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US Announces Zero Tariff Pharmaceutical Deal With Britain

WASHINGTON/LONDON, Dec 1 — The United States and Britain announced a deal on Monday to secure zero tariffs on British pharmaceutical products and medical technology in return for Britain spending more on medicines and overhauling how it values drugs. Under the agreement, Britain will raise the net price it pays...

Pope Pushes Peace Message on Second Day in Crisis-Hit Lebanon

Pope Leo will meet leaders from Lebanon's diverse religious sects on Monday and is expected to urge Lebanese not to abandon their country despite years of conflict, political paralysis and economic crisis that have prompted waves of migration. Leo, the first U.S. pope, visited Lebanon's Catholic community before hosting a...

Oil Climbs Over $1 a Barrel on OPEC Action, Ukraine Attack

Oil prices rose $1 a barrel on Monday following drone attacks by Ukraine, the closure of Venezuelan airspace by the United States, and OPEC's decision to leave output levels unchanged in the first quarter of 2026. Brent crude futures advanced $1, or 1.6%, to $63.38 a barrel by 9:14 a.m....

Wall Street Edges Lower as Traders Await Fed Chair Speech

Wall Street's main indexes traded lower on Monday as investors stood on the sidelines, sifting through fresh economic data and bracing for a closely watched speech from Federal Reserve Chair Jerome Powell that could hint at this month's policy decision. U.S. manufacturing activity shrank for the ninth straight month in...

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