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The Latest Breaking News from CSL

CSL injects $2.3b into US for valuable blood plasma

After Donald Trump threatened pharmaceutical tariffs, CSL says it will invest another $2.3 billion building a new blood plasma facility in the United States.

AAP

Australians are boozing less, getting fewer flu jabs and choosing home brands: five things we learned from AGM season

Companies offer some surprising insights into changing consumer trends at annual shareholder meetings

The Guardian - AU

Deposit return scheme blocked after issue became ‘politicised’, court told

Waste management firm Biffa is suing the Scottish Government for £51.4 million, following the decision to delay the proposed scheme.

Evening Standard

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Government assurances on deposit return ‘foundational’ to investment, says Biffa

The waste management firm is suing the Scottish Government for £51.4 million after the recycling initiative was delayed.

Evening Standard

CSL share price plummets amid shareholder revolt over executive pay plans

US vaccination forecast leads to fall in stock price, while board survives spill in ‘second strike’ over pay concerns at AGM

The Guardian - AU

CSL shares plunge to six-year low as growth stalls

CSL shares have tumbled more than 15 per cent to their lowest level since 2018 after it cut its profit forecast given falling US flu vaccine rates.

AAP

Aussie shares fall as miners, major companies drag

A strong banking sector performance wasn't enough to rescue Australia's share market from a negative session, as miners and two segment leaders tumbled.

AAP

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Australian executives don’t deserve big bonuses. It’s time to end the cult of the CEO

Hardly anyone now believes in the neoliberal myth that giving more money to already highly paid executives leads to better companies

The Guardian - AU

CSL and Optus pay millions to executives despite paying no company tax in Australia

Biotech company argues high pay is required to retain and attract ‘world-class’ talent

The Guardian - AU

Optus among companies earning billions in Australia but paying no income tax

Latest ATO report reveals string of mostly multinational firms continue to be able to pay no or very little income tax, including Netflix, Apple and Microsoft

The Guardian - AU

Australia to cop deeper impact from new US meds tariffs

The US plan to slap new tariffs on pharmaceutical drugs will likely have a chilling effect on Australia's pharmaceutical export sector, a think tank says.

AAP

Aussie pharma giant sees no pain from big Trump tariffs

The Australian government and pharmaceutical exporters are scrambling to determine whether they will be impacted by Donald Trump's latest tariff bombshell.

AAP

Aussie shares follow Wall Street to finish in the green

Anticipation of rate cuts in the Unites States has buoyed Wall Street traders, with the positive outlook flowing onto the Australian share market.

AAP

CSL in $757m deal with pioneering Dutch biotech

CSL is paying to partner with a Dutch company developing an emergency treatment for patients on blood thinners who experience uncontrolled bleeding.

AAP

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AAP

Aussie stocks down as September sell-down continues

Australian shares have begun the week lower, led by banks and energy stocks as gold hovers near record highs.

AAP

Biotech giant to slash 3000 jobs, spin-off vaccine arm

Pharmaceutical giant CSL has announced a major shake-up for its vaccination arm and for jobs as the company aims to cut costs.

The Conversation

Trump has flagged 200% tariffs on Australian pharmaceuticals. What do we produce here, and what’s at risk?

US President Donald Trump’s proposed tariffs on Australia’s pharmaceutical exports to the United States has raised alarm among industry and government leaders.

The Guardian - AU

Labor offers $1bn in loans to Australian export companies and seeks to loosen US trade ties after Trump tariffs

Federal government unveils protective measures to help export-focused companies tap alternative markets

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International Business Times

US Pharma Lobby Targets Australia's AU$18B PBS, Urges Trump To Impose Punitive Tariffs

On March 11, a formal complaint was submitted to US Trade Representative Jamieson Greer, urging the Trump administration to take strong action against Australia's "damaging pricing policies."

AAP

Drop in immunisation rates hits vaccine-maker's revenue

Sales of CSL's flu vaccines were down by double digits in the first half amid a fall in immunisation rates since the COVID-19 pandemic.

The Guardian - UK

Eight years, three league titles and lots of money: how Oscar made a success of China stay

The Brazilian, in contrast to many other footballers, embraced living in China with his family and will be sorely missed

Barchart

3 Pharma Stocks to Buy as California Sounds the Alarm on Bird Flu Cases

The bird flu crisis is creating investment opportunities in the pharmaceutical sector, with Sanofi, GSK, and CSL Limited emerging as top picks.

The Guardian - AU

Moderna’s mRNA vaccines to be exempt from advisory committee scrutiny under $2bn Morrison-era deal

Exclusive: Critics say exemption ‘deeply concerning’ and risks creating separate assessment systems

The National (Scotland)

Caledonian Sleeper staff to start wearing body cams after 'increase in abuse'

CALEDONIAN Sleeper staff are set to wear body cameras amid concerns over an “increase in verbal abuse” ...

FourFourTwo

Footballers who played in China

A look at some of the most high-profile foreign footballers who have had spells in the Chinese Super League...

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