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☆ Working remotely opens up a world of possibilities. For three UK professionals, it has been life-changing.
▼ + stars: | 2022-10-25 | by ( Sponsor Post | Created Insider Studios With Hp | ) www.businessinsider.com time to read: +9 min

HP technology powers key products that make hybrid work more productive and collaborative. Here are some UK professionals who are harnessing the benefits of technology to make their work-from-anywhere dream a reality. De La Salle likened Vitoria to a smaller, more manageable Rio de Janeiro. The next step for De La Salle and his team is to trial a four-day working week beginning in January — backed by Oxford and Cambridge Universities. Sensing trouble brewing in the months leading up to the pandemic, Okoroafor started working remotely.

☆ Mohamed El-Erian says don't cheer this rally as the Fed is still grappling with a 'trilemma'
▼ + stars: | 2022-10-24 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Mohamed El-Erian cautioned investors that this stock market rally is driven by the ever-changing expectations in Federal Reserve policy, and it shouldn't have lasting power. El-Erian, Allianz and Gramercy advisor and president of Queens College, Cambridge, said the Fed is dealing with a "trilemma" — growth, inflation and financial stability, and it could be forced to slow down tightening for financial stability concerns. This is because of financial stability. This massive front-loading of rate hikes will break something in the financial markets," EL-Erian said. "So if the Fed does slow, it is because we have financial stability concerns."

☆ Bond yields around the world coming down on growth concerns, says Mohamed El-Erian
▼ + stars: | 2022-10-24 | 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 EmailBond yields around the world coming down on growth concerns, says Mohamed El-ErianMohamed El-Erian, Allianz and Gramercy Advisor and president of Queens College, Cambridge, joins 'Squawk Box' to discuss market activity around the world, financial stability concerns behind the Fed slowdown, and global currency tensions.

☆ BoE's Mann: bond purchases for stability were targeted and temporary
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: 1 min

LONDON, Oct 22 (Reuters) - Bank of England policymaker Catherine Mann said on Saturday that bond purchases by the central bank in the days after the government's "mini-budget" fiscal plan last month to calm financial markets were "very targeted and temporary." "The financial stability approach, the requirements for financial stability was very targeted, and temporary," Mann said during an event organised by the Marshall Society at Cambridge University. The BoE announced it would intervene in Britain's government bond market on Sept. 28 after prices slumped following the announcement of planned tax cuts by former finance minister Kwasi Kwarteng. Its purchase programme ended on Oct. 14. Register now for FREE unlimited access to Reuters.com RegisterReporting by William Schomberg, writing by Muvija MOur Standards: The Thomson Reuters Trust Principles.

☆ Before resigning, Charlie Crist's campaign manager was arrested in domestic violence case
▼ + stars: | 2022-10-21 | by ( Marc Caputo | Marc Caputo Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

MIAMI — The manager of Charlie Crist’s Florida gubernatorial campaign was arrested in a domestic violence case a day before he resigned from the campaign, NBC News has learned. One Democrat familiar with the campaign and the controversy confirmed the arrest, which is why Durrer left the campaign. The day after Durrer's arrest, Crist’s campaign announced that he had resigned, telling reporters that Durrer was departing the campaign three weeks before the election to “focus on a family matter.” Prior to the campaign, Durrer served as Crist's chief of staff in his Florida congressional office in Washington. Prior to Durrer’s arrest, Crist’s campaign was trailing Gov. The state's attorney did not immediately provide NBC News a written copy of the probable cause affidavit, nor did the local police department in Cambridge.

☆ Prime Medicine dipped 10% in its public debut. We dug through the biotech's 283-page filing to find 5 key takeaways about the company's plan to commercialize gene editing.
▼ + stars: | 2022-10-20 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +8 min

The gene-editing biotech Prime Medicine went public on Thursday. From a key patent to an uncertain timeline, here are five takeaways from Prime's filing. Its goal is to advance prime editing, a twist on CRISPR gene editing that could allow for a wider range of edits to DNA. Prime editing, another version of next-generation gene editing, works like a word processor, "searching for the correct location and replacing or repairing a wide variety of target DNA," the filing said. Jessica Rinaldi/The Boston Globe via Getty ImagesDavid Liu, a Harvard gene-editing scientist who co-invented base editing and prime editing, is Prime's largest shareholder.

