After emerging from bankruptcy in the U.S. last summer, Cineworld’s parent company, Regal, is now looking into options for its UK business. This could potentially involve a sale or restructuring, according to a recent report by Sky News. The company has sought the expertise of AlixPartners, who previously assisted with navigating bankruptcy, and has begun
Moderna made a groundbreaking announcement on Monday, revealing the success of its combination vaccine that targets both Covid-19 and the flu. This innovative approach has proven to be more effective than existing standalone shots for these viruses in a late-stage trial, setting Moderna apart from its competitors Pfizer and Novavax. The biotech company’s phase three
At the upcoming Apple Worldwide Developers Conference (WWDC) in 2024, Apple is set to unveil its latest advancements in artificial intelligence (AI) integration across its software suite. The tech giant is gearing up to introduce a revamped Siri voice assistant and potentially collaborate with ChatGPT owner OpenAI. This move comes as Apple aims to demonstrate
As investors grapple with conflicting data, U.S. stock index futures edged lower on Monday. Last week’s Nonfarm Payrolls data exceeded expectations, yet the unemployment rate rose and household surveys indicated weakness. This conflicting data led to indexes closing slightly lower on Friday. Following the release of the strong data, expectations for interest-rate cuts by the
Recent data from the Recruitment and Employment Confederation (REC) revealed that the drop in permanent hiring by employers in Britain was the least severe in over a year in May. This news brings hope of a potential upcoming recovery in the recruitment market. The report indicates that permanent hiring declined by the smallest amount in
After the surprising election results, Prime Minister Narendra Modi has now been sworn in for his third term, supported by the National Democratic Alliance (NDA). Despite the Bharatiya Janata Party (BJP) not securing a majority on its own, the NDA coalition managed to secure a total of 293 seats. Under Modi’s leadership over the past
The trading week started on a grim note in Asia as traders scaled back expectations for Federal Reserve rate cuts. The tightening labor market in the United States played a significant role in this shift in sentiment. The MSCI’s broadest index of Asia-Pacific shares outside Japan slumped by 0.46%, signaling investor concerns. The nonfarm payrolls
Sony Pictures Classics’ 4k rerelease of Run Lola Run proved to be a hit over the weekend, bringing in an estimated $154k on 275 screens. The film, which celebrates its 25th anniversary in the U.S., follows the story of Lola as she races through Berlin to save her boyfriend’s life. The experimental thriller has once
Will Smith made headlines recently when he surprised fans at a screening of his new movie, Bad Boys: Ride or Die. The Academy Award-winner snuck out of the theater at Cinemark Baldwin Hills Crenshaw after watching the movie with the public. Fans were taken aback when Smith appeared alongside them as they exited the theater,
Godzilla x Kong: The New Empire has made waves in the global box office, surpassing all previous records within the Legendary and Warner Bros Monsterverse franchise. With a total gross of $570 million worldwide, this monster mash-up has outperformed its predecessor, Kong: Skull Island, which achieved $568.6 million in box office receipts. The success of