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Wednesday, Oct 05, 2022
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Pfizer CEO Albert Bourla got COVID again
Pfizer CEO Albert Bourla Twitted: “I have tested positive for COVID. I’m feeling well & symptom free. I’ve not had the new bivalent booster yet, as I was following CDC guidelines to wait 3 months since my previous COVID case which was ba...
Don't raise interest rates, UN warns the Federal Reserve and other central banks
The UK economy is forecast to contract 0.9% in 2023, the UN agency said, amid "a series of headwinds" resulting from Brexit and international conditions.
Credit Suisse has stumbled from one crisis to another - but the panic is possibly overdone
Senior executives at the bank appear to have spent most of the weekend trying to reassure clients and investors of its financial health, according to a report.
The surprising power of internet memes
Is there more to internet memes than meets the eye? The science of these viral mash-ups reveals why they are so effective at spreading ideas and beliefs.
Electric-car demand pushes lithium prices to records
Driven by a surge in Chinese electric-vehicles sales, the sharp rise in a key commodity for batteries could slow adoption of EVs globally.
How going above and beyond at work became required
These days, workers expect to exceed their job descriptions if they want to get ahead – or even keep their positions at all. How did we get here?
Daughter rises in Mukesh Ambani’s succession plan
In the clearest hint of a succession roadmap, Indian billionaire Mukesh Ambani carved out definite roles for each of his three children at the annual general meeting of his $220bn (£193bn) retail-to-refining conglomerate in August.
Financial giant Goldman Sachs set for hundreds of layoffs
Goldman Sachs is expected to lay off hundreds of workers, reports say.
About 50 million people trapped in ‘modern slavery’, says UN
The pandemic, armed conflicts, and climate change have exacerbated conditions, trapping people in forced labour or marriage.
‘The strain is the worst of my lifetime’: how Bill Gates is staying optimistic
Covid and Ukraine war were major setbacks in pursuit of global development goals, philanthropist admits, but cutting back on aid would be ‘tragic’
OPEC keeps global oil demand forecast unchanged for 2023
Global oil supply in August increases by around 1.3 million barrels per day compared to previous month
North Korea declares itself a nuclear weapons state
North Korea has passed a law declaring itself to be a nuclear weapons state, according to state news agency KCNA.
Oil price falls to lowest since Ukraine invasion in blow to Putin
Oil prices have tumbled back to levels last seen before Russia's invasion of Ukraine in a blow to Vladimir Putin and Saudi Arabia as the heavyweight producers try to prop up prices.
Why some employers won’t give in to flexibility
More and more employees want autonomy at work – and it’s become a major factor in whether they quit. Why are some companies digging in their heels against it?
Why ‘quiet quitting’ is nothing new
The idea of slowly withdrawing from overworking has gone viral. This ‘quiet quitting’ has actually been happening for decades – but its newfound popularity says a lot about work now.
Elon Musk thinks the population will collapse. Demographers say it's not happening
Billionaire Elon Musk tweeted, not for the first time, that "population collapse due to low birth rates is a much bigger risk to civilization than global warming." Climate change is a serious problem facing the planet and experts say it'...
Moderna Sues Pfizer Over Covid Vaccine
In a statement issued on Friday, Moderna says Pfizer and BioNTech infringed on its patents in developing their vaccine shots.
EU can’t go it alone on global banking agreement, top regulator warns
Banks risk becoming ‘less resilient’ if they get too many carve-outs from Basel III reforms, says Neil Esho.
Scammers use Binance CCO's deepfake to scam crypto projects
Binance’s Chief Communications Officer Patrick Hillmann has warned of scammers using his deepfakes to meet with project teams regarding potential opportunities to list their assets on Binance. The meetings were reportedly held over Zoom ...
Djokovic unable to travel to New York for US Open
Novak Djokovic says he will be unable to travel to New York for the US Open, which begins on Monday.
Efficacy of Pfizer’s Covid-19 pill questioned
An Israeli study has indicated the medication is of little measurable benefit to patients in the 40-65 age bracket
News addiction linked to not only poor mental wellbeing but physical health too, new study shows
People with an obsessive urge to constantly check the news are more likely to suffer from stress, anxiety, as well as physical ill health, finds a new study published in the peer-reviewed journal Health Communication.
America used to regulate business. Now government subsidises it
What’s to blame? The change in the balance of power between large corporations and the government
Research says that your 40s are your unhappiest age. It’s worse for millennials
I was already glum about soon turning 40. Then I learned that happiness is U-shaped – it bottoms out in your 40s, then starts to inch its way up again in your 50s
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