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AstraZeneca Buys Gracell Biotechnologies for $1.2B

Dec 27, 2023 10:02 am UTC| Business

AstraZeneca revealed on Tuesday, Dec. 26, that it will buy the China-based biopharmaceutical company Gracell Biotechnologies for up to $1.2 billion. The Anglo-Swedish multinational pharma and biotechnology firm is making...

McDonald's China Implements Third Price Increase in Two Years

Dec 27, 2023 10:00 am UTC| Business

McDonalds China recently announced its third price increase within the past two years. The fast-food giant has added an average of 3 percent to menu items, citing escalating operating expenses. Adjusted Pricing and New...

Burger King Introduces $5 Duo Deal to Attract Frugal Consumers in a Direct Challenge to Wendy’s

Dec 27, 2023 09:37 am UTC| Business

Burger King has launched a new $5 Duo Deal promotion to entice price-conscious customers. Beginning December 28 (December 25 for some), this limited-time offer allows customers to choose two sandwiches from a selection for...

Pizza Hut Franchises in California Announce Delivery Drivers Layoffs

Dec 27, 2023 09:34 am UTC| Business

Pizza Hut franchises in California are reportedly laying off some of the delivery drivers. The operators are reducing the number of their workers ahead of the implementation of the new wage increase. The Pizza Hut...

Bristol Myers Squibb Invests $4.1B for Acquisition of RayzeBio to Shore Up Cancer Therapy Portfolio

Dec 27, 2023 08:56 am UTC| Business

Bristol Myers Squibb acquired RayzeBio for a staggering amount of $4.1 billion. The global biopharmaceutical company is investing to bolster its cancer therapy portfolio and business. Terms of the Agreement This...

Apple's Tang Tan to Partner with Jony Ive and Sam Altman on AI Tech Development

Dec 27, 2023 08:54 am UTC| Business Technology

In an exciting collaboration, Apples Tang Tan, the head of iPhone design, will be joining forces with legendary designers Jony Ive and Sam Altman, prominent figures in the field of AI. This partnership sets the stage for...

Amazon Prime Video to Roll Out Advertising Feature on January 29th

Dec 27, 2023 08:47 am UTC| Business

Amazon Prime Video will incorporate advertising into its streaming content starting January 29th. This move comes as the retail giant seeks to enhance its content offerings and sustain its investment in producing...

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Economy

Dollar Holds Firm as Fed Rate Cut Expectations and Global Data Drive Currency Markets

The U.S. dollar held onto recent gains Tuesday as investors looked ahead to key signals from the Federal Reserve that could clarify the timing of anticipated interest rate cuts. Currency markets remained relatively quiet...

U.S. Stock Futures Steady as Investors Await Fed Minutes and Key Economic Data

U.S. stock index futures traded little changed on Monday evening as investors prepared for a week packed with major economic data releases and Federal Reserve commentary that could shape the outlook for interest rates....

Gold and Silver Prices Slip Ahead of Key U.S. Economic Data and Fed Minutes

Gold and silver prices edged lower on Tuesday, extending losses from the previous session as investors turned cautious ahead of major U.S. economic data releases and the Federal Reserves January meeting minutes. Thin...

Asian Markets Cautious Amid Lunar New Year Closures as Oil Prices Rise on U.S.-Iran Talks

Asian financial markets moved cautiously on Tuesday in thin Lunar New Year trading, while oil prices climbed ahead of renewed U.S.-Iran nuclear negotiations in Geneva. Several major regional exchanges, including mainland...

RBA Raises Interest Rates to 3.85% as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) lifted its cash rate by 25 basis points in February, citing persistent inflation and financial conditions that were no longer restrictive enough to curb rising prices. According to the...

Politics

Trump Signals Indirect Role in U.S.-Iran Nuclear Talks as Tensions Rise

U.S. President Donald Trump said he will be indirectly involved in high-stakes nuclear talks between the United States and Iran scheduled for Tuesday in Geneva, expressing cautious optimism that Tehran is ready to...

Trump Signals Indirect Role in U.S.-Iran Nuclear Talks as Tensions Rise

U.S. President Donald Trump said he will be indirectly involved in high-stakes nuclear talks between the United States and Iran scheduled for Tuesday in Geneva, expressing cautious optimism that Tehran is ready to...

Ukraine-Russia Peace Talks in Geneva Focus on Land Disputes and Donetsk Control

Representatives from Ukraine and Russia are set to meet in Geneva on Tuesday and Wednesday for a new round of U.S.-mediated peace talks aimed at ending Europes largest conflict since World War II. The Kremlin has indicated...

Israel Approves West Bank Land Registration Plan, Palestinians Warn of ‘De-Facto Annexation’

Israels cabinet has approved new measures aimed at strengthening its control over the occupied West Bank, including a landmark decision to begin formal land registration in the territory for the first time since 1967. The...

Australia Refuses Repatriation of Citizens Held in Syrian ISIS Camp

Australian Prime Minister Anthony Albanese has confirmed that the government will not repatriate Australians currently detained in a Syrian camp housing families of suspected Islamic State (ISIS) militants. Speaking to ABC...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Ireland’s Data Protection Commission Launches GDPR Investigation Into X’s AI Chatbot Grok

Irelands Data Protection Commission (DPC) has opened a formal investigation into Xs AI chatbot, Grok, over concerns about personal data processing and the generation of harmful sexualised images, including manipulated...

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement

Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro

Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...

OpenAI Hires OpenClaw Creator Peter Steinberger to Advance Next-Generation AI Agents

OpenAI has hired Peter Steinberger, the creator of the open-source artificial intelligence agent OpenClaw, according to CEO Sam Altmans announcement on social media Sunday. The move follows OpenClaws recent surge in...

Vietnam Approves SpaceX Starlink Satellite Internet Service Amid U.S. Trade Talks

Vietnam has officially granted SpaceX permission to deploy its Starlink satellite internet service in the country, marking a significant step in expanding high-speed connectivity across Southeast Asia. According to state...
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