32d ago

WHO approves first mpox diagnostic test

The WHO has approved Abbott Laboratories' mpox diagnostic test for emergency use, marking a key step in boosting testing in outbreak-hit countries. The real-time PCR test detects mpox virus DNA from skin swabs, with more tests under review to increase diagnostic availability worldwide.

32d ago

Resilient Turkish inflation tempers rate cut expectations

Turkish annual inflation dropped to 49.38% in September, but a higher-than-expected monthly rate of nearly 3% raised caution from the central bank. With the policy rate now above annual CPI, analysts predict interest rate cuts may not begin until next year despite earlier expectations.

33d ago

What is Marburg virus, and how worrying is it?

Rwanda is facing its first-ever outbreak of the deadly Marburg virus, with 36 cases and 11 deaths reported. WHO has classified the risk as very high in Rwanda and high across the African region. Marburg, related to Ebola, has a fatality rate that can reach 88% in severe cases.

33d ago

Oil climbs on prospects of wider Middle East war

Oil prices rose on Thursday amid concerns that escalating Middle East tensions could disrupt crude supplies, though strong global supply capped gains. Brent crude hit $75.31, with fears growing over potential Israeli strikes on Iran. Rising U.S. inventories suggest the market remains well supplied.

33d ago

OpenAI gets US$6.6 billion in new funding

OpenAI has secured $6.6 billion in funding, potentially valuing the company at $157 billion. Despite recent leadership changes, investor confidence remains strong, with projections of $3.6 billion in revenue this year and expectations for significant growth ahead.