☆ Regulatory approvals for AbbVie, J&J bolster the Club investment case
▼ + stars: | 2022-10-20 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

The technology platform — called Teligen — was developed by DePuy Synthes, a J & J subsidiary under the medical technology umbrella. J & J said Thursday it expects Teligen to be available in the U.S. later this year. J & J CEO Joaquin Duato, who took over the role earlier this year, has spoken about the complementary nature of the med tech and pharmaceutical divisions. That's where Johnson & Johnson is going to play, in that intersection. We like owning J & J for its defensive characteristics right now, while all three divisions are under the same roof.

☆ Asia hedge fund losses grow in Q3, poised for worst year since 2008
▼ + stars: | 2022-10-19 | by ( Summer Zhen | ) www.reuters.com time to read: +3 min

“It’s a very painful third quarter for (Asia) hedge fund managers’ performance. Repeated lockdowns in many Chinese cities, a risk-off mode ahead of the party congress and geopolitical risks affected market sentiment. The magnitude of central bank policy moves and frequent macro headlines created profitable trading opportunities for macro hedge funds globally, analysts said. The HFRI Asia ex-Japan Index tracks funds that target more than 50% of their investments in the Asia ex-Japan region. Japan-focused hedge funds fared relatively well, with the HFRI Asia index that includes Japan, down just 3.3% in September and 3.9% this year.

☆ The Gandhis: from 'Kennedys of India' to the political wilderness
▼ + stars: | 2022-10-19 | by ( Rhea Mogul | ) edition.cnn.com time to read: +10 min

“The Gandhis today are completely dwarfed and overshadowed by Narendra Modi,” said New Delhi-based political commentator Arati R. Jerath. Bettmann Archive/Getty imagesShe was elected prime minister from 1966 to 1977, and again in 1980. But with the ascendance of a new wave of right-wing politics, their party now lurks in the political wilderness, analysts say. Prime Minister Narendra Modi gives a victory speech after winning India's general election, in New Delhi on May 23, 2019. But it seems unlikely he will ever become prime minister of the country, like his father, grandmother and great-grandfather before him.

The cost of insulin remains a barrier for many Americans with diabetes who depend on the drug, research published Monday suggests. It was the first time that the CDC had included questions about insulin use, though concerns about sky-high insulin prices have been reported for years. Meanwhile, those with public health coverage, such as Medicaid and Medicare, had the lowest rates of rationing. According to the American Diabetes Association, people with type 1 diabetes need, on average, two to three vials per month. He said the "most ambitious" proposal he would like to see in the U.S. is universal health coverage with no copays for consumers.

☆ Insulin: 1.3 million Americans with diabetes rationed their supply in the past year, study finds
▼ + stars: | 2022-10-17 | by ( Naomi Thomas | ) edition.cnn.com time to read: +10 min

They looked at how commonly these people rationed insulin because of how much it cost. “What we found was that nationwide, about 1.3 million Americans with diabetes rationed insulin annually, and that’s about 16.5% of all those people who use insulin,” Gaffney said. Although there’s no known way to prevent type 1 diabetes, type 2 can be prevented or delayed with healthy lifestyle changes, including losing weight and being active. Her own research into a single diabetes center found high rates of insulin rationing. T1 International is led by people with type 1 diabetes who support local communities, giving them the tools they need to access insulin and diabetes supplies.

☆ A Tudor-tinged library at Cambridge University designed to last for 400 years has been crowned Britain's best new building
▼ + stars: | 2022-10-14 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

A Cambridge University library has been awarded a prestigious prize as Britain's best new building. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyA library at Cambridge University designed to last for 400 years has been named as Britain's best new building. The interior of Magdalene College library. It replaces the "cramped" study spaces from the 17th century Grade I-listed Pepys Library. Nick KaneMagdalene College, one of 31 colleges forming Cambridge University, was founded in 1542 by Lord Audley.

