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Swiss Central Bank Cuts Rates by a Quarter Point in Third Move This Year

Image Source The Swiss National Bank (SNB) on Thursday implemented its third interest rate cut of the year, lowering its key rate by 25 basis points to 1.0%. This decision comes as part of the central bank’s ongoing efforts to... Read More

AstraZeneca Partners with Immunai in AI-Powered Cancer Drug Trial Initiative

Image Source AstraZeneca, a leading global biopharmaceutical company, has entered into a strategic partnership with New York-based biotechnology firm Immunai Inc. The collaboration aims to harness Immunai’s advanced artificial intelligence (AI) model of the immune system to enhance the efficiency... Read More

Apple Supplier Jabil Announces Restructuring, Beats Fourth-Quarter Estimates

Image Source Electronic components manufacturer Jabil Inc. announced its fourth-quarter earnings report on Thursday, surpassing analysts’ expectations while also revealing restructuring plans that include workforce reductions. This dual news led to a surge in premarket trading, with shares rising by... Read More