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Patients Regain Much Weight After Stopping New Obesity Drug: Study

INTERNATIONAL BUSINESS TIMES NEWSLETTER SIGNUP My account Log Out Dec 11, 8:21 PM EST World U.S. Economy & Markets Companies Technology Digital Life Culture Sports Crypto Opinion NEWSLETTER My account Log Out US Edition World U.S. Economy & Markets Companies Technology Digital Life Culture Sports Crypto Opinion Listings & More Spotlight Glossary SMB Forum Glossary K-Wave CEO Spotlight Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States NEWSLETTER Follow Us Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States Business…

Aussie dollar marks 40 years of resilience and China reliance

The float of the Australian dollar 40 years ago today forged a shock absorber that helped the country weather decades of economic turbulence and to punch above its weight in global financial markets. It may have been a tumultuous ride for what’s now one of the world’s most-traded currencies, but the highs and lows over four decades have shielded the resources-reliant economy from inflation pressures following commodity booms and helped boost exports during times of global crisis. During the glory days of the mining investment boom, the Aussie traded above $US1.10. Credit: Bloomberg Gone are the glory days of 2011 when the currency…

COP28 Climate Funds Pledge Tracker

Keep track with COP28 pledges to UN funds that help developing countries reduce greenhouse emissions and address the impacts of climate change. Debates about funding are always a major feature of UN climate negotiations. The big injustice of the climate crisis is that the poorest and most vulnerable communities, who have done the least to cause the problem, are hit first and worst by the impacts. In an effort to help address this, governments meeting as the Conference of the Parties (COPs) to the UN climate convention have created a number of multilateral funds that pool contributions from many contributors and provide dedicated…

Electric Air Taxi Company Sets Sights on Georgia Base

(TNS) — It’s a stake laid down on the idea that a small town in Newton County can help build its future by manufacturing electric aircraft to whisk commuters above the traffic of busy cities. Santa Clara, California,-based electric aircraft developer Archer Aviation announced last year plans to build a manufacturing facility in Covington with hundreds of jobs. None of this is certain yet. As work on the concrete pads begins, it’s yet to be seen how the new electric air taxi industry that Archer envisions may develop, and how that could transform the town of Covington with a population of about 15,000. Still, state and local…

2023 Layoff Tracker: Hasbro Cuts 1,100 Employees

Topline Toy manufacturer Hasbro will cut 1,100 employees, according to an released Monday, making it the latest major U.S. company to reduce its head count this year (see Forbes’ layoff tracker from earlier this year ). Hasbro, the maker of Monopoly, is reportedly cutting 1,100 employees. Timeline Hasbro, which already cut this year, will cut another 1,100 of its roughly 6,500 employees, CEO Chris Cocks said in an employee memo shared with Forbes, telling employees the “market headwinds we anticipated have proven to be stronger and more persistent than planned.” is planning to cut approximately 1,500 employees at the start of 2024,…