Yet he ultimately carried the can for an unwelcome fiscal plan that roiled bond markets, spooked investors and sparked a major backlash from governing Conservative Party lawmakers. Cutting his visit short, he flew back to London on Friday to "continue work at pace" for a medium-term fiscal plan due at the end of the month. Nor were further moves to re-embrace Treasury orthodoxy through the choice of Scholar's replacement and a decision to bring forward a medium-term fiscal plan and forecasts. In a reply to Kwarteng, Truss said she was deeply sorry to lose a long-standing friend from government. But a finance minister being ditched so quickly for his policies - especially when they were so closely aligned with the prime minister - is unprecedented in modern times.

"The chancellor will come to the despatch box," he said when asked by Sky News whether the corporation tax plan would definitely stay. Newspapers reported that some lawmakers who never wanted Truss to replace Boris Johnson as leader in the first place already wanted her out. "I think that changing the leadership would be a disastrously bad idea, not just politically but also economically, and we are absolutely going to stay focused on growing the economy," Cleverly said of Truss. But a fire-sale in the government bond market has driven up borrowing costs and mortgage rates and forced the Bank of England to intervene to protect pension funds. read moreMeanwhile, as Truss battled with the turmoil, she met King Charles for a weekly audience at Buckingham Palace between monarch and prime minister on Wednesday.

Saudi Crown Prince Mohammed bin Salman receives U.S. President Joe Biden at Al Salman Palace upon his arrival in Jeddah, Saudi Arabia, July 15, 2022. Still, the U.S.-Saudi rift is widening as Saudi Crown Prince Mohammed bin Salman, widely known as MbS, flags his country's -- and his own -- importance on the world stage. "He has made a great effort since day 1 to signal to the U.S. that he wants excellent ties. Prince Mohammed, the kingdom's de facto ruler, is aware of Riyadh's oil market power and position as a counterweight to Iran, and may stand firm in the face of U.S. criticism. It says it faces a threat from Iran and its proxies, especially after 2019 attacks that temporarily hit Saudi oil output and shook energy markets.

☆ Medical-imaging startup NVision says its quantum tech is a big step forward for catching cancerous tumors. Check out the 18-slide deck used to raise a $17 million grant.
▼ + stars: | 2022-10-12 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Ulm-based NVision uses quantum tech to enable MRI scanners to analyse tumors at tissue level. The startup has partnered with Siemens to use its medical-imaging technology for cancer treatments. It secured a $17 million grant from the German government using this 18-slide pitch deck. Currently, MRI scanners can only conduct imaging at an anatomical level. "We know that with cancer, tumors have different metabolisms, and this is how they keep themselves alive," said CEO Sella Brosh.

☆ CRISPR pioneer Feng Zhang is building a secretive new startup to solve gene-editing's biggest problem — getting into more parts of the body
▼ + stars: | 2022-10-12 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +6 min

CRISPR pioneer Feng Zhang is building a new gene-editing startup, Insider has learned. CRISPR pioneer Feng Zhang is in the process of launching yet another ambitious gene-editing startup, backed by approximately $200 million from some of biotech's biggest investors, Insider has exclusively learned. Aera was incorporated in September 2021, shortly after Zhang's research was published in Science. Aera is at least the seventh startup Zhang has cofounded, joining a list that includes base-editing biotech Beam Therapeutics, CRISPR company Editas Medicine, and gene-editing startup Arbor Biotechnologies. While the ARC protein seems tailored for brain delivery, Zhang's suite of proteins could reach other organs, Shepherd said.

☆ Moderna and Merck will jointly develop a cancer vaccine for high-risk melanoma patients
▼ + stars: | 2022-10-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Moderna this week started testingModerna and Merck will jointly develop and sell a cancer vaccine that is personalized for individual patients, the companies announced on Wednesday. Moderna's vaccine, based on its messenger RNA technology, is being studied in combination with Merck's Keytruda to treat patients with high-risk melanoma, the deadliest form of skin cancer, in a phase 2 trial. Moderna's vaccine is designed to trigger the immune system to deploy killer T cells that target the specific mutations of a patient's tumors. The companies originally entered the agreement in 2016, but Merck is now exercising its option through a $250 million payment to Moderna. Moderna expects $21 billion in Covid vaccine sales this year as it rolls out new booster shots that target the omicron variant.

