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Funding for research vital to tackle superbugs

  On Saturday, donors to the Global Fund pledged nearly $13billion to eradicate the three deadly maladies — AIDS, tuberculosis and malaria — by 2030. The money is expected to help save 8 million lives. The Global Fund demonstrates that collective effort and global commitment can do wonders. Since 2002, the Fund has spent $30 billion to fight the three ...

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Saudi stocks follow emerging markets to send Gulf index lower

  Bloomberg Saudi Arabian stocks declined the most in the Gulf as the kingdom’s equities traded for the first time in a week, tracking a selloff across developing nations as investors weigh the chances of a U.S. interest rate increase this year. The Tadawul All Share Index dropped 1.9 percent on Sunday as it reopened after a week-long religious holiday. ...

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Goldman says investors forget many stocks love higher rates

  Bloomberg Amid all the hemorrhaging in dividend stocks whacked by higher bond rates, Goldman Sachs Group Inc. says investors are missing a chance in another group that usually benefits. They’re referring to the companies poised to gain the most from a rate hike, a group dominated by financial firms such as Bank of America Corp. and Bank of New ...

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