-
Exclusive: Lilly chief attacks UK drug pricing — warns new medicines could bypass Britain
CEO David Ricks says Britain is “probably the worst country in Europe” for prices and urges ministers to raise prices and scrap contentious rebates or risk losing access to breakthrough treatments. Eli Lilly’s chief executive David Ricks has delivered his…
-
Crypto Hoarders Turn to Buybacks as the ‘Treasury’ Craze Unravels
Struggling token buyers repurchase their own shares to prop up valuations, signaling fatigue in 2025’s digital‑asset treasury boom The hot trade of 2025—rebranding sleepy small caps and niche industrials as “digital‑asset treasuries”—is running into a wall. After months of raising…
-
Inside YZi Labs: CZ’s $10bn Bet Eyes Outside Capital
Exclusive: Binance co-founder Changpeng Zhao is weighing opening his family office to external investors as YZi Labs expands from crypto into biotech and AI YZi Labs, the $10 billion investment vehicle tied to Binance co‑founder Changpeng “CZ” Zhao, is considering…
-
Prosecutors Push to Split Google’s Ad Empire
In a pivotal remedies trial, the U.S. asks a federal judge to order a spin‑off of Google’s ad tech businesses—testing the limits of modern antitrust ALEXANDRIA, Va. — The U.S. Justice Department and a coalition of states have asked a…
-
Nvidia’s $100 Billion Bet on OpenAI Redraws the AI Infrastructure Map
A landmark plan to finance and build 10GW of AI compute—roughly the output of 10 nuclear reactors—signals a new phase in the race to power frontier models Nvidia and OpenAI have sketched the contours of what could be the defining…
-
The Return of the ‘Names’: How Private Capital Is Reclaiming Lloyd’s
Three centuries after wealthy patrons first staked their fortunes on maritime risk, a new generation of private investors is rediscovering Lloyd’s of London’s oldest idea. LONDON — For more than three hundred years, Lloyd’s of London has been the market…
-
Cevian to UBS: Swiss Capital Plans Make a Zurich Headquarters ‘Not Viable’
Why an activist investor says Switzerland’s tougher rules could push the country’s last universal bank to move — and what it would mean for finance, politics and UBS’s strategy. Cevian Capital has escalated pressure on UBS, warning that Switzerland’s newly…
-
Split Screens in Monetary Policy: Fed Cuts as BoE and BoJ Hold
In a pivotal September week, Washington eases for the first time this year while Threadneedle Street and Tokyo sit tight, weighing inflation risks against weakening growth The world’s three most-watched central banks delivered a study in contrasts this week. The…
-
China Bars Big Tech from Buying Nvidia’s AI Chips
Beijing’s sweeping ban goes beyond earlier H20 guidance as it bets on homegrown silicon to power its AI ambitions Lede — China’s top internet regulator has instructed some of the country’s largest technology companies to halt purchases and testing of…
-
Tokyo’s Moment: Can the World’s Cash-Rich Capital Finally Become a Global Finance Hub?
With trillions at stake, Japan is streamlining rules and selling its stability—yet the race comes down to whether fund managers and compliance talent will actually move. For the first time in a generation, Tokyo has a realistic shot at reclaiming…
The Tower Post 