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New drug approvals fall to six-year low in 2016

Last year turned out to be a disappointing one for new drug approvals with the U.S. Food and Drug Administration clearing just 22 new medicines for sale, the lowest number since 2010 and sharply down on 2015's tally of 45. Across the

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New drug approvals fall to six-year low in 2016

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Bitcoin jumps above $1,000 for first time in three years

By Jemima Kelly LONDON (Reuters) – Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016. Bitcoin – a web-based “cryptocurrency” that has no central authority, relying instead on thousands of computers across the world that validate transactions and add new bitcoins to the system – jumped 2.5 percent to $1,022 on the…

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Bitcoin jumps above $1,000 for first time in three years

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Hyundai, Kia target sales rebound after first fall in 18 years

Hyundai Motor and affiliate Kia Motors on Monday forecast global sales to rebound in 2017 by a stronger-than-expected 5 percent, after posting their first annual sales fall in nearly two decades last year. Sales could get a lift this year with emerging markets such as Russia stabilizing, and with Hyundai and Kia Motors gearing up to boost supply to the United States and China, analysts said. “With the global economy continuing its low growth, trade protectionism spreading and competition intensifying in…

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Hyundai, Kia target sales rebound after first fall in 18 years