- Suction Ureteral Access Sheaths During Flexible Ureteroscopy for Renal Stones: A Prospective Study and Cost Analysis Cureus
- Modernizing Kidney Stone Treatment: Devices, Data, and Clinical Impact HCPLive
- CVAC 2.0 and Beyond: Aspiration-Driven Ureteroscopy Urology Times
- The Rise of Suction and an Overview of FANS Urology Times
- Direct-in-Scope Suction: Advantages and Limitations Urology Times
Category: 3. Business
-

Suction Ureteral Access Sheaths During Flexible Ureteroscopy for Renal Stones: A Prospective Study and Cost Analysis – Cureus
-

Bladder Cancer Remission Rate: What Patients Need to Know in 2025
Bladder cancer is one of the most frequently diagnosed cancers worldwide, affecting nearly 600,000 people each year (Sung et al., 2021). While survival statistics are often discussed, many patients ask a different question: “What is Bladder Cancer Remission Rate?”
Remission refers to the absence of detectable cancer after treatment. Depending on the stage and type of bladder cancer, remission may be long-lasting, temporary, or—especially for early non–muscle-invasive disease—followed by recurrence. Understanding these patterns helps patients know what to expect and prepare for follow-up care.
Read About Bladder Cancer on OncoDaily
What Does Remission Mean in Bladder Cancer?
In oncology, remission is typically classified as:
- Complete remission (CR): No evidence of cancer on cystoscopy, imaging, or cytology.
- Partial remission: Significant tumor shrinkage but not complete disappearance.
Bladder cancer is unique because the bladder lining is prone to repeated tumor formation. Even after complete remission, recurrence rates can be high, especially in NMIBC. Because of this, remission is often discussed alongside recurrence-free survival and progression-free survival (Babjuk et al., 2022).
Remission Rates by Bladder Cancer Stage
Bladder cancer is broadly categorized as:
- Non–muscle-invasive bladder cancer (NMIBC) – Ta, T1, and CIS
- Muscle-invasive bladder cancer (MIBC) – T2–T4
- Metastatic bladder cancer
Each category has different treatment goals and remission expectations.
Remission Rates in Non–Muscle-Invasive Bladder Cancer (NMIBC)
Most bladder cancers—about 70%—are diagnosed at an early stage, when the tumor is confined to the inner layers of the bladder wall. These cancers have high remission rates, especially when treated promptly and followed by preventive therapy.
For low-grade tumors, remission is extremely common after surgery (TURBT). Many patients achieve complete remission, but recurrence may occur over time, which is why continued monitoring is essential.
For high-grade tumors, intravesical therapy such as BCG is usually recommended. Studies show that:
- Complete remission is achieved in about 70%–80% of patients after BCG treatment.
- The highest remission rates occur within the first 6 months of therapy.
- Even among patients who achieve remission, up to half may have a recurrence at some point, but many recurrences are still treatable.
Overall, NMIBC has an excellent chance of entering remission, especially when treated early and monitored regularly (Babjuk et al., 2022).
Remission Rates in Muscle-Invasive Bladder Cancer (MIBC)
Muscle-invasive bladder cancer is more aggressive and requires stronger treatments, such as surgery or chemoradiation. Despite being more advanced, remission is still possible, and modern treatments continue to improve outcomes.
When patients receive chemotherapy before surgery (called neoadjuvant chemotherapy), research shows that:
- About 30%–40% achieve a pathologic complete remission, meaning no cancer is found at the time of surgery.
- Patients who achieve complete remission often have significantly improved long-term survival.
For patients choosing bladder-preserving chemoradiation:
- Durable complete remission occurs in about 50%–70% of patients.
- Those who achieve remission often maintain a functioning bladder and good quality of life.
In both treatment pathways, the chance of remission depends on tumor biology, overall health, and response to therapy.
Remission in Metastatic or Advanced Bladder Cancer
Remission becomes more complex in metastatic disease, but modern therapies have transformed expectations.
Chemotherapy
Platinum-based chemotherapy produces response (partial + complete) in 40–60% of patients (von der Maase et al., 2000). Complete remission occurs in ~5–15%.
Immunotherapy (Pembrolizumab, Nivolumab, Atezolizumab)
Complete remission in 5–10%, with durable responses in some patients (Bellmunt et al., 2017).

