A dozen Cistercian order nuns are making ends meet by selling cleaning products made from their own spring water and essential oils on the internet and in local shops.

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      Imagine getting life-saving drugs to sick people without relying on big pharma? We may have found a way | Dr Catriona Crombie

      news.movim.eu / TheGuardian · 3 days ago - 11:30 · 1 minute

    An NHS trust’s attempts to bring a crucial drug to market itself is hopeful news for patients

    • Dr Catriona Crombie is the head of rare disease at medical charity LifeArc

    Healthcare should make people’s lives better. That fact can hardly be contested. Yet for some patients with rare diseases, commercial interests are dictating who gets to access life-saving treatment and who doesn’t. Pharmaceutical companies have long been driven by global demand and the potential for the highest profits. In the past two decades, the market has exploded: pharma revenues worldwide have exceeded $1tn . For patients with common conditions, this investment in healthcare can only be good news. But the narrow focus of this strategy means that, in the UK, the one in 17 of us who will at some point be affected by a rare condition risk being forgotten.

    That is until now. Healthcare providers, driven by a desire to make life-saving treatments more widely available, are increasingly finding new ways of getting them to patients for whom they would have previously been out of reach. Great Ormond Street hospital (Gosh) recently announced that it was taking the unprecedented step of attempting to obtain the licence itself for a rare gene therapy on a non-profit basis, after the pharmaceutical company that planned to bring it to market dropped out. If successful, it will be the first time that an NHS trust has the authorisation to market a drug for this kind of treatment. The move could act as a proof of concept for bringing drugs to UK patients that pharmaceutical companies aren’t willing to risk their profits on.

    Dr Catriona Crombie is the head of rare disease at medical charity LifeArc

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      EU investigates Facebook owner Meta over child safety and mental health concerns

      news.movim.eu / TheGuardian · 3 days ago - 10:00

    Platforms including Instagram and WhatsApp may have addictive effects, says European Commission

    The European Commission has begun an investigation into the owner of Facebook and Instagram over concerns that the platforms are creating addictive behaviour among children and damaging mental health.

    The EU executive said Meta may have breached the Digital Services Act (DSA), a landmark law passed by the bloc last summer that makes digital companies large and small liable for disinformation, shopping scams and child abuse.

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      Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds

      news.movim.eu / TheGuardian · 3 days ago - 10:00

    Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental

    A “deal” allegedly offered by Donald Trump to big-oil executives as he sought $1bn in campaign donations could save the industry $110bn in tax breaks if he returns to the White House, an analysis suggests.

    The fundraising dinner held last month at Mar-a-Lago with more than 20 executives, including from Chevron, Exxon and Occidental Petroleum, reportedly involved Trump asking for large campaign contributions and promising, if elected, to remove barriers to drilling, scrap a pause on gas exports, and reverse new rules aimed at cutting car pollution.

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      BT reveals £3bn cuts as it passes peak full-fibre broadband spend

      news.movim.eu / TheGuardian · 3 days ago - 09:19

    Jobs reduction target unchanged but full-year divided raised on drop in pre-tax earnings to £1.1bn

    BT has disclosed a further £3bn cost-cutting drive as the telecoms group signalled it had now passed peak investment in the rollout of its UK full-fibre broadband network and raised its dividend.

    Allison Kirkby, who took over as chief executive this year, said the company had reached an “inflection point” in its strategy, as she faces pressure to revive the flagging group.

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