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World Cancer Day 2023 | Precision oncology is a new way of looking at cancer treatment: Dr Sewanti Limaye

February 4, 2023 by www.moneycontrol.com

Dr Sewanti Limaye, Director, Precision Oncology, HN Reliance Hospital and Research Centre. Cancer is among the most researched diseases in the world. For most cancers, early detection is rare, and there isn’t enough consensus among oncologists, researchers and practitioners of non-Western medicine on its exact causes. Overall, a few broad causes have been conclusively established: Cancer may arise as a consequence of genomic abnormalities such as mutations, or when the body’s immune system weakens or collapses, or due to external assaults to the body such as tobacco use, exposure to chemicals and radiation and certain infections. But much like the human body, much of this disease is a mystery. There is no one cause and there is no one cure. As Pulitzer Prize-winning author and oncologist Siddhartha Mukherjee has written in his cancer magnum opus The Emperor of All Maladies , “That this seemingly simple mechanism—cell growth without barriers—can lie at the heart of this … [Read more...] about World Cancer Day 2023 | Precision oncology is a new way of looking at cancer treatment: Dr Sewanti Limaye

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Cupid Is Not Fretting Over Higher Prices For Valentine’s Day

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin While consumers feel the continued squeeze of inflationary pricing, the outlook for Valentine’s Day spending seems optimistic. Consumers are expected to spend $25.9 billion on Valentine’s Day in 2023, up 8% over last year. The National Retail Federation and Prosper Insights & Analytics revealed that spending this year will be one of the highest numbers on record for the February holiday. “This year, as consumers embrace spending on friends and loved ones, retailers are ready to help customers celebrate Valentine’s Day with memorable gifts at affordable prices,” stated NRF President and CEO Matthew Shay. The NRF survey of 7,616 U.S. adult consumers also showed that even among those who don’t plan to celebrate Valentine’s Day, 28% will still mark the occasion somehow. They may treat themselves to something special, plan a get-together or evening out with single friends and family members. Budget-conscious … [Read more...] about Cupid Is Not Fretting Over Higher Prices For Valentine’s Day

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How Gautam Adani Lost More Than $60 Billion In Just 10 Days—And His Ranking As Asia’s Richest

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline Here’s a timeline of how Indian billionaire Gautam Adani has seen his fortune shrink by $64.7 billion in just 10 days as his group of companies battles allegations of stock manipulation and fraud from U.S.-based activist investor Hindenburg Research. Timeline January 24, 2023 Hindenburg Research discloses a short position against Adani Group’s listed companies and publishes a report that accuses the Indian conglomerate of engaging in “brazen stock manipulation and accounting fraud scheme over the course of decades.” January 25, 2023 The Adani Group’s CFO Jugeshinder Singh dismisses the allegations in a video address calling them “a malicious combination of selective misinformation and stale, baseless and discredited allegations that have been tested and rejected by India’s highest courts.” Adani’s fortune dips from $126.4 billion to $120 billion as the Indian stock market responds negatively … [Read more...] about How Gautam Adani Lost More Than $60 Billion In Just 10 Days—And His Ranking As Asia’s Richest

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Tesla Is Staring Down $267 Billion In Cash Firepower From The Global Automakers

March 20, 2018 by www.forbes.com

Share to Twitter Share to Linkedin With an equity market capitalization of $53 billion Tesla is not often characterized as a small company.  In the metrics that matter, however, Tesla is truly a minnow amongst the whales that dominate global auto production.  As the world’s automakers look to transform themselves from manufacturers and marketers of cars to providers of "mobility solutions" the need for investment is enormous.  Most mobility solutions are based on battery-electric vehicles (BEVs) which will eventually be capable of performing self-driving, thereby becoming autonomous vehicles (AVs.) This transition, like most, requires one material above all: capital.  That capital needs to be in liquid form, and that is where Tesla trails its rivals badly.  In the table below I present the amount of automotive (i.e. ex-financial services) cash sitting on balance sheets of the world's major global automakers; figures are as of the most recent reporting periods … [Read more...] about Tesla Is Staring Down $267 Billion In Cash Firepower From The Global Automakers

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Big stimulus unlikely as China considers steps to support consumers-sources

February 3, 2023 by business.inquirer.net

BEIJING  – China’s policymakers plan to show more support for domestic demand this year but are likely to stop short of splashing out big on direct consumer subsidies, keeping their focus mainly on investment, three sources close to policy discussions said. In recent weeks, top policymakers have repeatedly signalled their intention to work towards harvesting the consumer power of China’s 1.4 billion people, after economic growth in 2022 slumped to one of its weakest levels in nearly half a century. That has raised expectations that large-scale household stimulus measures could be announced at an annual parliament meeting in March. Prominent academics have felt emboldened to speak publicly about sizeable demand-side measures such as 1 trillion yuan ($148.28 billion) or more in nationwide consumption vouchers. The sources close to policy discussions, however, expect China to stick more closely to its familiar playbook of policies to support key industries and splurge on … [Read more...] about Big stimulus unlikely as China considers steps to support consumers-sources

