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Vishakha Singh

Bicara Leads Trio of US Biotech IPOs, Raising $703 Million Amid Sector Revival

On Thursday, the biotech sector saw a significant boost as three companies went public, collectively raising $703 million in initial public offerings (IPOs). This move comes as a positive sign for a sector that has recently faced challenges with new market entrants. Bicara Therapeutics Inc. led the charge with a

Amazon Invests $10.45 Billion in UK Cloud Expansion, Boosting Economy and Jobs

Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc., announced plans to invest £8 billion ($10.45 billion) in the UK over the next five years. This substantial investment will fund the construction, operation, and maintenance of data centers across the country. The project is expected to

eToro to Cease Most Crypto Trading in $1.5M Settlement with SEC

Retail trading platform eToro has agreed to halt nearly all cryptocurrency trading for its U.S. customers as part of a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement also includes a $1.5 million penalty, marking a significant shift in the platform’s operations and

Blue Owl Capital Raises $1 Billion in Bond Market Surge

Blue Owl Capital has tapped into the US high-grade bond market with a substantial $1 billion debt issuance, as new bond offerings continue to surge. The private markets-focused alternative asset manager priced a long five-year note, yielding 2.6 percentage points over Treasuries, slightly lower than the initial pricing talk

Chemco and Bhageria Industries Invest $16.65 Million in Bahrain’s Manufacturing Sector

Chemco and Bhageria Industries are making a significant expansion into Bahrain with a combined investment of $16.65 million, alongside contributions from an undisclosed ICT firm. The announcement was made by H.E. Noor Bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of Bahrain EDB, during her visit

US Faces Increased Risk of H5N1 Bird Flu Spread as Fall Approaches, Experts Warn

As the United States heads into fall, concerns are mounting about the increased risk of H5N1 bird flu spreading due to cooler weather and the movement of animals. Officials are focusing on preventing the virus from evolving into a form that could more easily infect humans. The cooler months of

China’s National Health Commission Urges Marriage and Childbirth at ‘Appropriate Ages’ to Address Declining Birth Rate

China’s National Health Commission (NHC) is intensifying efforts to encourage marriage and childbirth at what it deems “appropriate ages” amid ongoing concerns about the country’s declining birth rate and shrinking population. Yu Xuejun, deputy head of the NHC, announced that the Commission will advocate for shared parenting responsibilities