Auto

Official: Bugatti Chiron replacement to swap W16 engine for V16

Bugatti’s next hypercar will use a mammoth V16 engine, the company has confirmed.  Announcing that the new hypercar will be revealed in full in June, Bugatti has revealed that it will swap from the W16 engine used by the Chiron and its Veyron predecessor to an all-new unit of a different shape. It will be the

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Business

Govt hikes windfall tax on petroleum crude

The government hiked its windfall tax on petroleum crude to Rs 4,600 a metric ton from Rs 3,300 with effect from March 1, according to a government order released on Thursday. India also cut the windfall tax on diesel to zero from Rs 1.50 per litre effective March 1, the order showed. The tax on

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Cryptocurrency

Best Buy (BBY) earnings Q4 2024

Best Buy surpassed Wall Street’s revenue and earnings expectations for the holiday quarter on Thursday, even as the company navigated through a period of tepid consumer electronics demand. But as the retailer warned of another year of softer sales, it said it would lay off workers and cut other costs across the business. CEO Corie

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Medicine

PharmaKure Announces Collaboration with Sheffield Hallam University

PharmaKure, a clinical stage pharmaceutical company developing precision medicines for Alzheimer’s Disease (AD) and other neurodegenerative diseases, have announced a new epigenetics collaboration with Sheffield Hallam University. This partnership will focus on ‘gene-based environmental biomarkers’, known as epigenetic markers, for calculating risk scores for Alzheimer’s diseases. Together with ALZmetrix, PharmaKure’s blood-based biomarker, this will increase the power of

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Auto

BMW 5 Series Review (2024)

The BMW 5 Series range opens with the electrified 520i, which runs the latest version of BMW’s turbocharged 2.0-litre four-pot mild-hybrid petrol engine, paired with an eight-speed Steptronic Sport transmission.  Power stands at 205bhp and 228lb ft of torque, it completes 0-62mph in 7.5sec – matching the Mercedes-Benz E-Class, it’s biggest rival – and it has

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Business

Jharkhand train accident: Two dead, many injured as MEMU train hits them in Jamtara; very unpleasant incident, says DRM – The Economic Times Video

At least two passengers have died and some were injured after being hit by a train near Kaljariya railway crossing in Jharkhand’s Jamtara-Karmatand area on Wednesday, Jamtara Deputy Commissioner Shashi Bhushan Mehra said. “I would like to express my grief, it is a very unpleasant incident, where two innocent civilians, have died”, Chetna Nand Singh,

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Medicine

Amneal Pharmaceuticals Enter Agreement with Zambon Biotech

Amneal Pharmaceuticals, Inc. have announced that it has entered into an exclusive licensing agreement with Zambon Biotech SA, part of the Zambon group, for IPX203 in the European Union, United Kingdom, and Switzerland. IPX203 is a novel, oral formulation of carbidopa/levodopa (CD/LD) extended-release capsules for the treatment of Parkinson’s disease (PD) that is under review

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Tours Travel

California libraries may lose free passes to state parks

As California faces a staggering budget deficit, library card holders may soon lose the ability to check out free passes to more than 200 state parks, including popular destinations near Los Angeles. Gov. Gavin Newsom’s proposed budget for the upcoming year does not include funding for what’s known as the California State Library Parks Pass,

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Arts Entertainments

Anant Ambani and Radhika Merchant’s pre-wedding celebrations start with ‘Anna Seva’ in Gujarat’s Jamnagar – India TV

Image Source : INDIA TV Reliance Industries chairman Mukesh Ambani along with family members serves food to villagers during ‘Anna Seva’ as part of son Anant’s pre-wedding festivities in Gujarat’s Jamnagar. Reliance Industries chairman Mukesh Ambani along with family members on Wednesday participated in Anna Seva and served food to the villagers of Jogvad near Gujarat’s

