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Taiwan fines Foxconn for unauthorised China investment
  + stars: | 2023-01-19 | by ( ) www.reuters.com   time to read: +2 min
TAIPEI, Jan 19 (Reuters) - Taiwan on Thursday fined Foxconn (2317.TW) T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm, but said the Taiwanese iPhone assembler had cooperated in the case and so received a lesser punishment. Taiwan, which Beijing views as sovereign Chinese territory, has kept a wary eye on China's ambition to boost its semiconductor industry and is tightening legislation to prevent what it says is China stealing its chip technology. The Tsinghua Unigroup did not immediately respond to a request for comment. The ministry said Foxconn has committed to continue to invest in Taiwan this year and next and the ministry's Investment Commission will "require the company to implement its commitments". Taiwan prohibits companies from building their most advanced foundries in China to ensure they do not site their best technology offshore.
The Library of Congress named Medina the national ambassador for young people’s literature for 2023-24. Meg Medina. Medina is taking on the job in a political uproar over literature aimed at young people and in school libraries, largely with LGBTQ themes and characters. But to Medina's daughter, whose first language is English, the word means “story me,” said Medina, who now lives in Richmond, Virginia. She knew little about American literature, but she bought Medina the World Book Encyclopedia, on installment, and took her to the library.
HONG KONG, Jan 18 (Reuters) - China will soon launch a state-backed platform for transport which includes services of ride-hailing, cargo trucking, road transport, railway, ferry and flight services, Chinese state media Beijing Daily reported on Wednesday. China's ride-hailing market was dominated by Didi Global which ran afoul of powerful regulator the Cyberspace Administration of China in 2021. The 18-month ban on the ride-hailer was lifted on Monday after the company took effective measures to ensure platform safety and data security. The state-backed platform, called "Qiang Guo Jiao Tong" - or "Powerful Nation's Transportation" - will offer people convenient services while maintaining data security and protecting personal privacy, Beijing Daily reported. Other social media apps such as Wechat, Alipay and Douyin will be integrated into the platform, the report added.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailModerna's phase three RSV trial found to be 83.7% effective in older adultsCNBC's Meg Tirrell joins 'Closing Bell' to discuss Moderna's phase three trial results for its RSV vaccine, the decision to submit the vaccine for regulatory review and the competitive landscape for RSV vaccines.
Those years can go by quickly, but they can also be some of the most significant of your life. Steve Adcock leveraged his 20s to achieve his dream of retiring early and traveling across the U.S. with his wife, Courtney. In 2016, he and Courtney retired at 35 and 33, respectively, after accumulating about $870,000 working in information technology. Adcock credits much of his success to smart habits he adopted in his 20s. Here, Adcock shares the three habits all 20-somethings need to enjoy a long, prosperous life:
Air New Zealand poked fun at an anecdote in Prince Harry's "Spare" in a tweet on Thursday. In his memoir, Harry recalled Meghan Markle booking a ticket for her father with the airline in 2018. On Thursday, Air New Zealand took the opportunity to poke fun at the anecdote from the Duke of Sussex's controversial book with a tweet. —Air New Zealand ✈️ (@FlyAirNZ) January 12, 2023Twitter users shared their opinion on the airline's social media move. Since resigning from their Royal Family duties in 2020, Harry and Meghan moved to the US and began opening up about their experiences in interviews, a Netflix docuseries, and most recently, Harry's memoir.
Here are facts that "Jaws," "Finding Nemo," and "The Meg" got wrong — and one that's right. NOAA fisheriesIt's those scales that make the shark nose the wrong target for a sucker punch. When Dory hits her nose, her blood goes straight into the shark's nose. So "Finding Nemo" hit the nail on the head when they showed blood actually going into the shark's nose, she said. Gerard Soury/Getty ImagesSharks in "Finding Nemo" might want to fight their urges to eat fish, but it's not in their nature.
