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Germany's BioNTech plans UK trial of mRNA cancer therapy
German pharmaceutical company BioNTech, which developed a trailblazing Covid-19 vaccine, will trial a cancer treatment in Britain using the same mRNA technology, the company said on Friday. The company has been developing mRNA-based cancer therapies since it was founded in 2008 and they have been trialled on several hundred people so far. fec/hmn/lth
Shell says European windfall taxes to cost $2 billion
British energy giant Shell on Friday said windfall taxes imposed by the European Union and UK following a surge in profits would cost the group about $2 billion. Shell said in a statement Friday that the impact on fourth quarter earnings of the EU and UK windfall taxes "is expected to be around $2 billion".
Lofty US home prices persist despite interest rate hikes
Higher borrowing costs are leading to fewer US home sales, but prices are staying elevated in a holdover from the torrid peak-pandemic market. But that's still up 3.5 percent from the year-ago period and some 30 percent higher compared with May 2020 before the pandemic set the market ablaze.
More political storms for TikTok after US government ban
TikTok faces an uncertain year ahead in the United States as anti-China Republicans take greater control in Congress demanding tighter scrutiny for the highly popular video sharing app. TikTok is the equivalent of "digital fentanyl," said Republican lawmaker Mike Gallagher, one of the leading voices in Congress against China, comparing the app to the deadly opioid.
'More the merrier': Asia tourist hubs ready for China influx
In Tokyo's Asakusa tourist district, caricaturist Masashi Higashitani is dusting off his Chinese as he prepares for an influx of travellers after Beijing ends inbound quarantine rules. "We're looking to hire and preparing to stock up," the 24-year-old told AFP in Seoul's popular downtown Myeongdong district.
Asian markets fluctuate after healthy start to the new year
Asian investors struggled Friday to maintain the week's positive momentum as they eyed sharp losses on Wall Street that came after forecast-beating jobs data that suggested the Federal Reserve will have to keep lifting interest rates. Asian markets fluctuated after all three main indexes on Wall Street fell more than one percent.
From tracking moods to putting on a show, it's AI-everything at CES
Entrepreneur Antony Perzo introduces a small device called Emobot, which looks like a cross between a speaker and a piece of abstract art, and explains: "It's an emotional thermometer!" The California-based company OpenAI has impressed with ChatGPT, a simple to use software that generates a poem or school essay in seconds, and DALL- E which creates visual art.
'Gut punch': Meta bruised in EU data fight
European regulators have laid down one of the biggest challenges so far to the multibillion-dollar business model of Facebook owner Meta, analysts said on Thursday.
UK unveils anti-strike bill as trains halted again
The UK government said Thursday it will introduce legislation requiring a minimum level of key public services during strike action, with the country once again crippled by transport walkouts.
AFP
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