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Biologic drugs play an important role in treating cancers such as breast cancer and lymphoma, but their high costs can add to the financial burden of cancer care. Now, lower-cost versions known as biosimilars are gaining ground, and a new study led by researchers at the UCLA Heal

Nvidia has put nearly US$50 billion into the AI labs that buy its chips, and has lined up commitments for more than $500 billion Colette Kress, the company’s chief financial officer, told analysts on August 26 that demand from the labs Nvidia backs with its own balance sheet will

Rules will require hedge funds, insurers and pension firms to report all non-financial wrongdoing The City’s largest hedge funds, insurers and pension funds are racing to prepare for sweeping rules that will stop nearly 40,000 companies from hiding bullying and harassment cases

Saudi Arabia’s PIF have ended financial supportChief executive working on deal but needs players’ buy-inLIV Golf informed the majority of its workforce on Wednesday that they will be laid off in the first week of September.The news ⁠comes three days after the 2026 season conclude

Kinshuk Surjan’s documentary follows women in dire financial straits whose bereavement compounds their social plight, which they confront togetherOut in rural India, a crisis casts a dark cloud over the seemingly tranquil vistas of wheat fields and soy farms. Over the past 20 yea

Exclusive: Companies that kept policies did just as well financially, even after Trump’s executive order, as those that didn’tConservative backlash was supposed to put an end to the diversity, inclusion and equity (DEI) movement as companies were warned “go woke, go broke”.In January 2025, Donald Trump delivered a death knell, ending DEI within the federal government with executive orders and threatening to target companies that still supported it. Companies including Google, Goldman S

Reform UK leader’s return to Clacton restarts inquiry into £5m gift from cyrpto-billionaire and support from fraudsterThe suspended parliamentary standards investigation into Nigel Farage over accusations he failed to declare gifts and donations has resumed after the Reform UK leader’s re-election as the MP for Clacton.The twofold investigation by Daniel Greenberg, the parliamentary commissioner for standards, was paused after Farage resigned from his seat and called a byelection in pr

Live, rolling coverage of business, economics and financial markets as GDP rises in June despite Iran war after stagnating in MayThe UK economy is estimated to be 1.2% bigger than it was a year ago.Real GDP per person is estimated to have increased by 0.4% in the second quarter, up 1.0% compared with the same quarter a year ago.I know people are worried about the impact of the conflict in the Middle East on their cost of living, which has been too high for too long and it has added pre

Brent crude prices hover near $90 per barrel, as fallout from Iran war hits travel firm Tui’s profitsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Oil prices are still on the rise, as fresh attacks on ships raise concerns about disruptions to Middle Eastern fuel supplies, adding to doubts over the prospects of a US-Iran peace deal.Yesterday, the rally in US crude paused for a minute after Pakistan’s Defence Minister said that

A eticista Chloé Bakalar deixou a OpenAI com pouco menos de um ano na empresa, de acordo com o jornal Financial Times. Bakalar ocupava a função de Líder de Ética na companhia e o cargo está vago desde então.  A função de eticista nas empresas de tecnologia envolve avaliar o impacto do produto nos usuários e promover limites responsáveis de uso, principalmente sobre vieses de modelos de IA. Fontes ouvidas

Uma reportagem publicada nesta terça-feira (11/8) no Financial Times, um dos mais prestigiosos periódicos de economia, destacou uma mudança em curso na JBS, a maior processadora de carne do mundo: a ascensão de Wesley Batista Filho, de 34 anos, ao comando da empresa. "Um descendente da dinastia empresarial brasileira Batista se tornará presidente-executivo da JBS, enquanto o maior frigorífico do mundo devolve o cargo mais alto a um membro de sua família controladora", diz trecho da

US president demands compensation for damage incurred by US, complicating standoff with TehranNvidia ⁠has partnered with six major Wall Street financial institutions to raise ⁠more than $500bn (£370bn) capital for artificial intelligence infrastructure.The Nvidia chief executive, Jensen Huang, said on X that the company has ⁠the option to backstop up to $125bn, or 25% of the potential deals. Continue reading...