Recent market rallies echo August 2024 optimism, with a twist

The Dhaka bourse witnessed a 3.77 per cent leap in its broad index to 5,426 points on August 3, 2024, as investor enthusiasm ran high over anticipated market reforms following the ouster of the previous regime.That marked the biggest single-day gain in more than 43 months, resulting in a whopping...

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Musk's AI chatbot Grok gains US market share

Grok, Elon Musk's AI chatbot, has been gaining ground in the US over the past months, data showed, even as it draws global censure and regulatory scrutiny after being used to generate a wave of non-consensual sexualized images of women and minors, reports Reuters.US market share of the tool rose...

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China biotech licensing boom to hit record in 2026 as pipeline swells

HONG KONG/SHANGHAI, Feb 14 (Reuters): Global drugmakers are stepping up their search for China-developed experimental medicines as they cut costs ahead of patent expirations, with industry analysts predicting licensing deals will surge to a fresh record this year.The value of such deals signed by companies in the greater China region...

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