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What the Britain’s Healthiest Workplace data tell us about the nation’s wellbeing, as tough economic times beckon
...One-year-old healthcare start-up Hippocratic AI has gained a $500mn valuation following a funding round, as Silicon Valley investors seek to cash in on promising new applications built using generative artificial...
...London-based healthcare investor GHO Capital has this year hired advisers from JPMorgan to oversee a sales process for FairJourney Biologics, a contract research organisation that works on behalf of pharma...
...Shares in energy unit GE Vernova, GE Aerospace and GE Healthcare all declined more than the S&P 500 on Tuesday....
...the separation of its healthcare unit, now trading as a separate company called Solventum....
...The latter — now known as GE Aerospace, but still trading under the classic GE stock ticker — sank 2.4 per cent. GE Healthcare, which was spun off at the start of 2023, fell 1.6 per cent....
...The company said it was ready for GE Vernova, its energy division, and GE Aerospace to be operating as separately listed companies in early April....
...That is more than twice what was achieved by GE Healthcare, which spun off as a separately listed company in January....
...As a recent Pew Research survey highlighted, 60 per cent of Americans would be uncomfortable with their doctors or other providers relying on AI for their healthcare....
...The government has told the OBR to assume 1 per cent real-terms growth a year for public spending to 2028-29, but healthcare pressures are growing at least three times that fast....
...Other companies: KKR, Spotify, GE Healthcare, and Hertz are also reporting before the bell. Amgen, Gilead Sciences, Chipotle, Ford and Snap are reporting after the bell....
...Private health sales rose 41 per cent in 2023, as Aviva continued to benefit from strains on public healthcare, while premiums from general insurance such as car insurance also grew....
...Spire Healthcare has reported double-digit profit growth as it continues to benefit from increased outsourcing by the UK’s National Health Service....
...South Korea on Friday raised its healthcare alert to the highest level as the widening strike by trainee doctors adds strain on the country’s medical system....
...Industrial conglomerate GE has pushed up its profit and cash flow forecasts for 2023, as it prepares to complete its three-way demerger in the first half of next year....
...European equities slipped on Thursday, pulled lower by a decline for healthcare stocks and utilities. The region-wide Stoxx Europe 600 was down 0.1 per cent....
...“Healthcare has historically been perceived as always in demand, perhaps inflation resilient....
...GE has increased its profit forecast for the year after strong demand from commercial and defence customers boosted its aerospace business....
...South Korea’s government is scrambling to train more doctors in anticipation of a looming demographic crisis, as a rapidly ageing society increases demand for healthcare....
...Johnson & Johnson has struck a deal to buy medical device maker Shockwave Medical for $13.1bn, as the healthcare giant puts cash to work from the spin-off of its consumer health arm to pursue acquisitions...
...And then in return, we would expect a good deal on price and speed of access for British patients as well as helping you export around the world,” he added....
...Even as healthcare organisations become better at protecting themselves from one type of attack, such as ransomware — by restoring locked data from backups, for example — cyber criminals switch tactics....
...Much the same is now happening on a broader front as mobile computing invades markets including healthcare, where medical device companies have their own IP moats....
...Former GE chief executive Jeff Immelt invited Peltz to buy stock in GE after Immelt announced his decision, in 2015, to get rid of GE Capital....
...US healthcare giant UnitedHealth Group swung to a loss in the first quarter, as costs incurred by a data breach at its Change Healthcare subsidiary weighed on earnings....
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