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Gold elite challenged by base metals bourse on market future

Bloomberg The world’s biggest industrial metals exchange is taking on the most powerful players in the gold market with the launch on Monday of its first futures contract for the commodity since the middle of the 1980s. The London Metal Exchange and its partners aim to grab a piece of the action in a city where almost half the world’s ...

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FDA eyes computer simulations to cut costs

Bloomberg Computer simulations may get a role alongside human testing as part of an effort to bring new medications and medical devices to market more quickly and cheaply. The US Food and Drug Administration outlined a proposal to help integrate computer modeling and virtual testing as part of the regulatory approval process for manufacturers — a step the agency said ...

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UK business says no Brexit deal not an option in EU talks

Bloomberg UK companies are overwhelmingly opposed to Britain walking away from talks to leave the European Union without a deal, a survey by the British Chambers of Commerce shows. More than a third of businesses want the UK to stay in the EU single market and customs union, according to the poll of 2,400 firms published on Monday. Almost 30 ...

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