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Cryptocurrency

Novavax (NVAX) earnings report Q4 2023

Shares of Novavax fell more than 20% on Wednesday after the vaccine maker reported fourth-quarter revenue and earnings that missed Wall Street’s estimates and said it expects full-year 2024 sales to come in flat or lower than last year. Still, Novavax narrowed its losses in the quarter from the same period a year ago, even

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Medicine

Amgen Open Biomanufacturing Facility in Ohio

Amgen have announced the opening of its manufacturing site in Central Ohio, the newest in its global operations network and the most advanced facility to date. “Our new facility, known as Amgen Ohio, was designed with the latest innovation and technology to deliver safe, reliable medicines for ‘every patient, every time,’” said Robert A. Bradway, chairman and chief executive

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Technology

Hycu uses AI to develop APIs for SaaS application backup

It’s just a year since backup product maker Hycu announced R-Cloud, and already it can protect 64 software-as-a-service (SaaS) applications. Now, it plans to integrate many more, with AI capable of generating its own connectors from a small amount of information about the SaaS application. “From the start of R-Cloud, we’ve had R-Graph visualisation that can

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Auto

Tata confirms Somerset site as location for UK battery factory

Europe’s largest EV battery factory will be located in Bridgewater, Somerset, owner Tata Group has today confirmed, with construction to begin imminently ahead of battery production starting in 2026. The £4 billion facility, backed by £500m of government funding, will be located at the 620-acre Gravity Smart Campus, the site of a former Royal Ordnance

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Cryptocurrency

Macy’s (M) Q4 2023 earnings

The Macy’s logo is seen at its store in Herald Square in New York City on Jan. 19, 2024. Michael M. Santiago | Getty Images Macy’s on Tuesday said sales fell nearly 2% in the holiday quarter, as the 166-year-old department store operator unveiled its strategy to get back to growth.  Here’s what Macy’s reported

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Finance

MC13: Talks on new issues yield five outcomes

Abu Dhabi: Amid pressure on developing countries to yield to the demands of richer nations to accept new issues such as environment, labour and gender to make the United Arab emirates -chaired World Trade Orgnaisation MC13 a success, New Delhi Tuesday said that already at least five such outcomes were in place such as new

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Legal Law

OpenAI accuses NYT of hacking ChatGPT to set up copyright suit

OpenAI is now boldly claiming that The New York Times “paid someone to hack OpenAI’s products” like ChatGPT to “set up” a lawsuit against the leading AI maker. In a court filing Monday, OpenAI alleged that “100 examples in which some version of OpenAI’s GPT-4 model supposedly generated several paragraphs of Times content as outputs

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Medicine

Telix Acquire IsoTherapeutics – European Pharmaceutical Manufacturer

Telix has entered into an agreement to acquire IsoTherapeutics Group, LLC (IsoTherapeutics), a specialty radiopharmaceutical development and bioconjugation firm, based in Angleton, Texas. Founded in 2005, IsoTherapeutics is a privately held, commercial-stage company, which provides radiochemistry and bioconjugation development and contract manufacturing services to many companies in the radiopharmaceutical industry, including Telix. In line with

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Sports

Shreyas Iyer And Washington Sundar To Play In Ranji Trophy Semi-finals

Indian batsman Shreyas Iyer has been included in Mumbai’s Ranji Trophy squad after the KKR skipper made himself available for selection for Mumbai’s upcoming Ranji Trophy semi-final against Tami Nadu. The semi-final is set to commence this Saturday at the Mumbai Cricket Association ground of the Bandra Kurla Complex in Mumbai. Shreyas Iyer | Pic:

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Technology

Government should face legal deadlines on paying Post Office victims

The government may have to reopen previously agreed financial settlements with subpostmasters and should face legally binding deadlines on making payments to victims of the Post Office scandal, MPs have been told. During a mammoth five-hour business and trade select committee hearing, MPs heard that the complexity and unfairness of schemes for the financial redress

