LONDON (Reuters) - The World Bank and other top development banks got a double boost on Tuesday as Fitch said debt payment freezes for climate-disaster hit countries would not hit the banks' credit rating and it would no longer cap ratings on new 'hybrid' bonds. The World Bank and some other lenders started inserting Climate Resilient Debt Clauses (CRDC) last...

(Reuters) -The U.S. Food and Drug Administration on Tuesday approved Eli Lilly's treatment for early Alzheimer's, making it the second therapy for slowing progression of the brain-wasting disease that will be available to U.S. patients. The approval for donanemab, to be sold under the brand name Kisunla, followed the recommendations of the agency's outside experts, who unanimously backed its use...

04:44 AM EDT, 07/03/2024 (MT Newswires) -- Braemar Hotels & Resorts ( BHR ) said late Tuesday it has entered into a cooperation agreement with Blackwells Capital. Under the agreement, Blackwells will withdraw its director nomination notice and vote in favor of all Braemar directors and proposals at the company's 2024 annual meeting of stockholders. The companies have also agreed...

04:35 AM EDT, 07/03/2024 (MT Newswires) -- Magnite ( MGNI ) said Wednesday it has been selected by Italian advertising agency CairoRCS Media to provide its wrapper optimization platform. Under the deal, CairoRCS will implement Magnite's ( MGNI ) Demand Manager product to more effectively monetize its display and video inventory. Financial terms weren't disclosed. Price: 12.88, Change: -0.61, Percent...