U.K. business secretary Alok Sharma said the new bill will mean shutting out bidders “who could threaten the safety of the British people.” tolga akmen/Agence France-Presse/Getty Images The U.K. government plans to introduce sweeping new powers to prevent overseas companies from buying the country’s sensitive assets, amid growing concern about the impact of China’s growing […]
Amazon competes with the third-party merchants, often small and medium-size businesses, that it hosts on its site. Denis Charlet/Agence France-Presse/Getty Images Amazon faces antitrust charges from the European Union over the use of merchant data on its platforms, and the bloc has opened another investigation into the e-commerce company, in the latest move to regulate […]
Chancellor Rishi Sunak said the ONS data “underline the scale of the challenge we’re facing.” -/Agence France-Presse/Getty Images A record 314,000 U.K. workers were made redundant in the three months to September, 181,000 more than in the previous quarter, highlighting the devastating economic damage caused by the COVID-19 pandemic. Figures from the Office for National […]
The headquarters of BioNTech in Mainz, Germany. Thomas Lohnes/Getty Images When BioNTech made its stock market debut on Nasdaq last October, the German biotechnology company was valued at just under $3.4 billion. Just over a year later, BioNTech BNTX, +4.30% is now worth around $25 billion and the Mainz, Germany-based company hit the headlines earlier […]
This Monday, Albert Bourla, the chief executive of pharmaceuticals group Pfizer PFE, sold some of his shares in the company and pocketed some $5.6 million in the process. As it happens, it was also the day when the U.S. group and its German partner BioNTech BNTX announced that their experimental coronavirus vaccine had achieved 90%-plus […]
(Limestone County Sheriff’s Office) An Alabama teenager currently facing capital murder charges for alleging murdering five of his relatives last year, has shown “no remorse”, according to recently released court documents. Mason Wayne Sisk, 15, is charged with fatally shooting his father, stepmother and three younger siblings in Elkmont – a small town in Northern […]
WASHINGTON — In his first remarks on the coronavirus since losing last week’s presidential election, President Trump said that millions of Americans will be vaccinated in the coming weeks, welcome news for a nation reeling from record infection rates and prospects of new lockdowns. “The delivery will be very rapid,” Trump promised. “We’re ready to […]
Guidance on traveling and travel restrictions varies across the United States as the country faces new surges in Covid-19 cases ahead of Thanksgiving travel. The patchwork of restrictions between regions highlights the ability of states to take different approaches while dealing with the coronavirus pandemic. While all of the Northeast and most of the mid-Atlantic […]
Sen. Amy Klobuchar on Thursday praised the Justice Department for leaving open the option of breaking up Google as part of its antitrust lawsuit against the Big Tech firm. “In a serious monopolization action like this one, it’s important that a breakup remedy be on the table,” the senator said. Klobuchar is tipped to be […]
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