Year: 2025
Eli Lilly’s 170% UK price hike for Mounjaro is just the start as pharma firms bow to Trump’s pricing pressures
Key Points Pharma giants are navigating U.S. President Donald Trump’s demands to bring U.S. drug prices in line with other developed nations. Eli Lilly’s decision to hike Mounjaro prices in the U.K. could spark similar moves from other firms, analysts say. The U.S. consistently pays the most in the world for many prescription drugs. Eli Lilly ‘s […]
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Here are the UK’s top-paid FTSE 100 CEOs — as report finds exec salaries at record high
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images The bosses of Britain’s biggest listed companies took home record salaries in the latest financial year, according to a new report. Median pay among FTSE 100 chief executive officers was £4.58 million ($6.2 million) in the year to March 31, the […]
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Versant to rename MSNBC, drop famed peacock logos in Comcast separation
The brand logo for My Source News Opinion World Courtesy of Versant MSNBC will change its name later this year and drop the storied peacock image from its branding — the first real public-facing changes in Versant’s upcoming separation from Comcast’s NBCUniversal. The political news network will be renamed My Source News Opinion World, or […]
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China’s EV industry is spending more on factories abroad than at home for the first time
Brazilian President Luiz Inacio Lula da Silva and China’s Great Wall Motor (GWM) CEO Mu Feng attend the opening of the GWM automobile factory on August 15, 2025, in Sao Paulo, Brazil. China News Service | China News Service | Getty Images BEIJING — Chinese electric car companies are increasing investments in overseas factories as […]
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Novo Nordisk offers diabetes drug Ozempic for less than half the price for cash-paying U.S. patients
A box of Ozempic made by Novo Nordisk, at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Monday said it now offers cash-paying U.S. patients its blockbuster diabetes treatment Ozempic for less than half its monthly list price, as drugmakers face mounting political pressure to lower prices in […]
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Modi gives tax boon to India’s economy amid Trump tariff tensions
Narendra Modi, India’s prime minister, during the nation’s Independence Day ceremony at Red Fort in New Delhi, India, on Friday, Aug. 15, 2025. Bloomberg | Bloomberg | Getty Images Indian markets rallied on Monday as Prime Minister Narendra Modi’s recently revealed tax cuts extended a gift to a domestic economy that still faces the teeth […]
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Bitcoin sinks to $115,000 after hitting its newest record, as macro concerns spark liquidation wave
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images The crypto market tumbled to begin the week as heightened macro concerns triggered more than $500 million in forced selling of long positions. The price of bitcoin […]
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Elon Musk’s Tesla reportedly slashes UK monthly lease fee as sales plummet
A group of activists criticizing Elon Musk and Tesla’s policies hold a protest outside a Tesla dealership in London’s Park Royal district, on April 12, 2025 in United Kingdom. Anadolu | Anadolu | Getty Images U.S. electric vehicle maker Tesla has sharply cut its monthly lease fee for British motorists to boost weakening demand, The […]
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‘Job hugging’ has replaced job hopping, consultants say
Key Points Workers are “job hugging,” or clinging to their jobs “for dear life,” according to consultants. They may be nervous to move to new opportunities in the current labor market. Employers have also pulled back on hiring. Source
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Three things Europe wants as leaders prepare to meet Trump
U.S. President Donald Trump speaks to reporters aboard Air Force One on his way to Alaska meet with Russian President Vladimir Putin on to negotiate an end to the war in Ukraine, U.S., August 15,2025. Kevin Lamarque | Reuters LONDON — Three goals are topping the agenda as several European leaders join Ukrainian President Volodymyr […]
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