China’s rapid urbanization drive, which has been progressing at an astonishing pace over the past decade, is finally coming to a halt. This development, according to China economist Hao Hong, could further exacerbate the already struggling property sector in the country. Hong points out that the excessive building of housing for the Chinese population has
0 Comments
The Food and Drug Administration (FDA) has expressed grave reservations about an investigational amyotrophic lateral sclerosis (ALS) treatment called debamestrocel — also known as MSC-NTF or NurOwn — developed by BrainStorm Cell Therapeutics. With an advisory committee meeting scheduled for this week, the FDA has deemed the drug’s application as scientifically incomplete and lacking evidence
0 Comments
In a strategic move to stay ahead of its competitors such as Microsoft and Google, e-commerce giant Amazon has announced its plan to invest up to $4 billion in the promising artificial intelligence (AI) firm, Anthropic. By acquiring a minority ownership position in Anthropic, Amazon aims to leverage the potential of generative AI and further
0 Comments
AstraZeneca, a leading pharmaceutical company, has been making notable strides beyond its successful oncology portfolio. Jefferies analyst Peter Welford believes that investors should not overlook the company’s robust pipeline of therapies in the cardio and respiratory space. In fact, Welford recently upgraded the stock from hold to buy and raised the price target on U.S.-listed
0 Comments
Iconic actress Sophia Loren, renowned for her beauty and talent, recently suffered a serious fall at her home in Geneva. The incident resulted in fractures to her hip and femur, necessitating surgery. At 89 years old, the actress proved her resilience by undergoing the procedure and emerging with a positive outcome. Loren’s unfortunate accident coincided
0 Comments
The United Kingdom is bracing itself for the arrival of Storm Agnes, a major storm that is set to hit parts of the country. The Met Office has issued a yellow warning for this impending weather event, highlighting the potential dangers that it poses. From 10am on Wednesday until 7am on Thursday, much of the
0 Comments