CRITICS are questioning efforts by US President Barack Obama’s administration to secure a $433 million (€315M) experimental smallpox drug with uncertain efficacy.

US Stocks vaulted higher for a second session on Wall Street today as investors welcomed the Treasury Department’s move to put pressure on the Chinese currency.

Revlon Inc, announced today that Jeffrey M Nugent, its president and chief executive officer who came on board two years ago to spearhead the cosmetic giant’s turnaround, has resigned.