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Auto

Exclusive: hardcore new Aston Martin V12 supercar spotted

Long added: “The focus on performance as a pillar of the brand is critical. Historically, we’ve been a performance brand as well as a luxury brand, and we’re moving back to that.”  Crucial to Aston Martin’s desire to cement its status as a maker of top-drawer sports cars as well as more luxury cars will

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Cryptocurrency

Lowe’s (LOW) Q4 2023 earnings

Lowe’s on Tuesday beat Wall Street’s quarterly earnings and revenue estimates, even as the company continued to see customers tackle fewer home projects. The home improvement chain was going up against lower expectations for its fourth quarter. It had cut its full-year forecast in November, after CEO Marvin Ellison said the company had felt a

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Finance

India to conduct another household survey before changing CPI: Officials

NEW DELHI – India will conduct another survey of household consumption as well as of items and brands at retailers to obtain a comprehensive picture of domestic spending before revising the consumer price index (CPI), two government officials said. Over the weekend, the government released initial findings of the 2022/23 household consumption expenditure survey, the

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Gaming

‘Songs of Travel’ Is a New Interactive Graphic Novel for Mobile From Causa Creations About Migrants Finding Their Place in the World – TouchArcade

Causa Creations just announced Songs of Travel, an interactive graphic novel, for iOS and Android release this year. Songs of Travel features the story of five migrants finding their place in the world. Each has their own tale covering identity, home, hopes, dreams, and more. Usually, a game announcement like this would be for Switch

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Medicine

Asahi Kasei to Offer Pharmaceutical Excipient Ceolus

To contribute to reducing the risk of potentially carcinogenic nitrosamine impurities in pharmaceuticals and nutritional supplements, Asahi Kasei now offers Ceolus microcrystalline cellulose (MCC) with nitrite levels of 0.1 μg/g (ppm) or less. In 2018, a potentially carcinogenic nitrosamine impurity was detected in several pharmaceuticals. Since then, public awareness of the potential health hazards of nitrosamine

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Technology

Post Office scandal roundup: Fourth Estate in full throttle

The Post Office scandal has become markedly political, and while Computer Weekly continues to investigate, the journalistic resources of the mainstream media have also gone full throttle.  It’s no longer just Computer Weekly, Private Eye and freelancer Nick Wallis making important discoveries, but the full might of the Fourth Estate. That means rather than a

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Auto

Hybrids shine as electric car sales slump

Close 4 mins read 27 February 2024 The lumpy progress on the journey to electric cars is favouring hybrids as a transition technology, particularly when chasing private buyers. Ford, for example, has become a recent advocate of petrol-electric drivetrains as it works out how it’s going to match the likes of Tesla and the Chinese

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Business

Renault wins Car of the Year, unveils new EV at Geneva auto show

Renault unveiled a new electric vehicle on Monday and its Scenic model won the Car of the Year award at the first Geneva auto show since 2019, giving a boost to the French automaker’s electrification plans. Renault is the only European automaker with a presence at this year’s industry gala as giants Volkswagen and Stellantis,

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Cryptocurrency

Unity (U) Q4 2023 earnings report

Pavlo Gonchar | Lightrocket | Getty Images Unity Software shares plummeted 17% in extended trading on Monday after the gaming software company issued weaker-than-expected guidance for the current quarter. Here’s how the company did: Earnings per share: Loss of 66 cents. The results may not be comparable to the 46 cent loss predicted by analysts

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Finance

cross-border remittances: WTO backs India’s pitch to cut remittance cost

India’s proposal to lower the cost of cross-border remittances has found support from many World Trade Organization members including the European Union, officials said. Except for the US, most countries have favoured a work programme at the WTO for cheaper, faster and more accessible cross-border payments including remittances. Separately, Indonesia has backed New Delhi’s proposal

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Medicine

SGD Pharma Awarded 2024 Gold EcoVadis Rating

SGD Pharma has achieved a gold medal in EcoVadis’ 2024 sustainability ratings. Building upon previous years, SGD Pharma’s score of 77 puts the business in the 98th percentile for manufacturers of glass and glass products. EcoVadis, the world’s most trusted provider of sustainability ratings, assesses more than 125,000 companies across four main areas: Environment, Labor and

