Business

China International Development Corp Explores 1.2 Billion Dollar Bid for Lonten Semiconductor

CIDC is a long-time player in traditional goods and is now weighing a step into one of China’s most competitive technology sectors.

US Hiring Shows Tentative Progress Despite a Subdued Economic Mood

September employment numbers reflect steady job growth even as broader economic trends suggest caution.

Robot Deliveries Uber Teams Up with Starship Technologies to Launch Autonomous Drop-Offs in the UK

Uber moves into automated deliveries in the UK, starting with Leeds and Sheffield, marking a significant step in last-mile logistics.

Gold Jumps 1% as Investors Brace for U.S. Jobs and Inflation Data

Bullion gains ground as investors position defensively ahead of major U.S. economic reports that could influence interest-rate expectations.

Teva Launches Rise, Taps Startups for Pharma Innovation

The global drugmaker calls on startups to help tackle critical challenges in drug development, manufacturing, and patient care.

Why the United States Has Become the Top Recipient of Chinese Loans

More than $200 billion in Chinese state-backed loans have gone into U.S. projects over the past two decades. This trend indicates a shift in global lending and raises questions about strategic influence.

Hungary Rolls Out Major Tax Relief Package Worth $272 Million to Support Small Businesses

The government delays the planned six-month increase in fuel excise taxes to ease short-term costs for businesses as part of its wider support package.

Germany Cuts Back New Gas Power Plans to Balance Climate and Energy Goals

Berlin trims its gas power plans as it searches for a workable balance between energy security and decarbonisation.

Merck to Acquire Cidara Therapeutics for $9.2 Billion in a Strategic Flu Prevention Initiative

The deal gives Merck a potential universal flu solution as the company prepares for a future beyond Keytruda.

Bank of Spain Tightens Lending Standards as Mortgages Continue to Rise

Mortgage lending is climbing while interest rates remain low. The Bank of Spain is keeping a closer watch on banks to ensure growth does not turn into risk.

Coinbase to Reincorporate in Texas as Delaware Loses Appeal

The cryptocurrency exchange shifts its legal home to Texas seeking lighter regulation and stronger business support.

New Class of MRI Contrast Agents Improves Molecular Stability and Imaging Performance

By locking metal-binding peptides into place with molecular cross-links, we have engineered MRI contrast agents that are not only more stable but also deliver a further 30% improvement in effectiveness compared to their non-cross-linked counterparts.

Billionaires Should Be Grounded First, Say Patriotic Millionaires as FAA Braces for Nationwide Flight Halt

As the FAA braces for a nationwide flight halt, private jets continue to fly while ordinary Americans face delays, exposing the stark gap between privilege and fairness in air travel.

Aumovio Narrows 2025 Sales Forecast Following Chip Supply Exemption

Reuters reports the German car‑parts supplier has revised its 2025 sales guidance amid semiconductor supply issues.

U.S. Airports Face Flight Cuts as Shutdown Stretches On

Commercial, cargo, and private flights are all affected as the FAA works to ease the burden on controllers who are unpaid and working overtime.