EU aims to create ‘single market for medicines’ with overhaul of pharma rules

EU aims to create ‘single market for medicines’ with overhaul of pharma rules

In its first review of pharmaceutical law in 20 years, the EU will reduce drug prices and improve availability by encouraging companies to launch new drugs across blocks or face increased competition from counterfeit manufacturers. We want to increase The European Commission is moving ahead with plans to reduce the number of years of market…

Standard Chartered earnings improve as rising rates and China reopening boost lender

Standard Chartered earnings improve as rising rates and China reopening boost lender

Standard Chartered reports better-than-expected first quarter results as rising global interest rates and China’s reopening after years of coronavirus-related lockdown boost emerging market lenders Did. Pre-tax profit rose 21% to $1.8 billion in the first three months of the year, beating analysts’ expectations of $1.4 billion, the London-based bank said Wednesday. Revenues of $4.4 billion…

China’s ‘wolf warrior’ envoy threatens Xi Jinping’s plan to woo EU

China’s ‘wolf warrior’ envoy threatens Xi Jinping’s plan to woo EU

China’s ambassador, who questioned the sovereignty of the former Soviet Union, undermined Beijing’s position at a pivotal moment in its relationship with the EU. Beijing immediately tried to deny Lu Shaye’s comments, claiming that it had recognized the sovereignty of the post-Soviet state, but the uproar this week coincided with the launch of the EU’s…

3 ways to rethink old age and retirement, MIT expert says

3 ways to rethink old age and retirement, MIT expert says

Alistair Berg | Digital Vision | Getty Images Below is an excerpt from Twitter’s weekly audio show, “This week, your wallet,” produced by CNBC’s Personal Finance team.listen to the latest here. Americans are living longer and the nature of retirement planning is changing. The classic retirement framework aims to ensure that seniors have sufficient funds…

CFTC commissioner hopes to find path forward in Binance lawsuit

CFTC commissioner hopes to find path forward in Binance lawsuit

Officials with the Commodity Futures Trading Commission said Tuesday they hope to find a “way forward” in the legal battle between the regulator and crypto exchange Binance, and have yet to decide whether to settle or take it to court. It was pointed out that the CFTC Commissioner Kristin N. Johnson said regulators are in…

Only 10 carmakers will survive global EV battle, says Tesla rival Xpeng

Only 10 carmakers will survive global EV battle, says Tesla rival Xpeng

The global auto industry will shrink to just 10 companies in the next decade as fierce competition in China’s electric car market spills over onto the global stage, said Elon Musk’s Tesla rival, the Chinese. Brian Gu, vice chairman of Guangzhou-based Xpeng, said that for the Chinese company to be one of the last automakers,…

Pittsburgh Synagogue Shooter Will Begin Jury Selection On Monday

Pittsburgh Synagogue Shooter Will Begin Jury Selection On Monday

The federal death sentence prosecution of a truck driver charged with killing 11 Jewish worshipers at a Pittsburgh synagogue in the bloodiest antisemitic attack in American history will begin jury selection on Monday. In connection with the attack on the Tree of Life synagogue on October 27, 2018, which occurred there as members of three…

Morgan Stanley (MS) earnings 1Q 2023

Morgan Stanley (MS) earnings 1Q 2023

Morgan Stanley CEO James Gorman participates in a conversational interview with the Economic Club of Washington, Washington, Sept. 18, 2013. Yuri Gripus | Reuters Morgan Stanley Better-than-expected trading results on Wednesday beat estimates for first-quarter profit and earnings. Here’s how the company did it: Earnings per share of $1.70, Refinitiv’s estimate of $1.62 Revenue of…

UK inflation is just not going down as cost of living crisis offers ‘no respite’

UK inflation is just not going down as cost of living crisis offers ‘no respite’

LONDON – MARCH 31, 2023: Pedestrians take shelter from the rain and pass fruit and vegetables for sale at a street market in east London. Food and non-alcoholic beverage prices rose 19.2% in the year to March 2023, the steepest annual increase in more than 45 years, according to new data released on Wednesday, April…