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Walgreens to axe 150 stores by summer 2024

July 3, 2023

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The architect of the NHS, Aneurin Bevan, who was Minister for Health in Clement Attlee’s Labour cabinet, was forced reluctantly to reach a compromise, termed ‘the settlement’.

Consultants would be permitted to continue undertaking private work.

judge’s permission to sell its consumer health business for $397 million, which allowed it to begin liquidating its assets while awaiting a final ruling on a $10 billion settlement that would devote the company’s remaining resources to combating the U.S. opioid epidemic.

Following the deal, iNova´s consumer health product portfolio will account for over 80% of its total product sales, with Asia as the largest region in terms of sales, representing around 35% of the company’s revenue, the company said.

June 27 (Reuters) – Australia’s Sonic Healthcare Ltd said on Tuesday it would buy SYNLAB Group’s Swiss laboratory network for 150 million Swiss francs ($167.52 million) to expand its presence in the country.

Euro zone inflation has entered a new phase which could linger for some time, European Central Bank President Christine Lagarde said, outlining a lengthy fight against price growth that must dampen demand and force firms to curb prices.

HONG KONG, June 26 (Reuters) – Singapore-headquartered iNova Pharmaceuticals will buy a portfolio of consumer healthcare brands from Sackler-owned Mundipharma International for an enterprise value of $540 million, an iNova spokesperson said on Monday.

Walgreens CEO Rosalind Brewer – who was given a $24.7 million signing bonus when she took on the job in February 2021 – told investors in a conference call: ‘We have seen changing market trends that have consumers prioritizing value in response to a more uncertain and challenging economic environment.’

Siemens Energy rose 2.3% recovering some losses after Goldman Sachs analysts kept a “buy” rating on the stock and said the massive sell-off following the disclosure of problems at its wind turbine division was overblown.

It marked a stark fall from grace for the retailer which was once worth more than $17 billion. Last week the business was snapped up for $21.5 million at auction – though its physical stores will still shutter. 

A spokesman for Walgreens said: ‘As we move forward on our strategy to expand Walgreens role as a leader in the delivery of local healthcare, we’re focused on creating the right network of stores in the right locations to best meet the needs of the communities we serve.   

As shadow health secretary during the early 1990s, I could not have conceived of such a crisis. But then, I could never have imagined the NHS would be in such a shocking mess, as layer upon layer of healthcare professionals (with the laudable exception of those in primary and community care) take action that will inevitably damage the people they are supposed to serve.

June 27 (Reuters) – European shares rose on Tuesday supported by financials and luxury stocks as investors bet on further policy stimulus from China, while hawkish comments from European Central Bank President Christine Lagarde limited gains.

The blueprint warns that staffing shortages within the health service could more than triple over the next 15 years – from 112,000 to 360,000 – as a result of a growing and ageing population, coupled with new treatments. 

The transaction will give iNova, which markets and sells a wide range of over-the-counter drugs and consumer healthcare products, greater exposure in Asia, especially in Japan and Indonesia, the person added.

“What you’ve seen is those gains from early this morning peter out and particularly after Christine Lagarde spoke, because she again has reinforced this view that inflation is still staying far too high,” said Susannah Streeter, head of money and markets at Hargreaves Lansdown.

Mrs Castle believed, situs slot online as I do, that senior doctors should never forget that their life-saving expertise is the result, not only of their own hard work, but of the priceless training they received through the NHS.

The financial sector was the biggest boost to the benchmark index due to gains in China-exposed firms such as HSBC and insurer Prudential Plc, while luxury giants such as LVMH and Richemont which also have exposure to China, gained between 0.6% and 1.2%.

“Markets are expecting either the data to improve from China or stimulus to increase from the government. But that good stimulus news is priced in and any sort of good news that I would need to see to send markets significantly higher in China would be some kind of positive domestic growth story,” said Giles Coghlan, chief market analyst at HYCM.

The comments brought some relief to investors concerned in recent days by smaller-than-expected rate cuts from China, political instability in Russia after a failed mutiny as well as a potentially protracted global interest rate hiking cycle.

GP training places in England for junior doctors will also increase by 50 per cent to 6,000, the NHS’s workforce plan has pledged. Training for pharmacists will also rise by almost 50 per cent to around 5,000 places for 2031/32. Meanwhile, training for clinical psychology and child and adolescent psychotherapy will also be expanded, with places rising by more than a quarter to 1,300 by 2031