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Chinese autonomous driving company WeRide had a weak start on the Hong Kong Stock Exchange. The company’s shares opened down about 8% on its trading debut. This poor performance followed a similar drop for its rival, Pony.ai. Combined, the two robotaxi firms raised nearly $1.2 billion in their share offerings. WeRide raised roughly $308 million…
The pharmaceutical industry is now working on a new frontier in obesity treatment. Current weight-loss drugs, like Wegovy and Zepbound, require continuous use. When people stop the medication, the lost weight often returns fast. This is a major challenge for patients. New research focuses on a permanent solution: gene therapy. Scientists are developing treatments that…
The Trump administration is close to a major deal with drugmakers Eli Lilly and Novo Nordisk. The focus is on cutting the cost of powerful weight-loss drugs. These drugs include Zepbound and Wegovy. The goal is to make the treatments much more affordable. Sources familiar with the talks say the lowest doses could sell for…
New research offers a simple way to fight the health risks of prolonged sitting. Sitting too long harms blood vessel function. This damage can increase your risk of heart problems. A study from the University of Birmingham found a solution in plant compounds. These compounds are called flavanols. You can find them in foods like…
New research shows hope for people with Type 2 diabetes. They face a higher risk for both heart disease and dementia. A study found that following the American Heart Association’s (AHA) “Life’s Essential 8” guidelines can lower this dementia risk. The study looked at health data from over 35,000 adults with Type 2 diabetes. Those…
Grupo Aeromexico, Mexico’s flagship airline, just completed its long-awaited U.S. initial public offering (IPO). The airline, backed by Apollo Global Management, raised $222.8 million. This marks a major return to the public markets. The Mexican carrier had filed for Chapter 11 bankruptcy in 2020. It successfully emerged from restructuring in 2022. Aeromexico sold 11.7 million…
JPMorgan CEO Jamie Dimon strongly supports an independent Federal Reserve. Dimon called the Fed’s independence “absolutely critical.” This statement comes as President Trump publicly pressures the central bank to cut interest rates. Dimon warned against political interference with the Fed. He noted that “playing around with the Fed” often leads to bad results. The White…
A fatal cargo plane crash forced the temporary closure of UPS’s largest air hub. This hub, called “Worldport,” is located in Louisville, Kentucky. The Tuesday evening crash tragically killed multiple people. The facility is a crucial part of UPS’s global network, handling millions of packages daily. The shutdown immediately caused widespread shipping disruptions. UPS had…
The U.S. Supreme Court heard arguments this week. The justices are reviewing the legality of President Trump’s wide-ranging tariffs. These import taxes affect many U.S. trading partners. The administration used an emergency law called IEEPA. It claims this law allows the president to “regulate importation.” However, many justices expressed deep skepticism of this argument. They…
Chinese electric vehicle (EV) makers have quickly dominated Brazil’s car market. Chinese brands now control over 80% of all EV sales there. This marks a huge, decisive shift in South America’s largest car market. This rapid success is due to strategic, affordable pricing. For instance, models like the BYD Dolphin Mini are significantly cheaper than…
