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    Caldwell Strengthens Life Sciences and Healthcare Practice with Addition of Olga Kozlova in Dubai

    ACCESS Newswire

    Olga Kozlova, Partner in Caldwell’s Life Sciences and Healthcare Practice, based in Dubai. Kozlova advises clients across the Middle East, North Africa and Europe on senior executive and board appointments across healthcare and life sciences. With nearly 20 years of executive search and leadership advisory experience, Kozlova partners with multinational, regional and founder-led organizations to recruit CEOs, general managers and other senior executives. She brings deep knowledge of the healthcare and life sciences landscape across the Middle East, together with extensive experience advising organizations as they build and strengthen leadership teams in complex and evolving markets.

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    Wall Street rises after Treasury expands debt buybacks

    Business

    U.S. stocks ended modestly higher Wednesday as long-term Treasury yields fell sharply. The S&P 500 rose 16.22 points, or 0.21%, to 7,707.98, ending a three-session losing streak. The Dow Jones Industrial Average gained 119.65 points, or 0.22%, to close at 53,463.05. The Nasdaq Composite added 41.38 points, or 0.16%, finishing at 26,331.09. Falling government bond yields helped major indexes recover after several sessions of pressure from rising borrowing costs. Bond prices climbed after the U.S. Treasury Department announced larger liquidity support buybacks for longer-dated government debt. Starting September 9, the maximum purchase size will increase from $2 billion to at least $4 billion per operation. The change covers nominal coupon securities in the 10-to-20-year and 20-to-30-year maturity sectors. The increased amounts will remain in effect through November 4. The department said strong volumes of high-quality offers supported the decision to increase liquidity operations in those sectors. Treasury yields moved lower following the announcement, reversing part of a recent rise in long-term borrowing costs. Bond yields move inversely to prices, so stronger demand for government debt pushed yields lower. The retreat eased pressure that had accompanied the recent selloff in longer-term government bonds.