The recent ruling by a U.S. court allowing scientific evidence to be presented in the lawsuits surrounding the discontinued heartburn drug Zantac has sent shockwaves through the pharmaceutical industry. The decision has major implications for British pharmaceuticals giant GSK and other companies involved in the manufacture and sale of the drug. History of Zantac Zantac,
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In a groundbreaking move, a Chinese spacecraft successfully landed on the far side of the moon to gather soil and rock samples. This mission marks a significant step in the Chang’e moon exploration program, demonstrating China’s determination to expand its presence in space exploration. With the United States leading the charge in space exploration, China’s
The intersection of technology and the human body is evolving rapidly, giving rise to the concept of the “Internet of Bodies” or IOB. Coined by academic and author Andrea M. Matwyshyn in 2016, the IOB refers to a network where human bodies rely on the internet and related technologies for their integrity and functionality. This
In recent years, Beijing has been making significant strides in allowing robotaxis to operate closer to the city center. The city has begun testing robotaxis with human staff inside on a 40-minute route between a major high-speed train station and a suburban area to its south. This marks a major expansion of robotaxi operation from
The CEOs of artificial intelligence giants such as Google DeepMind and Microsoft AI are set to attend the annual Bilderberg Meeting in Madrid, Spain. This exclusive gathering will also see the presence of prominent figures from the business and political realms, including Citigroup CEO Jane Fraser, former Google CEO Eric Schmidt, and Shell CEO Wael
Pinduoduo (PDD) has carved out a niche for itself in China’s competitive e-commerce market, positioning itself as a value-for-money platform. Analysts have recognized PDD’s success, highlighting its growth trajectory and market dominance. The company’s Temu marketplace has played a significant role in solidifying its position as China’s most valuable e-commerce company, surpassing industry giants like
In recent times, gold prices have been on a steady climb, reaching record highs and creating a buzz in the market. Spot gold managed to hit a new peak of $2,449.89 per ounce on a given Monday, with silver and copper following suit. Although the prices have slightly receded, they still remain close to their
The Asia-Pacific markets experienced a rise on Monday as China’s industrial profits showed an increase during the first four months of the year. Official data revealed that China’s industrial profits rose by 4.3% year-on-year in the January to April period. This positive growth in profits has boosted investor confidence and contributed to the upward trend
Morgan Stanley recently updated its forecasts for Tuya, a U.S.-listed Chinese company that primarily generates its revenue from overseas markets. According to Asia equity analyst Yang Liu and the team, they have raised their price target on Tuya to $3.50, representing a potential increase of over 75%. The analysts also highlighted the short-term valuation opportunity
China recently conducted war games around Taiwan, simulating attacks with bombers and practicing boarding ships. These exercises were seen as a direct provocation by Taiwan, which condemned the actions as aggressive and threatening. The drills, named “Joint Sword – 2024A”, lasted for two days and involved a significant number of Chinese warplanes and warships. The