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...Meanwhile, medical devices company Smith & Nephew wants to increase pay for its US executives to bring it closer to American levels....
...Here’s what else I’m keeping tabs on today: Results: Eli Lilly, the maker of weight loss drug Mounjaro, reports this morning alongside KKR, Spotify, GE Healthcare and Hertz....
...We want drug companies to know policymakers’ greatest concerns, and what they’ve deprioritised....
...The Institut International d’Etudes Bancaires is just that....
...In response, Victoria said that there “have been no accusations of serious financial misconduct or wrongdoing at Hanover” and that FTAV’s article “single[d] out an employee of Victoria who was convicted...
...Britain after Brexit is edited by Gordon Smith. Premium subscribers can sign up here to have it delivered straight to their inbox every Thursday afternoon....
...Last week’s auction, organised by Phillips in association with Bacs & Russo at the annual Geneva Watch Days fair, offered 15 lots donated by brands to fund a scholarship at the Ecole d’Horlogerie de Genève...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Just before Christmas last year, a maître d’ saw it and thought I was using cocaine at the table. I had to explain it wasn’t a Class A drug. It was more enjoyable than that....
...The food companies’ poor performance has also been put down to widespread use of the new GLP-1 diet drugs; a Walmart executive attributed lighter shopping baskets to them....
...The MSCI China is broader and includes H shares and foreign listings, as well as mid-cap companies....
...I’d love to hear about what traditions you value — email me at isabel.berwick@ft.com....
...Reese Witherspoon sold her company Hello Sunshine to Blackstone for $900mn in 2021, for example, and Blackstone-backed Candle Media took a $60mn stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc...
...The Relocation Man Award Winner: Chris Smith, NeoGenomics When NeoGenomics, a loss-making Florida-based cancer drugs testing company, announced its new chief executive Chris Smith in June last year, it...
...He was there for the cinema festival – he had a film production company called Oscilloscope – and so was I....
...Also, you know, half of all the big companies that spend the most R&D money on drug development are American companies. So they can’t develop at home. They’re going to have to go abroad....
...The idea is to share the bounty of a legal cannabis industry with those who bore the brunt of the government’s war on drugs. Will it work?...
...Blakemore & Son wholesale distributors, which has also invested heavily in training....
...The UK’s share of pharmaceuticals R&D has fallen, from 7.7 per cent in 2012 to 4.2 per cent in 2020....
...Morgan Stanley’s UK picks are mainly skewed towards bigger companies: BAE Systems, Ashtead, 3i, BP, Smith & Nephew, Haleon, Prudential, Rio Tinto, AstraZeneca, Invidior, Segro and SSE....
...“And he would reply, “Oh no, I’d rather call you Miss Smith because we have a professional relationship.”...
...Brad H Birmingham, AL, US Thank you for all the responses and do keep them coming. They may feature in a future edition of FirstFT....
...Tech gets trippy Drugs such as ketamine and magic mushrooms are becoming a corporate norm in Silicon Valley, leaving companies to grapple with their employees’ new habits, The Wall Street Journal reports...
...The moves are part of Credit Suisse’s second strategic revamp in less than a year following a series of losses and crises, including the collapse of Archegos and Greensill Capital, that prompted wholesale...
...Rating: 🔥 Wholesale deposits: These are deposits from companies, money managers and other institutions....
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