Trump says Taiwan should pay for defence, sending TSMC stock down
Taiwan should pay the United States for its defense as it does not give the country anything, US Republican presidential candidate Donald Trump said, sending shares of Taiwanese chip manufacturer TSMC down on Wednesday. #TrumpTaiwanDefense “I know the people very well, respect them greatly. They did take about 100 percent of our chip business. I […]
Novo owner backs Swiss biotech Asceneuron in $100 million round
Novo Nordisk’s owner led a $100 million Series C fundraising in Asceneuron, a biotech company developing therapeutics for neurodegenerative diseases. Novo Asceneuron investment is poised to make substantial strides in clinical development. #NovoAsceneuronInvestment Novo Holdings, the majority owner of Wegovy maker Novo Nordisk, announced the funding will advance Asceneuron’s lead asset, ASN51, into phase 2 […]
ASML’s order book expected to benefit from AI chip boom
AMSTERDAM (Reuters) — ASML (ASML), the top equipment supplier to computer chip makers, is expected to report an influx of new orders when its new boss delivers second-quarter results on Wednesday, as customers expand capacity to meet booming demand for AI chips. The AI chip boom has spurred ASML’s customers to expand their manufacturing capabilities. […]
BlackRock-led investors in Aramco pipelines hire banks for bond sale
DUBAI, July 16 (Reuters) – BlackRock-led investors in Saudi Aramco’s gas pipelines network have hired banks to arrange investor meetings ahead of a potential sale of Aramco pipelines bond. A bank document released on Tuesday outlines their plans to refinance a loan supporting their stake purchase. The investors had in 2021 taken a 49% stake […]
Hugo Boss cuts full-year forecast on sagging China, UK demand
Hugo Boss adjusted its sales and earnings forecasts, citing weakened global consumer demand, especially in China and the UK. This Hugo Boss forecast announcement led to a decline in its shares by up to 10 percent. It now expects full-year sales to fall between €4.20 billion (US$4.58 billion) and €4.35 billion, compared with a previous forecast […]
Donald Trump enters Republican convention hall with a bandaged ear and gets a hero’s welcome
MILWAUKEE (AP) — Two days after surviving an attempted assassination, former President Donald Trump convention appearance triumphantly at the Republican National Convention’s opening night with a bandage over his right ear, the latest compelling scene in a presidential campaign already defined by dramatic turns. GOP delegates cheered wildly when Trump appeared onscreen backstage and then […]
Argentina wins Copa América final 1-0 on 112th minute goal
Argentina entered rarefied air Sunday with a thrilling 1-0 victory over Colombia in the Copa América final Sunday at Hard Rock Stadium in Miami. Lionel Messi’s teammates showed their mettle after he was tearfully subbed off due to injury. Argentina broke through in the 112th minute, with Lautaro Martinez scoring, his fifth goal of the […]
No hope of survivors in Nepal bus accident, 55 still missing
KATHMANDU (Reuters) -Rescuers in Nepal ruled out chances of finding survivors in last week’s Nepal bus accident. The incident involved two passenger buses carrying 65 people swept into a river swollen by heavy rain, authorities said on Monday. Hundreds of security personnel resumed search operations early on Monday to locate the buses and 55 passengers […]
Kenya arrests ‘serial killer’ suspect over dumped bodies: Police
NAIROBI -Kenyan police said on July 15 they had arrested a “serial killer” suspect after the gruesome discovery of nine mutilated bodies in a Nairobi rubbish dump. Kenya authorities have apprehended a suspect believed to be a serial killer responsible for dumping bodies. #KenyaSerialKiller “We have this morning arrested a prime suspect,” Directorate of Criminal […]
Population in England and Wales rises by most in 75 years
LONDON: Record immigration caused the population of England and Wales to rise by 610,000 to 60.9 million in mid-2023, the largest annual increase in 75 years, official data showed on Monday. What statisticians term ‘natural’ population growth — the difference between births and deaths — fell to just 400, the lowest since 1978, while net […]