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Real Estate

41.16% of Lancaster households are 3-bedroom homes. Is that enough?  – The Lancaster Property Blog

41.16% of Lancaster households are 3–bedroom homes. Is that enough?  As a local estate and letting agent in Lancaster, it’s essential to analyse property trends, particularly focusing on bedroom distribution in different tenures. This detailed examination helps homeowners and landlords in making well-informed decisions, categorizing properties based on ownership and bedroom count. Looking at different

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Technology

Storage and backup spend in 2024 targets risk and resilience

Storage and backup investment plans for 2024 show a significant bias towards averting risk and building resilience. At the same time, storage spending plans lean towards the cloud, but with very robust on-premise storage spending plans also present. Those are the findings of the Technology spending intentions survey from TechTarget and ESG, which questioned 1,432

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Auto

Facelifted Mercedes EQS gets traditional grille and uprated battery

Mercedes-Benz will offer a traditional grille on its EQS electric limousine as part of a wider overhaul designed to reverse a sales slump for the flagship EV. The Mercedes EQS will be offered with either a newly designed conventional grille with the three-pointed star mounted on the bonnet or with the current, sleeker-looking grille with the star emblazoned

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Business

NTPC crosses 100 MT coal production mark from captive mines

State-owned NTPC on Monday said it has crossed 100 million tonne (MT) coal production mark from its captive mines. The milestone was achieved on February 25, 2024, NTPC said in a statement. “Coal mining subsidiary NTPC Mining Ltd (NML) has produced 100.04 MMT (Million Metric Tonne) of coal since coal production started in its first

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Cryptocurrency

Berkshire Hathaway (BRK.A) earnings Q4 2023

Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, NE. David A. Grogan | CNBC Berkshire Hathaway on Saturday reported a big rise in operating earnings in the fourth quarter, thanks to huge gains in its insurance business, while its cash pile expanded to record levels. The Omaha-based conglomerate posted operating earnings

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Finance

India considers export tax on low-grade iron ore, sources say

India is considering an export tax on low-grade iron ore after small steel producers urged the government to curb its overseas sales, two sources directly involved in the matter said. China typically accounts for more than 90% of overall shipments of iron ore from India, which is the world’s fourth largest producer of the steel-making

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Gaming

The ‘SaGa Emerald Beyond’ Original Soundtrack Composed by Kenji Ito Releases on May 1st, a Week After the Game Launches on Mobile and Mobile – TouchArcade

Square Enix just announced that the SaGa Emerald Beyond Original Soundtrack will release on May 1st. I don’t usually cover game soundtracks as news, but there are a few instances where I make an exception. SaGa music and music from Kenji Ito in general are worth highlighting. The announcement confirms that the release in Japan

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Legal Law

Reddit admits more moderator protests could hurt its business

Reddit filed to go public on Thursday (PDF), revealing various details of the social media company’s inner workings. Among the revelations, Reddit acknowledged the threat of future user protests and the value of third-party Reddit apps. On July 1, Reddit enacted API rule changes—including new, expensive pricing —that resulted in many third-party Reddit apps closing. Disturbed

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Medicine

Aptamer and Neuro-Bio Enter Second Phase of Alzheimer’s Test Development

Aptamer Group plc announces the second phase of its on-going partnership with Neuro-Bio, an Oxfordshire-based biotechnology company with a therapeutic focus on neurodegenerative disease, to develop Optimer binders for a lateral flow test for the early diagnosis of Alzheimer’s disease. This latest phase involves development of an additional Optimer binder against the innovative Neuro-Bio target implicated

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Auto

Electric Fiat Panda previewed as one of five shock new concepts

Confirming that it has a larger footprint than the current car, Fiat refers to the City Car concept as “a sort of ‘Mega-Panda’”, but it is still expected to be among the smaller full-sized cars available in Europe.  The new Panda is expected to morph into an ultra-compact crossover, like the Citroën to which it is

