Big Investors Cut Risky Bond Exposure Amid Concerns of Global Economic Falters

Investors are scaling back their exposure to riskier corporate debt, betting that a recent rally may have left the market vulnerable to a sell-off if global economic growth falters. Asset managers like BlackRock, M&G, and Fidelity International are shifting towards safer bonds, taking advantage of lower yields due to declining US credit spreads. The decline … Read more

Smartphone Use Linked to Hemorrhoid Risk?

Some doctors warn that scrolling on your phone while on the toilet may increase your risk of developing hemorrhoids. A study found a 46% link between smartphone use and increased hemorrhoid risk, but experts say it’s not that simple. Hemorrhoids are swollen veins in the anus and lower rectum that can be painful and uncomfortable. … Read more

Hair Loss Serum Shows Promise in Reversing Pattern Baldness

A new topical treatment containing plant extracts and cell-stimulating proteins has shown promising results in reversing hair loss. In a clinical test, participants saw visible improvements in hair density after just two months of use. This is especially encouraging for those experiencing pattern baldness, which affects up to half of men and 40% of women … Read more

Update Payment Details to Avoid Subscription Termination

If you’re having trouble paying for a subscription, don’t worry! To keep the service going, simply update your payment information by visiting your account page or clicking “update payment details”. If you forget to do so, your subscription will be cancelled. Source: https://www.thetimes.com/life-style/celebrity/article/tom-cruise-ana-de-armas-breakup-relationship-mn9s6jn0v

Bond Market Tightens to Record Low After Global Economic Growth Worries

Bond investors are shifting towards safer investments due to growing concerns about global economic growth and a recent rally in credit markets. The spread between investment-grade bonds and government bonds has narrowed significantly, approaching its lowest level since the 2008 financial crisis. Large asset management firms like Blackrock and Fidelity International have reduced their exposure … Read more

US, UK Sanction Prince Group for Large-Scale Online Scams

The US and UK have targeted a multinational network based in south-east Asia accused of running large-scale online scam operations. The Prince Group, led by Chen Zhi (“Vincent”), has been sanctioned for allegedly using trafficked workers to defraud people worldwide. Authorities claim Chen has directed forced labour scam compounds across Cambodia, with billions stolen from … Read more

Genentech Launches Direct-to-Consumer Flu Pill Program

Genentech, a biotechnology company, has launched a direct-to-consumer program for its flu pill Xofluza. This move aims to make the medication more accessible to people who need it, especially those with weakened immune systems. Xofluza is designed to treat patients with severe or critical COVID-19 cases, and Genentech hopes that this new program will increase … Read more

Oracle Embraces AI, But Adoption Uncertainty Remains

Oracle is betting big on artificial intelligence (AI), with recent announcements across its cloud infrastructure, applications, and data analytics. However, experts warn that users’ adoption of AI remains uncertain due to various factors such as data quality, maturity of data management, and legacy system limitations. The company’s Gartner vice president and analyst, Balaji Abbabatulla, notes … Read more

Trump Considers National Guard in San Francisco Amid Ongoing Controversy

President Donald Trump is considering sending the National Guard to San Francisco, despite local officials’ opposition. The city has seen a 70-year low in homicides, and Gov. Gavin Newsom said crime had dropped since his term began. However, California plans to defy any deployment, calling it an attempt by Trump to “militarize another American city” … Read more

PayPal and Venmo Down: Payment Services Experience Issues

Payment services from PayPal and Venmo experienced issues for many users, with reports flooding online platforms such as Down Detector. A service outage at both companies was reported on October 16, with the problem causing difficulties for some users. However, by around 12:30 p.m., PayPal confirmed that its status page indicated all services were operational. … Read more