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Christmas spend not to be spared from UK consumers

Bloomberg Inflation might be the Grinch that steals Christmas in Britain this year. UK household expenditure is set to fall 0.1 percent from a year earlier during the holidays, according to a report by Visa and IHS Markit published on Monday. The slump will likely emerge as a result of faster price growth and the resulting pinch on incomes. The ...

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Drug companies mull over idea of Amazon pharmacy

Bloomberg The market is buzzing with speculation that Amazon.com Inc. will enter the pharmacy business. Some drugmakers are just fine with changes the tech retail giant might bring to the complex market. Drug companies say getting medicine into patients’ hands is complicated and costly. Some have pointed to the multiple layers of middlemen including insurers, pharmacy benefit managers, distributors and ...

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Secret $80bn bomber praised by Pentagon inspector general

Bloomberg The Air Force’s classified next-generation bomber programme began with a solid plan for meeting cost goals and warfighting requirements, which include an option to fly unmanned missions, according to a newly declassified audit from the Pentagon’s inspector general. The challenge will be sticking to that plan. The early praise for the $80 billion B-21 programme came about a month ...

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