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Finance

spending: Poorest Indians see spending grow at a faster clip

India’s poorest households and those at the bottom of socio-economic standing have seen their per-capita spending grow faster than better-off households in the last decade, although on a lower base, the Household Consumption Expenditure Survey (HCES) 2022-23 showed. The HCES also showed discretionary items now account for a larger share of household spending than in

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Medicine

Grifols Announces Clinical Trial Results

Grifols has announced that Biotest’s positive topline results from AdFIrst, its phase 3 clinical trial of its fibrinogen concentrate (FC), BT524, advance this potential treatment for acquired fibrinogen deficiency (AFD), an underserved growth market. The FC from Biotest, a Grifols Group company, met the primary endpoint. It is as effective as standard of care in reducing intraoperative blood

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Auto

How to fine-tune a Porsche 911 GT3 RS on the fly

Porsche’s chassis controls can make life easier for inveterate track-day nerds We take advantage of the GT3 RS’s chassis adjustability, offering a world of configuration – is it worth the hassle? It’s at 160mph on Hangar Straight that my internal monologue pipes up for the first time since leaving the pits. Who the hell do

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Legal Law

Avast ordered to stop selling browsing data from its browsing privacy apps

Getty Images Avast, a name known for its security research and antivirus apps, has long offered Chrome extensions, mobile apps, and other tools aimed at increasing privacy. Avast’s apps would “block annoying tracking cookies that collect data on your browsing activities,” and prevent web services from “tracking your online activity.” Deep in its privacy policy,

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Medicine

Ipsen’s Onivyde Approved by FDA

Ipsen have announced that the U.S. FDA has approved the supplemental new drug application for Onivyde (irinotecan liposome injection) plus oxaliplatin, fluorouracil and leucovorin (NALIRIFOX) as a first-line treatment in adults living with metastatic pancreatic adenocarcinoma (mPDAC). This is the second approval for an Onivyde regimen in mPDAC, following the FDA’s approval in 2015 of Onivyde plus fluorouracil

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Auto

How Chinese engineering will affect the European car industry

I’ve got a new Chinese-brand stereo amplifier at home. There’s probably company in which one wouldn’t admit that, but I did have a (very old) British-brand amp before, talking to a couple of (very old) British-brand speakers. Then the amp gave out terminally and I wanted a replacement cheap and now, so I went to

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Finance

household spending: Rural-urban household spending gap narrows

The gap between urban and rural household consumption has narrowed, and Indian household spending on non-food items has risen, showed the results of Household Consumption Expenditure Survey (HCES) 2022-23 released on Saturday. Household spending increased 2.6 times in rural areas and 2.5 times in urban areas since the last survey, conducted in 2011-12. In 2022-23,

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Medicine

PhaSER Biomedical Awarded $2.3m Gates Foundation Grant

PhaSER Biomedical (PhaSER) has received a grant totalling $2.3m to continue its pioneering work in accelerating drug discovery and development from the Bill & Melinda Gates Foundation. PhaSER will provide 8HUM transgenic mouse models, humanised for key pathways involved in the metabolism and disposition of drugs, to all the foundation grantees. These models recapitulate the

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Auto

Leaked: Early look at new Renault 5 before Monday debut

The 5 is being developed to be the most fun small electric car to drive, according to Renault boss Luca de Meo and his fellow company executives. “The Renault 5 is the car that everybody wants. It’s a legend that inspired all generations, and everyone is looking forward to it,” de Meo said at a recent event.

