Biogen to acquire Reata in a $7b deal and bolster its rare disease treatments.
Reata Pharmaceuticals will be acquired by Biogen for more than $7 billion, enabling it to improve its therapies for rare diseases. The company that is
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Japan to invest $35.9b in India’s semiconductors and resilient supply chains.
In an effort to meet a target of $35.9 billion in Japanese investment in the nation by 2027, officials said on Friday that India and
EU investigates Microsoft on antitrust concerns over bundling of Teams with Office.
In response to worries that Microsoft’s decision to include its Teams messaging and videoconferencing tool with its Office productivity software offers it an unfair advantage
Amazon Bedrock, a multiple generative AI service is set to run out rivals Google and Microsoft.
To compete with Microsoft and Google in a crucial field of artificial intelligence, Amazon.com’s cloud division has attracted thousands of customers to try out its
European banks have a rising risk of bad loans as the global economy struggles with slow growth and high inflation.
On Wednesday, the main banks in Europe, notably Deutsche Bank and Lloyds Banking Group, warned that the possibility of default was rising as the world
75,000 U.K Doctors will embark on the 5th round of strike action in protest against the cost of living crisis.
Since there are few, if any, indicators that their salary dispute with the government will be resolved, tens of thousands of doctors in Britain’s publicly
Global diamond giant De Beers reports the first production from its $2.3b underground mine in South Africa.
The $2.3 billion new underground operations at the Venetia mine in South Africa have begun production; according to global diamond giant De Beers, who released
EU’s master plan to invest $47b in semiconductor production and slash reliance on Asia gets final approval.
The European Union’s master plan to increase semiconductor production received final approval from its member states on Tuesday, paving the way for a mammoth drive
Open AI’s Sam Altman launches Worldcoin protocol to promote World ID and Universal Basic Income.
Sam Altman, the CEO of OpenAI, unveiled the cryptocurrency Worldcoin on Monday. The project’s main product is its World ID, which the business refers to
ECB says Banks will provide weekly liquidity reports given rising interest rates and higher inflation.
The ECB supervision chief announced on Saturday that starting in September; the ECB will want weekly liquidity data from banks in order to conduct more
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