News

US aerospace giant Boeing has unveiled a record $10 billion (£6.1 billion) share buyback and 50 per cent hike in the dividend.

Novartis to shed Horsham jobs

Novartis dealt a fresh blow to the pharmaceutical sector yesterday by unveiling moves to shed around 500 jobs at its Horsham site in West Sussex.

Research firms 'eye Pfizer jobs'

Drugs giant Pfizer is in "detailed" talks with research companies about possibly salvaging jobs threatened by the closure of its leading UK research centre, a report says.

US searches Google for Commerce Secretary

The Obama administration is wooing Eric Schmidt, chairman of Google, as a potential Commerce Secretary, as the President seeks to strike a more business-friendly tone.

Bid to end duplicate drug research

A radical plan to end the "madness" of wasteful and pointless research by rival drug companies was outlined today.

Small Talk: Spin-offs may offer silver lining in sad saga of Pfizer site

The pharmaceutical sector suffered a blow this week when the US drug maker Pfizer announced the closure of its research and development site at Sandwich in Kent, putting around 2,400 jobs at risk.

Margareta Pagano: NB all politicians: Pfizer's closure is an opportunity...

The political capital being made out of Pfizer's decision to close its Sandwich plant, with the loss of 2,400 jobs, is shameful.

Open Sandwich so that biotech angels can save Pfizer's 2,400 jobs

George Freeman, the Tory MP and biotech expert, is calling on the Government to open Pfizer's site in Sandwich to venture capitalists and biotech angels in a bid to save as many of the 2,400 jobs, due to be axed when the plant closes, as it can.

Pfizer research centre closure 'worrying'

Drugs giant Pfizer's decision to close its leading UK research centre is "hugely worrying" for Britain, shadow business secretary John Denham has warned.

2,400 jobs at risk as Pfizer shuts homeof Viagra

The US pharmaceuticals giant Pfizer is to close the UK research and development centre which came up with its successful Viagra impotence drug, hitting thousands of jobs in the South of England.

Drug firm Pfizer to close research plant

US drug maker Pfizer has announced plans to close its major UK research centre in a move affecting up to 2,400 jobs.

Love and Other Drugs, Edward Zwick, 113 mins (15)

Just take one lover after meals...but avoid mixing with other topics

Love and Other Drugs (15) 1/5, The Way Back (12A) 2/5

Smut and suffering: do not mix

Drug company 'investigated legal chief'

The latest cables from whistle-blowing website Wikileaks include allegations against Pfizer. The world's largest pharmaceutical company is said to have hired investigators to dig up corruption allegations against Nigeria's attorney general, as leverage against a proposed legal action.

Pfizer chief executive in shock retirement from 'demanding' job

The chief executive of Pfizer stepped down unexpectedly yesterday, blaming exhaustion from the "extremely demanding" job and relishing the opportunity to "recharge" his batteries.

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