According to people on Quora and Reddit threads, how you spend your 20s affects your later years. If you follow their tips, you could have a better chance of living without regret once you hit your 40s. "The brain caps off its second and last growth spurt in your 20s as it rewires itself for adulthood," she said in her Ted Talk. Insider checked out Quora and Reddit threads and highlighted some of our favorite insights about maximizing your youth. Here are the best tips on how to spend your 20s so you don't live in regret later.
Regeneron CEO on the prospects for its eye drug Eylea
  + stars: | 2023-01-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegeneron CEO on the prospects for its eye drug EyleaCNBC's Meg Tirrell sits down with Regeneron CEO Len Schleifer to discuss the company's future, next-gen COVID antibody drug, and more.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNovartis generated $40 billion in innovative medicine sales, says CEOCNBC's Meg Tirrell sits down with Dr. Vas Narasimhan, CEO of Novartis International on drug development and future of the company.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCMS limiting coverage of Alzheimer's drug not a 'fixed' policy, says FDA's Robert CaliffCNBC's Meg Tirrell and Dr. Robert Califf, FDA commissioner, joins 'Power Lunch' to discuss Biogen's Alzheimer's drug and the health care sector.
Berkshire Hathaway sells 1.1 mln H-shares in China's BYD
  + stars: | 2023-01-09 | by ( ) www.reuters.com   time to read: 1 min
HONG KONG, Jan 9 (Reuters) - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.058 million Hong Kong-listed shares of electric vehicle maker BYD at an average price of HK$191.44 ($24.52) per share, a stock exchange filing showed. The sale lowered Berkshire's holdings in BYD's total issued H-shares to 13.97% on Jan. 3 from 14.06%, a filing to the Hong Kong Stock Exchange showed on Monday. ($1 = 7.8068 Hong Kong dollars)Reporting by Meg Shen; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Watch CNBC's full interview with Moderna CEO Stephane Bancel
  + stars: | 2023-01-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Moderna CEO Stephane BancelCNBC’s Meg Tirrell joins ‘Closing Bell’ to talk with Moderna CEO Stephane Bancel about the company’s Covid vaccine sales in 2022 and his projections for 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPfizer CEO: 2022 was one of the most successful years in our corporate historyCNBC's Meg Tirrell sits down with Pfizer CEO Albert Bourla to discuss the Covid crisis and Pfizer's future in producing 19 new products in the next 18 months.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are in discussion with the Chinese government over the Covid vaccine, says Moderna CEOCNBC’s Meg Tirrell joins ‘Closing Bell’ to talk with Moderna CEO Stephane Bancel about the company’s Covid vaccine sales in 2022 and his projections for 2023.
FDA approves Biogen's Alzheimer's drug
  + stars: | 2023-01-06 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFDA approves Biogen's Alzheimer's drugCNBC's Meg Tirrell reports on Biogen and the company receiving FDA approval for an Alzheimer's treatment.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlzheimer's drug decision day: FDA to decide on Biogen and Eisai treatmentsCNBC's Meg Tirrell joins 'Squawk Box' to discuss the big day ahead for Alzheimer's medicine.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Exclusive: Eisai U.S. CEO on Alzheimer's drug approvalCNBC's Meg Tirrell talks to Ivan Cheung, Eisai U.S. CEO on the company's Alzheimer's drug receiving approval from the FDA today. With CNBC's Tyler Mathisen and the Fast Money traders, Tim Seymour, Bonawyn Eison, Steve Grasso and Jeff Mills.
