NEWS
Eli Lilly agrees to acquire Merida Biosciences for up to $2.88 billion in cash
By Axel Miller | 31 Aug 2026
Eli Lilly will acquire Merida Biosciences for up to $2.875 billion, adding MER511 and a precision antibody-degradation platform to its immunology pipeline.
Government notifies ₹1.27 lakh crore Semicon 2.0 scheme for chip ecosystem
By Cygnus | 31 Aug 2026
India has notified the ₹1.27 lakh crore Semicon 2.0 scheme covering chip fabs, advanced packaging, equipment, materials, design and R&D.
Singapore commits S$220 million to boost fintech innovation and AI adoption
By Axel Miller | 31 Aug 2026
Singapore’s MAS will commit S$220 million over three years under FSTI 4.0 to support fintech innovation, AI adoption and talent development.
Europe awards €387.8 million contract for LUMI-AI supercomputer
By Cygnus | 31 Aug 2026
Europe has awarded Bull a €387.8 million contract to build the AMD-powered LUMI-AI supercomputer in Kajaani, Finland.
Sterling pauses after four-week rally as investors assess Iran sanctions
By Axel Miller | 24 Aug 2026
Sterling pauses after a four-week rally as investors assess US sanctions on Iran and expectations for Bank of England interest rates.
India plans first tokenised bond issue in September with REC pilot
By Cygnus | 24 Aug 2026
India plans its first tokenised corporate bond pilot in September, with REC issuing less than ₹500 crore using wholesale CBDC and DEMAT 2.0.
Europe’s e-waste could boost critical raw material supply
By Axel Miller | 24 Aug 2026
Europe’s e-waste contains critical materials that could strengthen supply security as the EU expands recycling and circular electronics initiatives.
US LNG exports face endurance test as high gas prices bite
By Cygnus | 24 Aug 2026
US LNG exports topped 73 million tonnes in the first seven months of 2026, but prices above $22/MMBtu are testing demand in Europe and Asia.
Xiaomi launches new Xring chip, deepening push into in-house processors
By Axel Miller | 24 Aug 2026
Xiaomi unveils its Xring O3 smartphone processor, set for TSMC’s 3nm process, as it expands in-house chip development and reduces reliance on Qualcomm.
UP-Japan investment meet targets green hydrogen and semiconductors
By Cygnus | 19 Aug 2026
UP-Japan Investment Meet 2026 focuses on green hydrogen, semiconductors and advanced manufacturing, with Japan City and YEIDA investments in focus.
China’s Chery to open UK R&D centre as sales surge
By Axel Miller | 19 Aug 2026
Chery will open an R&D centre at UTAC Millbrook in late 2026 as Chinese car brands gain UK market share and Nissan explores Chery production at Sunderland.
Andhra minister rejects concerns over Vizag data centres’ water use
By Cygnus | 19 Aug 2026
Andhra IT Minister Nara Lokesh says Vizag’s 6.5 GW data-centre ecosystem will need about 3 TMC of water annually, supplied through Polavaram’s industrial allocation.
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