The pay packages of UK-based chief executives have grown faster this year than those of American rivals as British companies race to close the yawning gap. The median pay at FTSE 100 companies that have reported this year has increased 11 per cent to $6.5 million, compared with a 7.5 per cent increase for US…
A decade ago, treating cancer with personalised mRNA vaccines seemed like a US$1 million gamble per patient, a therapy reserved for the ultra-rich. But Chinese biotech start-ups are aiming to change that – by designing cancer therapy for a fraction of the cost and also taking on Western pharmaceutical giants in the process. Beijing-based Likang…
Photo: BING-JHEN HONG (Getty Images) The escalating chip war between the U.S. and China, compounded by a series of retaliatory tariffs, is poised to have far-reaching consequences for the global AI industry. Major AI stocks in the U.S., including Nvidia (NVDA), Super Micro Computer (SMCI), and Advanced Micro Devices (AMD), continued to climb Wednesday. However,…
Hong Kong residents’ willingness in taking the latest Covid-19 vaccine is lower than in Singapore, but higher compared with other Asian markets, according to a new survey by US pharmaceutical giant Moderna, which called on vulnerable groups to get inoculated. Moderna found 52 per cent of Hong Kong respondents said they were willing to get…
Prime Minister Narendra Modi participated in a roundtable with the CEOs of American tech companies including Google and Adobe. In the roundtable anchored by the Massachusetts Institute of Technology (MIT) in New York, Modi focused on fostering collaborations in cutting-edge fields such as semiconductors, artificial intelligence (AI), quantum computing, and biotechnology. He also shared details of his…