Bloomberg AstraZeneca Plc said it chose Ireland for a new manufacturing facility instead of the UK because of punitive tax rates, raising fresh fears over Britain’s attractiveness to Big Pharma. The drugmaker initially wanted to make the $360 million investment in the UK, but “the tax rate was discouraging,” Chief Executive Officer Pascal Soriot said in a briefing with ...

  Bloomberg UK property surveyors said the housing market settled further into hibernation in January as buyer inquiries, agreed sales and new instructions to sell all fell again. The lackluster activity, driven by higher interest rates and the tightest cost-of-living squeeze in generations, translated into a further drop in prices at the start of the year, the Royal Institution of ...

  Bloomberg Joe Biden hosts his counterpart Luiz Inacio Lula da Silva at the White House Friday in a show of support for Brazilian democracy, shaken last month by a right-wing insurrection akin to the invasion of the US Capitol in 2021. Washington and Brasilia organized the meeting with unusual urgency, scheduling it just six weeks after Lula’s inauguration. Yet ...