Novartis to buy UK biotech in $1.5bn deal
Cancer-focused company was spun out from Imperial College and the Francis Crick Institute in 2019
Cancer-focused company was spun out from Imperial College and the Francis Crick Institute in 2019
Zelenskyy pleads with allies to provide Patriot interceptors to defend Ukraine
UK airline’s board says it is minded to recommend proposal by US private credit group
Founder to stay in post until group concludes succession planning following boardroom pressure to remove him
Combination will leave US media group Comcast in control of a broadcaster that reaches 21mn households
Atmosphere crackles at fabled football stadium as Thomas Tuchel’s team hang on against Mexican co-hosts
Combination with Element Solutions would boost Solstice’s role as key supplier of chipmaking inputs
The moats hold, for now
Also in this newsletter: Ireland to push faster drug approvals during EU presidency
Plus, Elliott Management’s ‘Tiger Cubs’, a lifeline for private credit and mini golf at Battersea Arts Centre
Unlike the previous crises, this time the Bank carried on selling. It is time for a rethink.
Also in today’s newsletter: The use of AI in financial services and Turkey’s crackdown
Expertly silly ‘Funboys’, saccharine nostalgia from ‘Elle’ and more. Reviews by Rebecca Nicholson
Marc Filippino talks to Tim Bradshaw
The costs of remaining at the frontier of AI are punishing, but the penalties for falling behind may be even worse
Lack of funds and oil and diesel hamper access to food on communist island as some produce is left to rot in fields
Even if he could do all he wants, it would be unlikely to solve the UK’s growth problem
Scheme for UK-based staff comes as firm refocuses on areas such as family offices and financial advisers in US and Asia
First-time tales of romantic obsession and the problem with polyamory — plus sibling relationships, secrets and swagger in Manchester and a winning story of dog-racing
Revelation raises concerns that US commercial pressure could weaken Britain’s efforts to reduce carbon emissions
Institutional investors poured money into funds as retail money fled
Airport expansion key to $1tn foreign investment plan threatens the birthplace of Canada’s gay pride movement
UK start-up Isembard is linking hundreds of small machine shops into a decentralised military manufacturing network
Some of the world’s most exciting vineyards are less than two hours’ drive from Washington DC