Novavax, a once struggling vaccine maker, saw its shares soar by as much as 50% following a transformative multibillion-dollar deal with French drugmaker Sanofi. The innovative licensing agreement not only doubled Novavax’s stock value but also eliminated its previous “going concern” warning, signifying a significant shift in the company’s trajectory. This groundbreaking deal has injected
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Mudrex, a cryptocurrency investment platform founded by Indian entrepreneurs, has recently announced a partnership with tax computing platform ClearTax. This partnership aims to streamline the tax reporting process for Indian crypto investors and ensure compliance with the country’s tax regulations. With the increasing scrutiny on crypto transactions in India, it has become crucial for investors
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China’s economic data revealed a mixed bag of results in April. While the consumer price index exceeded expectations with a 0.3% year-on-year increase, the producer price index fell by 2.5%, which was more than the estimated 2.3% drop. These numbers indicate a complex economic landscape in China, with potential implications for global markets. Looking ahead,
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