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After contract cancelled...

Valneva says its Covid jab better than AstraZeneca’s

Valneva Covid vaccine
Firm has just completed a trial French firm Valneva says its Covid-19 vaccine gives stronger immunity than the one produced by AstraZeneca. The company’s claims, based on a large-scale trial publishedRead More

Summit setback

Xi unlikely to attend COP26 as pessimism grows

China
China’s role in the talks is in jeopardy President Xi of China is not expected to attend the COP26 summit in Glasgow as concerns grow that the event will fallRead More

Best Buy deal

US firm swoops on Scots tech star Current Health

Chris McCann and Stewart Whiting
Chris McCann with colleague Stewart Whiting Scottish medical technology company Current Health has been acquired by a listed US business for what is described as a ‘substantial’ sum. Best Buy,Read More

Stability issue

Crypto requires ‘urgent’ regulation says Bank chief

Bank of England
The Bank of England will monitor the currency (pic: Terry Murden) A senior Bank of England official has called for rapid regulation of the cryptocurrency market. Deputy governor for financialRead More

Kiosk plan

Scots eyecare firm IbisVision rolls out tech to India

IbisVision
Eyecare tech is expanding Scottish optical technology firm IbisVision is rolling out its remote eye testing platform across India. The Glasgow-based company has signed an agreement in the world’s secondRead More

Shares fell

Facebook blames outage on ‘configuration fault’

Facebook
Billions of users were denied their daily fix of Facebook Facebook blamed a “faulty configuration change” for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion usersRead More

Bank crackdown

Bitcoin falls as China declares crypto deals ‘illegal’

Bitcoin
The price of Bitcoin and other cryptocurrencies fell The People’s Bank of China has declared all cryptocurrency payments illegal, delivering an unexpected dose of uncertainty into the money markets. TheRead More

Phillip Morris swoops

Marlboro cigarette giant seals deal for inhaler firm

Marlboro-Luc-Van-Loon
Phillip Morris manufactures top brands (pic: Luc Van Loon) Marlboro cigarette maker Philip Morris International (PMI) has completed its controversial £1.1 billion takeover of the UK inhaler firm Vectura. PMIRead More

Marketing move

Intuit acquires Mailchimp in $12bn cash and shares deal

Intuit-Mailchimp
Small business accounting firm Intuit, whose product suite includes payment management system Quickbooks, is acquiring the email marketing company Mailchimp in a cash-and-shares deal worth about $12 billion. California-based IntuitRead More

Tax settlement

Cairn shareholders poised for $700m India payout

Cairn-Energy-India
A long-running dispute in India is close to settlement Cairn Energy, the Edinburgh-based oil and gas explorer, said it expects near term resolution to the India tax issue that will enableRead More