Search results for "ai"

Pfizer-BioNTech Seek U.S. OK for Second COVID Booster for 65 and Older

Pfizer Inc and its German partner BioNTech SE on Tuesday filed an application with U.S. regulators seeking emergency use authorization for a second booster shot of their COVID-19 vaccine for people aged 65 and older. The submission to the U.S. Food and Drug Administration includes data collected in Israel, where a second booster is authorized […]

Reliance Buys Assets of Battery Maker Lithium Werks in Clean Energy, Transport Push

Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as it makes a bigger push towards clean energy and transport. Reliance’s investment in Lithium Werks, which manufactures lithium iron phosphate batteries that are mainly used in electric vehicles […]

Yum China, BYD Say China's COVID Curbs Have Impacted Operations

Chinese businesses from automaker BYD to KFC operator Yum China say their operations have already been hit by the country’s latest COVID-19 curbs, with more disruption expected as case numbers rise. The impact on companies comes as China battles its worst outbreak since the start of the coronavirus pandemic in early 2020. It posted a […]

U.S. Funds Projects on Tackling Waste from Advanced Nuclear Plants

The U.S. Energy Department on Thursday announced $36 million for projects addressing toxic waste expected to come from a new generation of nuclear reactors, plants the Biden administration sees as a crucial to fight climate change. The 11 projects, funded through the department’s ARPA-E program supporting energy research into high risk, but potentially transformational projects, […]

Deutsche Bank to Wind Down in Russia, Reversing Course After Backlash

Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in a surprise move that it would wind down its business in the country. Deutsche joins the ranks of Goldman Sachs and JPMorgan Chase, which were the first major U.S. banks to exit after Moscow’s […]

China's Tencent Faces Possible Record Fine for Anti-Money-Laundering Violations - WSJ

Tencent Holdings Ltd is facing a potential fine, which could be at least hundreds of millions of yuan, for violating some central bank regulations on its WeChat Pay mobile network, the Wall Street Journal reported on Monday, citing people familiar with the matter. Financial regulators recently found that WeChat Pay had broken China’s anti-money-laundering rules […]

Africa's Leading Independent Telecommunications Services Provider, Phase3 Telecom moves onto Digital Connectivity Enterprise in Nigeria and West African Sub-region

The upgrades will cover security features, performance enhancements. agile update capacity and quality delivery mechanisms. ABUJA, Nigeria, March 10, 2022: Africa’s leading independent aerial fiber optic network infrastructure and telecommunications services provider, Phase3 Telecom, is enabling advanced digital connectivity, improved performance and enhanced network security for enterprise. This drive is targeted at cost efficient and unified […]

Digital Therapeutics Revenue from Health Insurers to Reach $8 Billion Globally by 2026

Hampshire, UK – 14th March 2022: A new study from Juniper Research has found that digital therapeutics revenue from health insurers will increase to $8 billion by 2026, up from $1.1 billion in 2022; representing a growth of 610 percent over the next four years. Digital therapeutics are clinically validated software programs for the treatment of chronic medical conditions, […]

Telecom Italia Shares Jump After Decision to Engage with KKR

Shares in Telecom Italia (TIM) rose more than 9% on Monday after the phone group said it would start formal talks with KKR to assess more closely the U.S. fund’s potential 10.8 billion euro ($11.8 billion) offer. At the end of a long board meeting on Sunday, TIM also said it would explore a possible […]

CryptoPunks, Meebits Acquired by Bored Ape Yacht Club Creator

The creator of the celebrity-favored Bored Ape Yacht Club (BAYC) non-fungible tokens (NFT), Yuga Labs, revealed on Friday the acquisition of one of the most valued and oldest brands in the NFT universe, CryptoPunks, in addition to Meebits, according to The Verge. It will aim to welcome a “community of builders,” Yuga Labs hopes to provide […]