Africa and Europe can shape a fairer global system

But António Guterres warns this shift will not guarantee stability.  “Multipolarity alone is no guarantee of peace,” he said. Without strong cooperation, it can fuel rivalry rather than balance.  Speaking at a summit between the African Union (AU) – the continent’s political and economic union – and the European Union (EU), the bloc of 27 European states, he […]

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From organic farms to AI chips with a nose: UN summit showcases solutions for transforming the Global South

The “Green Revolution” is believed to have saved millions of lives in India during the 20th century, introducing new scientific techniques that led to a surge in yields, providing food and livelihoods.  But the use of synthetic fertilisers and pesticides came at a huge cost, both to the environment and to health, leading to a […]

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Nokia Commits $4 Billion to US AI Investment in Partnership with the Trump Administration

Finnish telecoms giant Nokia has announced a landmark $4 billion investment in the United States, working in collaboration with President Donald Trump’s administration to expand its research, development, and manufacturing footprint. The move is aimed at accelerating the rollout of AI‑ready network infrastructure, positioning Nokia as a key player in America’s rapidly evolving artificial intelligence […]

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Bayer Stroke Drug Breakthrough Results in €3 Billion Sales Forecast and 8% Stock Surge

Bayer has reported a major clinical trial success for its experimental stroke drug asundexian, a development analysts say could transform the German pharmaceutical giant’s fortunes. Following the announcement, Bayer’s shares surged nearly 9% in European trading, reflecting renewed investor confidence in its pipeline Investing.com Morningstar Invezz EconoTimes Alpha Spread. Trial Success The late‑stage OCEANIC‑STROKE Phase […]

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Industry at the heart of global solutions: Global summit opens in Riyadh

“Industrial development is critical to strengthening economies, fighting poverty, and creating jobs and prosperity,” declared UN Secretary-General António Guterres in his message to the event, delivered by the senior UN official in Saudia Arabia, Mohamed El-Zarkani.  Lifting the burden of poverty  Delegates from governments, private sector and civil society have arrived in the Saudi capital […]

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‘Leave no one behind’: As wealth gap widens, UN calls for new industrial deal for world’s poorest

“First, we need to end the war. Then, we have to restart the factories,” says Basher Abdullah, advisor to Sudan’s Minister of Industry and Trade.   Like many of the world’s poorest countries, Sudan’s attempts to develop its economy are severely hampered by conflict. Yet, even amidst the brutal civil war, the UN Industrial Organization […]

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AI Music Startup Suno Hits $2.45 Billion Valuation After $250 Million Raise

AI music platform Suno has closed a $250 million Series C funding round, catapulting its valuation to $2.45 billion, up from roughly $500 million in 2024. The round was led by Menlo Ventures, with participation from NVIDIA’s NVentures, Lightspeed, Matrix Partners, and Hallwood Media, underscoring investor confidence in the company’s rapid growth and its role […]

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Siemens Energy Commits $2.3 Billion to Global Grid Manufacturing Expansion

Siemens Energy has unveiled plans to invest $2.3 billion (€2 billion) in expanding and modernizing its global manufacturing network for power transformers and high‑voltage switchgear by 2028, underscoring the company’s ambition to strengthen electricity transmission infrastructure as demand surges worldwide ESG News esg-investing.com World Energy. Expanding Grid Capacity The investment will be directed toward new […]

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Victory! Court Ends Dragnet Electricity Surveillance Program in Sacramento

A California judge ordered the end of a dragnet law enforcement program that surveilled the electrical smart meter data of thousands of Sacramento residents. The Sacramento County Superior Court ruled that the surveillance program run by the Sacramento Municipal Utility District (SMUD) and police violated a state privacy statute, which bars the disclosure of residents’ […]

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