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The price of debt has soared on hopes of a favourable deal

Up to $24bn take-private deal casts doubt over future of UK pharmacy

Profit margins undercut by lower reimbursements for prescription drugs, overstretched customers and a rash of thefts

A push into healthcare could well revive plans to sell the UK drugstore business

US-listed pharmacy group’s problems have been exacerbated by its struggle to move into healthcare

Bacharach and David’s 1964 song was widely covered — including an extraordinary version by Isaac Hayes

Death and snackses

Nick Thorpe’s travelogue paints a rich and colourful portrait of the mountain landscapes of south-east Europe

The US banking system is burdened by a convoluted regulatory architecture that leads to inefficiencies and arbitrage