Month: March 2024
Baltimore port bridge collapse: World ocean carriers declare ɽrive majeure,' leaving U.S. organizations on hook for urgent cargo pickup
Ocean carriers are declaring “pressure majeure” owing to the Baltimore port bridge crisis, telling logistics firms and U.S. shippers like vendors that once cargo is dropped off at alternate ports, it turns into their accountability to decide on up. In an warn to shoppers Tuesday, CMA CGM wrote, “People (containers) on the water will be […]
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Novo Nordisk's $1,000 diabetes drug Ozempic can be made for less than $5 a month, study suggests
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. Lee Smith | Reuters The blockbuster diabetes drug Ozempic could be manufactured for less than $5 a month, even as Novo Nordisk charges close to $1,000 per month for the injection in the U.S. before insurance, a […]
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European markets close slightly higher; H&M up 15% after profit beat; Sweden holds rates
S4 Capital shares fall 8% on revenue warning Shares of digital marketing agency S4 Capital slipped 15% before paring losses slightly after warning of a further fall in revenues this year amid a still challenging advertising market. S4 Capital reported a 25% drop in core earnings in 2023 as tech clients cut ad spend. Shares […]
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Amazon spends $2.75 billion on AI startup Anthropic in its premier enterprise financial investment still
Amazon is earning its biggest outside expenditure in its three-ten years background as it appears to be to acquire an edge in the artificial intelligence race. The tech huge said it will spend a further $2.75 billion backing Anthropic, a San Francisco-dependent startup which is broadly seen as a frontrunner in generative synthetic intelligence. Its […]
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China's Xi fulfills U.S. executives as companies navigate bilateral tensions
China’s President Xi Jinping speaks at the “Senior Chinese Chief Celebration” held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 15, 2023. Carlos Barria | Reuters BEIJING — U.S. company leaders satisfied with Chinese President […]
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ɺlso early to decide': World-wide carmakers contend with closure at busiest U.S. vehicle port
The stays of the Francis Scott Crucial Bridge on March 26, 2024 in Baltimore. Michael A. McCoy | The Washington Submit | Getty Photographs The Baltimore bridge collapse has prompted carmakers to assess functions just after the closure of the busiest U.S. automobile port. Several do not anticipate important disruptions so much. In a extraordinary […]
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SEC scores massive get in lawsuit towards crypto exchange Coinbase
A smartphone with exhibited Coinbase emblem and representation of cryptocurrencies are positioned on a keyboard in this illustration taken, June 8, 2023. Dado Ruvic | Reuters The Securities and Exchange Commission scored a big win in its lawsuit versus Coinbase on Wednesday, as a judge dominated that its claim that the cryptocurrency exchange engaged in […]
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Boeing needs to be led by engineers, time is not on its side, Emirates Airline president suggests
A Boeing 737 Max plane in the course of a screen at the Farnborough Intercontinental Airshow, in Farnborough, Britain, July 20, 2022. Peter Cziborra | Reuters Boeing needs to be led by engineers if it would like to pull alone out of its present-day crisis, Tim Clark, the president of Emirates Airline, said in opinions […]
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Qatari royal reportedly invested $50 million in pro-Trump news channel Newsmax
Signage for the Newsmax conservative television broadcasting community is exhibited at a broadcast Tv set booth at the Nationwide Rifle Affiliation (NRA) yearly meeting at the George R. Brown Convention Heart, in Houston, Texas on May perhaps 28, 2022. Patrick T. Fallon | Afp | Getty Visuals Appropriate-wing information outlet Newsmax obtained an investment of […]
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Largest U.S. sportsbooks join forces to tackle problem gambling
Seven of the nation’s largest gaming companies are joining forces to create a trade group to promote responsible gaming, and for the first time ever, will share information about problem gamblers. The seven operators — FanDuel, DraftKings, BetMGM, Penn Entertainment, Fanatics Betting & Gaming, Hard Rock Digital and bet365 — will form the Responsible Online […]
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