The UK government announced a collaboration with the German firm BioNTech on Friday to test potential vaccines for cancer and other diseases, as campaigners warned that any breakthrough must be affordable and accessible. Patients with cancer in England will have… Read More ›
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US Regulators Warn Banks To Be More Careful About Crypto Contagion Risks
Banks should be more cautious about the risks of fraud, legal uncertainty, and misleading disclosures by cryptocurrency firms, according to US regulators on Tuesday, just two months after the collapse of crypto exchange FTX stunned the financial world. The Federal… Read More ›
The Highest-Profile Executive After Musk Is Tesla’s China Boss
According to an internal posting of reporting lines examined by Reuters, Tom Zhu, the CEO of Tesla Inc. in China, has been promoted to assume direct management of the electric carmaker’s U.S. assembly plants as well as its sales operations… Read More ›
Dogecoin Foundation To Create A New Fund Aimed To Help Core Developers
The Dogecoin Foundation has announced a new fund for Dogecoin Core developers in order to further promote the Dogecoin ecosystem in the coming year. The foundation announced on December 31 that it is allocating 5 million Dogecoin, which is approximately… Read More ›
Survey Finds 67% Of TradFi Expect US Economy To Face A Recession In 2023
The American economy could be in for a shock. According to data from a Wall Street Journal poll, financial experts believe the country will experience an economic downturn this year. Over two-thirds of economists at the Federal Reserve’s 23 major… Read More ›
Twitter Is Under Investigation For Data Protection After Putting ‘400 Million’ User Details Up For Sale
A watchdog is looking into Twitter after a hacker claimed to have private information linked to over 400 million accounts. The hacker, known as “Ryushi,” is demanding $200,000 to hand over the data, which is said to include some celebrities’… Read More ›
European Gas Prices Have Returned To Levels Seen Before The Ukraine War
This week saw a decline in European natural gas prices to levels not seen since before Russia’s invasion of Ukraine. In recent weeks, front-month natural gas futures on the Dutch Title Transfer Facility, the standard contract in Europe, fell to… Read More ›
Ship Insurers Will Stop Providing War Insurance For Russia And Ukraine As Of January 1
Following a retreat from the area by reinsurers due to significant losses, ship insurers announced they are discontinuing war risk coverage throughout Russia, Ukraine, and Belarus. After being hit this year by losses associated with the conflict as well as… Read More ›
Taiwan’s TSMC Begins Mass Production Of The Most Cutting-Edge Chips
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), a manufacturer of semiconductors, started mass producing its most cutting-edge chips on Thursday in southern Taiwan and said it would keep increasing its production capacity there. The long-awaited mass production of 3-nanometer chips has… Read More ›
Storms Could Delay Holiday Packages, According To FedEx And UPS, And Airlines May Cancel Thousands Of Flights
Before the Christmas holiday, a powerful winter storm hit large swaths of the United States, bringing with it high winds, bitter cold, and snow. FedEx and United Parcel Service issued warnings that packages might not arrive this week. In advance… Read More ›