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Business

indraprastha: Indraprastha University launches Ph.D in sports injury

New Delhi: The Guru Gobind Singh Indraprastha University has launched a Ph.D programme in sports injury, the admission process for which is currently ongoing, an official statement said on Saturday. The doctorate programme is accepting online applications for the academic session 2024- 25. The programme will be offered at the Sports Injury Centre of Vardhman

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Cryptocurrency

Warner Bros. Discovery (WBD) earnings Q4 2023

The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began its strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, on May 2, 2023. Alyssa Pointer | Reuters Warner Bros. Discovery missed analyst targets for both profit and revenue in the fourth quarter as

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Medicine

MIP Discovery Closes £7m Series A Financing

MIP Discovery has closed a £7m Series A financing round led by Mercia Ventures. Existing investor Calculus Capital also participated in the round, along with Angel investors.  The investment marks a pivotal change for MIP Discovery as the Bedfordshire-based company refocuses its mission on improving the downstream processing of cell and gene therapies to accelerate widespread adoption

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Auto

​Mercedes-Benz to continue combustion car sales “well into 2030s”

Mercedes-Benz will continue to sell combustion-engined cars “well into the 2030s” as it adjusts to changing demand for its electric vehicles, the company’s CEO has said. Mercedes announced in 2021 that it planned to become all-electric “wherever market conditions allow” by 2030.  “Artificially trying to hit the number by pushing product into the market doesn’t make sense,”

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Cryptocurrency

Block (SQ) earnings Q4 2023

Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Block stock closed up 16% Friday, a day after the payments company reported fourth-quarter earnings that beat analysts’ estimates on

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Tours Travel

Sunday Funday with Jay Shetty and Radhi Devlukia

If there was an award for the most wellness-focused couple in Los Angeles, Jay Shetty and Radhi Devlukia would take the cake. In Sunday Funday, L.A. people give us a play-by-play of their ideal Sunday around town. Find ideas and inspiration on where to go, what to eat and how to enjoy life on the

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Auto

New Ineos Fusilier revealed as EV 4×4 with range-extender option

Ratcliffe continued: “BEVs are perfect for certain uses – shorter trips and urban deliveries – but industry and governments need to have realistic expectations around other technologies that can help accelerate the necessary pace of change. That is the reason we are offering an additional powertrain for the Fusilier, one that dramatically reduces emissions but has the

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Business

Toyota Kirloskar Motor recalls 269 units of Land Cruiser 300

Toyota Kirloskar Motor is recalling 269 units of its sports utility vehicle Toyota Land Cruiser 300 to reprogramme the automatic transmission ECU software. The company is recalling the model manufactured between February 12, 2021 and February 1, 2023, the automaker said in a statement. The recall, involving 269 units, aims to reprogram the automatic transmission

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Cryptocurrency

German central bank losses soar, wiping out risk provisions

Joachim Nagel, president of Deutsche Bundesbank, during the central bank’s “Annual Report 2023” news conference in Frankfurt, Germany, on Friday, Feb. 23, 2024.  Bloomberg | Bloomberg | Getty Images Losses incurred by the German central bank rocketed into the tens of billions in 2023 due to higher interest rates, requiring it to draw on the

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Gaming

Premium Mobile RPG ‘Ex Astris’ From ‘Arknights’ Developer Gets New Gameplay Showcase Ahead of Next Week’s Release Date – TouchArcade

Arknights developer Hypergryph’s premium RPG Ex Astris () recently had its release date confirmed, and we finally have an extended gameplay showcase. Ex Astris will release worldwide as a premium RPG next week, and the new gameplay showcase goes over the blend of real-time and turn-based combat, exploration, and showcases many environments. I really hope

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Legal Law

ISPs keep giving false broadband coverage data to the FCC, groups say

Getty Images | Andrey Denisyuk Internet service providers are still providing false coverage information to the Federal Communications Commission, and the FCC process for challenging errors isn’t good enough to handle all the false claims, the agency was told by several groups this week. The latest complaints focus on fixed wireless providers that offer home

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Medicine

BioAscent Invests in New Protein Production Facility

BioAscent has opened its state-of-the-art protein production facility in an event officiated by Professor Michael Barrett OBE. The new facility marks the latest key investment the company has made, further strengthening its in-house drug discovery capabilities with the ability to deliver protein production in house, thereby implementing the most informative screening cascades for its customers.

