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...Large pharma companies have warned that a sharp rise in a tax on drug costs, the increase in corporation tax and the difficulty of introducing innovative products into the NHS are all reducing the draw of...
...The BHP offer hinged on exiting two of the company’s prized South African assets, which have been laid low by the country’s rolling blackouts and freight chaos in getting iron ore to world markets....
...“They just have to keep on rolling over the [investment].”...
...With other refinery closures, this has added to the country’s reliance on imports, in particular supplies of emergency diesel for Eskom, the troubled state power monopoly that has imposed rolling blackouts...
...Zhang Xueqing, an analyst from China International Capital Corporation, a leading Chinese brokerage, said the regulator’s statement should “soothe the concerns of capital markets” and showed a more “gentle...
...“But I do think that there is value in excluding the most volatile countries on a rolling basis.”...
...This is ultimately a question for politicians rather than corporations. And the UK government has recently found its answer: safety first....
...While Chevron will shell out $53bn for Hess Corporation....
...But South Africa president Cyril Ramaphosa’s declaration of an extra public holiday has drawn criticism from the opposition Economic Freedom Fighters, amid rolling blackouts, a stuttering economy and a national...
...Heads are rolling, Bloomberg reports....
...“You always get people’s attention when other executives in the industry are rolling up their sleeves to be fingerprinted,” said Widge Devaney, a former federal prosecutor now at law firm Baker McKenzie....
...If big corporations are serious, they need to start buying carbon-free materials.”...
...Many investors cannot freely substitute between rolling short-term bills and buying long-term bonds....
...According to Tory, the terminal value of UK corporations has collapsed from $1.6tn in 2006 to $0.9tn today....
...Speaking of the basis trade, they add that FICC and the CME, the futures exchange and clearinghouse, are rolling out a cross-margining product for members that could be expanded more broadly, the bank says...
...Chevron has agreed to buy rival oil and gas producer Hess Corporation in a $53bn all-stock deal....
...But it is still £7bn shy of the additional costs businesses have shouldered this year in the form of corporation tax increases....
...However, since it began rolling out in 2016 the programme has been beset by delays and complaints from some professional bodies and taxpayers over unexpected costs....
...asks Derek Grossman, senior defence analyst with the Rand Corporation, of the US-India relationship. “In my view, we are.”...
...The three banks clubbed together to fire off letters to regulators at the Fed, Federal Deposit Insurance Corporation and Office of Comptroller of the Currency, claiming that the change would allow them “...
...Sharing First Republic’s loan losses with JPMorgan will limit the costs to the Federal Deposit Insurance Corporation to $13bn....
...We were chuffed to see a piece on our favourite private credit backwater, business development corporations, on the front page of yesterday’s Wall Street Journal....
...Not for much longer: next month will see the hotel reopening after the first phase of a rolling reinvention, starting with the pool’s much-loved restaurant (now the Splendido Grill), and culminating in the...
...All the fentanyl needed to supply the US for one year weighs the equivalent of 5 tonnes and would easily fit into one lorry, according to researchers at Rand Corporation....
...Rupert Murdoch became increasingly alarmed as he watched the rolling footage of Donald Trump at a rally in Georgia, where the outgoing US president shouted lies about election fraud to his supporters....
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