Ward: Science

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The UK’s pharma deal was vital – but the GSK boss is right about US dominance | Nils Pratley

It would be absurd to claim the UK has suddenly become a life-sciences leader thanks to the new pricing and tariffs pactThat’s gratitude, eh? It’s not even a fortnight since the government agreed to raise the prices the NHS pays for new medicines and here comes the boss of GSK, Britain’s second larg…

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Saks Mulls Bankruptcy After Raising Billions for Turnaround

Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation.

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Novo Nordisk Gets US Approval for Wegovy Obesity Pill

Novo Nordisk won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly & Co.
Novo will start selling the pill in the US in early January, the company said in a statement Monday. It is approved to…

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ServiceNow to Buy Cyber Startup Armis for $7.75 Billion

ServiceNow Inc. has reached a deal to buy the cybersecurity startup Armis in a deal valued at $7.75 billion, representing its largest acquisition to date.

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EU moves against cheap plastics imports as recycling plants shut

European Commission plans additional checks and stricter rules to shore up ailing industry

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Caviar and foie gras? China is becoming a luxury food powerhouse

Low-cost domestic producers of prized delicacies are replacing imports and breaking into global markets

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HSBC board member who led search for chair to retire

Ann Godbehere will step down as a director at next year’s annual meeting

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Ares Management chief eyes private equity as group’s next target

Michael Arougheti says private credit-focused firm has ‘a lot of financial capacity to buy’

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What Tesco can teach fintech hotshots about cultural imperialism

Cultural hurdles can be just as hard to get over as regulatory ones

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John Elkann’s year to forget: a pile-up of problems from family to Ferrari

Tax fraud charges escalate schism within Agnelli dynasty as troubles mount across billionaire’s business empire

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ERG bid gatecrashed by Kazakh businessman

Shakhmurat Mutalip has countered offer from Shukhrat Ibragimov for stake in miner

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Panama Canal ports deal at risk after China’s Cosco demands majority stake

BlackRock and shipping group MSC consider walking away from talks

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Scoop: TikTok signs deal for sale of U.S. unit after yearslong saga

TikTok has signed a deal to divest its U.S. entity to a joint venture controlled by American investors, per an internal memo seen by Axios. Why it matters: A deal would end a yearslong saga to force TikTok's Chinese parent ByteDance to sell the company's U.S. operation to domestic owners to allevia…

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In a surprise announcement, Tory Bruno is out as CEO of United Launch Alliance

"It has been a great privilege to lead ULA through its transformation and to bring Vulcan into service."

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10 years bootstrapped: €6.5M revenue with a team of 13

Comments

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Bet365 boss receives at least £280m in pay and dividends despite profit slump

Denise Coates’s gambling empire reports turnover of £4bn in year to March 2025, up from £3.7bnDenise Coates, the billionaire boss of Bet365, a self-described “ultimate gambler” and Britain’s highest-paid woman, took home at least £280m in pay and dividends in 2025 despite a slump in pre-tax profits.…

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Ryanair fined €256m over ‘abusive strategy’ to limit ticket sales by online travel agencies

Italy’s competition authority says Irish airline implemented technical obstacles to force sales through its own websiteBusiness live – latest updatesRyanair has been fined €256m (£223m) by Italy’s competition authority for abusing its dominant market position to limit sales of tickets by online trav…

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