Intellia Therapeutics reported mixed Phase 2 results for its CRISPR-based therapy NTLA-2002, aimed at treating hereditary angioedema. The study showed a 75% to 77% reduction in attacks among patients, with some remaining attack-free for months post-treatment. Despite a 20% drop in shares, experts highlight the therapy's potential as a one-time curative option, contrasting it with traditional treatments.
Barnier and Macron are at odds over France's financial strategy, with Macron rejecting tax hikes and spending cuts proposed by Barnier, emphasizing the need for job creation over short-term fiscal adjustments. Macron's reluctance to endorse these measures reflects concerns about their unpopularity ahead of upcoming elections, leading to questions about his commitment to addressing the budgetary emergency.
The canton of Zug faces a persistent housing shortage, with rising prices driven by high demand and limited supply. The vacancy rate has dropped to a national low of 0.4%, while rental prices are approximately 50% above the Swiss average, with a standard 3- to 3.5-room apartment costing around CHF 2,400 per month. Despite plans for new construction, upward pressure on rents is expected to continue into 2025.
Tigran Gambaryan, the head of financial crime compliance at Binance, has been released after being detained in Nigeria since February. The Nigerian authorities dropped the charges against him, and US officials confirmed he is now on a flight back to the United States following negotiations between the two governments.
ONGC has emerged as the leading contender to acquire a majority stake in Ayana Renewable Power, which is backed by the National Investment and Infrastructure Fund (NIIF). This move aligns with ONGC's strategy to prioritize de-carbonization and transition to cleaner energy sources, surpassing rival bidder JSW Neo Energy. While discussions are ongoing, the outcome remains uncertain.
Kenyan President William Ruto defended the government's decision to engage with Adani Group, following public protests over the lack of transparency in the deals. Recently, Kenya signed a $736 million agreement with Adani Energy Solutions Ltd. for power-transmission lines, amid backlash over plans to lease the country's largest airport to another Adani unit.
TKO Group, which owns WWE and UFC, is acquiring three sports-related businesses from Endeavor Group for $3.25 billion, increasing Endeavor's stake in TKO to 59%. The deal includes Professional Bull Riders, On Location, and IMG, enhancing TKO's sports ecosystem.In an exclusive interview, NBA Commissioner Adam Silver expressed frustration over failing to reach a deal with Warner Bros. Discovery during negotiations, leading to a new media rights agreement with Disney, NBCUniversal, and Amazon. The ongoing legal dispute centers on Warner Bros. Discovery's claim to matching rights for NBA games.
Stéphane Rossini, head of the Federal Social Insurance Office, resigns after a significant miscalculation of AHV forecasts, remaining until June 2025. Meanwhile, a Federal Supreme Court ruling threatens weekend and evening services at health facilities, and tensions rise as North Korean soldiers are invited to support Russia in Ukraine. In the U.S., Kamala Harris and Donald Trump engage in fierce pre-election attacks, while Turkey responds to an attack on an arms manufacturer with airstrikes against PKK targets.
Dyania Health has secured $10 million in Series A funding to enhance its AI platform, Synapsis AI, which automates patient chart reviews for clinical trial pre-screening and observational studies. The technology significantly reduces the time required for medical record analysis, achieving results in seconds with over 94% accuracy, while ensuring data remains within healthcare systems' firewalls. Following successful trials, Cleveland Clinic plans an enterprise-wide rollout to streamline clinical trial recruitment and improve patient care.
A recent survey reveals that while most Swiss citizens feel relatively unaffected by rising costs, significant regional disparities exist, particularly in canton Ticino, where 59% express financial concerns. Overall, 35% report their financial situation as stressful, with 79% believing the wealth gap is too wide and 88% feeling homeownership is unaffordable for the younger generation.