GSK has struck a deal worth up to $1.15bn (£950m) to acquire a Massachusetts-based developer of rare cancer therapies, in an attempt to bolster its expanding oncology business. GSK, Britain’s second-biggest drugmaker behind AstraZeneca, said the acquisition of IDRx, based in Plymouth near Boston, would help it target a “major gap in the current standard…
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Bill Ackman’s Pershing Square is offering to take over the rest of Howard Hughes Holdings the investment firm does not own for $85 a share. “While we are pleased with the substantial…
Germany’s far right is in a buoyant mood. On Saturday, while its conference was under way in the eastern city of Riesa, in Saxony, Alternative für Deutschland (AfD) laid out ambitions to close Germany’s borders, resume buying Russian gas and, in effect, dismantle the EU. German media reported that party’s agreed manifesto includes plans to…
An amazing £1,735,000 has been raised by Guardian and Observer readers for our charity appeal in support of victims of war and conflict. More than 15,800 readers donated to the appeal, which closed at midnight on Sunday evening. It was the highest sum raised by the annual appeal since 2016 and the 10th successive year…
Reuters Fashion photographer Oliviero Toscani, known for his shock ad campaigns for Italian clothing brand Benetton, has died aged 82, his family has confirmed. The brand’s former art director revealed least year he had amyloidosis, a rare incurable condition that affects the body’s vital organs and nerves. “It is with great sorrow that we announce…
US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu have spoken by phone – in Biden’s final week in office – as momentum builds towards a Gaza ceasefire and hostage release deal. Israel and Hamas are understood to be making progress but uncertainty remains over key aspects of the potential agreement. The White House…
Over the weekend, eastern parts of Africa were threatened by Tropical Cyclone Dikeledi. What started as a slight tropical disturbance between Indonesia and Australia on 2 January progressed westwards while developing into a depression over the week that followed. The depression strengthened into a moderate tropical storm with heavy downpours and gusty winds exceeding 39mph…
At least 16 civilians in Nigeria’s north-western Zamfara State have been killed in a military air strike, apparently after being mistaken for criminal gangs. Residents told local media the victims were members of local vigilante groups and civilians defending themselves from armed gangs notorious for kidnapping people for ransom. The strikes targeted militant gangs in…
Recruitment companies have warned about declining confidence across Europe and the UK, as political uncertainty adds to concerns about economic growth. The FTSE 250 recruiter PageGroup said on Monday that profits had dropped by nearly a quarter in Germany and 17% in France during the last three months of 2024, compared with the same period…
An 18-year-old Dalit woman from the southern India state of Kerala has accused 64 men of sexually abusing her since she was 13 years old. Police have arrested 28 people in connection with the case so far – the men are in custody and have not made any public statement. The accused, who range between…
