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Negotiations over US-UK tech deal stall
Posted onNegotiations over a technology deal between the UK and US have stalled due to stumbling blocks in wider trade negotiations between the two sides. The Technology Prosperity Deal – which was billed as “historic” when it was unveiled during US President Donald Trump’s state visit in September – saw both countries pledge to co-operate in…
Trump unveils deals to lower US weight-loss drug prices
Posted onDanielle KayeBusiness reporter Reuters Zepbound, Eli Lilly’s weight-loss drug, and Wegovy, made by Novo Nordisk US President Donald Trump has announced deals that aim to lower the cost of popular weight-loss drugs, as pharmaceutical prices take centre stage in his administration’s messaging around affordability. Speaking alongside drug executives at the White House, Trump unveiled agreements…
Police consider corporate manslaughter charges in Post Office scandal
Posted onPolice officers investigating the Post Office Horizon IT scandal are now considering corporate manslaughter charges. In an update, shared with victims in the past few days, the National Police Chiefs’ Council (NPCC) said the investigation is looking at offences of perjury and perverting the course of justice, along with corporate manslaughter – which affects companies,…
US and China agree framework of trade deal ahead of Trump-Xi meeting
Posted onThe US and China have agreed the framework of a potential trade deal that will be discussed when their respective leaders meet later this week, the US trade secretary has said. Scott Bessent told the BBC’s US news partner CBS that this included a “final deal” on TikTok’s US operations and a deferral on China’s…
Heineken boss steps down as beer sales slow
Posted onThe boss of one of the world’s largest beer brands, Heineken, is stepping down after six years as the firm battles falling beer sales. Dolf van den Brink said the Dutch brewer, which also makes pub favourites Birra Moretti and Cruzcampo, had been marked by “significant change” in recent years. The firm has been contending…
