Takeda Pharmaceuticals from Japan has struck a deal valued at up to $2.2 billion to collaborate with Swiss start-up AC Immune in the development of an Alzheimer’s vaccine. This partnership underscores the intense competition among drug companies to invest in ...

The Social Security Administration (SSA) is actively disbursing payments for retired workers, survivors of deceased contributors, and recipients of Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) throughout May. The SSA has already initiated the first three rounds ...

Sunday saw most stock markets in the Gulf closing higher, buoyed by increasing oil prices, though the Saudi index took a hit due to weak corporate earnings. Oil prices, a pivotal factor for Gulf financial markets, experienced an uptick on ...

General Motors is confident in its ability to regain market share in China, following a decline to a nearly 20-year low last year due to evolving market dynamics and heightened competition from local players, stated GM President Mark Reuss on ...

Warner Bros. Discovery released its first-quarter results on Thursday, falling short of analyst expectations in both revenue and earnings despite a robust performance in its streaming division. The company’s stock saw a slight increase in morning trading. Here’s how Warner ...

Hydrow, the connected fitness company once sought after by Peloton, is experiencing sales growth and diversification with its recent acquisition of a majority stake in strength training company Speede Fitness. As the fitness landscape shifts towards weight training, Hydrow aims ...

McDonald’s U.S. franchisees are set to contribute to a digital marketing fund from next year onwards, aiming to bolster the fast-food giant’s thriving digital business. A memo on Thursday, outlines this significant change intended to modernize McDonald’s marketing strategy and ...

The Bank of England (BoE) adhered to market expectations during its Super Thursday event, maintaining its policy rate at 5.25%. The decision was in line with the consensus forecast, with a 7-2 vote in favor of keeping rates unchanged, while ...

Volvo Cars, the Swedish automaker, reported a notable 27% increase in April sales compared to the previous year, reaching a total of 65,838 cars sold globally. This surge was largely attributed to the growing demand for electric and hybrid vehicles. ...

OpenAI announced the launch of a tool designed to detect images generated by its text-to-image generator DALL-E 3, a startup backed by Microsoft, on Tuesday, amidst growing concerns about the impact of AI-generated content on global elections this year. According ...