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News
Roche, GSK And Novartis Strike Billion-Dollar Deals As MFN Drug Pricing Pacts Expand
1+ week, 2+ day ago (309+ words) Major pharmaceutical companies including Roche, GSK, and Novartis are at the centre of a flurry of deal-making and drug pricing agreements reshaping the industry landscape. GSK moved first among the late movers in the consolidation wave, agreeing to acquire efimosfermin…...
Trump Expands Most-Favored-Nation Drug Programme As GoodRx And CSafe Unveil New Products
1+ week, 2+ day ago (338+ words) The latest additions bring the total number of companies participating in the MFN programme to 26, marking a substantial expansion of the administration’s drug pricing strategy. Officials say the 26 participating companies now collectively account for 89% of the branded drug market in…...
Bessent Says U.S. Budget Deficit Has "Very Good Chance" Of Having Peaked Under Trump
3+ week, 3+ day ago (368+ words) Treasury Secretary Scott Bessent has expressed cautious optimism that the United States budget deficit may have reached its high point under President Donald Trump. Bessent made the remarks during an exclusive interview with CNBC’s Sara Eisen on Thursday, a day…...
Trump Attacks Fed Interest Rate Policy And Says U.S. Should Be Paying Far Less
3+ week, 4+ day ago (543+ words) President Donald Trump renewed his public assault on Federal Reserve interest rate policy on Wednesday, insisting solid economic data should not prevent the central bank from cutting rates. Trump accused Fed officials of acting with political motivations, a charge he…...
FTSE Rises As UK Inflation Climbs On Iran-Linked Energy Price Pressures
3+ week, 5+ day ago (353+ words) London’s FTSE 100 edged higher on Wednesday morning as rising UK inflation, partly driven by energy costs linked to tensions involving Iran, shaped early market sentiment. Inflation in the United Kingdom has continued to climb, placing pressure on household budgets and…...
OFAC Issues New Venezuela Earthquake Relief License And Reaffirms Broader Sanctions Recalibration
3+ week, 5+ day ago (421+ words) In June 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control issued a series of new and amended Venezuela-related general licenses across multiple sectors. The agency has tightened restrictions in some areas while carving out narrow authorisation pathways for…...
FTSE 100 Holds Steady As Rising Oil Prices Lift Energy Stocks
3+ week, 5+ day ago (338+ words) London’s FTSE 100 index maintained modest gains in recent trading, with energy stocks among the strongest performers as global oil prices climbed higher. Oil majors listed on the London exchange provided meaningful support to the broader index, reflecting the direct relationship…...
Witnesses Urge EEOC To Retain Or Overhaul EEO-1 Reporting Rules At Public Hearing
4+ week, 1+ day ago (382+ words) The U.S. Equal Employment Opportunity Commission held a public hearing on August 11, 2026, examining its proposal to rescind long-standing EEO-1 workforce reporting requirements. Twenty-two witnesses appeared before the Commission, with the majority urging the agency to retain or modernise the reporting framework…...