Hints and tips:
...China’s pharma researchers do a lot of R&D of their own, but do not seem to produce many blockbusters....
...It has been investing heavily in AI tools for advertisers and users out of a big R&D budget of $9bn last quarter. This could target digital advertising more precisely....
...Jonathan Guthrie puts a monetary value and a very high one on the debt we owe them....
...(FT) Get ready for the $4.5tn takeover Coronavirus has dispelled private capital’s delusions of autonomy, Jonathan Guthrie writes....
...Lex, however, made a foray into the genre this week, opposing the idea of a “D-I-V-O-R-C-E” between Hewlett Packard Enterprise and chief executive Meg Whitman....
...jonathan.guthrie@ft.com...
...*With apologies to Paul Whitehouse jonathan.guthrie@ft.com...
...By Jonathan Guthrie: Lord Rothschild is pulling in his horns....
...A restriction on store picking has been lifted, a profit share agreement will be cancelled and an R&D fee will be reduced....
...JM Smucker, Vail Resorts andH&R Block are the highlights of the earnings calendar....
...Yours sincerely, Ian C Read” jonathan.guthrie@ft.com...
...alison.smith@ft.com DMGT: jonathan.guthrie@ft.com...
...But the setback signals that AstraZeneca remains heavily exposed to R&D risks as a pure play drug developer, even as rivals diversify....
...In last year’s budget he trumpeted news that GlaxoSmithKline would spend £500m on a Cumbrian R&D hub as a vindication of the government’s innovation policy....
...Paradoxes ‘R’ Us. The camp of the Bakries, powerful Indonesian shareholders in dysfunctional coal miner Bumi, has just sold 13.4 per cent of the shares....
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