Category: News
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Israeli AI disease models co CytoReason raises $80m
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Israeli biopharmaceutical decision-making company citorisonTechnologies, which develops AI-powered computational disease models for predictive insights, today announced the completion of an $80 million funding round from OurCrowd, Nvidia, Pfizer, and Thermo Fisher Scientific. Cytorison says it will use the new funds to expand the application of its models in additional indications,…
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Israeli AI disease models co CytoReason raises $80m
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Israeli biopharmaceutical decision-making company citorisonTechnologies, which develops AI-powered computational disease models for predictive insights, today announced the completion of an $80 million funding round from OurCrowd, Nvidia, Pfizer, and Thermo Fisher Scientific. Cytorison says it will use the new funds to expand the application of its models in additional indications,…
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UK pay growth slows but remains high for Bank of England By Reuters
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LONDON (Reuters) – British workers’ wage growth slowed in the three months to the end of May but remained at levels typically too high for the Bank of England to keep inflation at its 2 percent target. Average weekly earnings excluding bonuses – a key gauge of inflationary pressures for…
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Analysis-Rotation trade takes small caps from dead money to Wall Street darlings
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By Louis Krauskopf NEW YORK (Reuters) – U.S. small-cap stocks are having a long-awaited moment, lifted by expectations of lower interest rates and improved election prospects for Republican presidential candidate Donald Trump, a proponent of policies seen as beneficial to smaller, domestic companies. The Russell 2000 index, which focuses on…
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Crude oil rises as U.S. inventories fell for third straight week (NYSEARCA:USO)
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SlavkoSereda/iStock via Getty Images Crude oil futures rose on Wednesday, snapping a three-session losing streak, after the United States reported a much larger-than-expected draw in crude inventories last week, marking a third straight decline. the Crude inventories fell by 4.9 million barrels. It was accompanied by Gasoline and diesel stocks…
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Dinosaur fossil shatters auction records after an American buyer paid $45 million
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the Nearly complete fossilized remains of a Stegosaurus The painting sold for $44.6 million at auction on Wednesday, Sotheby’s said. The buyer’s name was not disclosed. The fossil, dubbed “Apex,” is among the most complete ever found, according to the auction house. The price exceeded the pre-sale estimate of $4…
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Ethiopia tops Kenya’s foreign assets on Safaricom entry
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Ethiopia has become the host of the largest stock of capital investment from Kenya in Safaricom’s expansion into that market, knocking Tanzania down to second place. Safaricom is investing billions of shillings heavily in its startup operations in Ethiopia. Tanzania and Uganda have traditionally been the top destinations for foreign…
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Condor Signs Its First LNG Framework Agreement in Kazakhstan
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on July 17, 2024 •…
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Tel Aviv fast lanes set to open next year
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Construction is currently underway on express lanes to Tel Aviv on the Ayalon Road (Route 20). The lanes are scheduled to open gradually next year, and will extend from Rishon LeZion in the south to Shefayim in the north, with parking lots for thousands of vehicles at each end. The…
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Tel Aviv fast lanes set to open next year
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Construction is currently underway on express lanes to Tel Aviv on the Ayalon Road (Route 20). The lanes are scheduled to open gradually next year, and will extend from Rishon LeZion in the south to Shefayim in the north, with parking lots for thousands of vehicles at each end. The…
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Tel Aviv fast lanes set to open next year
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Construction is currently underway on express lanes to Tel Aviv on the Ayalon Road (Route 20). The lanes are scheduled to open gradually next year, and will extend from Rishon LeZion in the south to Shefayim in the north, with parking lots for thousands of vehicles at each end. The…
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Douglas Dynamics Announces Second Quarter 2024 Earnings Release and Conference Call By Investing.com
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MILWAUKEE, July 17, 2024 (GLOBE NEWSWIRE) — Douglas Dynamics, LLC (NYSE: DOD), North America’s leading manufacturer and supplier of work truck attachments and equipment, today announced that it will release its second quarter 2024 financial results after the market closes on Monday, July 29, 2024. A conference call to discuss…
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Nvidia, ASML, and TSMC stocks got hammered — here’s why
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Shares of chipmakers like Nvidia (NVDA), Taiwan Semiconductor Manufacturing (TSM) and ASML (ASML) have soared this year as investors bet on the AI boom. But on Wednesday, the momentum stalled. All three stocks fell for reasons ranging from investor concerns about export restrictions to a broader move away from technology…
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SL Green Realty reports Q2 results (NYSE:SLG)
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SL Green Realty Press Release (New York Stock Exchange: SLG): Net operating income for the second quarter $2.05 Funds from operations, or FFO, of $2.05 per share for the second quarter of 2024, including $48.5 million, or $0.69 per share, of gains on the extinguishment of depreciated debt at 280…
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SL Green Realty reports Q2 results (NYSE:SLG)
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SL Green Realty Press Release (New York Stock Exchange: SLG): Net operating income for the second quarter $2.05 Funds from operations, or FFO, of $2.05 per share for the second quarter of 2024, including $48.5 million, or $0.69 per share, of gains on the extinguishment of depreciated debt at 280…
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America’s worst bridges are getting a major modern makeover
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Dozens of aging bridges in 16 states are set to be replaced or improved with the help of $5 billion in federal grants announced Wednesday by President Joe Biden’s administration, the latest recipients of a massive infrastructure bill. The projects range from coast to coast, with the largest providing an…
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How skills arbitrage can cure global labour woes
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The world today faces a strange dilemma where some countries suffer from a shortage of talent, while others struggle to generate enough jobs for their young people. The solution lies in the economic geography of skill arbitrage. To understand more deeply the geo-economic tool known as “skill arbitrage”, let us…
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Universal credit tax rate hindering employment efforts
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The new government must address the 55% effective tax rate on Universal Credit recipients if it aims to reduce unemployment. This is what Robert Salter, technical director at tax and audit consultancy Blake Rothenberg, pointed out, highlighting the issue in light of the recent King’s Speech, in which the government…
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Trump Plans Risk Spurring US Inflation That GOP Is Pledging to End
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Breadcrumbs Path Links PMN Business Speaker after speaker at the Republican National Convention this week blamed the Biden administration for rising inflation. Article author: Bloomberg News Christopher Condon Published on July 17, 2024 • Read for 5 minutes You can save this article by registering for free here. Or log…