News

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

GSK joins forces with Pfizer to form HIV group

The world's two biggest drugs companies, GlaxoSmithKline and the US group Pfizer, are to pool their resources and form a new company in the search for new HIV treatments.

Small Talk: Imaginatik is inspired by big ideas

If there is one thing the Aim market should be doing it is allowing small-cap companies with a good idea to grow and take advantage of all the benefits – not least funding opportunities – that come with having a public listing. And while things are pretty dire for a large number of these groups that sought investors' money in the good times, some are showing that it is not all woe.

Pfizer to pay £50m after deaths of Nigerian children in drug trial experiment

Out of court settlement in the case that inspired 'The Constant Gardener'

Obama battles big pharma

Pfizer's latest mega deal reflects the threats faced by global drugs firms, not least from the new US president, says Alistair Dawber

Pfizer pays $68bn for Wyeth

Pfizer, the world's biggest pharmaceutical company by revenue, yesterday confirmed the worst kept business secret of the last few days by announcing that it is buying fellow US group Wyeth for $68bn (£49bn).

Pfizer and Wyeth in takeover talks to create pharmaceutical giant

Pfizer, the world's largest drugs group, is in talks with its US rival Wyeth about a takeover that, if finalised, would be one of the biggest merger deals ever seen in the pharmaceutical sector.

Thousands more jobs lost as rescue package launched

Almost 3,000 job cuts were announced within hours of the Government unveiling a rescue package aimed at firms hit by the financial crisis.

Market Report: Shire higher on talk of bid by rival Pfizer

Earlier this week, the chief executive of Pfizer – the pharma giant that produced Viagra – said he could countenance a deal with rivals that were "big, small and inbetween".

Book review: Creative thinking begins inside the box

Creativity Unlimited: Thinking Inside the Box for Business Innovation, By Michael Dahlén Wiley (£19.99)

Pill taken before sex would prevent transmission of HIV

Scientists are developing a pill to be taken before sex that would stop transmission of HIV. In the latest development in the battle against the global epidemic which claimed two million lives last year, researchers are investigating whether drugs used to treat the disease might be harnessed to protect against it.

InBev turns hostile in demand to remove Anheuser-Busch board

InBev has turned up the heat in its $46bn (£23bn) takeover bid on Budweiser's owner Anheuser-Busch, calling for the target's entire board to be ousted in its first direct appeal to shareholders.

Market Report: Shire fizzes higher on Pfizer bid speculation

The pharmaceuticals company Shire, a perennial target of takeover talk, was buoyed by renewed bid speculation yesterday. The US drugs giant Pfizer was reported to be considering a £13-per- share offer for its smaller British peer. Investors were excited and Shire's stock soared to an early intra-day high of 1,035p – an increase of 92p, or almost 10 per cent, on Thursday's closing price.

Drug giant Pfizer tries to force medical journal to reveal anonymous sources

A multinational drugs company is trying to force a medical science journal to reveal the confidential statements made by the journal's expert reviewers in a test case that could undermine one of the central tenets of the scientific process.

Anti-smoking drug linked to suicides given NHS approval

The anti-smoking drug Champix should be offered to smokers who want to kick the habit despite fears that it is linked to suicides, according to the Government's health watchdog.

The Investment Column: The sell-off in Speedy Hire has been overdone

Low & Bonar; Phytopharm
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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Seifeddine Rezgui: What motivated a shy student to kill 38 holidaymakers in Tunisia?

Making of a killer

What motivated a shy student to kill 38 holidaymakers in Tunisia?
Ajmer: The ancient Indian metropolis chosen to be a 'smart city' where residents would just be happy to have power and running water

Residents just want water and power in a city chosen to be a ‘smart’ metropolis

The Indian Government has launched an ambitious plan to transform 100 of its crumbling cities
How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map
Lionel, Patti, Burt and The Who rock Glasto

Lionel, Patti, Burt and The Who rock Glasto

This was the year of 24-carat Golden Oldies
Paris Fashion Week

Paris Fashion Week

Thom Browne's scarecrows offer a rare beacon in commercial offerings
A year of the caliphate:

Isis, a year of the caliphate

Who can defeat the so-called 'Islamic State' – and how?
Marks and Spencer: Can a new team of designers put the spark back into the high-street brand?

Marks and Spencer

Can a new team of designers put the spark back into the high-street brand?
'We haven't invaded France': Italy's Prime Minister 'reclaims' Europe's highest peak

'We haven't invaded France'

Italy's Prime Minister 'reclaims' Europe's highest peak
Isis in Kobani: Why we ignore the worst of the massacres

Why do we ignore the worst of the massacres?

The West’s determination not to offend its Sunni allies helps Isis and puts us all at risk, says Patrick Cockburn
7/7 bombings 10 years on: Four emergency workers who saved lives recall the shocking day that 52 people were killed

Remembering 7/7 ten years on

Four emergency workers recall their memories of that day – and reveal how it's affected them ever since
Humans: Are the scientists developing robots in danger of replicating the hit Channel 4 drama?

They’re here to help

We want robots to do our drudge work, and to look enough like us for comfort. But are the scientists developing artificial intelligence in danger of replicating the TV drama Humans?