Iran's Ministry of Economic Affairs and Finance has introduced Hormuz Safe, a new maritime insurance platform that uses bitcoin for payments. The platform aims to insure cargo passing through the strategic Strait of Hormuz and the Persian Gulf, potentially generating over $10 billion in annual revenue. This initiative could allow Iran to monetize shipping through this critical oil transit route amid regional tensions. However, the platform raises concerns about compliance with U.S. sanctions, and its full operational details remain unclear as it is newly launched.
Life360's Board of Directors has approved a multi-year share repurchase program worth up to $225 million to reduce dilution from stock-based compensation. The program aims to return value to shareholders and is supported by the company's strong balan...
President Donald Trump secured a major deal with China, where China agreed to purchase at least $17 billion worth of US agricultural products annually until 2028. This agreement was announced after a two-day summit in China, the first by a US preside...
Former President Donald Trump issued a stern warning to Iran, urging swift action in stalled peace negotiations or face severe consequences. He rejected Iran's demand to separate nuclear talks from peace discussions, emphasizing that time is critical...
Design Therapeutics, a clinical-stage biotech company, will announce data from its ongoing Phase 1/2 RESTORE-FA trial of DT-216P2, a treatment for Friedreich’s ataxia, on May 18, 2026. The company will host a live webcast and conference call to discu...
Novartis announced that combining Pluvicto (lutetium-177 vipivotide tetraxetan) with standard care (ARPI + ADT) significantly improves PSA response in metastatic hormone-sensitive prostate cancer (mHSPC), reducing PSA progression risk by 58% compared...