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The Great China Unshoring, Retail’s Big Trend For 2023

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin The retail industry’s supply-chain-induced inventory glut may turn out to have been a gift in disguise. Although companies are expected to report subdued annual earnings (the retail year typically ends January 31), diminished by markdowns and logistical costs, the abundance of merchandise may have allowed some breathing room to accelerate investment in reshoring and re-sourcing suppliers. The top goal appears to be the unshoring of China, which established in 2022 that it is no longer a reliable source, given its handling of Covid and the twists and turns of geopolitics and trade skirmishes. A recent surve y by Forbes and Zogby Strategies found that about half of American CEOs whose companies depend on manufacturing to produce and deliver their goods have plans to reshore operations this year. Among the 150 CEOs and decision makers that the researchers track, about 90% expect supply chain disruptions to continue, … [Read more...] about The Great China Unshoring, Retail’s Big Trend For 2023

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Why Customization Is The Next Big Thing In Digital Fashion: Ready Player Me Launches Labs Feature

February 4, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Ready Player Me has launched a new experimental arm called Ready Player Me Labs kicking off with an AI powered avatar creator for unlimited outfit customization. The first Labs release is a new and experimental version of the company's avatar creator that utilizes AI to customize and stylize the textures and prints of avatars outfits that can be shared across social media platforms. Leveraging Dall-E, the platform generates textures and prints based on a user's prompts. The move comes in response to frequent requests by Ready Player Me users. “It’s unrealistic for any brand or creator to cater to the diverse needs and preferences of billions of people in the virtual world,” says Ready Player Me CEO and co-founder Timmu Tõke. “Opening up customization options empowers users to play a role in creating their own assets and shaping their digital identities. We want those using our avatars to feel like they are … [Read more...] about Why Customization Is The Next Big Thing In Digital Fashion: Ready Player Me Launches Labs Feature

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Big Road Schemes Will Be Scrapped, Hints U.K. Department For Transport

February 2, 2023 by www.forbes.com

Share to Twitter Share to Linkedin The U.K. government looks set to scrap many of the large road schemes being planned from 2025. The Department for Transport’s (DfT) top civil servant told MPs yesterday that, for financial reasons, the “headroom for new projects will be very limited.” Dame Bernadette Kelly, Permanent Secretary at the DfT, was grilled by members of the U.K. parliament’s transport committee . There are 32 schemes included in the government’s road investment strategy for 2025 and beyond, known as RIS3. Several schemes could be cut from the program, including the controversial tunnel underneath the Stonehenge ritual landscape. Dame Kelly said that inflationary pressures meant that many large roads projects would likely be delayed until 2030 or beyond. Spending plans for the country’s strategic roads cover five-year periods, with the current program—RIS2—set to end in 2025. “There are schemes in the RIS3 pipeline,” Dame Kelly … [Read more...] about Big Road Schemes Will Be Scrapped, Hints U.K. Department For Transport

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NextEra Energy’s Stock To Likely Rebound After Falling 11% Over Ten Days

February 3, 2023 by www.forbes.com

Share to Twitter Share to Linkedin NextEra Energy Inc. stock (NYSE: NEE), a provider of electricity-related energy services, has declined by 11% over the last ten trading days (two weeks) and currently stands at around $74. Its principal subsidiary, FPL, is a rate-regulated utility engaged primarily in the generation, distribution, transmission, and sale of electric energy. Investors were underwhelmed by NextEra’s results and outlook for 2023. While Q4 operating revenue grew to $6.16 billion (up from $5.05 billion in the year-ago period), it missed analysts’ expectations for $6.3 billion in revenue. However, adjusted earnings grew by 24% year-over-year (y-o-y) to $0.51 per share and were above analyst expectations of $0.49 per share. Looking ahead, the company mentioned that it will continue growing at a healthy rate for a utility, albeit at a slower pace than last year. It anticipates adjusted earnings to rise in the range of $2.98 to $3.13 per share this year, … [Read more...] about NextEra Energy’s Stock To Likely Rebound After Falling 11% Over Ten Days

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‘A Positive Catalyst’—Bitcoin Price Now Poised For A Huge $180 Billion Fed Bombshell

August 6, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Bitcoin BTC has leveled off since its July rally that saw its price convincingly climb over $20,000— even as the market braces for an earthquake that's "getting closer by the day." Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market crash The bitcoin price, still down almost 70% from its all-time high as lawmakers mull bitcoin's future , is still reeling from various crypto industry collapses that have triggered serious warnings some other major cryptocurrencies could fail . Now, the bitcoin and crypto market is closely watching for the next U.S. consumer price index (CPI) print, due Wednesday, which could mean the Federal Reserve scales back its planned interest rate hike at its September meeting. Want to stay ahead of the market and understand the latest crypto news? Sign up now for the free CryptoCodex — A … [Read more...] about ‘A Positive Catalyst’—Bitcoin Price Now Poised For A Huge $180 Billion Fed Bombshell

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