finance

Pfizer fined record £84.2m over NHS overcharging

Drugs giant Pfizer has been fined a record £84.2m by the UK’s competition regulator after the price charged to the NHS for an anti-epilepsy drug was hiked by up to 2,600%. The Competition and Markets…



Swiss reject quick exit from atomic power

ZURICH (Reuters) – Swiss voted in a referendum on Sunday to reject a speedy exit from the nation’s five nuclear power plants, as concerns over losing energy independence outweighed safety worries raised by the measure’s…


Sanctuary cities risk billions in defiance of Trump

New York. Santa Fe. Chicago. Some of America’s largest cities say they are going to remain so-called sanctuary cities even though they risk being cut off financially by the federal government once Donald Trump takes…




Why Egypt just let its currency crash by 48%

Egypt tried to draw a line under a deep economic crisis Thursday by allowing its currency to float freely. The move saw the Egyptian pound crash 48% against the U.S. dollar, but should mean the…


The EU just saved half a billion bucks

It feels great to get a deal done, eh? Europe and Canada just signed a wide-ranging free trade agreement on Sunday, to make it easier and cheaper to conduct trans-Atlantic trade in goods and services….



Venezuela hikes minimum wage 40% — to $67 a month

Venezuela’s President Nicolas Maduro just increased the nation’s minimum wage by 40%. But that’s still not much in a world where inflation is expected to soar by nearly 500% this year and 1,660% next year,…