The Financial Times leads on pharmaceuticals giant AstraZeneca drawing up plans to separate the Chinese arm of its global business and list it on the Hong Kong stock exchange – as a way of sheltering the company against mounting geopolitical tensions. The paper observes the moves shows the “significant restructuring” companies could be forced to undertake as they adapt to growing China–US friction. A person briefed on the plans explains to the paper it could insulate the firm from any moves by China to crackdown on foreign companies, by making it more plausibly a Chinese business.
The front page pictures America’s Antony Blinken visiting China as the US seeks to rebuild relations between the two countries.
The number of confirmed victims from one of the worst migrant shipwrecks in the Mediterranean rose to 81 Monday after three more bodies were found off southern Greece, as more survivors claimed that the battered trawler had been under tow by another vessel just before it sank with hundreds of people aboard.
Viewers flocked to social media to heap praise on Chris’s new show.
Like this article?
WTX News Editor
The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.