Singapore, Zurich World’s Most Expensive Cities

[ad_1] HONG KONG (Reuters) – Singapore and Zurich tied for the world’s most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over. On average, prices have risen by 7.4% year on year … Read more

Richemont Monitoring Situation at Online Luxury Retailer Farfetch

[ad_1] ZURICH (Reuters) – Cartier-jewellery owner Richemont on Wednesday said it was “carefully monitoring” the situation after Farfetch’s founder said he was considering taking the online luxury retailer private. Richemont, which also owns several Swiss watch brands, said it has no financial obligation to Farfetch and does not envisage lending or investing into the company. … Read more

Turkey Freezes Assets of 82 Organisations, People for Alleged Ties to Kurdish Militants

[ad_1] ANKARA (Reuters) – Turkey froze the local assets of 20 organisations and 62 individuals based in various European countries, Australia and Japan, citing alleged ties with Kurdish militant group PKK, a decision published in the Official Gazette showed on Wednesday. Turkey’s Ministry of Treasury and Finance said the decision was “based on the existence … Read more

Two US Projects Highlight Divide Over Carbon Removal’s Role in Climate Fight

[ad_1] (Reuters) – In Texas, oil and gas producer Occidental Petroleum is constructing a giant facility to suck 500,000 tonnes of carbon dioxide out of the atmosphere annually to keep it from warming the climate, a project backed by hundreds of millions of dollars from investment firm BlackRock. In Louisiana, a consortium of companies that … Read more

Ukraine Needs More Air Defences to Protect Grain Exports

[ad_1] KYIV (Reuters) – Ukraine needs more air defences to protect its grain export routes as well regions bordering Russia, President Volodymyr Zelenskiy said on Saturday, as he addressed an international summit on food security in Kyiv. “There is a deficit of air defence – that is no secret,” Zelenskiy told the Grain from Ukraine … Read more

Swiss President Pledges More Support for Ukraine in Kyiv Visit

[ad_1] KYIV/GENEVA (Reuters) – Swiss President Alain Berset pledged his long-term support for Ukraine on Saturday in a meeting with his Ukrainian counterpart in Kyiv, where he also attended an international summit on food security, the Swiss government said. Ukraine is hosting an international summit to promote its efforts to export grain despite an ongoing … Read more

Researchers Return to Alzheimer’s Vaccines, Buoyed by Recent Drug Success

[ad_1] CHICAGO (Reuters) – Breakthrough Alzheimer’s treatments that remove toxic proteins from the brain have revived interest in vaccines to treat the memory-robbing disease, potentially offering a cheaper, easy-to-administer option for millions of people, according to interviews with 10 scientists and company executives. Clinical trials are underway or completed for at least seven Alzheimer’s vaccines … Read more