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Euro-area stays in lower gear as order growth weakens

Bloomberg Economic momentum in the euro area kept a steady pace in April after softening earlier in the year, in a sign that growth in the region is set to continue albeit at a slower pace. A composite Purchasing Managers’ Index remained unchanged at 55.2, IHS Markit said on Monday. Economists surveyed by Bloomberg predicted a decline to 54.8. While ...

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Space is the next emerging frontier of global warfare

Sitting at the controls of a Boeing space-flight simulator, ‘docking’ the company’s planned ‘Starliner’ craft with an imaginary space station, you begin to understand why the Pentagon is so focused on such advanced systems. Space is the new frontier of warfare. That was the theme of a ‘Space Symposium’ in Colorado Springs that gathered thousands of military and corporate experts ...

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Even in pharma, M&A shouldn’t be this easy

M&A shouldn’t be this easy. London-listed drugmaker Shire Plc has nudged Japan’s Takeda Pharmaceutical Co. to up its takeover proposal twice to 44 billion pounds ($62.5 billion). Allergan Plc said that it was considering a bid only to say it wouldn’t after its shares suffered a bad reaction. This auction may have a bit further to go. Takeda must have ...

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