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FTSE 100 opens lower as AstraZeneca shares fall further

Shares in drugs giant AstraZeneca have fallen for a second day following a report that its chief executive, Pascal Soriot, is to leave the company.On Thursday, a report on the Calcalist financial news website said Mr Soriot would join Israel-based Teva Pharmaceutical Industries.Shares in AstraZeneca fell nearly 3.5% on …

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Nicky Morgan wants Treasury Committee to widen its scope

Media playback is unsupported on your device Nicky Morgan, the new chair of the influential Treasury Committee, has said she wants the body to extend its scope beyond banks and Brexit.Ms Morgan, a former education secretary, told the BBC she wants to look “at the wider Treasury remit”.She said: …

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Amazon warehouse firm GLP bought for $11.7bn

A firm that rents warehouses to online retailer including Amazon and Alibaba is to be sold for $11.7bn (£9bn).The buyout of Singapore-based Global Logistic Properties (GLP) by a China-led consortium will be one of Asia’s biggest ever private equity deals.GLP manages 55 million square metres of logistics facilities in …

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Liar! Liar!

Most people seem to agree that “fake news” is a big problem online, but what’s the best way to deal with it? Is technology too blunt an instrument to discern truth from lies, satire from propaganda? Are human beings better at flagging up false stories?During the run-up to the …

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‘Smart’ vending machine could sell alcohol and ammunition

A vending machine fitted with biometric security has been developed which could be used to dispense a variety of restricted goods including alcohol, ammunition and cannabis.The “secure” device attached to the machine identifies users by the veins in the fingers and verifies that they have the right to buy …

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