China to open border with Hong Kong on Sunday
  + stars: | 2023-01-05 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A general view of village houses at Hong Kong border facing the skyscrapers in Shenzhen, in Hong Kong, China, December 14, 2021. Hong Kong closely followed China's tough zero-COVID policy until the middle of 2022 when it began to ease some of restrictions. China will no longer require people to present COVID tests upon arrival in the mainland from Hong Kong, while China will issue special tourism and business visas for mainland residents to visit Hong Kong from Jan. 8, the office said. China will also increase flights between the mainland, Hong Kong and Macau, it said. Reporting by the Beijing newsroom, Farah Master and Meg Shen in Hong Kong ; Editing by Himani Sarkar and Robert BirselOur Standards: The Thomson Reuters Trust Principles.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew Covid variant XBB.1.5 is the most transmissible subvariant that has been detected yet, says WHOCNBC's Meg Tirrell joins 'The Exchange' to repot on China's covid cases, the omicron variant currently spreading and what it could mean for both China and global markets.
BEIJING, Dec 27 (Reuters) - China will step up financial support to small and private businesses in the catering and tourism sectors that were hit hard by the COVID-19 epidemic, the country's banking and insurance regulator said in a statement on Tuesday. Contact-intensive services sector suffered the most amid China's anti-virus curbs which shut many restaurants down and restricted tourists' travels. "The recovery and expansion of consumption will be a priority," China Banking and Insurance Regulatory Commission (CBIRC) said in the statement. China will also step up financial support for private investment and private enterprises, the regulator added. Amid protracted weakness in the property sector, the CBIRC pledged to satisfy reasonable financing needs and to improve leading developers' balance sheets.
[1/2] The BioNTech logo is seen at the booth of Fosun Pharmaceutical (Group) at the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 3, 2021. REUTERS/Florence LoHONG KONG, Dec 27 (Reuters) - China's Shanghai Fosun Pharmaceutical Group (600196.SS) said users of its mobile health app in China can now register to take COVID-19 booster shots in Hong Kong using BioNTech's (22UAy.DE) vaccine. BioNTech and its partner for China - Fosun - were granted approval for their COVID-19 vaccine that is adapted for the BA.4 and the BA.5 subvariants of Omicron for people aged 12 and older in Hong Kong, the German company said on Dec. 23. The vaccine is the first and currently only variant-adapted vaccine available as a booster dose for individuals 12 years and older that has been granted approval in Hong Kong, BioNTech said at the time. A shipment of BioNTech COVID-19 vaccines meant for German nationals in China arrived at the German embassy in Beijing last week as cases in China soared after policymakers dropped nearly all of previous epidemic control protocols.
Take a page from the super-wealthy and successful by reading the books they wrote. Insider compiled a list of 30 books to help you learn how billionaires found success. The list includes "Shoe Dog" by Nike's Phil Knight and "Onward" by ex-Starbucks CEO Howard Schultz. Whether they want to launch an empire or become the best in their field, there's no better resource than books by people they aspire to be. Whether you or someone you know has set a goal to become a billionaire in the next year, these 30 books can provide some insight and lessons to what it's like to be at the top.
A jury found rapper Tory Lanez guilty Friday of all charges in the 2020 shooting of Megan Thee Stallion outside a Los Angeles party. Tory Lanez, Megan Thee Stallion. APIn a statement following the verdict, Los Angeles County District Attorney George Gascón commended Megan Thee Stallion for her "bravery." Alex Spiro, an attorney for Megan Thee Stallion, said in a statement, "The jury got it right. In her testimony, Megan Thee Stallion said Lanez offered her $1 million to keep quiet about the shooting.
Dec 23 (Reuters) - Daystar Peterson, the Canadian rapper known as Tory Lanez, was found guilty by a Los Angeles jury on Friday of shooting fellow artist Megan Thee Stallion in both of her feet after an argument in 2020, prosecutors said. A lawyer for Megan Thee Stallion said after the verdict: "The jury got it right. Megan Thee Stallion, whose real name is Megan Pete, needed surgery to remove bullet fragments in her feet, CBS News quoted her as saying. Megan Thee Stallion was not present in court on Friday. "You (Megan Thee Stallion) showed incredible courage and vulnerability with your testimony despite repeated and grotesque attacks you did not deserve.
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