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...Merck’s research chief has called on the UK government to make the country more welcoming to pharma companies, ahead of the US-based drugmaker breaking ground on a £1bn research centre in London next week...
...Meanwhile, West Virginia is co-leading 10 red states in litigation against the Securities and Exchange Commission, the US’s securities regulator, over rules that would require companies to disclose some...
High Court upholds PDT’s claims across three parts of former steelworks site
...“William is crazy,” joked one employee. “His fans are too.”...
...At the time, the company had reported cumulative impairment losses of nearly $2bn on its digital assets since acquisition....
...Hours after the ruling, which Tesla can still appeal against, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
...at the V&A....
...The Cypriot government allowed stocks to be used to treat cats suffering with another coronavirus in the Mediterranean country, though the company said it was not approved for veterinary treatment and no...
...It’s rare for buyout partners to become executives of the companies they own. Cutting costs, 3G sold off the 1,300 company-owned restaurants to franchisees....
...While not an outright ban on TikTok Shop, the September rules meant companies would have to separate ecommerce transactions from social media content....
...The ByteDance-owned company has agreed to invest $1.5bn in Tokopedia, the ecommerce unit of Indonesia’s GoTo, in return for a controlling stake of 75.01 per cent, writes the Financial Times’ William Langley...
...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....
...The new rules give the federal government the power to negotiate lower prices for some of the most expensive prescription drugs produced by Pfizer, Merck and other pharma companies purchased by Medicare,...
...Merck’s lawsuit is the first by a major drug company, but analysts predict others are likely to follow its lead and sue the government ahead of the full implementation of the drug price negotiation elements...
...Yet Merck recorded sales worth more than $6bn between 2021 and 2022, and the figure does not include sales in poorer markets where licensed companies make generic versions of the drug....
...Letter in response to this article: When Boeing tied hands of its door panel supplier / From William Davies, Bridport, Dorset, UK...
...Yet the company’s monoclonal antibody treatment for inflammatory bowel disease has yet to be fully approved....
...Its companies have combined annual revenues of $75bn and 115,000 employees....
...Merck said the deal would strengthen the company’s position in the fast-growing field of immunology, where there is significant unmet patient need....
...Judge William Young on Tuesday ruled in their favour, prohibiting the companies from closing the deal....
...“I don’t know how the regulators will see this, but I label [the company] as a global operation,” he said. Additional reporting by William Langley in Hong Kong...
...This means gilt repo trades collaterised with corporate debt can be “a lot cheaper” and can reduce the cost of the extra liquidity that the regulator wants “by around 70 per cent”, said Tom Williams, head...
...“The European economy has been weak and diverging from the US over the past couple of quarters but, with the exception of German manufacturing, we think that’s starting to bottom and pick up,” said William...
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