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IDP rejects Blackstone's improved takeover offer

IDP rejects Blackstone's improved takeover offer

Sept 22 (Reuters) - IDP Education has rejected a roughly A$694.7 million ($493.8 million) takeover proposal from Blackstone, arguing the sweetened bid was "highly opportunistic" and substantially undervalued the business.
TheStreetTheStreet
Retailer that closed all its stores is making a major comeback

Retailer that closed all its stores is making a major comeback

A once-beloved retailer is returning to communities across the U.S., giving shoppers another chance to experience the brand they grew up with.
ReutersReuters
Morning Bid: A$ gets a bit part as AI steals the show

Morning Bid: A$ gets a bit part as AI steals the show

Sept 23 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. So far, it's been the kind of day where the Australian dollar reaching parity on its Canadian cousin for the first time in more than eight years is the most eye catching event in markets.
Rapid ReadRapid Read
GLP-1 Drugs Prescribed Off-Label to Children as Young as 8 for Obesity Treatment in U.S.

GLP-1 Drugs Prescribed Off-Label to Children as Young as 8 for Obesity Treatment in U.S.

A growing number of children in the U.S., some as young as 8, are being prescribed GLP-1 weight-loss drugs off-label to treat obesity. A study led by Babak Orandi at New York University found that 9.3% of children aged 8 to 11 with obesity but without diabetes are receiving these medications, a significant increase from 0.03% in 2019. While GLP-1 drugs like semaglutide (Wegovy) and tirzepatide (Zepbound) are only approved for individuals aged 12 and older in the U.S., UK, and Australia, off-label prescriptions for younger children are occurring in line with guidance from the American Academy of Pediatrics. These prescriptions are more common in children with severe obesity or related complications such as pre-diabetes, sleep apnea, high blood pressure, or high cholesterol, and tend to be among wealthier families due to the high cost of the medication.
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Impossible Foods Launches Heme-Free Plant-Based Products in UK Retail, Awaiting EU Regulatory Approval

Impossible Foods Launches Heme-Free Plant-Based Products in UK Retail, Awaiting EU Regulatory Approval

Impossible Foods Launches Heme-Free Plant-Based Products in UK Retail, Awaiting EU Regulatory Approval
AP NewsAP News
The EU moves closer to free trade deal with Philippines amid global tensions

The EU moves closer to free trade deal with Philippines amid global tensions

The European Union and the Philippines have reached substantial agreement on a new free trade deal
TheStreetTheStreet
Global candy maker Ferrero relaunches beloved brand

Global candy maker Ferrero relaunches beloved brand

The candy brand was shelved by former owner Nestle in 2014.
ReutersReuters
Tech leads shares higher in Asia as oil slips

Tech leads shares higher in Asia as oil slips

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets edged higher in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased on reports more oil was finding its way out of the Middle East than previously thought despite the ongoing conflict in the Gulf.
ReutersReuters
Tech leads shares higher in Asia, oil eases

Tech leads shares higher in Asia, oil eases

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets edged higher in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased as hopes Saudi Arabia could boost supplies offset news of a Houthi attack on Riyadh.
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Amber Electric Secures €49 Million in Series E Funding to Expand Energy Automation in Europe

Amber Electric Secures €49 Million in Series E Funding to Expand Energy Automation in Europe

Amber Electric Secures €49 Million in Series E Funding to Expand Energy Automation in Europe
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Social Media Marketing Evolves into Critical Business Function, U.S. Awards Program Launched

Social Media Marketing Evolves into Critical Business Function, U.S. Awards Program Launched

Social Media Marketing Evolves into Critical Business Function, U.S. Awards Program Launched
ReutersReuters
Tech lifts share markets in Asia as oil slips

Tech lifts share markets in Asia as oil slips

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets rose in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased on reports more supply was finding its way out of the Gulf than previously thought despite the ongoing conflict.