Big pharma: Indivior launches generic version of own drug to beat copycats February 20, 2019 British drugs firm Indivior has launched a copycat version of its opioid addiction drug Suboxone in the US, shortly after a court allowed rivals to market generic versions of it. Read more: Indivior share price plunges on US court defeat which could hit sales hard The firm's shares were up 1.8 per cent this afternoon. [...]
TfL bans Uber from London after ‘pattern of failure’ leaves passengers at risk November 25, 2019 Transport for London (TfL) today effectively banned Uber from the capital, saying the company was not a “fit and proper” operator. TfL said safety breaches had “left passengers at risk” and that Uber did not have “a robust system for protecting passenger safety”. It added that a “pattern of failure” was behind its decision to [...]
Bayer shares hit after $2bn payout to couple in Roundup weedkiller case May 14, 2019 Shares in Bayer dropped today even as analysts said a $2bn (£1.5bn) damages payment awarded to a California couple who claim the company’s Roundup weedkiller gave them cancer is likely to be reduced. Alva and Alberta Pilliod said that using the chemical had contributed to their contracting non-Hodgkin’s lymphoma. Read more: Bayer considers appeal after [...]
Morrisons in City spotlight for first-quarter results May 6, 2019 Investors will be hoping Morrisons can replicate recently-improved trading results from its supermarket rivals later this week when it looks set to extend a long spell of like-for-like sales growth. Read more: Morrisons granted permission for Supreme Court appeal over data ruling Following a largely better-than-expected financial performance from both Sainsbury’s and Tesco in recent [...]
Morrisons in City spotlight for first-quarter results May 6, 2019 Investors will be hoping Morrisons can replicate recently-improved trading results from its supermarket rivals later this week when it looks set to extend a long spell of like-for-like sales growth. Read more: Morrisons granted permission for Supreme Court appeal over data ruling Following a largely better-than-expected financial performance from both Sainsbury’s and Tesco in recent [...]
British Airways settles long-running pensions battle with trustees April 9, 2019 British Airways has settled a long-running battle with the trustees of one of its staff pension schemes in a case that was set to go to the Supreme Court. The trustees of the nearly 25,000 member Airways Pension Scheme said today they had agreed to an out-of-court settlement to the dispute, subject to the approval of the [...]
William Hill boosts revenue after international expansion campaign May 15, 2019 Bookmaker William Hill said today it had increased its revenue after a campaign of international expansion. In a trading update for the 17 weeks to 30 April, William Hill said net revenue grew two per cent, which it said reflected a “year of transition in retail and online”. Online net revenue grew eight per cent, [...]
With friends likes these… the UK is better off walking away than signing up to an EU deal October 13, 2020 When it comes to Brexit deals, Australia may be a lot further away from the EU than Canada — but right now, it’s looking a fair sight better. With time running out before the “crunch” EU summit which begins on Thursday, it appears likely that the UK will not get a Free Trade Agreement (FTA) [...]
Republicans have no clue how to handle their deranged ‘Messiah’ August 23, 2019 Imagine you are a serious US politician. What do you do when the man your party put in the White House tries to buy another country’s territory, before repeating claims that he is like the “King of Israel” and boasting that he is “the Chosen One”, all within the space of two days? The obvious [...]
Kerching: Supermarkets win court ruling over £300m cash machine case November 9, 2018 Supermarket giants including Sainsbury’s and Tesco have won a £300m court dispute over business rates for cash machines outside shops. Today’s ruling from The Court of Appeal decided in favour of the retail giants, who are set to be refunded hundreds of millions of pounds from the government and local authorities. For eight years retailers [...]