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US cancels $590 million contract with Moderna for bird flu shot
US President Donald Trump's administration on Wednesday canceled a $590 million contract with Moderna to develop an avian flu vaccine, the US biotech company said. The statement added Moderna would "explore alternatives" for funding the development and manufacturing of the vaccine.
Africa elects its next 'super banker'
The race to become Africa's next "super banker" ends on Thursday, with five candidates, including one woman, vying to succeed Nigeria's Akinwumi Adesina as head of the African Development Bank in a contest that appears too close to call. In 2015 it took six rounds of voting to elect Adesina as president of the AfDB, which was founded in 1964 and now has 81 members, including 54 African nations.
AI personal shoppers hunt down bargain buys
Internet giants are diving deeper into e-commerce with digital aides that know shoppers' likes, let them virtually try clothes on, hunt for deals and even place orders. Shoppers can then set the price they would pay and leave the AI to relentlessly browse the internet for a deal -- alerting the shopper when it finds one, and asking if it should buy using Google's payment platform.
Meta AI bot used a billion times monthly: Mark Zuckerberg
Meta chief Mark Zuckerberg touted the tech firm's generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders it is used by a billion people each month across its platforms.
US trade court blocks tariffs in major setback for Trump
A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.
Nvidia earnings beat expectations despite US export controls
Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less than the Silicon Valley chip juggernaut had feared.
OPEC+ meets as oil output hike looms
Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite falling prices. OPEC+ ministers in their online meeting Wednesday reaffirmed the alliance's collective policy, according to a joint statement.
Longer flight delays without compensation? EU plan divides
The EU is considering allowing airlines to incur longer flight delays without having to compensate passengers in a move that has consumer groups up in arms and is dividing member states. It would also have stripped about 75 percent of passengers of the right to compensation, said Europe's BEUC umbrella consumer rights group.
German court sets climate precedent but rejects Peruvian farmer's claim
A German court on Wednesday rejected a climate case brought by a Peruvian farmer against energy giant RWE, but set a potentially important precedent on polluters' liability for their carbon emissions. The court, however, rejected Lliuya's claim against RWE, saying there was "no concrete danger to his property" from a potential flood.
AFP
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