Sunday Newspaper Roundup: Breast Cancer, Food Shortages, AGI

The trial of a new drug to treat an aggressive form of breast cancer has “shattered expectations” with hopes of a “cure”, according to its manufacturer, AstraZeneca. The British pharmaceutical company said that three-quarters of the women participating in the trial of its new drug, Enhertu, had shown no progression of their disease after 12 months, compared with only one-third treated with a different drug. – Sunday hours

Business Secretary Kwasi Kwarteng will hold an emergency summit tomorrow with energy bosses to work out a plan to address the fuel crisis, which has raised fears of food shortages. There is growing concern that the food industry could be hit hard by the closure of two fertilizer factories – in Teesside and Cheshire – due to rising gas prices. – Sunday Financial Mail

The Managing Director of the owner of British Airways AGI has denied City’s widespread speculation that it plans to raise billions of euros from shareholders to help the company weather the protracted Covid crisis. After seeing easyJet bring in investors for £ 1.2bn in a rights issue earlier this month, attention had turned to IAG with hopes that it should follow suit to consolidate its finances. – Sunday opening hours

Prudential is to raise £ 2 billion on the Hong Kong Stock Exchange in a move that cements the attention of insurance giant FTSE 100 away from its UK base. The 173-year-old insurer intends to use most of the proceeds to repay its debt and give it “financial flexibility given the scale of investment opportunities for growth in Asia and Africa”. Eventually, he hopes to earn a place in the Hang Seng Index of Hong Kong’s largest companies. – Sunday opening hours

A cabinet minister refused to rule out removing the energy price caps but stressed that there was “no immediate concern” regarding the energy supply. Cop26 summit cabinet minister Alok Sharma said people should be “confident” about energy supplies over the next few months despite soaring wholesale gas prices and warnings about shortages of resulting products. – Sunday opening hours

The majority of the British small energy suppliers could collapse this winter, according to the Guardian, as the government’s crisis talks focus on protecting households rather than bailing out struggling businesses. Business Secretary Kwasi Kwarteng was due to meet with industry regulator on Sunday to discuss options for intervening in the energy market after a recent spate of supplier bankruptcies due to a record rise in global fuel prices. gas and electricity. – Guardian

Adzuna, the job search engine used by the government for live labor market data, plans a stock exchange listing that will value the company up to £ 100million. Launched ten years ago in Clapham, south London, by Andrew Hunter and Doug Monro, the site brings together online job listings in a searchable form. – Sunday telegraph

COP26 President Alok Sharma could not confirm China would even send a delegation to the rally in November – although he insisted he was “very, very optimistic” that they would. China’s deal, as the world’s largest emitter of greenhouse gases, is seen as crucial for negotiations to succeed in slowing global warming. – Scottish

The grocer Morrisons is to start selling to pubs, restaurants and hotels with the aim of rapidly expanding its wholesale business. Supermarket chain FTSE 250, which is also the UK’s second-largest producer of fresh produce, has reportedly signed a deal with Starstock, an online portal that allows businesses to order directly from suppliers. The idea is that restaurateurs, hoteliers and pub groups can stock their kitchens with products from Morrisons. – Sunday opening hours

The majority of the British small energy suppliers could collapse this winter, according to the Guardian, as the government’s crisis talks focus on protecting households rather than bailing out struggling businesses. Business Secretary Kwasi Kwarteng was due to meet with industry regulator on Sunday to discuss options for intervening in the energy market after a recent spate of supplier bankruptcies due to a record rise in global fuel prices. gas and electricity. – Guardian

Rolls Royce is developing a nuclear reactor that he hopes will be able to power mining operations on the Moon and even Mars, The Mail on Sunday can reveal. Dave Gordon, head of the company’s defense division, said he was studying how a micro-nuclear reactor could be used to propel rockets into space at tremendous speeds. He revealed that Rolls-Royce is investigating whether this technology could then be redeployed to provide power for drilling, processing and storage for what’s known as “moon mining.” – Sunday Financial Mail

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