In IT, Innovation and Startups
Facebook put La Jolla project to sleep
Meta has halted the development of a high-end mixed reality headset that was intended to compete with the Apple Vision Pro, according to reports from various anonymous insiders.…
Continue ReadingTruflation index gets an update: more countries included
Truflation, a leading provider of real-time financial data, has expanded its Big Mac Index to include 15 additional countries, enhancing its global reach and utility. Initially available for…
Continue ReadingIn IT, Innovation and Startups
Leqembi is approved in UK and US, banned in EU: risks outweighed by rewards
The UK Medicines and Healthcare products Regulatory Agency (MHRA) has granted approval for the Alzheimer’s drug Leqembi, which has been shown to slow the progression of the disease.…
Continue ReadingSOCAR, the state oil company of Azerbaijan, strikes a major deal with Russia while draining billions from the Ukrainian budget
The politics of Azerbaijan are nuanced and highly complex, defying easy explanation. To put it as simply as possible, Azerbaijan often adopts an opportunistic approach, seeking to maximize…
Continue ReadingFirst rate cut revived the market: is it coincidental?
UK real estate sellers have observed a significant increase in buyer demand following the Bank of England’s decision on August 1 to lower interest rates from their highest…
Continue ReadingAmericans are now the second-largest group of tourists in Portugal after the British
Between January and June, Portugal welcomed over one million North American tourists, positioning the country as the second-largest source of foreign visitors, just behind the UK. According to…
Continue ReadingPorsche bought a large stake in ailing VARTA battery manufacturer
VARTA, a German battery manufacturer with a rich history dating back to 1887, has recently encountered significant financial difficulties. Once highly regarded by investors, the company’s fortunes have…
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