See how long the #AI love affair lasts when they propose it as a replacement for C-level Execs or #corporate board members.
Not even talking about investment #bankers, or #investment "professionals".
The USD/JPY gained downward momentum after the U.S. Federal Reserve's FOMC Statement, indicating a change in monetary policy. Interest rate cuts are now expected in spring 2024. The currency pair is currently trading near 141.800, testing values last seen in late July. Traders should be cautious as conditions remain volatile. Breaking below 143.000 and sustaining values below would signify further downward momentum. Support levels to watch are 142.000, 141.500, and 141.000.
Hmmm.... interestingly #AndyBurnham has decided to reduce emissions in #Manchester by using a carrot not a stick.... out goes the plan for a clean air charging zone, to be replaced by major investment in #pubictransport to encourage people out of their (commuter) cars.
It'll be interesting to see how this plays out, as many cities have plans for new zones to cut emissions.... if Burnham's pivot gets results, might we see a ramping up of #investment in (and subsides for) public transport?
According to CB Insights, venture investments in A.I. are declining each quarter in 2023, with the number of venture deals reaching a low level not seen since 2017.
Biden Wants to Make This Big Change to #IRA Rollovers
“President #Biden spoke… on what the White House has called a crackdown on “junk fees” in retirement planning. Such fees chip away at account balances over time, leading to lifetime savings that are up to 20% less than if advisors were held to the highest standards.”
Antibody/Gene Therapy Biotech Gains $138 Million in Early Funds
A developer of synthetic antibodies for neurodegenerative disorders delivered like gene therapies is raising €129 million ($US 138 million) in its first venture funding round.
Life Science Incubator Gains $100M in Start-Up Funds
A new-business accelerator program, begun earlier this year to advance and commercialize biomedical research discoveries from academic labs, is receiving a $100 million founding grant.
The province has increased the capacity of the #Alberta#Indigenous Opportunities Corporation, taking the amount available for loan guarantees for #investment in projects in the #naturalresources industry and other sectors to $3 billion.
The bump signals to companies planning “monumental transactions” that Alberta is “committed” to support such projects long term.
The province wants #Canada to set up a similar program for Trans Mountain equity.
A life science venture investor is merging two of its biotechnology portfolio companies to form a single developer of nanoscale medications with programmable properties.
#ClimateDiary There is no question that #COP28 will be the most important yet. The #GlobalStocktake will be the “biggest accountability moment in history”, and on its basis leaders will need to make crucial key decisions about fiscal and policy commitments. With less than two months to go, we need to all be as well informed as possible and put pressure on leaders as much as we can. I thought I would start a 🧵that I will keep going in the run up 1/n