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...Audit reports for PCC UK from 2021 seen by the FT also show the company has maintained large trading balances with PCC in Iran since being placed under sanctions by the US, allowing it to continue operating...
...On an industrial estate one hour south of Birmingham, a sign in red Cyrillic letters is the only hint that a small outpost of Russia’s military industrial complex is still quietly operating in the UK....
...However, the company blames the macroeconomic situation for its recent slowdown. In the 12 months to December, revenue fell 4 per cent while its adjusted operating profit fell 1 per cent....
...HOLD: Trustpilot (TRST) The stock continues its upward march amid growing user figures and a crackdown on fake reviews, writes Jennifer Johnson....
...Investors like to hear a bullish story from companies, too....
...UK & Ireland sales grew by 3 per cent, although retail profits also fell by 8 per cent due to higher operating costs....
...The healthcare company — which sells drugs and medical devices — now expects operating sales of between $84.4bn and $84.8bn in 2023, up from its previous forecast of between $83.6bn and $84.4bn....
...The increase was mostly due to higher adjusted pay and benefits, according to the company’s earnings commentary....
...Psoriasis drugs were the first to turn dermatology into a high value market, with sales of Stelara by Johnson & Johnson exceeding $10bn a year; four other psoriasis treatments have annual sales above $2.5bn...
...They were corrupting the sport and that was operating at a global level. Miles JohnsonJohn’s been trying to come up with a plan. A plan to take the Kinahans down....
...I remember when the Supreme Court was just about to overturn the Roe v Wade abortion ruling in 2022. I spoke to the CEO of a large American business....
...The company, which counts some 40 per cent of US hospitals as its customers, saw profits stagnate in recent years as cost pressures weighed on health systems....
...MTK, the boxing company that Daniel Kinahan co-founded, it closes....
...France has ruled that funds operating under its “socially responsible” ISR label will, from the start of 2025, be barred from investing in any companies that launch new hydrocarbon exploration, exploitation...
...The idea is to make it harder for companies to hire people from other countries....
...It calls them “partners in a sort of holding company for international cocaine trafficking”. And that holding company, it works on a few simple but powerful economic principles....
...Christy Kinahan used an exploding European drug market to grow a tiny Dublin heroin hustle into a cocaine empire operating across the continent....
...from a third-party armoured car carrier facility that was used by the Company, and lower net interest income, partially offset by lower provision for credit losses....
...BUY: GSK (GSK) After years as a sector laggard, the company has decided to make a name for itself in immunisations, writes Jennifer Johnson....
...As president Lyndon Johnson said in declining to remove FBI Director J. Edgar Hoover: “It’s probably better to have him inside the tent pissing out, than outside the tent pissing in.”...
...“To Blackstone’s credit, they’ve been doing it for years,” Johnson said....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
...It is building a facility in Penang, but some US lawmakers already want to restrict American companies from collaborating on RISC-V projects....
...The agreement “dramatically expands the reach of WWE and brings weekly live appointment viewing to Netflix”, said Mark Shapiro, president and chief operating officer of WWE owner TKO....
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