At parties, on stages and in meetings, Changpeng Zhao is rarely seen without his black polo shirt, emblazoned with the insignia of his crypto firm Binance.. And 45-year-old Zhao, who founded Binance in Shanghai in 2017, has emerged as the most central and most visible figure in crypto.
The EU on Thursday approved a Covid booster vaccine by French drug maker Sanofi and Britain's GSK after it gave positive results against the Omicron variant in trials.. A trial of 162 adults given the Sanofi-GSK booster showed that it triggers a higher production of antibodies against the Omicron BA.1 subvariant than Pfizer's jab, the regulator said.
The European Commission on Thursday unveiled new proposals to tighten vehicle emissions standards, but immediately ran into fresh criticism that Brussels officials are too close to the car industry.. On Thursday, the EU executive unveiled its proposed Euro 7 vehicle emissions standards to apply from 2025.
US consumer prices cooled in October but remained at decades-high levels, according to government data released Thursday, keeping the pressure on President Joe Biden's administration as Democrats struggle to retain control of Congress.. While headline data "surprised to the downside in October," consumer prices "remain uncomfortably high," said economist Rubeela Farooqi of High Frequency Economics.
ArcelorMittal, the world's number-two steel maker, saw its net profit tumble by 78 percent in the third quarter of 2022 as metal prices fell from "exceptional" levels during the post-Covid recovery and energy prices soared.. "The strong market conditions enjoyed for much of the past two years deteriorated in the third quarter as seasonally lower shipments, a reduction in exceptional price levels, destocking and higher energy costs combined to put profits under pressure," said Aditya Mittal, ArcelorMittal CEO. While expressing confidence in his group's resilience he warned that the "short-term outlook for the industry remains uncertain and caution is appropriate."
British pharmaceuticals giant AstraZeneca on Thursday announced a return to third-quarter profit on increased revenue from sales of its drugs.. For the third quarter of this year, revenue jumped 11 percent to almost $11 billion as AstraZeneca began to profit from the Alexion purchase that cost it $39 billion.
The global scramble for natural gas after Russia's invasion of Ukraine threatens the Paris Agreement target of limiting global warming to 1.5 degrees Celsius, scientists said Thursday on the sidelines of UN climate talks in Egypt.. "To limit warming to 1.5C, countries need to flip to emergency mode on climate as they do on the energy crisis." mh/klm/fz
Fossil fuel lobbyists have flooded UN climate talks in Egypt, a report by watchdog groups said Thursday, as calls grow at the summit for a windfall tax on oil majors' bumper profits.. The groups called on the United Nations to restrict access to the talks for fossil fuel firms, which the UN chief Antonio Guterres has said are "poisoning our planet".
Millions of Londoners faced travel misery on Thursday as another strike by Underground staff shut down most of the network, including almost all lines and city centre stations.. Thursday's walkout on the so-called London "tube" network left travellers struggling to catch buses or find alternative ways to get to work in the city of around 9 million people.
It may be just one of many fashionable hotels in the Hungarian capital, but for anti-corruption activist Attila Juhasz, the Alice Hotel symbolises the capture of the tourism industry by an elite that has enriched itself under Prime Minister Viktor Orban. . - 'Hungarian entrepreneur class' - Dismissing corruption claims, Orban insists that capital should be in the hands of a homegrown "class of Hungarian entrepreneurs" rather than profiteering multinationals.
