Recent Posts

AstraZeneca to pay Daiichi $6bn for new cancer drug

Bloomberg AstraZeneca Plc agreed to pay as much as $6 billion to buy into a promising medicine for lung and breast cancer in the second potential blockbuster oncology deal in two years with Japan’s Daiichi Sankyo Co. The UK drugmaker will pay Daiichi $1 billion upfront to jointly develop and bring to market a cancer therapy in early clinical tests ...

Read More »

German business expectations jump to highest level since 2018

Bloomberg German businesses are growing increasingly optimistic that government support at home and an unprecedented euro-area fiscal plan will bolster demand and drive an economic recovery later this year. Expectations at companies surveyed by the country’s Ifo institute improved to 97 in July from a revised 91.6 in June, the strongest reading since late 2018. The main business climate index ...

Read More »

UK grid plans for 30m electric cars by 2040

Bloomberg The number of electric cars on Britain’s roads will jump to 30 million in next 20 years, helped by government policies to phase out sale of polluting cars. The nation’s goal of reaching net-zero emissions by mid-century is looking more achievable under three out of four scenarios modelled by network operator National Grid Plc’s Electricity System Operator unit in ...

Read More »
Send this to a friend