☆ Gene-editing companies are growing thanks to fast-paced science, even as biotech faces a downturn
▼ + stars: | 2022-10-12 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +8 min

CRISPR companies are faring better by producing faster and more dramatic clinical results. A layoff tracker from Fierce Biotech counts at least 90 drug companies that have laid off staff in 2022. Gene-editing biotechs have avoided the brunt of the downturn because of fast clinical successIntellia Therapeutics is developing CRISPR-based gene-editing medicines that could cure diseases. Just in the past month, CRISPR Therapeutics moved into a swanky new headquarters in Boston that can house up to 1,000 people. BeamTo be sure, 2022 hasn't been smooth sailing for the CRISPR companies.

☆ Netflix is going to start revealing how many people watch its shows — in the UK at least
▼ + stars: | 2022-10-12 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Netflix will begin sharing audience viewing figures in the UK, pitting it against the BBC. The move comes alongside the launch of an ad-supported tier and increased regulatory scrutiny. Netflix will give viewing figures to the body, allowing it to be compared with UK channels from the BBC, ITV, Channel 4, and satellite broadcaster Sky. Netflix has closely guarded the audience figures for most of its programs, but does reveal the 10 most popular shows each week by hours viewed. The UK figures will show the total number of views for Netflix programs, as well as audience share and average daily minutes.

☆ The Fed's September minutes fail to address challenges to financial stability, says Mohamed El-Erian
▼ + stars: | 2022-10-12 | 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 EmailThe Fed's September minutes fail to address challenges to financial stability, says Mohamed El-ErianMohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, joins 'Closing Bell' to discuss problematic market outlook for economic growth, the potential need for the market to price in liquidity risk, and general remarks following the September Fed meeting minutes.

LONDON, Oct 7 (Reuters Breakingviews) - For Masayoshi Son the biggest question is not where to list Arm, but when. Son is leaning towards listing Arm in the United States, home of big tech companies like Apple (AAPL.O) and Tesla (TSLA.O). One option would be for Arm to list in London while offering American Depositary Receipts to U.S. investors. Take a selection of U.S. and European chip companies which play different roles across the supply chain: Nvidia, Advanced Micro Devices , Intel (INTC.O), Rambus (RMBS.O) and ASML (ASML.AS). Son said there were also requests to list Arm in London without elaborating on where they came from.

☆ September job gains affirm that the Fed has a long way to go in inflation fight
▼ + stars: | 2022-10-07 | by ( Jeff Cox | ) www.cnbc.com time to read: +7 min

But a surprising drop in the unemployment rate and another boost in worker wages sent a clear message to markets that more giant interest rate hikes are on the way. Everybody who seems to want a job is getting a job," said Ron Hetrick, senior economist at labor force data provider Lightcast. "But we've been getting into a situation where our low unemployment rate has absolutely been a significant driver of our inflation." A series of central bank rate increases has been aimed at reducing demand and thus loosening up a labor market where there are still 1.7 open jobs for every available worker. It all makes the inflation fight look ongoing, even with a slowdown in payroll growth.

☆ Why Celeste Ng's new book places an Asian American mom in the eye of a social justice movement
▼ + stars: | 2022-10-05 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +6 min

For the author, it was critical to place Miu, an Asian American mother and fugitive poet, at the forefront of a protest movement in her book. It was, in a way, a nod to the awareness that Asian American women more generally have long had around violence, preceding the rise in anti-Asian hate during the pandemic. Research previously showed that 21% to 55% of Asian women in the U.S. report having experienced intimate physical and/or sexual violence during their lifetimes, according to the Asian Pacific Institute on Gender-Based Violence. “As an Asian American woman, I feel like I’ve been aware of the possibility of violence for most of my life. “In the case of PACT, it’s the idea that there’s a right way to be American,” Ng said.

☆ Mohamed El-Erian says the relentless rise in yields is driving the direction of stocks and markets desperately need stabilization
▼ + stars: | 2022-09-29 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

The spike in Treasury yields is holding sway over other markets, Mohamed El-Erian said Wednesday. The 2-year and 10-year Treasury yields hit multi-year highs this week. So depending on what yields do, everything else follows and what we need desperately is a stabilization of yields. This week, the 10-year Treasury yield rose to 4% for the first time since 2010, and the 2-year Treasury yield climbed past 4.35% for the first time since 2007. There's technical damage taking shape in the markets, and El-Erian said he's been hearing complaints about liquidity.

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