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Bloomberg

UK's Burnham Vows Decentralized Power in Bid to Boost Economy

Andy Burnham, who is likely to be the UK's next prime minister following Keir Starmer's decision to resign, outlines plans to decentralize power in a bid to boost the economy and raise living standards. "I am going to give Britain the circuit breaker it needs by building a more collaborative politics," Burnham says during a speech in Manchester.

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Grafa

Larimar Therapeutics submits first BLA module for nomlabofusp in Friedreich’s ataxia

Larimar Therapeutics (NASDAQ:LRMR) announced the submission of the first module of a rolling Biologics License Application to the U.S. Food and Drug Administration seeking accelerated approval of nomlabofusp for the treatment of Friedreich’s ataxia.

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Bloomberg

Hormuz Traffic Declines as Ship Attacks Spark New Concerns

Commercial traffic through the Strait of Hormuz this weekend persisted at a reduced level as a handful of vessels made open transits. Traffic was still higher than for most of the US-Iran war, but attacks on two ships raised fresh concerns about the ability and willingness of shipowners to traverse the waterway. Alaric Nightingale reports on Bloomberg Television.

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