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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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Carillion plunges as profit misses goal, dividend suspended

Bloomberg Carillion Plc plunged the most on record after the British construction company said first-half profit will be lower than expected, dividend payments will be suspended and the chief executive officer has stepped down. Cash flow from some projects has deteriorated, and the board will review all of the company’s major contracts with the help of KPMG, Carillion said in ...

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