AstraZeneca wins approval for major heart attack drug Brilinta in the US September 4, 2015 AstraZeneca has won approval for the sale of a potential blockbuster drug in the US. Brilinta, which thins the blood of former heart attack victims, won approval from the Food and Drug Administration last night, and is expected to be made available in pharmacies from the end of September. Read more: AstraZeneca sells drug [...]
Fuelling online hypochondria, luxury Onhub Router and Project Sunroof: New projects Google’s been working on September 4, 2015 Google's has been fuelling everyone’s hypochondria for years – but now its new health information feature, launched today, will send those with a tendency to panic about every little twinge into overdrive. What’s the first thing you do when you think you’ve fallen ill? After reaching for Lemsip or painkillers, many go online, searching for [...]
Record breaking 2014 for Dyson as Asian consumers go crazy for cordless September 4, 2015 They say nature abhors a vacuum – but consumers don't, it turns out, after Dyson unveiled a 13 per cent jump in profits. The figures Turover rose to £1.4bn in 2014, with profits rising 13 per cent – or 21 per cent if you strip out the effect of the strong pound. Investment in research and development rose 40 [...]
Burrito boom: How Mexican restaurants Chipotle, Chilangos, Tortilla, Benito’s Hat and Poncho 8 have taken over London September 4, 2015 Fast food has become fashionable in London and the burrito has become one of the trendiest meals in town. The biggest Mexican food chains Chilangos, Benito's Hat, Tortilla, Poncho 8 and Chipotle account for 47 outlets in the capital when in 2007 only Chilangos existed. Read more: Four charts showing the rise of the posh burger [...]
Bwin.party share price rises as GVC beats 888 with £1.1bn offer September 4, 2015 Bwin.party has finally been won over by GVC, signing a £1.1bn merger deal with its online gaming rival. The two companies came to the agreement after months of deliberations. GVC first expressed interest in buying Bwin in May. The news sent shares in Bwin rising 1.8 per cent to £1.17 when markets opened. [...]
Ebay 20th anniversary: Online auction giant celebrates 20 years of buying and selling September 4, 2015 Auction site eBay yesterday marked its 20th birthday – and it has come a long way since computer programmer Pierre Omidyar began the business, listing a broken laser pointer pen as his first item for sale. Amazingly, as he found a buyer, Omidyar knew he was on to a winner. The US-based company [...]
Tesla driving towards mass market for 2017 as Elon Musk announces Model 3 September 4, 2015 Tesla boss Elon Musk announced on Twitter that the company’s third car offering would be the mass-marketable Model 3, which he hoped would go into production in 2017. He tweeted on Wednesday night: “Model 3, our smaller and lower cost sedan will start production in about 2 years. Fully operational Gigafactory needed.” And, in a [...]
B&G makes giant acquisition in American frozen foods industry September 4, 2015 B&G FOODS is about to make a giant investment. The American snack food company said yesterday that it would buy General Mills’s Green Giant frozen foods business, as well as its Le Sueur canned vegetable brand, for about $765m (£501m), in order to broaden its distribution network and expand into the frozen foods market. Growth in [...]
Magic circle firms struggle to keep up with US rivals September 4, 2015 BRITAIN’s elite law firms failed to track the country’s improving economy and reported a combined turnover of £20.64bn, a one per cent drop in earnings from 2014. Figures released by Legal Business magazine today show that the number of lawyers employed by the largest 100 firms in the UK, has also fallen, down two per [...]
Nissan to invest £100m in Sunderland car plant September 3, 2015 The UK’s biggest car plant is to receive a further £100m investment, after Nissan said it plans to build its next generation Juke model in the UK. The investment is a will secure “valuable jobs for thousands of working people in the area”, chancellor George Osborne said in Sunderland. "Our ambitious plan to build the [...]