GSK Invests €250 Million to Allow Freeze-Drying of Vaccines
GSK Plc will invest more than €250 million ($272 million) in a Belgian site for vaccines as the country builds on its position as a global health and biotech hub.
Bloomberg Business
There’s a New Way to Prove a $38,200 Watch Is the Real Thing
Luxury houses are now tracking the authenticity and origin of their most-coveted products using crypto’s underlying technology.
Saying N-Word at Work Isn’t Always Fireable Offense, UK Judges Rule
Lloyds Banking Group Plc executives went too far when they fired a manager for using the N-word at an anti-racism training session, London judges ruled, highlighting how banks can overstep when tackling racist language in the workplace.
Gabon Coup Triggers Bond Selloff Sparking Contagion Fears
Gabon’s international bonds sank the most on record and shares of foreign companies with operations in the country tumbled as a military coup spooked investors in its oil sector and its debt linked to conservation projects.
Where Defaults Loom, This Trading Strategy Is Delivering Big Returns
In countries where the threat of default never goes away, there’s a trading strategy that’s delivering big returns.
China Developer Vanke Profit Slides 19% Amid Property Woes
China Vanke Co., the country’s second-largest developer by sales, reported lower profit in the first half, underscoring how even developers with partial state support aren’t immune to an unprecedented housing slump.
Hurricane Idalia Strikes Florida With Powerful Category 3 Winds
Hurricane Idalia came ashore on Florida’s west coast with destructive Category 3 winds, triggering blackouts and unleashing flooding rains and dangerous storm surge.
What to Know About Over-the-Counter Narcan
The two-dose spray will be sold over-the-counter at major pharmacy chains.
South African Rand, Bonds Fall After Record Monthly Budget Gap
The rand dropped, underperforming most emerging-market peers, and yields on South African local-currency bonds rose after data showed the government ran a record budget deficit in July.
Saudi Arabia Expected to Prolong Oil Cut Again, Survey Shows
Saudi Arabia is expected to extend a 1 million-barrel oil supply cut into October, as it seeks to shore up prices against a faltering economic backdrop.