Rolling coverage of the latest economic and financial news
- EU leaders agree to partial embargo of Russian oil imports
- Shanghai starts to dismantle fences as Covid lockdown due to end
- Online fashion retailer Missguided calls in administrators
- Home Office cancels Border Force contract with P&O Ferries after mass sackings
Japan’s factories stumbled in April, in a sign that China’s lockdowns and general supply chain problems hit maufacturers.
Factory output across Japan dropped by 1.3% in April, driven by weaker production of items such as electronic parts and production machinery.
“The proposed acquisition further strengthens our vaccines R&D pipeline, provides access to a new, potentially disruptive technology, and broadens GSK’s existing scientific footprint in the Boston area.”