China injects $25 billion into banking system during Evergrande crisis

HONG KONG (BLOOMBERG) – China’s central bank boosted its gross injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global markets. The People’s Bank of China (PBOC) pumped 120 billion

Drugs firms Pfizer and Flynn broke law with 2,600% price increase for epilepsy tablets to NHS, UK watchdog finds

Two drugs firms have been accused by the UK’s competition watchdog of illegal pricing and abusing their dominant position to overcharge the NHS for vital anti-epilepsy tablets. The Competition and Markets Authority (CMA) said it had provisionally found that coronavirus

The human cost of the Beirut blast: Lebanon a year on

On 4 August last year, more than 200 people were killed and several thousand others suffered injuries following the port explosion in a country already facing economic and political crises. On the Sky News Daily podcast with Dermot Murnaghan, Tracy

Liam Dann: Road to real recovery begins with early end to QE

OPINION: The economy has taken a big step towards a sustainable recovery with the news that the Reserve Bank will end its bond-buying programme – or what we colloquially call money printing. New Zealand’s first-ever quantitative easing programme will cease