Governments across the world that have placed a cost on carbon emissions raised $84bn collectively in 2021, but the World Bank has warned that this is “far from adequate” in the effort to limit global warming. The 60 per cent rise from the previous year in the funds generated by countries charging companies for their…
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Mariel needed a new gastroenterologist. Having just moved back to San Antonio, the 30-something searched for a doctor to manage her Crohn’s disease, an inflammatory bowel condition that is successfully managed with medications and lifelong monitoring — including regular colonoscopies. Mariel booked an appointment and learned she would be on the hook for a $1,100…
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The UK and Sweden have signed a co-operation agreement in life sciences, aimed at strengthening academic research and commercial collaboration as Britain seeks to deepen scientific ties with other nations after Brexit. The memorandum of understanding, signed in London on Friday in the presence of Sweden’s king and queen, is the first bilateral science agreement…
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The European Commission is going ahead with the centralised purchase of an antiviral drug and a vaccine to be deployed against monkeypox, according to people familiar with the matter, as cases of the disease continue to climb and nations race to place orders. The contracts, expected to be finalised as early as next week, would…
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A post-industrial dystopia dominated by technology-obsessed mega corporations may be a bit too close to reality for casual gamers. But it was the bugs, glitches and delays in the would-be blockbuster Cyberpunk 2077 that let it down. An update from developer CD Projekt has shown it is hard at work on creating extra content. But…
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Twitter has refused to remove Silver Lake co-chief executive Egon Durban from its board, even after the social media company’s investors voted against his re-election at this week’s shareholder meeting. Durban failed to win the support of the necessary majority of Twitter investors on Wednesday, following concerns from the two largest shareholder advisers, Institutional Shareholder…
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In the early weeks of the pandemic, Dr. Lorenzo González, then a second-year resident of family medicine at Harbor-UCLA Medical Center, ran on fumes, working as many as 80 hours a week in the ICU. He was constantly petrified that he would catch the COVID-19 virus and guilt-ridden for not having enough time to help…
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It would be easy to assume that Klarna chief executive Sebastian Siemiatkowski is feeling downbeat after the company’s first large-scale job cuts, reports of a big fall in its valuation and general questioning of its buy now, pay later business model. But although he admitted to being “quite exhausted” by recent events, the 40-year-old chief…
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For a complex transaction that had eight banks and four law firms listed as advisers, the deal came down to just two individuals quickly agreeing one of the world’s largest technology deals on record. Broadcom’s Hock Tan and Michael Dell of the eponymous PC maker, architects of more dealmaking coups than many Wall Street veterans,…
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“Slowest growth since going public’‘ is the latest catchphrase linked to Chinese stocks. Alibaba has just recorded the second straight quarter of such a slowdown, as have peers such as Tencent. A slim beat on market expectations should not be reason for investors to celebrate. Nonetheless, shares of Alibaba rose more than 12 per cent…
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