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Mastercard poised to buy crypto firm Zerohash for nearly $2 billion, Fortune reports

In Today’s News

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Analysis-Novo Nordisk changes tack with bold raid on Pfizer obesity deal

LONDON (Reuters) -Novo Nordisk’s late bid to hijack Pfizer’s takeover of U.S. obesity biotech Metsera marks an aggressive shift from the Danish drugmaker as it seeks to regain ground in the weight-loss drug market under a new CEO and board.Novo, the drugmaker behind blockbuster weight-loss drug Wegovy and dia …

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Kraft Heinz trims annual sales, profit forecasts as demand remains stressed

(Reuters) -Kraft Heinz lowered its annual sales and profit forecasts on Wednesday, signaling that budget-conscious consumers continue to push back against pricier snacks and pantry condiments.The results, which sent shares down about 3%, come as the packaged goods maker presses ahead with plans to separate in …

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Featured Article

Mastercard poised to buy crypto firm Zerohash for nearly $2 billion, Fortune reports

If the deal goes through, it would be Mastercard’s one of the biggest bets yet on stablecoins, the report said, adding that the talks might still fall through.Mastercard and Zerohash declined to comment on Reuters’ request.Card firms are increasingly integrating stablecoins, cryptocurrencies pegged to assets …

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Other Headlines

Analysis-US government shutdown may prompt first-ever workaround for inflation-protected bonds

NEW YORK (Reuters) -With the U.S. government shutdown threatening to freeze October’s inflation report, the Treasury is expected to deploy a workaround to compute the index underpinning the $2.1 trillion market for inflation-protected bonds for the first time since their 1997 launch, a move that may caus …

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