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...Horizon had also attracted interest from French drugmaker Sanofi and US pharma group Johnson & Johnson....
...Mending public finances should take priority, it argues....
...(Bloomberg) Holding grudges Longtime Ant Group investors await a massive payday come the company’s dually-listed initial public offering....
...Mr Johnson argued that the home improvement trend had room to run....
...Boris Johnson has ruled out deep public spending cuts of the sort launched after the 2008 financial crisis. “It’s certainly not going to be part of our approach,” the prime minister said last month....
...Metro Bank goes onto the “buy” list at Investec. Analyst Ian Gordon reckons it’s now cheap enough to offset the fact that it’s Metro Bank....
...Last year two of the group’s investments — Auris Health and CTRL-Labs — were sold in billion-dollar deals to Johnson & Johnson and Facebook, respectively. Read the tale from DD’s Miles Kruppa here....
...Elliot, who is friends with fellow Eton-alumni Boris Johnson, the UK’s prime minister, also has a growing presence in Whitehall....
...“Fees are infinitesimally small because index funds have spawned competition hugely beneficial to the investor,” says Ben Johnson of Morningstar, the fund-ratings group....
...“It’s not like the standard V-shaped recession in emerging markets, such as in Indonesia in 1998 where it’s only a year and a half of real economic hardship,” he said....
...(NYT) Japan Inc overpays? No way A punchy defence of Japan’s flashy overseas spending spree from Goldman Sachs’ Yoshihiko Yano....
...Pfizer shows how the adjustments made so far reflect the balance of different factors....
...For many people previously dependent on, for example, the metro, which carries nearly 5m passengers daily over its 80km network, this has been a boost....
...The adjustment bureau The dirty little secret among New York’s elite M&A legal scene is that the contracts they draft for public company deals are not that complicated....
...Mr Ashbourne believes the “lingering effect” of last year’s falls in commodity prices will continue to undermine growth, particularly in Angola “which has yet to make a serious adjustment”, and Zambia “where...
...In tests from Philadelphia to Gujarat, MasterCard has begun to integrate payment systems for train, metro, bus and road toll systems. “85 per cent of the world’s payments are still in cash....
...That is Act V, and we are not there yet. For now we are still very definitely in the age of hydrocarbons....
...One way to picture the economic impact of a Brexit may be the shape of a letter ‘V’ or a ‘tick’....
...This adjustment to the most high-profile US experiment in charging for news on Tuesday comes as more newspapers are implementing “metered” access models, which attempt to charge frequent online users while...
...In continental Europe, France’s Carrefour and Germany’s Metro will be the benchmark, although both companies are suffering from turbulent conditions....
...More striking still is a collaboration with Anish Kapoor, for a new metro station in the Naples suburb of Monte Sant Angelo....
...“Unless it goes right to [Rupert] Murdoch, adjustments will be made,” one hedge fund manager said, predicting little long-term harm to News Corp, so long as problems are contained in the UK....
...An adjustment based on NBCU’s recent performance during the past year is not expected to significantly affect the terms of the deal....
...Vivendi will sell its 20 per cent stake for $5.8bn while Comcast will pay GE $7.1bn in cash, minus an adjustment tied to NBCU’s cash flow since the deal was announced....
...Hulu is considering plans for an initial public offering as early as this autumn, which could value the US online video company at about $2bn, people familiar with the plan said....
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