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Switzerland’s Roche strikes $3.5bn deal to buy US drugmaker 89bio
Acquisition is first by a Swiss pharma group since the country was hit by steep tariffs
Federal Reserve cuts rates by quarter point and signals more to come
Central bank’s first reduction in borrowing costs this year comes amid growing worries about the labour market
China drops Google antitrust probe during US trade talks
Beijing regulator’s investigation had centred Android operating system’s dominance
FirstFT: Trump and Starmer head for potentially tense talks at Chequers
Also in today’s newsletter, diplomatic doors open to Taliban, and Swiss capital rules hit UBS
Trump tariffs could fund bailout for US farmers, says agriculture secretary
Brooke Rollins says a package to offset rising costs for growers could be announced ‘soon’
The UK’s indefinite gamble in dealing with Trump on tariffs
You can make a reasonable case for Starmer’s transatlantic trade pact but it’s subject to continual risk
Whitepapers / Articles
A View from the Bridge - May 2024
The Bank of England were not expected to move policy rates at today’s meeting so the focus for markets was on the updated quarterly forecasts for growth and inflation along with the accompanying minutes of the two-day policy meeting.
PegasusCapital - 24/05/2024