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Bank of England should cut rates to boost consumer spending, says TUC
theguardiantheguardian48d ago

Bank of England should cut rates to boost consumer spending, says TUC

Union analysis finds consumers lag behind international peers as some rate-setters remain anxious about inflationThe Trades Union Congress is urging the Bank of England to cut interest rates and rekindle economic growth, pointing to analysis showing that cash-strapped consumers are lagging their international peers.The Bank’s monetary policy committee voted 5-4 to leave borrowing costs unchanged this month, after six cuts since mid-2024. Continue reading...

#ECONOMY
India-UK have joint sense of enthusiasm for where AI goes: UK AI Minister Kanishka Narayan
theuknews48d ago

India-UK have joint sense of enthusiasm for where AI goes: UK AI Minister Kanishka Narayan

Bengaluru (Karnataka) [India], February 16 (ANI): Kanishka Narayan, UK's AI Minister hailed the close tech ties between India and the United Kingdom and underlined that the recent visits by PM Modi and PM Starmer have further given impetus to the ties cutting across tech to trade.He told ANI how the two countries share a joint vision for the future of AI. 'We have a very joint set of values, joint set of focus a

#TECH
Bitcoin At $8,000? Michael Saylor Says Strategy Still Won’t Break
newsbtc48d ago

Bitcoin At $8,000? Michael Saylor Says Strategy Still Won’t Break

According to Strategy founder Michael Saylor, the company believes it could meet its obligations even if Bitcoin fell sharply, as low as $8,000. That claim is simple to state. The reality behind it is more complex. Related Reading: Urgent Crypto Reform: Treasury Secretary Says The Clock Is Ticking Debt Cushion And What It Means Reports say the firm currently shows about $6 billion in net debt against its crypto holdings. On paper, a steep drop in BTC’s market value could leave reserves roughly in line with that liability. But balance-sheet math is not the whole story. Timing matters. Liquidity windows, market access, and investor reactions can change the practical options available to a firm under pressure. What management calls a “cushion” could be thin in a stressed market. Strategy can withstand a drawdown in $BTC price to $8K and still have sufficient assets to fully cover our debt. pic.twitter.com/vrw4z4Ex9q — Strategy (@Strategy) February 15, 2026 Conversion Plan And Shareholder Tradeoffs The company has a plan to equitize certain convertible notes over the next three to six years. That means debt would be swapped for shares rather than rolled into new senior loans. Reports note this moves some risk to shareholders through dilution, and it stretches out deadlines for cash paydowns. Interest remains payable while the notes exist, so the firm is not free of near-term costs. If markets choke up or the share price weakens dramatically, the terms and outcomes of conversion could change. What looks manageable now can be reshaped by turbulent markets. Our plan is to equitize our convertible debt over the next 3–6 years. https://t.co/yRsCuCRNHl — Michael Saylor (@saylor) February 15, 2026 Buying Into Decline Buying continued. One recent purchase added 1,142 BTC at a time when unrealized losses stood in the multiple billions. That pattern shows confidence, yet it also increases exposure. Accumulation while holding large paper losses amplifies the company’s sensitivity to Bitcoin swings. Market moves can turn that bet into prolonged volatility for the stock. Investors who trade the shares as a proxy for crypto risk know this all too well. CEO Comments And The Longer Run Reports have disclosed remarks from Phong Le suggesting that an 80% decline would take years to materially damage the operating side of the business. That timeline depends on steady access to credit markets and predictable cash flow. Both can be disrupted when asset prices tumble and lenders grow cautious. The company’s stance assumes no sudden freeze in funding channels. Political Pitch And Broader Appeals Saylor has also urged that the US adopt a reserve posture toward Bitcoin similar to how gold is treated, and he pushes for laws that would favor Bitcoin adoption. Those advocacy moves are positioned as long-term efforts to shape policy. Related Reading: XRP Spotlighted In German Media With Bold $9 Projection Political winds can shift. US President Donald Trump and other leaders may have different priorities, and legislation is a slow process. Based on reports, the filing and public comments sketch a path that can technically withstand a deep BTC slump. That path, however, asks shareholders to absorb volatility and possible dilution while hoping markets remain open long enough to convert and adjust. Featured image from Unsplash, chart from TradingView

