Western drugmakers are continuing to export life-saving medicines to Russia, citing a moral obligation to patients. But as public outrage over Vladimir Putin’s invasion of Ukraine grows the industry is scaling back its presence in the country and warning sanctions will cause logistical problems that threaten to result in a shortage of drugs. Pharma is…
Read more
Thinking of retiring? Aren’t we all — a survey out this week suggested that more than 20 per cent of those of us in work are thinking about it. And of course an awful lot of us have already given in to the giving up urge. Numbers out from the Office for National Statistics suggest…
Read more
Call it the everything strategy. The UK is working up a new energy plan, prompted by Russia’s invasion of Ukraine and soaring oil and gas prices, that seems likely to include just about everything. That’s no bad thing. Discussions of energy and the net zero transition are fraught, even among believers: try mediating between the…
Read more
Cloud computing services are such an effective money spinner for Amazon they sustain multiple expensive experiments elsewhere in the business. Amazon’s AWS unit contributed more than $18.5bn in operating profit last year. Yet at Google the same business lost over $3bn. Plans to raise prices will not close that gap. From October, Google intends to…
Read more
During the COVID-19 pandemic, many women have had to put their careers on hold to look after children who are remote learning, to care for elderly or ill loved ones or to relocate to be closer to family. They’ve left their positions temporarily or permanently as they juggle priorities. Since February 2020, more than 1…
Read more
Stakeholders are advocating improvements in the New York State Department of Health’s data practices after an audit released Tuesday found that it understated the number of COVID-related nursing home deaths by at least 4,100 and did not make effective use of data to address nursing-home outbreaks. State Comptroller Thomas DiNapoli, whose office conducted the audit,…
Read more
This article is an on-site version of our #techFT newsletter and is usually available only with a Premium subscription. Are you currently a Standard subscriber? Click here to switch your subscription to Premium. Not yet a subscriber? You can take out a Premium subscription here The British government introduced legislation on Thursday designed to “make…
Read more
Modern warfare, like most walks of life, is drowning in data. Krissy Holst, a former counter-intelligence analyst at the CIA, says Russia’s invasion of Ukraine is “probably going to be the most documented war we’ve seen”. The deluge of real-time information online, including from social networks and messaging apps, could yield important intelligence — not…
Read more
A decade ago, the Obama White House tried to force American companies to collaborate on cyber defence. It did not go well: the US Chamber of Commerce and other big business groups blocked a cyber security bill, complaining it smacked of excessive government intrusion. “People said [it] was un-American,” a former Washington official says. The…
Read more
Nearly three dozen companies worldwide will soon start making generic versions of Pfizer’s coronavirus pill, the U.N.-backed Medicines Patent Pool that negotiated the deal said Thursday. The Medicines Patent Pool said in a statement that agreements signed with 35 companies should help make Pfizer’s antiviral nirmatrelvir, or Paxlovoid, available to more than half of the…
Read more