This is set to be the warmest year ever recorded on the planet November 25, 2015 It's very likely that 2015 will be the hottest year ever recorded, according to the World Meteorological Organisation (WMO). In a report released today, the intergovernmental body said the average global surface temperature from January to October this year was around 0.73°C above the 1961-1990 average of 14.0°C, and around 1°C above the pre-industrial period [...]
European banks will start using roboadvisers next year, says Morgan Stanley November 25, 2015 Roboadvisers are on the verge of making a huge entrance into Europe's banking sector, according to Morgan Stanley. In an outlook report by its EMEA analysts, the company said it expects high-street banks across the continent to start adopting the robotic finance experts as soon as next year, as they face intense pressures to cut [...]
Uber introduces a “business profile” option to make expensing work trips easier November 19, 2015 Uber has launched a new “business profiles” option to make sure people don't end up paying for work trips with their own money. It gives every Uber user the option of having an additional profile associated with work, so that all they have to do is select one or the other when calling an Uber. The idea [...]
Global medicine market will hit record value of $1.4 trillion in the next five years November 19, 2015 By 2020, the global medicine market will be worth $1.4 trillion (£900bn), according to new figures from the IMS Institute of Healthcare – a 30 per cent rise from its current value. The increase is expected to come largely from “pharmerging markets” such as China, India and Brazil, as their healthcare systems become increasingly sophisticated. [...]
National Chemistry Week: Studying science at university can land you the most interesting jobs November 19, 2015 When I decided to study chemistry at university, I did not expect that I would be designing what I hope is a perfect frozen Margarita for the Parrot Bay range of frozen pouches. Like most people who enjoy a cocktail, I had not given a moment’s thought to how drinks were developed and manufactured. I [...]
Pfizer and Allergan speed up $150bn mega-merger talks November 19, 2015 Pfizer has hastened discussions with Allergan over a potential acquisition, according to reports. Ireland-base Allergan confirmed at the end of last month it was in talks to join forces with its US rival, but according to a source close to the matter the decision making process has picked up pace. Pfizer is said to be [...]
Valeant’s “female viagra” pill flops with just 227 prescriptions in first month November 18, 2015 After a turbulent few weeks of allegations relating to its pricing and sales techniques, Canadian pharmaceutical giant Valeant has suffered yet another setback. Its new female libido-enhancing drug Addyi, dubbed the “female viagra”, was prescribed just 227 times during its first month on the US market, according to reports. Valeant was not immediately available to comment [...]
Hikma Pharmaceuticals share price rises on improved market prospects in US November 18, 2015 London-listed Hikma Pharmaceuticals received a boost this morning, after the FDA said it no longer had an issue with the company's injectibles manufacturing plant in Portugal. The US regulatory body said it was “closing” a warning letter it sent to the firm in October last year, in which it threatened to block drugs manufactured at [...]
This new graphene discovery could transform computers’ speeds November 17, 2015 British scientists from the University of Exeter have managed to mix graphene and light, paving the way for a new generation of technological devices. Using nothing but pulses of laser light, they managed to trap light within the surface of the supermaterial and move it around in all different directions. It's the first time anything [...]
Female executives make it harder for other women to climb to the top, study shows November 17, 2015 If there are already women in a company's top management team, it makes it more difficult for other women to reach their position, according to new research published in the Strategic Management Journal. By studying the number of women on the boards of S&P 1,500 Companies over a 20 year period, researchers in the US [...]
