AstraZeneca to List in the US
AstraZeneca announced on Monday its plans to list directly in the United States, aiming to maximize profits from its largest market and investor base. However, the company stated that it will not abandon London.
The decision to continue listing in the UK will provide relief for British investors, following media suggestions that the Anglo-Saxon pharmaceutical company, London’s most valuable firm, was considering leaving its UK listing in favor of the US market.
The London stock market has been shrinking due to companies leaving in search of higher valuations and deeper capital markets access elsewhere, particularly in the US. This has prompted several listing reforms by British regulators.
AstraZeneca announced that it will list its shares on the New York Stock Exchange and abandon its current structure of American Depositary Receipts. The listing in the US is expected to take place on February 2, 2026.
Comcast Appoints New Executive
Comcast announced the appointment of its president, Michael Cavanagh, as co-CEO and board member starting next year.
Cavanagh will share the co-CEO role with Brian Roberts, who will continue as president, according to the media and connectivity giant.
Cavanagh joined the company in 2015 as CFO. Comcast’s stock fell 0.73% in Monday’s trading.
The stock has lost approximately 16% of its value so far this year.
Amazon Invests in Delivery Partners’ Wages
Amazon plans to allocate approximately $1.9 billion to its delivery partner services program, which is expected to raise the average hourly wage for drivers to nearly $23 nationwide, depending on the partner and location.
This latest commitment from Amazon would elevate its total investment in the program over the past seven years to around $16.7 billion, according to the company. Amazon also mentioned that investments over the past two years are expected to increase driver wages by an average of 13%.
Moreover, Amazon claimed to have developed a routing technology that analyzes traffic patterns and road conditions to design safer routes for drivers.
Environmental Controversy in Cozumel
Environmental concerns continue to surround the cancellation of permits for constructing the fourth cruise ship dock in Cozumel.
The decision was marked by an underwater investigation conducted by activists accompanied by Quintana Roo’s Environmental Secretary, Óscar Rébora. The group identified the presence of a reef in the planned area.
For now, the environmental permit has been invalidated; however, the legal process is not yet concluded, and the promoting company still maintains the possibility of defending its initiative in relevant instances.
Rébora’s involvement has been interpreted differently: some view it as a signal of support for ecosystem conservation, while others advise waiting for the legal outcome before drawing conclusions.
Key Questions and Answers
- What is AstraZeneca’s plan regarding its stock listing? AstraZeneca plans to list directly in the US on the New York Stock Exchange, aiming to maximize profits from its largest market and investor base while maintaining its presence in London.
- Who is the new co-CEO of Comcast, and what is his background? Michael Cavanagh, who joined Comcast in 2015 as CFO, has been appointed co-CEO alongside Brian Roberts, who will continue as president.
- How much will Amazon invest in its delivery partner program, and what impact will it have on driver wages? Amazon plans to allocate approximately $1.9 billion to its delivery partner services program, which is expected to raise the average hourly wage for drivers to nearly $23 nationwide.
- What is the environmental controversy in Cozumel regarding cruise ship docks? The cancellation of permits for constructing the fourth cruise ship dock in Cozumel has sparked controversy due to the discovery of a reef in the planned area. The environmental permit has been invalidated, but the legal process is ongoing.