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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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UK’s unreliable boyfriend is ghosting the pound

The pound’s slow but steady gains in the past year or so have seen it recover almost all of its post-Brexit referendum losses against the dollar. But in a welcome sign that monetary policy remains data-dependent rather than driven by what might be called fear of missing out, Bank of England Governor Mark Carney may have just halted its ascent. ...

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