logo
AstraZeneca Rises on Report CEO Wants to Move Listing to US

AstraZeneca Rises on Report CEO Wants to Move Listing to US

Bloomberg01-07-2025
AstraZeneca Plc 's shares rose after a report that Chief Executive Officer Pascal Soriot wants to move the British drugmaker's stock listing to the US, in what would be a major blow to the UK's equity markets.
Soriot has also discussed moving AstraZeneca's domicile, the Times said, citing people familiar with the matter it didn't identify. The executive is frustrated with the UK's regulatory regime for drugs and is concerned the country is falling behind the US and China, it said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The most complained-about home maintenance work revealed
The most complained-about home maintenance work revealed

Yahoo

time4 hours ago

  • Yahoo

The most complained-about home maintenance work revealed

British homeowners are facing a deluge of issues with tradespeople, with Citizens Advice revealing more than 700 complaints about shoddy work are lodged every week. The advisory service reported nearly 37,000 grievances concerning home maintenance and improvements over the past year. This figure accounts for 12.6 per cent of all complaints handled by the advisory service, making it the second most significant issue after problems with used vehicles. Alarmingly, 5,230 of these complaints – 14.3 per cent – involved scams or rogue traders. Consumers reported instances where they paid for services that were never delivered, or were subjected to high-pressure sales tactics for unnecessary and overpriced work. The most common issues reported included roofing, roof sealing, and chimney repairs (22.2 per cent), followed by major renovations such as loft conversions and extensions (11.9 per cent). Problems with window frames and doors constituted 10.6 per cent of complaints, while plumbing issues accounted for 7.2 per cent, and fitted kitchens 7.1 per cent. Citizens Advice has assisted consumers grappling with everything from damaged properties and unfinished jobs to faulty products, inflated prices for cheap materials, unexpected extra costs, and being 'ghosted' or ignored by tradespeople they had hired. Citizens Advice consumer expert Jane Parsons said: 'The summer is a peak time in which people look to improve or renovate their homes and gardens, but unfortunately, things don't always go to plan. 'Every year, we hear from thousands of people who are left out of pocket, waiting weeks or months for work to be completed, subjected to poor quality work – or even scammed. 'It's so important consumers know what steps to take when there's an issue. It can make all the difference in getting the problem fixed or getting a refund. And it's also important for people to know how to find tradespeople that can be trusted.' Citizens Advice advises consumers that organisations like local councils and trade associations can provide a list of reputable traders. Those who encounter problems should gather paperwork and receipts, take photos to use as evidence, and make notes about what has happened, including times and dates. Problem should first be raised with the trader who arranged the work, but this could be followed up by complaining to the credit card provider if the job was paid for by card, or by using 'alternative dispute resolution' (ADR) – a way of solving disagreements without going to court. If the trader is not part of an ADR scheme, the Financial Ombudsman Service can accept complaints. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Nvidia, AMD to Pay 15% of China Chip Sale Income to US, FT Says
Nvidia, AMD to Pay 15% of China Chip Sale Income to US, FT Says

Bloomberg

time6 hours ago

  • Bloomberg

Nvidia, AMD to Pay 15% of China Chip Sale Income to US, FT Says

Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from chip sales to China to the US government as part of a deal with the Trump administration to secure export licenses, the Financial Times reported Sunday. The paper cited a US official as saying that Nvidia would share 15% of the revenue from sales of its H20 chip in China and AMD will deliver the same share from MI308 revenues.

Briton tells of ‘heartbreaking' moment he put children into body bags in Gaza
Briton tells of ‘heartbreaking' moment he put children into body bags in Gaza

Yahoo

time16 hours ago

  • Yahoo

Briton tells of ‘heartbreaking' moment he put children into body bags in Gaza

A British paramedic has told of the 'heartbreaking' moment he put two dead children in body bags shortly after arriving in Gaza. Sam Sears, 44, from Kettering, Northamptonshire, said his three weeks with frontline charity UK-Med was a 'conveyor belt of carnage', treating a 'steady stream' of patients with blast, shrapnel, and gunshot wounds. Mr Sears said on arrival he was thrown straight into a mass casualty incident where two children, aged nine and 11, died from blast injuries. He said: 'I was tasked with moving the two deceased children out the way to make space for other casualties coming in. I put the children in body bags and zipped them up. 'In the UK I've had to deal with a number of deceased children, but the difference was I'm never involved with putting them in a body bag. It's normally a very calm, slow situation, allowing parents time to grieve. 'So it was particularly heartbreaking putting a child in a body bag, seeing their face for the last time, then moving them out the way so we could treat more people. 'Part of me felt guilty that there was no dignity for them because the emergency situation meant it was a case of 'they are dead, let's get them out the way to free the beds'. 'But there was simply no alternative because with such a high volume of casualties, we had to focus on people we might be able to save.' Mr Sears, a paramedic with East Midlands Ambulance Service, who has also carried out humanitarian work in other countries, said that Gaza is like the Ukraine conflict or the earthquake in Turkey 'times one thousand'. He told of seeing a boy, aged about eight, who was 'lifeless behind the eyes – just numb' after losing his whole family in an explosion. The paramedic said a 16-year-old boy was left paralysed and needing amputation after suffering blast and shrapnel wounds and that his 18-year-old brother wept when told he would now have to care for him alone. He also told of seeing more pregnant women and newborn babies suffering severe malnutrition because the mothers lacked the nutrients to breastfeed. Mr Sears, who returned to the UK on July 31, added: 'It might sound weird, but I am keen to return to Gaza. What keeps you going is that you really are making a difference and saving lives. 'That first night, another child came in with shrapnel embedded in their stomach and bleeding internally. I was personally convinced they would die, but we got him to surgery within 20 minutes. 'Next day when I saw them they were recovering well and the prognosis was really good. Gaza's the hardest thing I've ever done but moments like that that keep you going. We have saved that child's life.' Some £19 million of funding from the Foreign, Commonwealth & Development Office (FCDO) has enabled UK-Med to treat more than 500,000 patients at the two UK Government emergency field hospitals in Gaza. The conflict in Gaza began when Palestinian militant group Hamas attacked southern Israel on October 7 2023, killing about 1,200 people, mostly civilians. Israel's retaliatory offensive has killed more than 60,000 Palestinians, according to Gaza's health ministry, which does not distinguish between militants and civilians and operates under the Hamas government. Sir Keir Starmer has pledged to recognise a Palestinian state by September unless Israel meets a series of conditions towards ending the conflict in Gaza. The Prime Minister also urged Hamas to disarm, release its remaining Israeli hostages, and accept it will have no part in the future governance of Gaza. On Saturday, the UK announced another £8.5 million for UN aid to Gaza. The money, to be delivered through the UN's Office for the Co-ordination of Humanitarian Affairs (OCHA), is part of a £101 million UK commitment to the Occupied Palestinian Territories this year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store