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‘Get Brexit Done’ rings hollow for baffled British businesses

Bloomberg British businesses are taking Boris Johnson’s election pitch to ‘Get Brexit Done’ with a pinch of salt: they know that confusion over the UK’s exit from the European Union is set to carry on through 2020, or longer. Even if the prime minister wins a parliamentary majority in December and passes his Brexit withdrawal agreement, UK Plc would face ...

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UK’s AstraZeneca backs $1billion fund for biotech startup in China

Bloomberg AstraZeneca Plc is teaming up with one of China’s largest investment banks on a $1 billion biotechnology venture capital fund as the UK drugmaker builds presence in the fast-growing market. AstraZeneca will work with China International Capital Corp to target support for drug and diagnostics developers along with other startups using artificial intelligence and digital technologies to improve health ...

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Merkel adviser sees rising recession risk

Bloomberg Germany is walking a tight line as an industrial recession threatens to drag down the broader economy, one of the leading economic experts advising Chancellor Angela Merkel‘s government warned. “Manufacturing has been hit hard by the decline in world trade — industry is in recession,” said Volker Wieland, a member of the council of economic advisers, which lowered its ...

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