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Sports

A Guide On When And How To Book Tata IPL 2024 Tickets Online

IPL 2024 Tickets: A Guide on When and How to Book Tata IPL 2024 Tickets Online: The Board of Control for Cricket in India (BCCI) on Thursday, February 22 announced the schedule for the Tata IPL 2024. The 17th edition of the Indian Premier League will kickstart with defending champions Chennai Super Kings (CSK) locking

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Technology

Stannah looks to enterprise cloud software to lift IT systems

Stairlift and lift manufacturer Stannah Group said it has made a “significant investment” in a cloud-based enterprise software roll-out to modernise its IT systems and prepare for the company’s future growth. Stannah is one of the UK’s leading engineering companies, and remains an independent, family-owned and run business that has sold over 700,000 stairlifts worldwide.

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Auto

Kimera Evo38 is spiritual successor to legendary Lancia 037

The Kimera Evo38 has been revealed as a vision of “what would have been” if the legendary, WRC-winning Lancia 037 had continued being developed beyond 1992, rather than retired. It’s an evolution of the Italian firm’s debut model, the Evo37, with the most notable modification being the addition of a driven front axle to make

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Business

More savers ditch bank deposits to flirt with equity

Mumbai: Indian banks’ biggest collective strength – exclusive access to low-cost current and savings account (CASA) deposits – can no longer be taken for granted with the average urban saver increasingly tilting in favour of higher-yielding Dalal Street instruments, such as mutual fund plans and direct stock ownership. And the already visible struggle for deposits

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Cryptocurrency

European Central Bank posts first annual loss in decades

Rain falls over the finance district and the European Central Bank (ECB) in Frankfurt, Germany. Thomas Lohnes | Getty Images News | Getty Images The European Central Bank on Thursday reported its first annual loss since 2004, following hefty payouts because of higher interest rates. It reported losses of 1.3 billion euros ($1.4 billion), which would

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Medicine

5 Tips to Reduce Costs in Process Cooling Systems

Refrigeration accounts for a high proportion of overall site energy costs, most notably cooling for pharmaceutical processes where up to 90% of energy costs can be accounted for by refrigeration. Ralph Howes, Cold Store Major Accounts Manager, ICS Cool Energy gives us 5 top tips for reducing costs process cooling systems in our latest EPM Online Insight.

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Auto

Top 10 best sports cars 2024

Yes, its cabin has plenty of ergonomic quirks and it still lags behind the best for perceived quality, but we can’t help but feel grateful that a car like the Corvette exists at all, and in right-hand-drive form to boot. It’s not an unequivocal recommendation, but the caveats are small and easily offset by the car’s

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Cryptocurrency

Moderna (MRNA) earnings Q4 2023

Moderna on Thursday posted a surprise quarterly profit, boosted by deferred revenue and cost cuts, even as the company saw slumping sales from its Covid vaccine, its only marketable product. The results cap a rocky year for the biotech company and other Covid vaccine makers, which all saw revenue plunge as the world continued to emerge

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Finance

Govt allows onion exports to Bangladesh, Mauritius, Bahrain, Bhutan

New Delhi, The government on Thursday permitted traders to export 54,760 tonnes of onion to Bangladesh, Mauritius, Bahrain and Bhutan till March 31. “We have allowed export of 50,000 tonnes of onion to Bangladesh, 1,200 tonnes to Mauritius, 3,000 tonnes of Bahrain and 560 tonnes to Bhutan with immediate effect,” Consumer Affairs Secretary Rohit Kumar

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Legal Law

Report: 75K loyal Redditors can snag shares before Reddit goes public

Thousands of the most dedicated Reddit users will have a chance to snag shares when the company goes public in 2024, The Wall Street Journal reported Wednesday. Citing people familiar with the matter, The Journal reported that 75,000 of the “most prolific” Redditors will have an opportunity to buy “an as-yet-undetermined number of shares” before

