Finance

Sanofi CEO: AI promises a great era of drug discovery that could fundamentally change medicine–but only if we allow it to deliver on its promise – Uptrends

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Sanofi CEO: AI promises a great era of drug discovery that could fundamentally change medicine–but only if we allow it to deliver on its promise – Uptrends

Amidst economic uncertainty, high interest rates, talent shortages, and rising capital costs, artificial intelligence (AI) is top of mind for many industries, governments, and academic institutions. While there is a long list of challenges that the health care sector must overcome, there is reason to believe that through AI, we are on the cusp of … Read more

Women may benefit more from regular workouts than men – Uptrends

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Women may benefit more from regular workouts than men – Uptrends

  They say anything men can do, women can do better—which may include reaping the health benefits of regular exercise. That’s according to a new study published today in the Journal of the American College of Cardiology. An international team of researchers from the U.S. and China showed that women who exercise regularly have a … Read more

Obituary: Abilio Diniz, Brazilian retail billionaire of Pao do Acucar and Carrefour – Uptrends

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Obituary: Abilio Diniz, Brazilian retail billionaire of Pao do Acucar and Carrefour – Uptrends

Abilio Diniz, the acclaimed Brazilian business leader who grew his family retail business into a giant, lost control of it, then became a major shareholder in a rival company, has died. He was 87. Diniz died at a hospital in Sao Paulo, where he was being treated for respiratory failure caused by pneumonia, a spokesperson … Read more

Airline industry: Revenge travel fades and New York, Singapore hubs dominate – Uptrends

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Airline industry: Revenge travel fades and New York, Singapore hubs dominate – Uptrends

Cities around the world from Bangkok to Detroit are fading from international flight networks as the post-Covid travel boom funnels traffic into more traditional hubs. Across Southeast Asia, pre-pandemic links with Europe have all but vanished as Philippine Airlines Inc., Garuda Indonesia and Thai Airways International Pcl cut flights. Manila and Jakarta, for example, have … Read more

Jeff Bezos-backed Brazil fintech Stark Bank doesn’t ‘believe in remote work’ – Uptrends

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Jeff Bezos-backed Brazil fintech Stark Bank doesn’t ‘believe in remote work’ – Uptrends

Stark Bank, one of the few Latin America startups to receive funding from Jeff Bezos’ family office, is generating profits from its business of helping companies handle payments, while leaving cash raised from its funding rounds nearly untouched. The Sao Paulo-based company handled 155 billion reais ($31 billion) of payments in 2023, a three-fold jump … Read more

Yulia Navalnaya: Widow of Russian dissident Alexei Navalny vows to continue fighting Putin’s ‘mad regime’ – Uptrends

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Yulia Navalnaya: Widow of Russian dissident Alexei Navalny vows to continue fighting Putin’s ‘mad regime’ – Uptrends

The widow of Russian opposition leader Alexei Navalny vowed on Monday to continue his fight against the Kremlin, while authorities denied his mother access to a morgue where his body is believed to be held after his death last week in an Arctic penal colony. With her voice cracking at times in a video posted on social … Read more

Dubai golden visas, liberal laws lead to economic boom – Uptrends

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Dubai golden visas, liberal laws lead to economic boom – Uptrends

At the height of the global pandemic, as Dubai faced an exodus of expatriates and mounting competition from neighboring business hubs, the government opened up. That decision is now helping the city dodge the commercial real estate crisis rippling across the globe. The United Arab Emirates — of which Dubai is a part — started to break … Read more

$250 billion of shale oil mergers rewrite Wall Street playbook – Uptrends

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0 billion of shale oil mergers rewrite Wall Street playbook – Uptrends

This week’s $26 billion combination of two Texas oil companies is the latest in a series of deals that’s ushering in the era of Big Shale. Wall Street, which eyed the sector with skepticism for most of the last decade, appears to be all in. Diamondback Energy Inc.’s takeover of Endeavor Energy Resources LP announced … Read more

How dangerous are COVID vaccines? Global study – Uptrends

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How dangerous are COVID vaccines? Global study – Uptrends

Vaccines that protect against severe illness, death and lingering long Covid symptoms from a coronavirus infection were linked to small increases in neurological, blood, and heart-related conditions in the largest global vaccine safety study to date. The rare events — identified early in the pandemic — included a higher risk of heart-related inflammation from mRNA shots made by Pfizer Inc., BioNTech SE, and … Read more

What is foreign direct investment into China? – Uptrends

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What is foreign direct investment into China? – Uptrends

Foreign businesses’ direct investment into China last year increased by the lowest amount since the early 1990s, underscoring challenges for the nation as Beijing seeks more overseas funds to help its economy. China’s direct investment liabilities in its balance of payments stood at $33 billion last year, according to data from the State Administration of … Read more