Japan’s Nippon Steel has proposed giving the US government veto power over potential cuts to US Steel’s production capacity as part of its bid to secure President Joe Biden’s approval for acquiring American steelmaker US Steel. A proposal made by Nippon Steel includes a 10-year commitment not to reduce domestic mill production unless approved by … Read more
Italian fashion designer Rosita Missoni has died aged 93, leaving behind a legacy as one of the most iconic figures in the industry. She co-founded the eponymous knitwear brand with her husband Ottavio in 1953 and became renowned for her colourful designs that brought Italian ready-to-wear to a global market. Born in 1931, Missoni met … Read more
Astronomers have discovered that cosmic fireworks displays near neutron stars could be responsible for mysterious radio bursts called fast radio bursts (FRBs). Research published in the journal Nature suggests that FRBs originate from extremely close to these dead stars, equivalent to just twice the distance between New York and Los Angeles. Neutron stars are stellar … Read more
Norway has set a new record in electric vehicle (EV) market share, with 88.9% of all new passenger car sales being battery EVs in 2024. This surge is driven by government incentives and rising taxes on internal combustion engine cars. The country’s EV sales are expected to continue growing, with the head of the Norwegian … Read more
A groundbreaking study reveals that a 30-second survey can identify individuals at risk of over a dozen chronic diseases, including cancer, heart disease, and diabetes. The simple questionnaire asks two questions about physical activity: the number of days and minutes spent engaging in moderate to vigorous exercise per week. According to researchers, those who answered … Read more
Russian forces have not yet reached the outskirts of strategic eastern Ukrainian city Pokrovsk, despite months of fighting, a Ukrainian military spokesperson said. The area has been dubbed a “fortress” settlement due to its key role in Ukrainian defenses and logistics hub. Moscow’s efforts to capture Pokrovsk are ongoing, with intense battles reported east of … Read more
Neumora Therapeutics, a well-funded biotechnology company, has seen its valuation drop by over 80% after the failure of its most advanced drug in a major clinical trial. The “KOASTAL-1” study, which enrolled 383 adults with moderate-to-severe depression, found that Neumora’s navacaprant was no better than a placebo at alleviating symptoms. The company had high hopes … Read more
Tesla Inc.’s annual electric vehicle (EV) sales have dropped for the first time in over a decade, with the company selling 1.79 million vehicles last year. Despite this, deliveries reached a record high in the fourth quarter of 2023. The decline is attributed to the company’s results coming in slightly below previous year’s numbers and … Read more
Weight loss drugs like Ozempic (semaglutide) and Wegovy have become increasingly popular in 2024, with more patients relying on them to manage their weight, treat diabetes, and prevent heart attacks and strokes. However, experts also caution that these medications come with concerns, including high costs, side effects, and limitations. According to Dr. Jody Dushay, an … Read more
Samsung Electronics America has announced the availability of its latest mobile additions, the Galaxy A16 5G smartphone and the Galaxy Fit3 fitness tracker, nationwide starting January 9, 2025. The Galaxy A16 5G is priced at $199.99, while the Galaxy Fit3 fitness tracker costs $59.99. The Galaxy A16 5G boasts a larger screen, upgraded design, powerful … Read more