#COMMODITIES
euronext48d ago

Press Release: Beyfortus study published in The Lancet Infectious Diseases shows benefit for infants beyond first RSV season

Press Release: Beyfortus study published in The Lancet Infectious Diseases shows benefit for infants beyond first RSV season Stocks master_of_puppetsMon 16/02/2026 - 07:00 FR0000120578 FR0000120578 FR0000120578 16/02/2026 - 07:00 Paris Press Release: Beyfortus study published in The Lancet Infectious Diseases shows benefit for infants beyond first RSV season Other subject 1001164816-en GlobeNewswire Sanofi Winthrop Industrie Euronext Published 20103015 Pharmaceuticals XPAR BGEM ETLX Language English Beyfortus study published in The Lancet Infectious Diseases shows benefit for infants beyond first RSV season First study showing that infants immunized against RSV in their first season had fewer RSV hospitalizations in their second season The study also showed a reduction of 85.9% in RSV-related lower respiratory tract infection hospitalizations in the first season Data published in The Lancet Infectious Diseases and to be presented at RSVVW ’26 conference in Rome Paris, February 16, 2026. A universal respiratory syncytial virus (RSV) immunization program using Beyfortus (nirsevimab) was associated with a statistically significant reduction in RSV-related hospitalizations in the second RSV season among infants immunized during their first season, according to a new study published in https://www.thelancet.com/journals/laninf/article/PIIS1473-3099(25)0074...; rel="nofollow" target="_blank">The Lancet Infectious Diseases. The NIRSE-GAL study, conducted in Galicia, Spain, is the first prospective real-world population study to evaluate the impact of a universal Beyfortus immunization program during two consecutive RSV seasons. The study findings, comparing the number of hospitalizations in immunized infants during their second RSV season versus the number of expected hospitalization cases based on data from recent seasons, are being presented at RSVVW ’26 (Respiratory Syncytial Virus Vaccines for the Word) conference in Rome, Italy. The coverage rate was 94.4% among the cohort (11,796 infants out of 12,492 eligible) and the study showed a substantial reduction of 85.9% (95% confidence interval [CI] 80.2–90.0) in RSV-related lower respiratory tract infection (LRTI) hospitalizations during the first season. The study also showed 55.3% (95% CI 22.5-74.3) fewer hospitalizations in the second RSV season among infants who received a dose of Beyfortus during infancy. By preventing severe RSV infections during the first months of life, a critical period of lung development, it is thought the infants may be less prone to subsequent admissions from either RSV or other infections. "This universal RSV immunization program with Beyfortus showed decreased RSV-related hospitalizations and outpatient illness burden during the first season, with persistent impact seen on RSV hospitalizations through the second season,” said Federico Martinón-Torres, Head of Pediatrics at Santiago University Hospital in Spain, and principal investigator of the NIRSE-GAL study. “These results offer compelling population-based data to inform infant immunization strategies and economic evaluation models.” "This study builds upon our wealth of evidence supporting the public health value of a Beyfortus immunization program,” said Thomas Triomphe, Executive Vice President, Vaccines, Sanofi. “It’s exciting to see the significant impact of this infant immunization program during the first RSV season and truly remarkable to consider a benefit across two seasons.” Further findingsThe study also showed reductions in primary care consultations during the first RSV season, including: 30.8% (17.5-41.9) reduction in first consultations for acute bronchitis or bronchiolitis; 33.4% (21.6-43.4) reduction in consultations for lower respiratory tract infections and;27.7% (14.9-38.5) reduction in consultations for wheezing or asthma. Furthermore, rehospitalizations in infants