In a significant development for public health, the World Health Organization (WHO) has recently granted prequalification status to the mpox vaccine developed by Bavarian Nordic. This marks the first time a vaccine specifically aimed at tackling mpox has received such endorsement. The approval arrives at a critical juncture when the disease is gaining traction across
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In recent years, a noticeable shift has occurred in the American lithium landscape, with Arkansas becoming a focal point for production initiatives. Major industry players, including ExxonMobil, Albemarle, and Standard Lithium, are channeling substantial investments into the state, recognizing its potential as a crucial contributor to the global lithium supply chain. This surge comes at
Recent fluctuations in crude oil prices have created significant waves in the energy sector, with notable declines in stock values. According to analysts at Goldman Sachs, this downturn, particularly sharp this month, presents a unique window for investors. Following a bearish shift in market sentiment, both U.S. crude oil and benchmark Brent prices have reached
The upcoming world premiere of Clint Eastwood’s latest film Juror #2 is set to be a highlight of the 38th edition of the AFI Fest, scheduled to unfold at the iconic TCL Chinese Theatre on October 27. Following this much-anticipated premiere, Warner Bros. will unveil the film in a limited theatrical release on November 1,
In a remarkable turn of events for the aviation industry, flight attendants at American Airlines have decisively approved a transformative five-year labor agreement. This contract, backed by an impressive 87% of voting union members, is poised to significantly elevate the financial well-being of the airline’s cabin crew. Scheduled to take effect at the beginning of
In the world of cinema, external factors can greatly influence box office performances, and Hurricane Francine’s impact on the movie landscape in Louisiana serves as a prime example. While major weather events have the potential to derail theater attendance, they also highlight the tenacity of the film industry and its audiences. This past weekend, despite
The recent regulatory disclosure revealing Ajit Jain’s divestment of over half of his Berkshire Hathaway shares has sparked widespread speculation within the financial community. As Warren Buffett’s right-hand man and the vice chairman of insurance operations, Jain’s actions carry significant implications for the investment conglomerate and its stakeholders. This decision, marking a notable decline in
As September proves to be a volatile month for the stock market, investors are facing more challenges when it comes to trading Big Tech stocks. However, there is one low-volatility ETF that is still making significant gains. Alliance Bernstein has introduced the AB US Low Volatility Equity ETF, which holds top positions in tech giants
Despite facing recent financial challenges, Manchester United’s brand remains resilient and robust. Analysts at Jefferies highlight the football club’s global recognition and extensive fanbase as key drivers of its strength, even amidst declining financial performance and increased operational costs. The financial difficulties faced by Manchester United are primarily attributed to rising player costs and operational
Shigeru Ishiba, a former defense minister, is seen as a frontrunner in the race to become Japan’s next prime minister. His strong stance on transitioning from nuclear power to renewable energy and advocating for female emperors sets him apart from the other candidates. Ishiba’s economic strategy of increasing wages and potentially exempting certain goods from
In a bid to regain the trust and patronage of lower-income consumers, McDonald’s has announced an extension of its popular $5 value meal through December in numerous U.S. markets. This strategic decision comes after franchisees overwhelmingly supported the move, with approximately 80% voting in favor of keeping the deal alive. Meanwhile, discussions about further extensions
Lawyers representing Caroline Ellison, a key witness in the case against FTX founder Sam Bankman-Fried, have put forth a recommendation for no prison time for their client. They argue that Ellison should, at most, be sentenced to time served and supervised release. This leniency is attributed to her prompt return to the U.S. from FTX’s
In a bold move, Naoki Tamura, a hawkish policymaker at the Bank of Japan, has publicly stated that the central bank must raise interest rates to at least 1% by the second half of the next fiscal year. This marks the first time a BOJ official has specified a target rate for short-term borrowing costs.
Asian stocks experienced an upward trend on Thursday, driven by the positive performance of technology shares. This surge was largely in response to the overnight rally in market darling Nvidia. The CEO of Nvidia, Jensen Huang, emphasized the strong demand for artificial intelligence, which significantly boosted the confidence of investors. The focus was primarily on