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26/10/2023
Hong Kong hopes a one-off $2500 check for new parents will help lift one of the developed world's lowest birth rates: Hong Kong's chief executive announced the 'baby bonus' on Wednesday—but much larger checks elsewhere in Asia haven't lifted birth rates.
Jump Crypto and Bain Capital Crypto bet $8 million on Gauntlet founder’s new startup, Aera: In addition to Gauntlet, his $1 billion company, Chitra also has his own venture capital firm, Robot Ventures.
Mattel CEO says the brand will no longer be confined to toys: ‘We are here to build film franchises’: Ynon Kreiz said the company would shift its focus after the blockbuster success of Greta Gerwig’s Barbie this summer.
America's junk food habit might go deeper than we think—a new study says sweet and salty snacks are as addictive as alcohol and ci******es: A new study published in the British Medical Journal found sweet and salty snacks release dopamine in the brain, akin to the behavior of drinking alcohol and smoking.
Shell takes axe to its eco-friendly business in profit push: The group is paring back its hydrogen operations, but said it was focused on lowering emissions.
Turkey raises interest rates for fifth time in as many months: Central bank’s efforts to bring down inflation could be complicated by any escalation of Israel-Hamas conflict
UK air traffic controller can raise airline fees by 26%, says regulator: Approval by Civil Aviation Authority follows systems failure disruption to August bank holiday travel
UK regulator warns on financial health of four water suppliers: Annual Ofwat report flags Thames Water, Southern Water, South East Water and SES Water as high priority
Israel carries out ‘targeted raid’ against Hamas in Gaza: Forces step up preparation for ground invasion as US calls for delay to allow aid deliveries and to free hostages
Good robots must not be made to learn from bad human habits: Generative AI should follow the signals from driverless cars that behave better on the roads than we do
Israel’s war cabinet: the men planning next move against Hamas: Group of 5 face pivotal decision over how to manage an expected ground invasion of Gaza
Government clamps down on English councils considering four-day week: Levelling up department says plans for workers to cut hours without losing pay does not give taxpayer value for money
Comcast revenue and profit top estimates as Universal theme park sales soar: Comcast revenue and earnings both topped analyst estimates as theme park sales rose, and Peacock added 4 million subscribers.
A credit card Christmas: Taking on shopping debt carries more risk this holiday season: Holiday forecasts indicate U.S. consumers are eager to celebrate but are feeling stretched and looking for deals.
Bristol Myers Squibb earnings top estimates even as top-selling drug fights generic competition: Bristol Myers Squibb’s revenue was in line with estimates, but fell slightly from the same period last year due to lower sales of blood cancer drug Revlimid.
The next AI winners may be these old economy companies embracing the revolution: Investor Nancy Tengler says a search for more traditional companies embracing digitization could help investors find less ovious beneficiaries of the AI boom.
At least 16 dead in Maine mass shooting and hundreds of police hunt for shooter as residents lock down: A police bulletin identified Robert Card, 40, as a person of interest in the attack that sent panicked bowlers scrambling behind pins when shots rang out around 7 p.m.
Israel-Hamas war could lead to economic chaos in Egypt, Lebanon and Jordan, experts warn: If the chaos went unchecked, it could spread across a region that is vital for global oil supplies — with reverberations around the globe.
Off-duty pilot's attempt to switch off Horizon Air flight's engines after using psychedelic mushrooms renews scrutiny of cockpit mental health: Joseph Emerson, 44, had been flying passengers himself just three days before police said he tried to engage an emergency fire suppression system.
Return-to-office mandates will just keep getting harsher as bosses stick to 'management by walking around': This doom loop could have been avoided if managers knew how to manage hybrid and remote workers well.
Tesla rival Xpeng presses ahead with driver-assist rollout in China, Europe: Chinese electric car company Xpeng said this week it plans to roll out driver-assist technology in Europe by the end of next year.
Russia's obsession with Ukraine has weakened its power over its other neighbors: Analysts say the war in Ukraine has created the irony that Russia has lost a degree of control, power and influence over its backyard.
The 'queen of caviar' who supplies Britain's royal family shares how and how not to eat the delicacy: Laura King has run a caviar business for nearly 20 years and imports hundreds of kilos of the sturgeons' eggs to the U.K. every two to three weeks.
With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023: Using data provided by research firm Statista, CNBC analyzed the top nations overall when it comes to financial technology.
Mercedes-Benz third-quarter earnings take a hit on subdued sales, supply chain snags: Mercedes-Benz said it expects the adjusted return on sales of its cars division for the full year to hit the lower end of its 12-14% forecast.
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