Business

Pharmaceutical firms are turning to AI to find new molecules that might be able to tackle disease. Source link

Reuters U.S. flag and TikTok logo are seen in this illustration taken January 8, 2025. TikTok will appear before the US Supreme Court on Friday in a last-ditch effort to overturn a ban, in a case testing the limits of national security and free speech. The popular social media platform is challenging a law passed last year ordering the firm …

Lloyds, Halifax, and Bank of Scotland customers will be able to use services in any branch of the three brands as part of the group’s latest network shake-up. Lloyds Banking Group, which owns all three banking brands and is the UK’s biggest moneylender, said the move would give customers more choice and flexibility. It has not confirmed a date for …

The Los Angeles wildfires are on track to be among the costliest in US history, with losses already expected to exceed more than $50bn (£40bn). In a preliminary estimate, private forecaster Accuweather said it expected losses of between $52bn and $57bn as the blazes rip through an area that is home to some of the most expensive property in the …

NEW DELHI: Mercedes-Benz on Thursday drove in one of India’s most-expensive electric cars, bringing in the green version of its iconic SUV, the G-Class, priced at Rs 3 crore (ex-showroom). The company, which sold nearly 20,000 cars last year at a growth of 12%, said it was already stocked out of the new electric G (G580) and will start taking …

The National Restaurant Association of India (NRAI) has announced that it will file a complaint against food delivery giants Zomato and Swiggy. The authority would be pursuing a legal action against the platforms for attempting to monopolise the market. The move comes in response to the companies’ recent ventures into private labelling and quick commerce food delivery through separate platforms …

NEW DELHI: The All India Bank Officers’ Confederation (AIBOC) has threatened to go on a two-day nationwide strike from 24 to 25 February 2025.The confederation demanded a five-day workweek, sufficient recruitment across all cadres, and the resolution of various long-pending issues.In a statement released on Thursday, AIBOC criticised recent directives from the department of financial services (DFS), claiming they compromise …

PA Media Mick Lynch, head of the country’s largest railway union, has announced his retirement. He became general secretary of the National Union of Rail, Maritime and Transport Workers in 2021, and under his leadership the union staged a series of strikes over pay in 2022 and 2023, culminating in a deal with the new Labour government this summer. Feted …

Getty Images What’s happening in the bond markets? A bond is a bit like an IOU that can be traded in the financial markets. Governments generally spend more than they raise in tax so they borrow money to fill the gap, usually by selling bonds to investors. As well as eventually paying back the value of the bond, governments pay …

NEW DELHI: The micro finance institutions (MFIs) industry in India has witnessed a skyrocketing growth of more than 2,176 per cent in the past 12 years, with its business soaring from Rs 17,264 crore in March 2012 to Rs 3.93 lakh crore as of November 2024. This was highlighted during a meeting chaired by M Nagaraju, secretary of the department …