ZURICH (Reuters) – Novartis AG said on Thursday it would sell its nearly one-third voting stake in Roche back to its cross-town rival for $20.7 billion, disentangling the two competitors that had been linked by the investment for more than two decades.FILE PHOTO: Swiss drugmaker Novartis’ logo is seen at the company’s plant in the northern Swiss town of Stein, […]
Read moreActors, politicians and firms lend support to 21x Club’s call to pull investments out of industries that harm planet Last modified on Thu 4 Nov 2021 07.35 EDT Stephen Fry, the actor Kelly Macdonald and the former Liberal Democrat leader Jo Swinson have joined a coalition of campaigners calling on the public to harness the untapped power of their pensions […]
Read moreLuxury carmaker doubles sales thanks to rollout of the £160,000-plus DBX Last modified on Thu 4 Nov 2021 07.47 EDT Luxury carmaker Aston Martin’s losses widened in the third quarter of 2021 despite sales doubling year-on-year as it rolled out its new DBX sports utility vehicle targeted at wealthy female customers. Britain’s only large listed car manufacturer reported a loss […]
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Bank of England: Victoria Scholar discusses interest rates We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The Monetary Policy Committee (MPC) will today set the Bank of England’s […]
Read moreCMA decision comes after long battle over £90m takeover of rival first announced in March 2019 Last modified on Thu 4 Nov 2021 05.55 EDT JD Sports has been ordered to sell Footasylum, the trainer retailing rival it bought in 2019, after the competition regulator once more found that the takeover had reduced competition for high street shoppers. The retailer […]
Read moreRegion is key production location for US streaming firms and UK broadcasters Last modified on Thu 4 Nov 2021 02.02 EDT From walking tours in Bath to visiting the sweeping coastal scenery of Hartland Quay in Devon and stately Mapperton House in Dorset, hits from Bridgerton to the period film Rebecca are providing the southwest of England with a TV […]
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A finance firm and its mother and son operators are attempting to overturn millions of dollars in court-ordered fines after failing to report $53.4 million of suspicious transactions from an international mogul accused of running a huge pyramid scheme. The 2019 trial of Jiaxin Finance, its sole director and shareholder Qiang Fu and his mother, Fuqin Che, was the first […]
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We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info COP26: Carney says ‘there’s not a green switch you can flip Speaking at the COP26 conference this morning Mr Carney […]
Read moreThe monetary policy announcement from the European Central Bank is due on Thursday, headlining a hectic day for the European economic news. At 3.00 am ET, flash consumer prices and quarterly unemployment data from Spain and labor market data from Hungary are due. Spain’s harmonized inflation is seen rising to 4.8 percent in October from 4 percent in September. Spain’s […]
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