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(MENAFN - AFP) Overweight and obesity is now causing nearly half a million new cancer cases in adults every year, roughly 3.6 percent of the world's total, a study said Wednesday.

A quarter of these cases are "realistically avoidable," said the authors of the work published in The Lancet Oncology.

Led by scientists at the International Agency for Research on Cancer ...

 
(MENAFN - AFP) The United States on Tuesday announced sweeping new rules forcing chain restaurants and pizza parlors to publish calorie counts on menus in an attempt to combat the nation's obesity epidemic.

The Food and Drug Administration (FDA) said chain restaurants and vending machines with 20 or more locations would be required to provide customers with full nutritional ...

 
(MENAFN - AFP) The European Central Bank is under fire in Germany because of its policy of negative interest rates, which is prompting some banks to charge customers for holding money in their bank accounts.

In Germany, where saving is considered a virtue, the announcement by one of the country's biggest lenders, Commerzbank, that it will start charging clients with high ...

 
(MENAFN - AFP) Samsung Group announced Wednesday the sale of stakes in four petrochemical and defence affiliates for $1.7 billion as the South Korean giant steps up restructuring efforts ahead of a generational ownership succession.

The sale to the Hanwha conglomerate, which has major petrochemical holdings, is expected to be finalised in the first half of next year, Samsung ...

 
(MENAFN - AFP) European Commission chief Jean-Claude Juncker was set to unveil an eagerly awaited 300-billion-euro investment plan in European Parliament on Wednesday, intended to boost the continent's flatlining economy.

The plan is the cornerstone of Juncker's five-year agenda to jumpstart the EU's moribund economy, which has failed to grow since the financial crisis and ...

 
(MENAFN - AFP) Asian markets were mostly higher Wednesday following better-than-expected US economic growth data and news that Germany had narrowly averted recession.

The dollar struggled to resume its uptrend against the yen, with analysts forecasting the pairing were close to finding their plateau.

Tokyo fell 0.27 percent owing to the stronger yen, but Hong Kong added ...

 
(MENAFN - AFP) Russian oil giant Rosneft has trimmed its oil output amid a continued slide in crude prices, as an under-pressure OPEC mulls taking similar action.

Rosneft said Tuesday it had cut its daily output by 25,000 barrels because of "market conditions". The token reduction represented less than one percent of the behemoth's total and did nothing to boost energy prices ...

 
(MENAFN - AFP) The judge deciding whether the US government illegally seized insurance giant AIG amid the 2008 financial crisis will not rule for several months, according to a document filed Tuesday.

Testimony in the $40 billion lawsuit brought by Hank Greenberg, the former chairman of American International Group, concluded Monday.

Closing arguments are expected be ...

 
(MENAFN - AFP) Tesco shareholders are to sue the British supermarket giant for compensation after the revelation of profit overstatements sent its stock tumbling, a London law firm said on Tuesday.

Litigation firm Stewarts Law said directors and senior management "knew or were reckless" about the overstatement of profits.

Tesco revealed in October that it had overstated ...

 
(MENAFN - AFP) Sony Pictures' computer network has reportedly come under cyberattack, with hackers threatening to release key information from the Japanese group's entertainment division.

Sony did not respond to a request for comment on Tuesday. But the news site The Next Web reported that all Sony employees at the Los Angeles unit were ordered home and to stay off the company ...

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