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Exclusive-FDA staff struggle to meet product review deadlines after DOGE layoffs

Exclusive-FDA staff struggle to meet product review deadlines after DOGE layoffs

(Reuters) - Some U.S. health regulators who review medical devices and tobacco products for safety and efficacy are struggling to meet deadlines mandated by Congress due to Trump administration layoffs, three scientists working on the projects told Reuters.Two of the scientists who work at the U.S. Food and Drug Administration said they had been assigned around double the number of new product app ...

2025-03-27 19:30:39
Barclays downgrades BMW on profitability and market pressures

Barclays downgrades BMW on profitability and market pressures

Investing.com -- BMW (ETR:BMWG) AG has been downgraded by Barclays, in a note dated Thursday, signaling growing concerns over the company’s near-term prospects. The downgrade reflects mounting pressures on the German automaker, particularly in an increasingly competitive and challenging market environment.Barclays analysts have revised their rating on BMW AG to "under weight" from "equal we ...

2025-03-27 19:29:20
FDA struggles to meet deadlines after personnel layoffs - Reuters

FDA struggles to meet deadlines after personnel layoffs - Reuters

Investing.com -- U.S. health regulators who oversee the safety and efficacy of medical devices and tobacco products are grappling with Congress-mandated deadlines due to recent layoffs by the Trump administration, according to Reuters, citing three scientists involved in the projects. The scientists, who asked to remain anonymous, work at the U.S. Food and Drug Administration (FDA) and have seen t ...

2025-03-27 19:28:08
Brazil central bank lowers 2025 growth forecast, inflation to stay high

Brazil central bank lowers 2025 growth forecast, inflation to stay high

Investing.com -- Brazil’s central bank has lowered its economic growth forecast for this year to 1.9%, down from the 2.1% it predicted in December. The announcement came on Thursday, as part of the bank’s quarterly monetary policy report.The report also highlighted that consumer prices are expected to stay above the bank’s maximum tolerance limit of 4.5% for the entirety of 2025. A decline i ...

2025-03-27 19:26:21