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Economic News

Biotech stocks pin bounce back hopes on M&A boost
Biotech stocks pin bounce back hopes on M&A boost By Reuters - 3 hours ago

By Amruta Khandekar and Leroy Leo (Reuters) - Plunging valuations have made biotech companies tempting acquisition targets for cash-rich Big Pharma and a flurry of deals is just...

Britain's healthcare backlogs grow to record levels
Britain's healthcare backlogs grow to record levels By Reuters - Aug 11, 2022

By Andrew MacAskill LONDON (Reuters) - The number of people in England waiting to start routine hospital treatment has risen to the highest level since records began 15 years ago,...

Sterling slumps 0.5% vs euro ahead of UK GDP data
Sterling slumps 0.5% vs euro ahead of UK GDP data By Reuters - Aug 11, 2022 1

By Joice Alves LONDON (Reuters) - Sterling fell against the euro on Thursday a day ahead of gross domestic product (GDP) figures which are expected to show further signs of a...

Confidence drains from UK housing market, RICS says
Confidence drains from UK housing market, RICS says By Reuters - Aug 11, 2022

(Removes extraneous word from headline) LONDON (Reuters) -Expectations for activity in Britain's housing market have dried up quickly thanks to a worsening economic outlook and...

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