BioNTech hopes to move into cancer drugs
Losses at German pharmaceutical company BioNTech quadrupled in the second quarter compared to the previous year. Now the company is confident in a change of strategy towards new cancer treatments…
Lilly and Novo Nordisk’s battle for weight loss drugs reaches pharmacies
Weight loss drug Zepbound gains ground in the US against Novo Nordisk's Wegovy. Lilly has about 40% market share in the U.S., reaching 130,000 prescriptions in the week ending July…
Big Seven companies prepare to lose $1 trillion in value
Apple and Nvidia led a sell-off in technology stocks due to fears of a US recession and Berkshire Hathaway. High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla fell…
CrowdStrike rejects Delta Air Lines’ claims of flight problems
CrowdStrike on Sunday dismissed a lawsuit by Delta Air Lines that it should be blamed for flight disruptions following a global outage on 19 July caused by a faulty update,…
Infineon will cut 1,400 jobs worldwide and relocate another 1,400 jobs
Infineon will cut 1,400 jobs worldwide and move another 1,400 positions to countries with lower labour costs as part of a previously announced cost-saving programme, the chief executive of the…
Triathlon: Germany win mixed relay gold
Laura Lindemann won a thrilling sprint finish on Monday to give Germany gold in the Olympic triathlon mixed relay, edging out the United States and Great Britain after favourites France…
Faulkner scored a surprise victory in the women’s road race
American Kristen Faulkner caused a furore by winning the gold medal in the women's road race at the Paris Olympics on Sunday, capitalising on the mind games of the strongest…
Canada’s Katzberg wins gold in men’s hammer throw
Canada's Ethan Katzberg won gold in the men's hammer throw at the Paris Olympics on Sunday, cementing his dominance in the discipline after becoming the youngest-ever world champion last year.
Zelenskiy says Ukraine will finally deploy F-16 fighter jets
Ukrainian pilots began flying F-16 aircraft for operations inside the country, President Volodymyr Zelenskiy said. The announcement confirms the expected arrival of the US-made fighter jets more than 29 months…
Starmer to hold emergency meeting with police chiefs as UK riots escalate
British Prime Minister Keir Starmer held an emergency meeting with police chiefs after violent anti-immigration protests intensified, with buildings and vehicles set alight and hotels housing asylum seekers attacked.
