Shares of French pharmaceutical group Sanofi fell sharply on Monday after the company flagged another delay to a US regulatory decision for its experimental multiple sclerosis drug tolebrutinib and reported disappointing results from a late-stage clinical trial.The stock dropped as much as 5% in early trading, making it the worst…
As investors stare down the start of 2026, one thing is clear: the playbook that worked over the last decade won’t cut it in the next.Between stubborn inflation fears, a ballooning US national debt and relentless innovation in digital finance, the lines between Wall Street, Washington and Web3 are blurring…
India has moved to loosen long-standing restrictions in its nuclear power sector as it looks to speed up capacity additions and close widening funding gaps. Legal amendments introduced in parliament on Monday would allow private companies to participate in a field that has remained under state control for decades.The proposed…
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Donald Trump built his second presidency on his “America First” promises. That he would bring back manufacturing and make life affordable again.Almost a year later, the numbers, the mood, and the man are moving in opposite directions.Inflation has slowed, but prices remain stuck. Growth data looks fine, but voters feel…
China’s economic slowdown intensified in November, with key indicators for consumption, investment, and industrial output all falling short of expectations. The latest data underscore the challenges facing policymakers as they attempt to rein in excess supply while struggling to revive domestic demand and stabilise the prolonged downturn in the property…
Global markets opened the week digesting a mix of corporate, macroeconomic, and asset-class developments, from early steps toward a potential SpaceX initial public offering to renewed signs of weakness in China’s economy, cautious trading in Asian equities, and tentative stabilisation in cryptocurrency markets. Together, the updates underscore a backdrop of…
The Nikkei 225 Index dropped by 1.30% on Monday as traders waited for the upcoming Bank of Japan (BoJ) interest rate decision. It also dropped as Japan tech companies dropped amid AI jitters and as bond yields rose. It was trading at ¥50,207, down from the year-to-date high of ¥52,635.Nikkei…
South Africa’s efforts to expand satellite internet access, with Starlink at the centre of the debate, are facing mounting political resistance. Lawmakers are pushing back against a proposed shift in telecom ownership rules that could allow foreign satellite providers to operate without local equity participation, reports Bloomberg. The dispute has…
iRobot, the maker of the Roomba robotic vacuum cleaner, filed for Chapter 11 bankruptcy protection on Sunday, marking a dramatic reversal for a company that once defined the consumer robotics industry. The filing clears the way for iRobot to go private under a deal with Picea Robotics, its primary manufacturer,…