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Samsung Biologics Inks $242M Bristol-Myers Squibb CMO Deal for Immunotherapy Medication

Sep 19, 2023 09:17 am UTC| Business Economy

Samsung Biologics revealed on Monday, Sept. 18, that it has closed a contract manufacturing organization deal (CMO) with Bristol-Myers Squibb to produce immunotherapy medications until 2030. The contract is said to be...

Chupa Chups, Chatime Unveil Boba Collaboration with Lolly-Inspired Flavors

Sep 19, 2023 08:18 am UTC| Life Business

Chupa Chups collaborates with Chatime, introducing limited-edition beverages. These unique drinks blend iconic Chupa Chups flavors, Grape and Strawberry Cream, into innovative bubble tea concoctions. Dubbed The Tea...

HSBC Appoints Former JPMorgan Chase Executive Racquel Oden as US Head of Wealth and Personal Banking

Sep 19, 2023 08:11 am UTC| Business Economy

HSBC Bank announced Racquel Oden as its new U.S. head for wealth and personal banking on Monday, Sept. 18. Entrusted with global private banking, retail, and wealth management in the U.S., Odens prior experience includes...

TikTok Dives into Holiday Shopping Fray, Challenges Amazon and Walmart

Sep 19, 2023 07:52 am UTC| Economy Life Business

TikTok is set to challenge retail giants with its new marketplace. From October 27th to November 30th, the platform will launch a Black Friday program, offering consumers steep discounts of up to 50%, all subsidized by...

Samsung, LG Electronics On Guard Over China’s Possible Ban on EV Parts

Sep 19, 2023 07:42 am UTC| Business Economy Technology

Samsung Electronics and LG Electronics are said to be on their toes following reports that China may implement a ban on parts for electric vehicles from foreign companies. This is possible as Beijings trade war with the...

Digital Currency Revolution

New York DFS Updates Crypto Oversight, Ripple, Dogecoin, Litecoin Among Impacted Tokens

Sep 19, 2023 06:41 am UTC| Economy Digital Currency Business Law

In a significant shift, the New York Department of Financial Services (DFS) refines its virtual currency framework, streamlining the approval process while bolstering user protection. As the crypto industry navigates...

Nike, Feng Chen Wang Unveil Innovative Collection, Pushing Sportswear Boundaries

Sep 19, 2023 06:16 am UTC| Economy Sports Life Business

Nike and Feng Chen Wang unveil a game-changing sportswear collection, merging Wangs distinctive overconstructed designs with Nikes innovative tech. The lineup champions inclusivity, sustainability, and personalization,...

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Economy

Japan’s Exports Surge 16.8% in January, Narrowing Trade Deficit Amid Import Decline

Japans exports rose sharply in January, marking a fifth consecutive month of growth and signaling continued resilience in the countrys external sector. According to data released Wednesday by Japans Ministry of Finance,...

Gold and Silver Prices Slide as Strong Dollar Weighs; Investors Eye Key U.S. Data

Gold and silver prices extended their losses on Tuesday as a stronger U.S. dollar pressured precious metals and investors turned cautious ahead of major U.S. economic data releases. Reduced trading activity during Chinas...

IMF Urges Japan to Continue Interest Rate Hikes and Avoid Consumption Tax Cuts

The International Monetary Fund (IMF) has urged Japan to continue raising interest rates and avoid further fiscal stimulus, warning that cutting the consumption tax could weaken the countrys ability to withstand future...

Asian Currencies Slip as Dollar Strengthens Ahead of Key U.S. Economic Data

Most Asian currencies weakened on Tuesday as Lunar New Year holidays across major regional markets led to thin trading volumes, while the U.S. dollar edged higher ahead of crucial economic data releases. With China, Hong...

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...

Politics

Zelenskiy Says Trump Pressuring Ukraine as Donbas Peace Talks Intensify

Ukrainian President Volodymyr Zelenskiy has raised concerns that U.S. President Donald Trump is placing excessive pressure on Ukraine to make concessions in ongoing peace negotiations aimed at ending the nearly four-year...

Medical Groups Sue FTC Over Gender-Affirming Care Investigations Amid Trump Policy Dispute

Two leading U.S. medical organizations have filed lawsuits against the Federal Trade Commission (FTC), alleging the agency launched unconstitutional investigations into their support of gender-affirming care for...

Randy Fine Faces Backlash Over Anti-Muslim Comments as Democrats Demand Accountability

Republican U.S. Representative Randy Fine is facing widespread criticism after making anti-Muslim comments that civil rights advocates and leading Democrats have condemned as Islamophobic and dangerous. The Florida...

U.S. Official Alleges China Conducted Low-Yield Nuclear Test at Lop Nor in 2020

A senior U.S. official has disclosed new allegations that China carried out an underground nuclear test at its Lop Nor test site in June 2020, raising fresh concerns about nuclear compliance and global arms control....

Ukraine-Russia Peace Talks Resume in Geneva as Trump Urges Swift Deal

Ukraine and Russia concluded the first of two days of U.S.-mediated peace talks in Geneva on Tuesday, as U.S. President Donald Trump called on Kyiv to move quickly toward a negotiated settlement to end the four-year war....

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

Stock Market Movers: NVIDIA and Meta Expand AI Partnership as Cadence Surges on Earnings

NVIDIA (NVDA) stock climbed 1.6% after the company announced a multiyear, multigenerational strategic partnership with Meta Platforms (META), which also gained 2%. The expanded agreement focuses on strengthening AI...

Hedge Funds Cut Nvidia, Amazon and Microsoft Stakes as AI Valuation Concerns Rise

Major hedge funds including Tiger Global Management and Adage Capital Partners reduced their exposure to leading AI stocks such as Nvidia, Amazon, and Microsoft in the fourth quarter of 2025, according to newly released...

India AI Impact Summit 2026: Global Tech CEOs Join World Leaders in New Delhi

Top executives from leading global AI companies are gathering in New Delhi this week alongside world leaders for the India AI Impact Summit 2026, as India accelerates efforts to attract artificial intelligence investment...

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...