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(MENAFN - AFP) Up to 30,000 people would have required Ebola drugs in the west African outbreak by now, according to a scientific attempt to quantify demand for a treatment and vaccine, published Wednesday.

No approved drugs exist though several are under development and the World Health Organisation last week gave the green light for experimental medicines to be used to ...

 
(MENAFN - AFP) An experimental drug treatment can help monkeys survive an otherwise deadly infection with a tropical virus called Marburg, which is similar to Ebola, researchers said Wednesday.

The findings in the journal Science Translational Medicine show the potential for a similar drug treatment against Ebola, the deadly hemorrhagic virus that is sweeping across West ...

 
(MENAFN - AFP) One of two hedge funds that sued Argentina over defaulted bonds branded the country's leaders "outlaws" Wednesday after Buenos Aires moved to shift its bond payment method.

"Argentina's leaders have literally chosen to be outlaws. They have chronically flouted US court orders, lied to our courts, and proclaimed utter disdain for our courts," Aurelius Capital ...

 
(MENAFN - AFP) Target Wednesday reported a big earnings drop and lowered its forecast as the slumping chain again felt the weight of poor sales in Canada, a huge customer data breach and heavy discounting.

Target, which has 1,795 stores in the US and 130 in Canada, notched second-quarter earnings of $234 million, down nearly 62 percent from the year-ago period. Revenues rose ...

 
(MENAFN - AFP) Federal Reserve policymakers showed increasing divisions in their last meeting over how much the US jobs market has improved, a key factor in deciding how soon they should tighten policy.

While the participants of the July 29–30 Federal Open Market Committee remained nearly unanimous in their support for the existing Fed policy course, the minutes of the ...

 
(MENAFN - AFP) Uber teamed up with dining and travel smartphone applications Wednesday as the controversial Internet-age car-hailing service moved to park itself at the heart of mobile lifestyles.

The San Francisco-based startup let about a dozen businesses such as Starbucks, Hyatt Hotels, United Airlines, TripAdvisor and restaurant reservation service OpenTable make it simple ...

 
(MENAFN - AFP) Global oil prices rebounded Wednesday from multi-month lows after a surprisingly big drop in US oil inventories.

US benchmark West Texas Intermediate for September delivery jumped $1.59 to $96.07 a barrel on the New York Mercantile Exchange, recovering from a seven-month low hit Tuesday.

European benchmark Brent oil for October delivery gained 72 cents ...

 
(MENAFN - AFP) Hewlett-Packard on Wednesday reported that its quarterly revenue was nudged up by improved computer sales, but its profit dropped as the veteran technology firm tried to renew its momentum.

HP said that profit in the recently ended quarter was $985 million compared to $1.39 billion in the same period a year earlier. Meanwhile, revenue rose about one percent ...

 
(MENAFN - AFP) Bank of America is expected to pay $17 billion to settle charges it misled investors on mortgage-linked securities in a deal that could come this week, US media reported Wednesday.

The agreement, the largest US settlement with a single company, could come as soon as Thursday, reported the Wall Street Journal, citing an unnamed source.

The agreement is ...

 
(MENAFN - AFP) US antitrust officials have fined Warren Buffett's Berkshire Hathaway $896,000 for failing to notify regulators ahead of a large securities acquisition in December 2013.

Berkshire agreed to pay the civil penalty to resolve the case over the December 2013 purchase, the Justice Department said Wednesday. The settlement must be approved by a US court.

"We ...

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