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Healthy Returns: AstraZeneca expands U.S. investment plan on confidence in economy
AstraZeneca said it is doubling down on its investment in its U.S. business. Meanwhile, General Catalyst has agreed to purchase Summa Health for $485 million.Business - CNBC - Yesterday -
China fright ups the stakes for AstraZeneca
Pharma group needs some good news to ease investors’ nervesWorld - Financial Times - November 7 -
AstraZeneca embarks on major US expansion
UK’s largest drugmaker to invest $3.5bn by end of 2026 as it targets doubling of revenuesBusiness - Financial Times - 2 days ago -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - October 30 -
AstraZeneca China president under investigation by Chinese authorities
British drugmaker says Leon Wang is ‘co-operating with an ongoing investigation’Business - Financial Times - October 30 -
AstraZeneca Probe in China Adds to Concerns for Foreign Businesses
An investigation involving the drugmaker’s China president is the latest crackdown to trigger uncertainty in the industry about Beijing’s intentions.Business - The Wall Street Journal - October 31 -
AstraZeneca shares fall as China probe intensifies
Investigation of group’s China chief Leon Wang comes after several employees were found guilty of fraudWorld - Financial Times - November 5 -
AstraZeneca’s top China executive detained by authorities
Pharmaceutical group confirms four other current and ex-executives investigated, in addition to Leon WangWorld - Financial Times - November 6 -
China Has Detained a Senior AstraZeneca Executive
Leon Wang, executive vice president in charge of China and the broader Asian region, is being detained while the Chinese government is probing AstraZeneca employees, the drugmaker says.Business - The Wall Street Journal - November 6 -
AstraZeneca says it takes China investigation ‘very seriously’
UK’s biggest pharmaceutical company ‘committed to China’ as it raises 2024 profit forecast and announces $3.5bn US investment. Business live – latest updates AstraZeneca’s chief executive has ...World - The Guardian - 2 days ago -
China has trapped the tiger of AstraZeneca’s growth
The UK pharmaceutical company needs to resolve a corruption crackdown affecting senior executivesWorld - Financial Times - 22 hours ago -
C.D.C. Expands Covid Vaccine Recommendations
The agency endorsed additional doses for people at high risk.Top stories - The New York Times - October 24 -
AstraZeneca sheds £15 billion of market cap as weight-loss-pill data underwhelms investors
AstraZeneca PLC shed £15 billion in market capitalization on Tuesday, after investors were underwhelmed by early data from a trial of a weight-loss pill.Business - MarketWatch - November 5 -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
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Harris and Trump are equally silent on the expanding US debt
The nation is borrowing to finance current consumption rather than to make much-needed long-term investmentsWorld - Financial Times - October 18 -
TreeHouse frozen waffle recall expanded to include pancakes
A TreeHouse Foods recall of over 600 types of waffles has been expanded to include pancakes and Belgian waffles.Top stories - CBS News - October 22 -
Israel pushes for expanded UN peacekeeping mission in Lebanon
Netanyahu government wants Unifil forces to patrol much larger area and carry out border inspectionsBusiness - Financial Times - October 24 -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - October 30 -
Unrivaled expands rosters, awaits Clark decision
Unrivaled, the newly formed 3-on-3 women's basketball league, announced Fever star Aliyah Boston as its 30th player and plans to add six additional players before the league opens play in January.Sports - ESPN - November 1 -
BlackRock launches ETF that expands beyond the 'Magnificent Seven'
BlackRock's iShares is targeting investors who want to diversify beyond from the "Magnificent Seven" megacap stocks.Business - CNBC - October 31 -
Israel readies plans to expand Lebanon offensive
IDF chief says military considering ‘deepening’ of ground campaign against Hizbollah as air strikes intensifyWorld - Financial Times - November 7 -
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Russia hosts African ministers to expand ties
Russia has opened the first ministerial conference of the Russia-Africa Partnership Forum in the city of Sochi, seeking to deepen ties with African nations and dispel a notion that it’s isolated by ...World - ABC News - 5 days ago -
Cruz expands lead over Allred in Texas Senate race
Sen. Ted Cruz (R) has expanded his lead over Rep. Colin Allred (D) in the Texas Senate race as he attempts to lock down a third term in office, according to a new poll. A University of Houston ...Politics - The Hill - October 16 -
Meat recall expands to almost 12 million pounds of products
BrucePac, a large producer of prepackaged meat and poultry, has expanded an existing recall to include the addition of almost 1.8 million pounds of ready-to-eat products distributed to schools, ...Politics - The Hill - October 16 -
Harris’s Contentious Fox Interview, and Italy Expands Surrogacy Ban
Plus, One Direction’s Liam Payne dies at 31.Top stories - The New York Times - October 17 -
Arie Kopelman, a Driving Force in Expanding Chanel, Dies at 86
Arriving at the luxury house two years after Karl Lagerfeld, he helped guide a boom in both products and revenues as president of the company’s American arm, Chanel Inc.Business - The New York Times - October 18 -
Israel Expands Lebanon Campaign With Strikes on Banks It Links to Hezbollah
Its air force hit branches of Al-Qard Al-Hassan, a U.S.-sanctioned bank that the Israeli military says is central to Hezbollah’s economic functioning.World - The Wall Street Journal - October 20 -
Republicans head to court in expanding battle about overseas ballots
Overseas voting has become the latest battlefront in Republicans’ legal challenges leading up to the election. Judges in two crucial battleground states, Michigan and Pennsylvania, this week heard ...Politics - The Hill - October 20 -
Israel strikes banks across Lebanon to hit Hezbollah's finances
ZOUK MOSBEH, Lebanon — The Israeli military hit bank branches across Lebanon overnight to target Hezbollah’s finances, expanding its offensive in an assault that sparked panic as the U.S. launched ...Top stories - NBC News - October 21 -
Dye & Durham to Consider Sale as Strategic Review Process Expands
Review comes after shareholders expressed concerns about the cloud-based software and technology company spending money on acquisitions instead of paying down debt..Tech - The Wall Street Journal - October 22 -
‘Georgie & Mandy’s First Marriage’ expands the 'Big Bang Theory' universe
Fans of “Young Sheldon,” the popular prequel of “The Big Bang Theory,” now have a new show to enjoy featuring the Cooper familyEntertainment - ABC News - October 23 -
Second-hand success story Vinted plans to expand beyond clothing
Latest TPG-backed funding round values profitable Lithuanian start-up at €5bnBusiness - Financial Times - October 24 -
Putin presides over BRICS summit seeking to expand Russia's clout
Russian President Vladimir Putin has presided over a closing session of a summit of the BRICS bloc of developing economies, hailing its role as a counterbalance to the WestWorld - ABC News - October 24