Paul A. Volcker, a hard-headed economic statesman who as chairman of the Federal Reserve from 1979 to 1987 shocked the U.S. economy out of a cycle of inflation and malaise and so set the stage for a generation of prosperity, died Dec. 8 at his home in …
See Original Article

Scientists at Harvard’s Wyss Institute for Biologically Inspired Engineering say they have developed a living material approach that uses a strain of genetically engineered E. coli Nissle gut bacteria as a locally acting probiotic. The engineered bacteria produce …
See Original Article

(Recasts, adds context). By Pamela Barbaglia. LONDON, Dec 9 (Reuters) – Amigo’s chief executive and chairman abruptly announced plans to step down on Monday, just as the British subprime lender’s founder said he was returning to its board.
See Original Article

The economic slowdown which India is facing at present is only cyclical in nature, and the country has not lost its growth potential, which signifies that the economy will bounce back, Chief Economic Advisor K Subramanian said. Subramanian said that there …
See Original Article

AMSTERDAM (Reuters) – Prosus (PRX.AS) raised its unsolicited cash offer for British food delivery service Just Eat (JE.L) to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway (TKWY.AS) in their bitter takeover battle. FILE PHOTO: …
See Original Article