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  • HEALTH AND HUMAN SERVICES SECRETARY AZAR SAYS IT IS WITHIN AGENCYS AUTHORITY TO ELIMINATE PRESCRIPTION DRUG REBATES.

  • WASHINGTON, Aug 20- U.S. Health and Human Services Secretary Alex Azar said it was within his agency's power to eliminate rebates on prescription drug purchases, a key element of the Trump administration's plan to lower prescription medicine costs. The Department of Health and Human Services last month proposed regulations that would scale back protections...

  • TEHRAN, Iran— Iranian oil minister says France's oil giant Total SA has pulled out of Iran after cancelling gas project.

  • MUMBAI, Aug 20- India is likely to export 7 million bales of cotton in 2018/ 19, down 30 percent from an earlier estimate, as scanty rainfall and an attack of pink bollworms are likely to squeeze crop yields, the head of a leading trade body told Reuters. Lower shipments from the world's biggest producer of the fibre amid rising demand from top consumer China could...

  • INDIA 2018/ 19 COTTON EXPORT ESTIMATE AT 7 MLN BALES VS 10 MLN BALES EARLIER- TRADE BODY HEAD.

  • BERLIN, Aug 20- Germany's current account surplus is set to remain the world's largest this year despite increased trade tensions, the Ifo institute said on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel's fiscal policies. The International Monetary Fund and the European Commission have for years urged Germany to do more to lift...

  • They said there was a risk of "extreme extremes" in North America, Europe and parts of Asia because manmade greenhouse gas emissions seemed to be disrupting high-altitude winds that blow eastwards in vast, looping "planetary waves." Many parts of the northern hemisphere have experienced baking heat this summer, with wildfires from California to Greece.

  • They said there was a risk of "extreme extremes" in North America, Europe and parts of Asia because manmade greenhouse gas emissions seemed to be disrupting high-altitude winds that blow eastwards in vast, looping "planetary waves". Many parts of the northern hemisphere have experienced baking heat this summer, with wildfires from California to Greece.

  • They said there was a risk of "extreme extremes" in North America, Europe and parts of Asia because manmade greenhouse gas emissions seemed to be disrupting high-altitude winds that blow eastwards in vast, looping "planetary waves". Many parts of the northern hemisphere have experienced baking heat this summer, with wildfires from California to Greece.

  • They said there was a risk of "extreme extremes" in North America, Europe and parts of Asia because manmade greenhouse gas emissions seemed to be disrupting high-altitude winds that blow eastwards in vast, looping "planetary waves." Many parts of the northern hemisphere have experienced baking heat this summer, with wildfires from California to Greece.

  • LONDON, Aug 20- Copper edged higher on Monday bouncing back from its third straight week of losses in a sign that markets are optimistic over planned trade talks between China and the United States and as the recent decline in metals was seen as overdone. China and the United States will hold lower-level trade talks this month, the two governments said on Thursday,...

  • BERLIN— One of Switzerland's most picturesque restaurants will soon be looking for a new operator. The Gasthaus Aescher, built into a cliff above a valley in northeastern Switzerland, has been run by the same family since 1987. It gained recognition outside the Alpine nation when it was featured on the cover of a National Geographic book of "destinations of a...

  • LONDON, Aug 20- The British government has taken over the running of a major prison from contractor G4S after an inspection found that staff locked themselves in offices to avoid prisoners who were using drugs and violence with near impunity. The Ministry of Justice said on Monday it had taken back control of the Victorian-era HMP Birmingham to counter "squalid"...

  • JERUSALEM— Beverage giant PepsiCo has bought Israel's fizzy drink maker SodaStream for $3.2 billion. Earlier this month, SodaStream reported its strongest results in company history, a 31 percent year-over-year jump in revenues to $172 million, an 89 percent leap in operating profit to $32 million and an 82 percent climb by net profit to $26 million.

  • NEW YORK— The bull market in stocks is poised this week to break the record as the longest in the history of U.S. trading. If the market doesn't drop significantly in the three days through Wednesday, the bull market that began in March 2009 will have lasted nine years, five months and 13 days. Since the rally officially began on March 9, 2009, the S&P 500 index has risen...

  • *Orders from U.S. +8.4 y/y; China +12.5 pct. TAIPEI, Aug 20- Taiwan's export orders grew faster than expected in July, thanks to still-solid demand for electronic gadgets despite worries about global growth because of the trade disputes between the United States and China. Orders for trade-dependent Taiwan, which declined in June, rose 8 percent in July from a year...

  • ATHENS, Greece— The Latest on Greece's exit from its bailout program:. The European Union is welcoming Monday's end to Greece's bailout program and says it hopes it is the beginning of a new era for the debt-laden eurozone member state. Overall, Greece has gotten some 290 billion euros in loans over the past years, including 256 billion euros from its European...

  • ATHENS, Aug 20- European institutions hailed Greece's exit from its final bailout on Monday, expecting the debt-burdened euro zone member to stand on its own feet after nine years of financial nursing but the mood in Athens was subdued as many problems remain. Since early 2010, Greece has relied on the biggest bailout in economic history, more than 260 billion...

  • ATHENS, Greece— There'll be no dizzy dancing in the moonlit streets of Athens. For all the official pronouncements that Greece's eight-year crisis will be over as its third and last bailout program ends Monday, few Greeks see cause for celebration. After the end of the bailout Monday, Greece will get no new loans and will not be asked for new reforms.

  • JERUSALEM, Aug 20- PepsiCo will buy household drink-machine maker SodaStream for $3.2 billion as it battles chief rival Coca-Cola for an edge in the health-conscious beverage market. Founded in the UK in 1903, SodaStream was a coveted device in British kitchens in the 1970 s and 80 s, allowing customers to create fizzy drinks by adding flavoured syrups to...