Author: Sam Allcock

Today, IBM (NYSE: IBM) and the World Wide Fund for Nature – Germany (WWF) announced a collaboration to explore the development of a new solution aimed at enhancing the monitoring of keystone species, beginning with the critically endangered African forest elephant. By combining IBM’s expertise in sustainability and technology with WWF’s extensive experience in wildlife conservation, the new solution will utilise AI-powered visual inspection to improve the tracking of elephants, facilitating the accurate identification of individual elephants from camera trap photos. The objective of this solution is to support key conservation efforts for African forest elephants, which have been shown…

China’s economic slowdown and ongoing deflation are set to create both winners and losers across the global economy, according to a new report by Euromonitor International. Lan Ha, Head of Economic Research at Euromonitor, highlighted that China’s post-pandemic recovery has faltered due to declining export demand and sluggish domestic consumption growth. Despite a projected growth rate of around 5.0% for 2023-2024, this figure falls short of the pre-pandemic average of 7.7% annually from 2010 to 2019. In response to the economic downturn, the People’s Bank of China has cut interest rates twice this year, in June and August. However, additional…

SRSLY Low Carb, a Hertfordshire-based food company, has announced a major distribution deal set to elevate its presence in the US market. The company has signed an exclusivity agreement with Gourmet Foods International (GFI), a leading specialty food distributor headquartered in Decatur, Georgia. This partnership marks a significant step forward for SRSLY, as it aims to introduce its range of healthy, low-carb food products to a broader American audience. Under the new deal, SRSLY Low Carb pizza range will be stocked in Harris Teeter supermarkets, which operates over 250 stores across seven South Atlantic states and Washington, D.C. Harris Teeter…

A landmark German delegation, led by world-renowned stem cell expert Prof. Dato’ Sri Dr. Mike Chan, has concluded a three-day visit to Baoding, China, marking a significant step in international health cooperation. The visit, which took place from 11th to 13th July, was a reciprocal response to an earlier Chinese governmental visit to Germany in June, focused on collaboration in stem cell research, biotechnology, health, and medical education. Prof. Chan, the founder of the European Wellness Biomedical Group (EW Group), stands at the forefront of stem cell research. Under his leadership, the EW Group has become a multi-award-winning organisation pioneering…

As the Paris 2024 Olympic Games came to a close, Team GB once again took centre stage at the Closing Ceremony, proudly donning their official Ben Sherman ceremonial attire. This significant occasion marked the end of two weeks filled with extraordinary sportsmanship, resilience, and achievement, bringing the remarkable Paris 2024 Olympic Games to a close for all athletes involved. Location: Stade de France, Paris, France Athlete Spotlight: Team GB flagbearers Bryony Page (Gymnastics Trampoline; Gold Medallist) and Alex Yee (Triathlon; Gold Medallist) led the procession, illuminated within the Stade de France at the Closing Ceremony. They elegantly embodied a blend…

Nearly 60% of employees believe they’ve been denied promotions due to insufficient digital skills, according to new research by FDM Group. The survey, conducted by Censuswide, highlights a growing concern about the digital skills gap in the UK financial sector, revealing that many workers feel unprepared for the demands of modern roles. The study, which surveyed 250 decision-makers within UK financial institutions and banks, found that 58% of employees think their organisation lacks the resources to effectively train staff. This issue is particularly pronounced among younger employees, with 70% of those aged 18 to 24 feeling especially neglected. Despite a…

The traditional Saturday job, once a staple for young Brits seeking to earn extra cash, appears to be falling out of favour as Generation Z increasingly turns to side hustles. New research from GoDaddy reveals a significant shift in how young people are approaching work and entrepreneurship. The survey, which questioned over 1,000 Gen Z individuals in the UK, finds that 58% of respondents would rather run their own business than work in conventional part-time roles such as those in retail or hospitality. This preference is driven largely by financial concerns, with 69% of Gen Z citing financial security as…

A recent study by the UKG Workforce Institute has underscored the pivotal role that managers play in fostering productive and engaging workplaces. According to the global research, nearly three in four employees (73%) say their manager’s support and leadership directly motivates them to go above and beyond in their roles. However, the study also reveals a concerning level of burnout among managers, who report feeling the strain of their responsibilities more than any other group in the workforce. The research highlights that effective management is crucial to creating a positive work environment. A significant 87% of employees believe their manager…

The National Physical Laboratory (NPL) has inaugurated the first of three cutting-edge Innovation Nodes, designed to accelerate the development of time-critical technologies across the United Kingdom. These nodes, strategically located at the University of Strathclyde, the University of Surrey, and Cranfield University, will play a pivotal role in providing industry and start-ups with secure, reliable, and highly accurate time and frequency data. This infrastructure is essential for the advancement of sectors such as telecommunications, transport, financial technology (fintech), and quantum technologies. The initiative is part of NPL’s National Timing Centre (NTC) programme, the UK’s first nationally distributed time infrastructure. The…

Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (the “Company” or “MindMed”), a clinical-stage biopharmaceutical company developing innovative product candidates to treat brain health disorders, today announced the pricing of an underwritten public offering of 9,285,511 common shares, without par value, at a public offering price of $7.00 per common share. Additionally, to certain investors, the Company is offering pre-funded warrants to purchase 1,428,775 common shares at a price of $6.999 per pre-funded warrant, which represents the per-share public offering price for the common shares, less the $0.001 per share exercise price for each pre-funded warrant. The gross proceeds to MindMed from…