Money Moves

Pharma shake-up: Surprise change of CEO at GSK, as AstraZeneca announces New York stock market listing – business live | Business

Pharma shake-up: Surprise change of CEO at GSK, as AstraZeneca announces New York stock market listing – business live | Business

UK pharmaceuticals company GSK has announced a change in leadership, with Emma Walmsley stepping down as CEO after nine years. She will be succeeded by Luke Miels, the current chief commercial officer, who has been designated as “CEO Designate” and will officially take on the role on January 1, 2026. This move has caught the

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German identity doesn’t rely on cars – Brussels should face down the mighty automakers | Tania Roettger

German identity doesn’t rely on cars – Brussels should face down the mighty automakers | Tania Roettger

Germany’s automotive industry is facing significant pressure as it navigates a shift towards sustainability amid a backdrop of traditional reliance on combustion engine vehicles. Bavarian Prime Minister Markus Söder recently asserted the importance of cars to Germany’s economy, suggesting that without them, economic collapse could be imminent. However, this perspective resonates with a nostalgia for

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How weight-loss injections are making obesity a wealth issue

How weight-loss injections are making obesity a wealth issue

In recent years, the use of weight-loss medications such as Ozempic, Wegovy, and Mounjaro has gained attention, particularly within the fashion industry. Initially, Ozempic was mainly prescribed for type 2 diabetes, but it began to be used off-label for weight loss among certain groups. Today, various celebrities have openly discussed their use of these medications,

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Isle of Wight festival increases profits despite fall in attendance | Music industry

Isle of Wight festival increases profits despite fall in attendance | Music industry

The Isle of Wight music festival saw an increase in profits last year, attributed in part to performances by Pet Shop Boys and The Prodigy. The festival generated a £2.6 million dividend for its parent company, which is part of Live Nation, a major player in the events industry. Unlike many smaller music festivals that

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Rachel Reeves to guarantee paid work for young people unemployed for 18 months

Rachel Reeves to guarantee paid work for young people unemployed for 18 months

Young individuals aged 16 to 24 who have been unemployed or out of education for 18 months will soon be offered guaranteed paid work placements, according to a forthcoming announcement by Rachel Reeves. Those who choose not to accept this opportunity may see their benefits withdrawn. This initiative will be presented during her speech at

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