AstraZeneca, Merck, Novo deals boost Chinese biotech as global interest grows

South China Morning Post - Sep 29, 2026

Shares of Akeso surged after British drug maker AstraZeneca moved to advance the Chinese biotech firm’s flagship cancer drug, while a new deal from US giant Merck further underscored the sector’s global momentum amid easing fears of US curbs. AstraZeneca on Tuesday announced a US$2 billion equity investment in Florida-headquartered Summit Therapeutics, which holds the exclusive rights to develop and commercialise Akeso’s immunotherapy drug ivonescimab outside China. Summit and AstraZeneca would...

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Warning more homes will be uninsurable due to flood risk

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Sep 29, 2026

Aviva boss Amanda Blanc said England was "for sure" building homes that might be uninsurable at some point in the future.

What is the triple lock and why are people talking about it?

What is the triple lock and why are people talking about it?

Sep 29, 2026

The triple lock guarantees that the state pension is not overtaken by inflation or wage increases.

China’s CXMT to favour domestic suppliers in US$5.2b memory-chip capacity push: source

China’s CXMT to favour domestic suppliers in US$5.2b memory-chip capacity push: source

Sep 29, 2026

Chinese memory chip giant ChangXin Memory Technologies (CXMT) plans to invest 34.9 billion yuan (US$5.2 billion) in expansion, with a large portion of the capital going to domestic suppliers of chipmaking equipment, according to a source. The firm, listed on the Shanghai Stock Exchange’s Star Market, would spend 24.1 billion yuan on a new technology research and development project and another 10.8 billion yuan on the second phase of a wafer testing base, according to a Monday stock filing. The...

OpenAI scraps rollout of new model over safety concerns

OpenAI scraps rollout of new model over safety concerns

Sep 29, 2026

The firm also issued an update on incidents in which its models accessed Australian government systems.

College Students Flex Their Power in A.I. Investment Frenzy

College Students Flex Their Power in A.I. Investment Frenzy

Sep 29, 2026

Dorm Room Fund, a program that lets college students invest in their peers, raised a new $50 million fund as the competition for young founders ramps up.

OpenAI scraps release of its latest AI model over safety concerns

OpenAI scraps release of its latest AI model over safety concerns

Sep 29, 2026

OpenAI, the company behind ChatGPT, has decided to cancel the release of its latest agentic model Astra 6.1 because it did not meet safety standards. Rival AI firm Anthropic, meanwhile, is dedicating a large majority of its IPO prospectus to laying out the risk factors associated with AI, according to Reuters. Also in this edition: Russia adds another layer of secrecy to its energy sector and NASA reboots Boeing's struggling Starliner rocket programme.

Mideast Oil Exports Rebound Even as Prices Remain Elevated

Mideast Oil Exports Rebound Even as Prices Remain Elevated

Sep 29, 2026

More tankers are moving through the Strait of Hormuz as shippers gain confidence, but the global supply of oil is still below demand.

Radio Waves Coming From an Alien Planet May Be a Cosmic First

Radio Waves Coming From an Alien Planet May Be a Cosmic First

Sep 29, 2026

Beta Pictoris b appears to have an aurora caused by a powerful magnetic field. If confirmed, it would be the first such field known outside our solar system.

Dutch Police Arrest 24-Year-Old Amsterdam Man in ShinyHunters Investigation

Dutch Police Arrest 24-Year-Old Amsterdam Man in ShinyHunters Investigation

Sep 29, 2026

Dutch authorities have confirmed that they arrested a 24-year-old man from Amsterdam in connection with the ShinyHunters group. "It is true that this month a 24-year-old man from Amsterdam was arrested in an investigation into the hacker group ShinyHunters," the Politie Landelijke Opsporing en Interventies said in an X post Monday. Police said the individual is expected to appear before the

It’s the end of the world – and I don’t feel fine

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Sep 29, 2026

Armageddon is what will happen when billionaires, or even trillionaires, are given free rein. Could this be the final outcome of late-stage American capitalism and democracy? Imagine a human-extinction event: a rogue artificial intelligence (AI) revolution, a new world war or runaway climate change. You likely already have a fair idea of where the safest places on earth and beyond are, if you have been following the ultra-wealthy individuals from Silicon Valley and Wall Street. They are building...

UK tries to stop Trump's diesel export ban

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Sep 29, 2026

John Healey said the government is in talks with the US over Donald Trump's threat to stop exports.

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