Author: Admin
Three new joint labs will develop new capabilities for high-value sectors such as aerospace and semiconductors [SINGAPORE] Ultra-precise valves, coatings worth more than the surface they are on, and a material that can resist extremes – these are some of the advanced manufacturing innovations that three Singapore companies are working on with the Agency for Science, Technology and Research (A*Star).Launched on Oct 3, the joint research projects will yield new technologies in surface treatment, advanced coatings, and precision manufacturing.These can then be applied to sectors such as aerospace, semiconductors, and life sciences. These “focused, deep partnerships” help smaller companies “develop…
Johnson & Johnson is narrowing its focus again, nearly four years after peeling off its consumer health business.The health care giant said Tuesday that it will separate its orthopedics business into a standalone company known as DePuy Synthes. The move leaves J&J focused on its pharmaceutical and MedTech segments, which make prescription drugs, contact lenses and technology to treat cardiovascular disease and help with surgeries.The orthopedics business will be led by Namal Nawana, a former CEO of the medical technology business Smith & Nephew, which makes products for sports medicine and wound management and also focuses on orthopedics.J&J’s orthopedics business…
Chinese companies have pulled back from listing in the U.S. this year in a clear pivot to Hong Kong amid rising tensions between Beijing and Washington, and higher regulatory thresholds in New York. Chinese initial public offerings in the U.S. have slumped 4% year-on-year in terms of deal value so far this year, raising just $875.7 million from 23 deals. That’s down 93% from the $13 billion across 39 listings during the same period in 2021, according to data provider Dealogic. In 2021, Chinese IPOs in the U.S. were on track hit a record high, before Beijing moved to intensify…
South Africa became the latest African nation to qualify for the 2026 World Cup after beating Rwanda 3-0 Tuesday to top its qualifying group, despite being docked three points for fielding an ineligible player in earlier games.It will be South Africa’s first appearance at a World Cup since it qualified automatically as the host in 2010.South Africa’s victory meant Nigeria finished second in the group and will have to qualify through a playoff.Nigeria beat Benin 4-0 at home after a hat trick from star striker Victor Osimhen. Benin had led the group before the last round.Reporting by The Associated Press.Want…
COMMERCE CITY, Colo. — A bittersweet result for the U.S. men’s team as the march toward next summer’s World Cup continues.The good news? Haji Wright scored twice to secure the first come-from-behind win under coach Mauricio Pochettino. The bad? USMNT star Christian Pulisic was forced to leave the friendly in the first half because of what appeared to be an injury to his right hamstring. Here are my takeaways:1. Pulisic’s injury overshadows winThe country’s best attacking player came into this two-match window nursing a hamstring problem that Pochettino said has been bothering him since AC Milan’s preseason. It swelled up following…
OpenAI makes five-year plan to meet $1 trillion spending pledges, FT reports
[LONDON] Britain must urgently prepare for global warming of at least 2 deg C above pre-industrial levels by 2050, its climate advisers said on Wednesday, warning the country is ill-prepared for extreme weather that is already occurring. Britain this year experienced its warmest summer since records began, which impacted health, agriculture and infrastructure with droughts declared in several regions. “It is clear we are not yet adapted for the changes in weather and climate that we are living with today, let alone those that are expected over coming decades,” the Climate Change Committee wrote in a letter to the government…
If it feels like this recent run of champions, and sports as a whole, has been a little bit chalky and predictable, that feeling would be accurate. What has resulted for underdog and contrarian bettors has been a bit of a dry spell. So, while there’s little solace to your bank account, know that you aren’t alone. Let’s review what has happened over the last 10 months or so. Prior to the college football season, most expected the favorite Georgia (+300) or second choice Ohio State (+325) to win the College Football Playoff. South Point’s Chris Andrews even posted a prop where you…
It’s been a very active year for the FX business, says global forex head Flavio Figueiredo [SINGAPORE] With the global currency market hitting a fresh high of nearly US$10 trillion in daily turnover this year, Citi is not missing its slice of the action – posting double-digit growth in trading volumes while taking a shine to Vietnam, where institutional activity is red-hot. Inward equity investments have swelled in anticipation of the South-east Asian nation’s emerging-market upgrade, thus buoying Citi’s client trading volumes, said the bank’s global head of foreign exchange (FX) Flavio Figueiredo. He told The Business Times: “There are…