previously hospitalized due to RSV decreased considerably during the second RSV season, with a 78.2% (25.6–93.6) reduction in RSV-related rehospitalizations and a 62.4% (30.9–79.6) reduction in LRTI rehospitalizations. These data support the hypothesis that early protection against RSV-related damage to the lungs may have lasting beneficial effects on respiratory health. About RSVRSV is a highly contagious virus that can lead to serious respiratory illness for infants. It is a leading cause of hospitalization in all infants, with most hospitalizations for RSV occurring in otherwise healthy infants born at term. Older infants born before the RSV season are also at risk of RSV disease and make up around half of infant RSV hospitalizations. Two out of three infants are infected with RSV during their first year of life and almost all children are infected by their second birthday. Globally, in 2019, there were approximately 33 million cases of RSV-associated acute lower respiratory infections leading to more than three million hospitalizations and an estimated 26,300 in-hospital RSV-attributable deaths of children younger than five years. RSV-related direct medical costs, globally — including hospital, outpatient, and follow-up care — were estimated at c.€5 billion in 2017. About BeyfortusBeyfortus (nirsevimab) is the first RSV immunization designed to help protect all infants through their first RSV season, including for those born healthy at term or preterm, and those with health conditions that make them vulnerable to RSV disease. Beyfortus is also approved for children up to 24 months of age who remain vulnerable to severe RSV disease through their second RSV season. With an extended half-life of 71 days, Beyfortus is a long-acting monoclonal antibody for the prevention of RSV lower respiratory tract disease in infants. Administration is timed to coincide with the RSV season and is provided directly to newborns and infants as a single dose. Beyfortus offers rapid protection without requiring activation of the immune system. Along with efficacy and safety demonstrated in clinical studies, the effectiveness of Beyfortus has been evaluated in more than 50 real-world studies, including more than 400,000 infants who were immunized. Since the launch, over 11 million infants have been immunized with Beyfortus across more than 45 countries. About Sanofi Sanofi is an R&D driven, AI-powered biopharma company committed to improving people’s lives and creating compelling growth. We apply our deep understanding of the immune system to invent medicines and vaccines that treat and protect millions of people around the world, with an innovative pipeline that could benefit millions more. Our team is guided by one purpose: we chase the miracles of science to improve people’s lives; this inspires us to drive progress and deliver positive impact for our people and the communities we serve, by addressing the most urgent healthcare, environmental, and societal challenges of our time.Sanofi is listed on EURONEXT: SAN and NASDAQ: SNY Media RelationsSandrine Guendoul | + 33 6 25 09 14 25 | mailto:sandrine.guendoul@sanofi.com" rel="nofollow" target="_blank">sandrine.guendoul@sanofi.com Evan Berland | + 1 215 432 0234 | mailto:evan.berland@sanofi.com" rel="nofollow" target="_blank">evan.berland@sanofi.comLéo Le Bourhis | + 33 6 75 06 43 81 | mailto:leo.lebourhis@sanofi.com" rel="nofollow" target="_blank">leo.lebourhis@sanofi.comVictor Rouault | + 1 617 356 4751 | mailto:victor.rouault@sanofi.com" rel="nofollow" target="_blank">victor.rouault@sanofi.com Léa Ubaldi | +33 6 30 19 66 46 | mailto:lea.ubaldi@sanofi.com" rel="nofollow" target="_blank">lea.ubaldi@sanofi.comTimothy Gilbert | + 1 516 521 2929 | mailto:timothy.gilbert@sanofi.com" rel="nofollow" target="_blank">timothy.gilbert@sanofi.com Ekaterina Pesheva | +1 410 926 6780 | mailto:ekaterina.pesheva@sanofi.com" rel="nofollow" target="_blank">ekaterina.pesheva@sanofi.com Investor RelationsThomas Kudsk Larsen |+ 44 7545 513 693 | mailto:thomas.larsen@sanofi.com" rel="nofollow" target="_blank">thomas.larsen@sanofi.comAlizé Kaisserian | + 33 6 47 04 12 11 | mailto:alize.kaisserian@sanofi.com" rel="nofollow" target="_blank">alize.kaisserian@sanofi.com Keita Browne | + 1 781 249 1766 | mailto:keita.browne@sanofi.com" rel="nofollow" target="_blank">keita.browne@sanofi.com Nathalie Pham | + 33 7 85 93 30 17 | mailto:nathalie.pham@sanofi.com" rel="nofollow" target="_blank">nathalie.pham@sanofi.com Nina Goworek | +1 908 569 7086 | mailto:nina.goworek@sanofi.com" rel="nofollow" target="_blank">nina.goworek@sanofi.com Thibaud Châtelet | + 33 6 80 80 89 90 | mailto:thibaud.chatelet@sanofi.com" rel="nofollow" target="_blank">thibaud.chatelet@sanofi.com Yun Li | +33 6 84 00 90 72 | mailto:yun.li3@sanofi.com" rel="nofollow" target="_blank">yun.li3@sanofi.com Sanofi forward-looking statementThis press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates regarding the marketing and other potential of the product, or regarding potential future revenues from the product. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, and similar expressions. Although Sanofi’s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, unexpected regulatory actions or delays, or government regulation generally, that could affect the availability or commercial potential of the product, the fact that product may not be commercially successful, the uncertainties inherent in research and development, including future clinical data and analysis of existing clinical data relating to the product, including post marketing, unexpected safety, quality or manufacturing issues, competition in general, risks associated with intellectual property and any related future litigation and the ultimate outcome of such litigation, and volatile economic and market conditions, and the impact that global crises may have on us, our customers, suppliers, vendors, and other business partners, and the financial condition of any one of them, as well as on our employees and on the global economy as a whole. The risks and uncertainties also include the uncertainties discussed or identified in the public filings with the SEC and the AMF made by Sanofi, including those listed under “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in Sanofi’s annual report on Form 20-F for the year ended December 31, 2024. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements. All trademarks mentioned in this press release are the property of the Sanofi group. Attachment Press_Releasehttps://ml-eu.globenewswire.com/Resource/Download/017f46ee-f8a3-496e-8a...; https://www.globenewswire.com/newsroom/ti?nf=MTAwMTE2NDgxNiM0MDIzMzI5NT...; /> https://ml-eu.globenewswire.com/media/MDIwNTI4MzMtNzU2Zi00ZTAyLThkNzUtO...; referrerpolicy="no-referrer-when-downgrade" /> SANOFI SANOFI 078526 FR0000120578-XPAR FR0000120578-BGEM FR0000120578-ETLX SAN 1SAN 4SAN

#ECONOMY
China champions internet inclusivity as user base hits 1.125B
coingeek48d ago

China champions internet inclusivity as user base hits 1.125B

China tops the world with 1.125 billion internet users, cementing its role as a dominant force in the global digital economy.The post China champions internet inclusivity as user base hits 1.125B appeared first on CoinGeek.

#CRYPTO
New ZiG Around the Corner
zimeye48d ago

New ZiG Around the Corner

By Business Reporter-The Reserve Bank of Zimbabwe has announced the dates of the launch of the new Zimbabwe Gold (ZiG) ... Continue reading "New ZiG Around the Corner "

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Celebrating Saudi Founding Day 2026 with the Flavours of Italy.
prnewswire_co_uk48d ago

Celebrating Saudi Founding Day 2026 with the Flavours of Italy.

A Perfect Recipe featuring Red Gold from Europe canned Tomatoes for a Special Day NAPOLI, Italy, Feb. 16, 2026 /PRNewswire/ -- As Saudi Arabia celebrates its rich heritage and vibrant future on Founding Day 2026, we invite everyone to enjoy a culinary experience that blends Saudi...

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