BT Group Board on Alert for Takeover Approaches
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BT Group Plc’s board asked its bankers Goldman Sachs Group Inc. to update its takeover defense strategy, Sky News reported on Saturday, citing people familiar with the matter.
The request comes after BT’s share price fell more than 35% in the last six months, and there has been speculation about interest in the company’s Openreach Unit. BT’s board may also ask U.K. investment bank Robey Warshaw to assist in the strategy, Sky reported.
The British telecommunications giant has not received a formal approach from a potential buyer, according to the report, but the people familiar said a number of private equity groups are considering the possibility of making a joint bid.
BT declined to comment to Sky.
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Peru economy: COVID-19 puts millions of people out of work
Analysts say it is the worst recession in more than a century.
Peru’s economy has shrunk by more than 30 percent as a result of the COVID-19 pandemic.
Nearly seven million people have lost their jobs.
The government is trying to enforce measures to control the virus, but people are breaking the rules as they desperately try to make ends meet.
Al Jazeera’s Mariana Sanchez reports from Lima.
Grand Jury Probe Linked to Ghislaine Maxwell Disclosed by U.S.
U.S. prosecutors in the criminal case against Ghislaine Maxwell asked a judge to keep some documents secret to protect an ongoing grand jury investigation involving her.
“The grand jury investigation is active and ongoing,” and resulted in charges filed in July, the prosecutors said in a letter to U.S. District Judge Alison Nathan Friday. They didn’t provide any details of the investigation, but offered to provide them for the judge to review privately.
Maxwell is a former friend of Jeffrey Epstein, who killed himself last year in a Manhattan jail cell while facing charges he trafficked underage girls for sex. Maxwell is charged with helping Epstein sexually abuse girls.
Read More: Ghislaine Maxwell’s Sworn Testimony Comes Back to Haunt Her
Novartis’ Late-stage Study On Advanced Skin Cancer Fails To Meet Primary Endpoint
Novartis (NVS) said that that a late-stage study, which evaluated the investigational immunotherapy spartalizumab in combination with Tafinlar and Mekinist, did not meet its primary endpoint for patients with advanced skin cancer.
The Phase III COMBI-i study did not improve progression-free survival in previously untreated patients with BRAF V600 mutation-positive cutaneous melanoma, compared to Tafinlar + Mekinist alone, the company said in a statement.
However, the company said it remains committed to exploring new uses for immunotherapy in cancer treatment, including the ongoing development of spartalizumab, across a range of tumor types.
Novartis noted that Tafinlar and Mekinist are prescription medicines that can be used in combination to treat people with a type of skin cancer called melanoma.
Tafinlar and Mekinist are also prescription medications that can be used in combination to treat a type of lung cancer called non-small cell lung cancer that has spread to other parts of the body.
Tafinlar and Mekinist are prescription medications that can be used in combination to treat a type of thyroid cancer called anaplastic thyroid cancer.
Novartis warned that Tafinlar, in combination with Mekinist, should not be used to treat people with wild-type BRAF melanoma. Mekinist should not be used to treat people who already have received a BRAF inhibitor for treatment of their melanoma and it did not work or is no longer working.
S Korea fishing: Surge of freshwater threatening Jeju coastline
The island of Jeju is having to adapt to the affects of a changing climate, including the problem of rising sea temperatures.
Unprecedented summer rains in Central China are threatening the livelihoods of fish farmers and fishermen in neighbouring South Korea.
Al Jazeera’s Rob McBride travelled to the island of Jeju in the waters separating the Korean Peninsula from China’s east coast, to learn more about a summer phenomenon that is being made worse by climate change.
UK dementia patients face challenges during lockdown
More than 850,000 people in the UK are living with dementia.
It is well known that feelings of isolation and loneliness have increased during coronavirus lockdowns.
For people suffering from dementia, restrictions have deprived them of social contact and routine stimulation, which can help keep their condition at bay.
And, as Al Jazeera’s Emma Hayward reports from southern England, that has brought new challenges for their carers.
West African Leaders Arrive in Mali to Press for Coup Reversal
West African leaders arrived in Mali Saturday in a bid to convince the military junta to reverse a coup that ousted President Ibrahim Boubacar Keita.
“We arrived in Bamako this afternoon to continue with (our) mediation and peace talks towards resolving Mali’s political crisis and restoring normalcy in this beautiful West African country,” former Nigerian President Goodluck Jonathan, who’s leading the Economic Community of West African States delegation, said in a tweet Saturday.
Ecowas has called for Keita to be reinstated. The delegation’s goal is to make the junta “understand that our sub-region no longer accepts the forceful takeover of power,” Nigerien President Mahamadou Issoufou, the current head of the leadership group, said Thursday after a meeting of regional heads of state.
Keita, 75, dissolved his government andresigned Tuesday under pressure from soldiers who detained him hours after they staged a mutiny at an army barracks on the outskirts of the capital, Bamako. Previous mediation efforts by Ecowas failed to resolve the impasse between Keita’s government and a popular protest movement that had demanded he step down before he was eventually seized by soldiers.
Keita remains in captivity with top members of his cabinet.