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Europe July 31, 2023

Ceva drops appeal over French bird flu vaccine tender

French animal health company Ceva has withdrawn its legal challenge over a tender to supply France with a bird flu vaccine. A German company Boehringer Ingelheim won the tender.

China July 31, 2023

China unveils measures to boost consumption amid post-COVID recovery challenges

China's State Council has released measures aimed at revitalizing and expanding consumption in key sectors such as automobiles, real estate, and services.

US July 27, 2023

US congressional committee fails to reach deal on stablecoin bill

Efforts to establish a federal regulatory framework for stablecoins, a type of cryptocurrency pegged to traditional assets like the U.S. dollar, have hit a roadblock.

China July 27, 2023

China's video game player population hits record 668M amid market recovery

China's video game player population has achieved a new record, reaching 668 million, according to a statement by a government-run game industry association on Thursday.

Asia July 27, 2023

TikTok won't launch cross-border e-commerce services in Indonesia amid concerns

TikTok has confirmed that it has no intentions of introducing a cross-border e-commerce initiative in Indonesia, amidst concerns expressed by the Indonesian government.

US July 27, 2023

Drugmaker Mallinckrodt in talks with hedge funds for potential bankruptcy to avoid opioid settlements

According to the Wall Street Journal's report on Wednesday, drug manufacturer Mallinckrodt is engaging in discussions with hedge funds about the possibility of filing for bankruptcy.

US July 27, 2023

US urges appeals court to lift curbs on social media contacts by government

The Biden administration has made a request to a federal appeals court to lift an order that significantly restricts government officials' communication with social media companies.

United Kingdom July 26, 2023

British billionaire Joe Lewis pleads not guilty to insider trading in NYC court appearance

British billionaire and Tottenham Hotspur soccer team owner Joe Lewis pleaded not guilty to insider trading before a Manhattan judge on Wednesday.

Canada July 26, 2023

Bank of Canada deliberates delaying rate hike amid inflation concerns, meeting minutes reveal

The Bank of Canada implemented a 25 basis point increase, bringing rates to a 22-year high of 5.0%. Alongside the hike, the bank adjusted its 2023 growth forecast

China July 26, 2023

China issues guidelines on standardization of intelligent connected vehicles

China's Ministry of Industry and Information Technology has released guidelines aimed at standardizing intelligent connected vehicles in the country, laying out a two-phase plan.

Asia July 26, 2023

Dengue outbreak surges in Bangladesh, raising alarm over record deaths and infections

Dengue outbreak surges in densely populated Bangladesh during rainy season, raising concerns over potential record fatalities and infections for the second consecutive year.