News That Matters

Tag: MEDST

NewAge, seller of health and wellness products, files for bankruptcy in Delaware
Health

NewAge, seller of health and wellness products, files for bankruptcy in Delaware

Register now for FREE unlimited access to Reuters.comRegisterAug 30 (Reuters) - NewAge Inc (NBEV.O), a direct-to-consumer seller of health and wellness products, filed for bankruptcy on Tuesday and said it plans to sell itself, after disclosing material weaknesses in its financial reporting.The Midvale, Utah-based company and three affiliates sought Chapter 11 protection from creditors with the U.S. bankruptcy court in Delaware.Tuesday's filing came three weeks after the company received a default notice on a loan agreement.Register now for FREE unlimited access to Reuters.comRegisterNewAge said it had $310.9 million of assets and $149.4 million of debts as of the end of 2021.In a regulatory filing, NewAge said it received a $28 million bid from an entity known as DIP Financing LLC to b...
‘It felt like my insides were crying’: China COVID curbs hit youth mental health
Health

‘It felt like my insides were crying’: China COVID curbs hit youth mental health

HONG KONG, Aug 30 Reuters) - Zhang Meng had a breakdown last December. The 20-year-old found herself sobbing on the stairs of her dorm, driven to despair by repeated COVID lockdowns of her university campus in Beijing.The lockdowns had meant she was mostly confined to her room and unable to meet up with friends. There were also strict curbs on when she could visit the canteen or take a shower. Describing herself as someone who craves in-person social interaction, Zhang said the restrictions had "removed the safety net that was holding me up and I felt like my whole being was falling down".That month, she was diagnosed with major depression and anxiety.Register now for FREE unlimited access to Reuters.comRegisterYao, also 20 and who asked that his first name not be used, had his first br...
Ukraine war, energy crisis send German business sentiment to lowest level since June 2020
Business

Ukraine war, energy crisis send German business sentiment to lowest level since June 2020

The skyline with its financial district is photographed as the spread of the coronavirus disease (COVID-19) continues during an extended lockdown in Frankfurt, Germany, January 14, 2021. REUTERS/Kai Pfaffenbach/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterIndex falls for third month in a rowUkraine war, energy crisis weighs on business moraleIfo: Economy expected to shrink in Q3BERLIN, Aug 25 (Reuters) - German business morale in August fell to its lowest reading since June 2020 amid high uncertainty due to the Ukraine war, the resulting energy crisis and fears of an economic downturn in the third quarter, a survey said on Thursday.The Ifo institute's closely watched business climate index fell for a third consecutive month but less than expected to 88.5, from...
Ukraine health crisis worsens as medics work amid shelling – WHO
Health

Ukraine health crisis worsens as medics work amid shelling – WHO

LONDON, Aug 4 (Reuters) - Ukraine is facing a worsening health emergency as the conflict with Russia rages on, the World Health Organization said, with a combination of burnt-out staff, increased shelling and the approach of winter fuelling the agency's concerns.There have been 434 attacks on healthcare facilities in the country, out of 615 such attacks reported this year worldwide, according to a WHO tracker.The WHO's Ukraine emergency co-ordinator Heather Papowitz said healthcare teams in many areas have become used to working with shelling outside their window.Register now for FREE unlimited access to Reuters.comRegister"It's kind of falling off the news in a way... but this is an emergency of public health," Papowitz told Reuters on Wednesday.Russia denies it targets civilians, but ...