mergers and acquisitions

Like previous student-led boycotts of tobacco companies and banks with operations in South Africa, the global fossil fuel divestment campaign is rumbling into action. With high profile backing from the Guardian newspaper and a student blockade of the university administration at Harvard this week, its supporters want to cripple the world’s oil and gas companies by striking where it hurts — at their finances.

As this month’s centenary of the outbreak of the first world war drew nearer, historians jousted over what the world would have looked like if the bullet Gavrilo Princip aimed at Archduke Franz Ferdinand had missed, or if Britain had not leapt to Belgium’s defence.

John Gapper

We have been presented this week with two visions for the future of innovation in the pharmaceuticals industry. One is encouraging, the other is not.