Putin clears out deputy defence ministers, appoints his relative

MOSCOW (Reuters) – Russian President Vladimir Putin on Monday sacked four deputy defence ministers and appointed a relative, Anna Tsivileva, to fill one of the vacancies. Putin sacked deputy defence ministers Nikolai Pankov, Ruslan Tsalikov, Tatiana Shevtsova and Pavel Popov, according to Kremlin decrees. He appointed Tsivileva, who Russian media said is the daughter of…

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New York recovers $50 million for defrauded Gemini Earn crypto investors

By Jonathan Stempel NEW YORK (Reuters) – New York Attorney General Letitia James said on Friday her office has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini Earn program. James said Gemini, run by billionaire twin brothers Cameron and Tyler Winklevoss, will provide full recoveries to more…

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US mulls new actions against China firms supplying Russia defense sector

WASHINGTON (Reuters) -The United States is considering taking additional steps against Chinese companies that have been supplying Russia’s defense industrial sector, the State Department said on Thursday. “We are considering further actions,” State Department spokesperson Matthew Miller said in a briefing to reporters a day after Washington targeted China-based firms that have been selling semi-conductors…

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AbbVie’s tight grip on Humira market raises concerns about biosimilars

By Patrick Wingrove (Reuters) – AbbVie’s top-selling arthritis drug Humira has held onto more than 80% of patients after facing nine lower-priced rivals in the U.S. in the last year, raising questions about whether the market for prescription biosimilars can survive in its current form, drug pricing experts and analysts say. Humira, which lists for…

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