Bristol Myers Squibb says it expects to cancel some drug development programmes due to US government drug pricing rules that are due to be phased in from next year. Giovanni Caforio, chief executive of the US drugmaker, told the Financial Times it was reviewing its portfolio and expected that some drug candidates would not be … Read more
The head of the UK’s largest business lobby group has warned chancellor Jeremy Hunt that he risks pushing corporate Britain into “hibernation” and curbing business investment if the Autumn Statement does not include reforms to nurture economic growth. Tony Danker, CBI director-general, told the Financial Times he had spoken to scores of companies in the … Read more
The chair of the UK audit regulator has criticised ministers for not going further in a planned shake-up of the corporate governance regime, warning they risked exacerbating the flight of companies from London’s public markets. The government announced in May that it would widen the definition of “public interest entities” (PIEs), sweeping about 600 extra … Read more
The writer is professor of economics at Oxford university After the spectacular demise of Trussonomics, fresh thinking about how to resolve the UK’s fiscal crisis has become a priority. The new chancellor, Jeremy Hunt, urgently needs market-credible solutions that enhance long-term growth. An important element in a sensible package is to enable far better land … Read more
Breadcrumb Trail Links PMN Business South African President Cyril Ramaphosa said he’ll implement sweeping reforms in response to recommendations by a judicial panel that probed corruption during his predecessor Jacob Zuma’s calamitous rule. Author of the article: Bloomberg News Paul Vecchiatto and S’thembile Cele Cyril Ramaphosa, South Africa’s president, during a Bloomberg Television interview at … Read more
The Law Commission of England and Wales will set about reviewing private international legal challenges involving cryptocurrencies through a government-commissioned project. The review, launched on Oct. 18, will provide clarity on how international law approaches emerging technologies like cryptocurrencies, digital assets and electronic documentation. The law reform project, dubbed “Digital Assets: Which Law, Which Court?” … Read more
Hong Kong CNN Business — Even though China’s economy is beset by problems ranging from a real estate crisis to youth unemployment, Xi Jinping did not offer any grand ideas to set the country back on track during his two-hour opening speech at the Communist Party Congress on Sunday. The Chinese leader is expected to … Read more
AJ Styles took the season premiere of Monday Night Raw to another level by bringing out Luke Gallows and Karl Anderson to hold back the Judgment Day. Source link
Understand international affairs from the Indian perspective with View from India Understand international affairs from the Indian perspective with View from India (This article forms a part of the View From India newsletter curated by The Hindu’s foreign affairs experts. To get the newsletter in your inbox every Monday, subscribe here.) India continued to push strongly … Read more
India continued to push strongly for a reformed U.N.-led multilateral system during what was a busy week in Indian diplomacy at the United Nations General Assembly’s (UNGA) 77th session last week in New York. Reforms, as The Hindu’s Sriram Lakshman reported from the UN, have been a central theme of External Affairs Minister S. Jaishankar’s visit. … Read more