This latest FT-Statista ranking of fast-growing European companies illustrates the changing fortunes of some sectors since the Covid pandemic took hold, in 2020. The companies that made the final cut were sufficiently resilient — and, in some cases, lucky — to survive a collapse in demand caused by coronavirus restrictions, trade frictions due to Brexit,…
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Zoom’s outstanding success in the pandemic was clearly a one-off. The rush in demand for remote work tools took the San Jose-based company from a March 2020 enterprise value of $30bn to a peak of $158bn and a winning global brand. Its second act will be more understated. Plans to buy call centre software maker…
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OneWeb’s largest shareholder has warned that the satellite company cannot guarantee it will be able to manufacture in the UK, despite the British government’s ambitions to use its stake in the business to spur a domestic space industry. Sunil Bharti Mittal, chair of Bharti Enterprises, which owns about 40 per cent of OneWeb after a…
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One in seven women who are diagnosed with breast cancer after a mammogram with no previous symptoms are overdiagnosed and likely overtreated, according to a new estimate from researchers at Duke University. The new estimate published in the Annals of Internal Medicine on Monday provides doctors and their patients a closer estimate of how likely…
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The nursing home industry’s struggles during the COVID-19 pandemic are about to receive presidential attention. On Tuesday, President Joe Biden will use his State of the Union address to announce a crackdown on conditions at nursing homes that lead to poorer outcomes for patients, including inadequate staffing, senior administrative officials told reporters Monday. The Biden…
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The Health and Human Services Department has received nearly 300 complaints of healthcare entities allegedly blocking access to patient data since new regulations that required such information exchange went into effect last year, according to data released Monday. Beginning in April 2021, the first phase of a data-sharing rule from HHS’ Office of the National…
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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 Big Tech is being dragged into the information war between…
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Omicron is fading away, and so are Americans’ worries about COVID-19. As coronavirus pandemic case numbers, hospitalizations and deaths continue to plummet, fewer people now than in January say they are concerned that they will be infected after the rise and fall of the wildly contagious virus variant, according to a new poll from The…
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Western governments are pushing for social media companies to remove Russian state-backed media from their platforms, as Big Tech is dragged into the information war that has raged following President Vladimir Putin’s decision to invade Ukraine. Meta-owned Facebook and Google’s YouTube are among those facing calls from the EU to remove content from Russia Today,…
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GlaxoSmithKline expects to spin off its consumer healthcare joint venture Haleon in July, as the UK drugmaker presses on with plans for the largest demerger in Europe in the past 20 years. Haleon — which will be the largest London listing for a decade — forecasts “moderate sustainable expansion” of adjusted operating margin in the…
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