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Germany's BioNTech to buy CureVac to boost cancer research
Germany's BioNTech to buy CureVac to boost cancer research
by  AFP

Germany's BioNTech is buying domestic rival CureVac for $1.25 billion, the companies said Thursday, bringing together two pharmaceutical firms specialised in mRNA technology with the goal of advancing cancer treatments.

787 Dreamliner is Boeing's flagship long-distance plane
787 Dreamliner is Boeing's flagship long-distance plane
by  AFP

The Boeing 787 Dreamliner that crashed in India on Thursday is the pride of the US company's catalogue for long-distance planes: a fuel-efficient, wide-body aircraft able to transport up to 330 people. It was the first deadly crash of a 787 Dreamliner.

India and its vast booming aviation sector
India and its vast booming aviation sector
by  AFP

Air India's London-bound flight 171 that crashed on Thursday with 242 people on board was a Boeing 787-8 Dreamliner, part of India's bold push to radically expand its air industry sector. Indian Prime Minister Narendra Modi, who called the crash "heartbreaking beyond words", has made the development of the air sector a priority since coming to power in 2014.

March quake to drive 2.5% drop in Myanmar GDP, says World Bank
March quake to drive 2.5% drop in Myanmar GDP, says World Bank
by  AFP

Myanmar's economy is set to shrink 2.5 percent in the 2025/26 financial year, largely as a result of March's devastating magnitude-7.7 earthquake, the World Bank said on Thursday. A World Bank report predicted GDP will contract 2.5 percent in the financial year ending in March 2026 "mostly due to earthquake impacts", with output $2 billion lower than it would have been without the disaster.

UK economy shrinks in April as US tariffs kick in
UK economy shrinks in April as US tariffs kick in
by  AFP

Britain's economy shrank more than expected in April following a tax hike on UK businesses and a record drop in exports to the United States due to President Donald Trump's tariffs, official data showed Thursday. Exports of British goods to the United States fell by a record £2 billion ($2.7 billion) the same month, the ONS revealed, following the introduction of Trump's tariffs onslaught.

Niger-Benin border standoff deepens as trade collapse bites
Niger-Benin border standoff deepens as trade collapse bites
by  AFP

Nearly two years after Niger's military seized power and the border with Benin was shut, tensions over security, sovereignty and French influence have hardened into a stand-off throttling trade and paralysing ties between the west African neighbours.