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☆ BlackRock unveils active fund that aims to track changing AI trade over time
▼ + stars: | 2024-10-22 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Tony Kim, head of the fundamental equities technology group at BlackRock , is helming a new AI-focused fund launching on Tuesday. The top holdings in the ETF at launch are some of biggest names in the AI trade, including Nvidia and Microsoft . The AI Trade The excitement around the AI trade may have recently lost some of its luster for short-term traders. The valuations of some of the trendy AI stocks have also been a worry for some investors since AI took off with the introduction of ChatGPT in late 2022 . BlackRock is launching a similar fund in an ETF wrapper on Tuesday, the iShares Technology Opportunities Active ETF (TEK), with Kim as one of the managers.

Persons: Tony Kim, Kim, What's, —, TEK Organizations: BlackRock, Innovation, Tech, ETF, Nvidia, Microsoft, Astera Labs, Hitachi, Nasdaq, Apple, BlackRock Technology, Fund, BAI Locations: BlackRock

☆ Fact Check: Fact Check: FDA is not replacing salt with 'mRNA’ salt substitutes
▼ + stars: | 2023-10-10 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

Now he is trying to replace organic salt with a mRNA chemical laced inorganic synthetic salt substitute actually produced by the man himself Bill gates. Other ingredients in Morton salt substitute include fumaric acid, monocalcium phosphate and silicon dioxide. MRNA NOT AN INGREDIENTThe claim that common salt is being replaced with a “mRNA chemical laced inorganic synthetic salt substitute” is misleading. “In terms of how chemists use the words ‘organic’ and ‘inorganic’, both table salt (sodium chloride) and potassium chloride would be inorganic compounds as they lack carbon atoms." The FDA is not replacing salt with “mRNA fake salt.”This article was produced by the Reuters Fact Check team.

Persons: Bill Gates, Bill, ”, Morton, Christopher Simmons, Davis, ” Simmons, Melinda Gates, Gates, Vinod Khosla’s, Morton Salt, Read Organizations: U.S, Food, Drug Administration, Microsoft, Twitter, People’s, FDA, Gates, Reuters, Food Science, Technology, University of California, Melinda Gates Foundation, Khosla Ventures, Thomson

☆ The story behind this playful rooftop portrait
▼ + stars: | 2023-06-09 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +8 min

Hong Kong’s humidity – already oppressive – was intensified in the dark, maze-like alleyways of an unruly enclave known as Kowloon Walled City. Greg Girard, courtesy of Blue Lotus GalleryA ‘strange, vertical village’Girard first visited Kowloon Walled City in 1986 while on a shoot at the nearby airport. As such, the Walled City remained technically subject to Chinese rule, though this was never enforced. The site of the Walled City has since been transformed into a public park, which opened in 1995. Ongoing interest in the Walled City is, Girard suggests, because of the spirit it encapsulates: the aptitude for survival even in the harshest of circumstances.

Persons: –, Greg Girard, wasn’t, ” Girard, ”, Girard, Greg Girard ., ’ Girard, “, Ian Lambot, Lambot, Girard — Organizations: CNN, Kai Tek International, Lotus Locations: Hong, Kowloon Walled City, Walled City, Walled, Tung, Hong Kong, British, ”, “, City, Girard

Palm oil prices have fallen some 49% from last year's record, but the tight supply means they are expected to stay above pre-pandemic levels. Another palm oil giant, Kuala Lumpur Kepong Bhd (KLKK.KL), told Reuters it plans to replant 10,000 hectares this year, up from a lower-than-usual 6,000 hectares in 2022. The scheme targeted replanting of 2.4 million hectares but only managed to replant around 278,000 hectares by February, partly due to land legality issues. We are ageing faster than we are replanting," Malaysia Palm Oil Association chief executive Joseph Tek told Reuters. In Malaysia, replanting costs doubled to around $4,500 per hectare after the pandemic inflated prices of fertiliser and labour.

☆ Maker of promising Alzheimer's drug Leqembi expects full FDA approval this summer, expanded Medicare coverage
▼ + stars: | 2023-02-17 | by ( Spencer Kimball | ) www.cnbc.com time to read: +7 min

Early Alzheimer's typically hits people ages 65 and older, causing cognitive impairment and other issues. Medicare beneficiaries who agree to participate in CMS-backed research studies, which are broader than clinical trials, would get coverage if Leqembi receives full approval. Drug rollout will take yearsIf everything goes according to Eisai's expectations, the FDA would grant full approval and CMS would provide unrestricted coverage of Leqembi. In that scenario, Eisai anticipates that about 100,000 diagnosed early Alzheimer's patients will be eligible by year three of the drug's rollout. Private insurers are largely waiting for a CMS coverage decision though some may decide to make their coverage decisions earlier, he said.

☆ No hope of any survivors in Nepal's deadliest crash in 30 years, officials say
▼ + stars: | 2023-01-18 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

[1/3] Family members mourn the death of a victim of the plane crash of a Yeti Airlines operated aircraft, in Pokhara, Nepal January 17, 2023. REUTERS/Rohit GiriKATHMANDU, Jan 18 (Reuters) - Officials in Nepal said on Wednesday there was no chance of finding any survivors of the country's deadliest plane crash in 30 years, but workers will continue to search for the remains of the last missing passenger. The search for the last one will continue," Tek Bahadur K.C., a top district official in Pokhara, said on Wednesday. "Until the hospital tests show all 72 bodies, we’ll continue to search for the last person," Ajay K.C said. Search teams found 68 bodies on the day of the crash, and two more were recovered on Monday before the search was called off.

☆ Pakistan's ex-premier Imran Khan set to march on Islamabad to demand snap polls
▼ + stars: | 2022-10-28 | by ( Mubasher Bukhari | ) www.reuters.com time to read: +4 min

LAHORE, Pakistan Oct 28 (Reuters) - Pakistan's former prime minister Imran Khan gathered hundreds of supporters in the eastern city of Lahore on Friday to join a caravan of cars and trucks heading for the capital Islamabad to pressure the government into calling snap polls. Khan plans to lead the motorised caravan slowly northwards up the Grand Trunk Road to Islamabad, drawing more support along the way before entering the capital in a week. DONE THIS BEFOREThe growing crowd of Khan supporters in Lahore chanted slogans including “Imran Tere Jannisar, Beshumar, Beshumar", meaning "Imran, countless people are willing to give their life for you". As Khan's supporters assembled in Lahore, large numbers of police were deployed along the 260-kilometres (160-mile) route to Islamabad. Having once been regarded as close to the generals, Khan has accused the military of supporting his opponents move to oust him.

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