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Medicine

RSSL Announces New Innovation Hub

RSSL have announced plans to launch its new Innovation Hub, a dedicated platform to help small- and medium-sized biotech organisations de-risk and accelerate the development of cutting-edge products. RSSL’s Innovation Hub will be a supportive ecosystem for early-stage biotech companies, providing a wide range of tailored services to help them navigate their journeys from concept to

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Auto

Porsche Cayenne Review (2024) | Autocar

With a wealth of engineering changes underneath and visual updates to the body and interior, this Porsche Cayenne facelift isn’t one of those blink-and-you’ll-miss-it surgeries. The new LED matrix headlights are easy to spot (and, if you like, you can have high-definition ones at extra cost), while the new bumpers front and rear make for

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Cryptocurrency

Nvidia (NVDA) earnings report Q4 2024

Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Nvidia reported fourth fiscal quarter earnings that beat Wall Street’s forecast for earnings and sales, and said revenue during the current quarter would

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Finance

India against EU bringing in new issues at WTO meet via backdoor

India has opposed the European Union’s bid to push new issues such as carbon taxes, industrial subsidies, women and climate at the upcoming ministerial meeting of the World Trade Organization (WTO) in the garb of “deliberative functions” or “conversation with ministers” that seek to reform the body. Officials said the EU wants an open-ended work

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Medicine

NorthSea Therapeutics Initiates Phase 2A Trial of Orziloben

NorthSea Therapeutics B.V. have announced the dosing of the first patient in its Phase 2a clinical trial of Orziloben (NST-6179) in intestinal failure-associated liver disease (IFALD), an orphan liver disease affecting individuals on prolonged intravenous (parenteral) nutrition (PN). The trial is a randomised, double-blind, Phase 2a, placebo-controlled study, which will be conducted at multiple sites across North

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Technology

Co-op signs TCS deal for cloud-first push

The Co-operative Group (Co-op) is adopting a cloud-first model as part of a plan to reduce its carbon footprint, with the migration of IT from datacentres to the cloud. Working with Indian outsourcing giant Tata Consultancy Services (TCS), the diversified group said the project would also provide a platform for future growth. The Co-op Group,

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Auto

IM Motors to show 500-mile UK-bound L6 saloon at Geneva

IM Motors, MG’s premium electric sister brand which is set to launch in the UK next year, will unveil its new L6 saloon at the Geneva motor show. IM (Intelligent Mobility) was founded in late 2020 as a tie-up between MG parent brand SAIC, e-commerce giant Alibaba and R&D specialist Zhangjiang Hi-Tech delivered the first

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Cryptocurrency

Palo Alto Networks (PANW) earnings Q2 2024

Nikesh Arora, Palo Alto Networks Adam Galica | CNBC Shares of cybersecurity company Palo Alto Networks plunged 19% in extended trading Tuesday, after the company reported a beat on the top and bottom lines but lowered its full-year guidance for revenue and billings. Here’s how the company did compared to LSEG, formerly Refinitiv, estimates: Earnings

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Medicine

French Startup Bioptimus Launched – European Pharmaceutical Manufacturer

French startup Bioptimus emerged from stealth following a seed funding round of $35M. Under the leadership of Professor Jean-Philippe Vert, PhD, Bioptimus unites a world-class team of scientists from Owkin and Google DeepMind alumni to transform biology with cutting-edge AI foundation model technologies that capture the various scales of biology. This funding round is led by Sofinnova

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Business

Can Marine Grade 316 Stainless Steel Withstand Exposure to Saltwater?

Can Marine Grade 316 Stainless Steel Withstand Exposure to Saltwater? Marine environments are among the harshest environments on Earth, characterized by high salinity, constant moisture, and exposure to corrosive elements. In such settings, materials used for construction and equipment must withstand the corrosive effects of saltwater to ensure durability and longevity. Among the materials commonly

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