Read About Immunotherapy for Bladder Cancer on OncoDaily
Antibody–Drug Conjugates (Enfortumab Vedotin)
- Response rates ~40–45%
- Complete remission in 4–6% (Rosenberg et al., 2019)
EV + Pembrolizumab (EV-302 Trial)
One of the most promising regimens: 67.7% response rate, with CR rates up to 29% (Powles et al., 2024). This represents a major breakthrough for previously untreatable metastatic disease.
Why Bladder Cancer Can Come Back Even After Remission
Bladder cancer has one of the highest recurrence rates of all cancers. This does not mean treatment failed—it is simply a characteristic of the disease. Even after a successful remission, small tumor cells may remain or may return over time. Because of this, bladder cancer requires ongoing cystoscopy, imaging, and urine tests. Early detection of recurrence allows for early treatment, which improves outcomes.
What Affects a Patient’s Chance of Remission?
Factors include:
- Stage and grade of the tumor
- Whether cancer has invaded muscle
- Presence of carcinoma in situ (CIS)
- Whether chemotherapy, immunotherapy, or BCG is used
- Lifestyle factors such as smoking
- Tumor mutations and response to therapy
Patients who stop smoking after diagnosis have better remission and survival outcomes.
How Long Does Remission Last?
This depends heavily on stage:
- Low-risk NMIBC: Many remain cancer-free long-term.
- Intermediate/high-risk NMIBC: Half recur within 5 years.
- MIBC (after cystectomy or trimodality therapy): Long-term remission possible in ~40%.
Metastatic disease: Remission is often temporary, but immunotherapy and ADCs have created long-lasting responses in a meaningful subset.
Can Bladder Cancer Be Cured?
Yes — but cure depends on stage.
- Early-stage (NMIBC): Many patients are effectively cured, though recurrence is common.
- MIBC: Cure is possible with surgery or chemoradiation.
- Metastatic disease: Rarely curable, but long-term remission is increasingly reported with modern immunotherapy and combination regimens.

Read About Bladder Cancer Cure Rate on OncoDaily
Follow-Up After Remission
Because recurrence risk remains lifelong, guidelines recommend:
- Cystoscopy every 3–6 months for NMIBC depending on risk
- Imaging every 6–12 months for MIBC
- Ongoing monitoring for metastatic disease using scans and biomarkers
Adhering to follow-up is one of the most important factors for maintaining remission.
The Outlook for Bladder Cancer Remission
Although recurrence is common, bladder cancer remains highly treatable, especially when detected early. Many patients live long, healthy lives after treatment, even with recurrences. New therapies—including immunotherapy, targeted treatments, and antibody-drug conjugates—continue to improve remission rates and long-term survival across all stages.
Remission is not always a one-time event in bladder cancer; rather, it is a process of treatment, surveillance, and ongoing care. With regular follow-up and modern therapies, patients have more options than ever before to achieve remission and maintain quality of life
You Can Watch More on OncoDaily Youtube TV
Written by Armen Gevorgyan, MD
Continue Reading
-

Golar LNG (NasdaqGS:GLNG) Valuation After $1.2 Billion FLNG Gimi Refinancing and Liquidity Boost
Golar LNG (NasdaqGS:GLNG) just locked in a fresh $1.2 billion asset backed debt facility to refinance its FLNG Gimi, freeing up roughly $400 million in net liquidity for new capital allocation decisions.
See our latest analysis for Golar LNG.
The refinancing comes after a choppy stretch, with the share price recently closing at $38.27 and a year to date share price return of minus 12.71 percent. At the same time, the five year total shareholder return sits at a robust 339.83 percent, suggesting long term faith in Golar’s LNG infrastructure strategy remains intact despite softer near term momentum.
If this kind of balance sheet reshaping has your attention, it could also be a smart moment to explore aerospace and defense stocks for other capital intensive businesses reshaping their growth profiles.
With Golar trading about 34 percent below consensus price targets but already delivering strong multi year returns, the real question now is whether this refinancing unlocked an overlooked value story or if markets already expect the next leg of growth.
Compared with the last close at $38.27, the most widely followed narrative sees Golar’s fair value materially higher, anchored in long dated FLNG cash flows.
The company has secured long-term (20-year) charters for its existing FLNG units, providing $17 billion in contracted EBITDA backlog and 20 years of cash flow visibility, which is expected to drive a significant (4x) increase in EBITDA and contracted free cash flow by 2028, indicating the market may be undervaluing its forward earnings stability and revenue growth.
Read the complete narrative.
Curious how a capital heavy LNG platform earns a growth style valuation? The narrative leans on transformative margin expansion and a bold future earnings ramp. Want to see the precise assumptions behind that jump in profitability and revenue acceleration?
Result: Fair Value of $51.10 (UNDERVALUED)
Have a read of the narrative in full and understand what’s behind the forecasts.
However, this outlook hinges on sustained LNG demand and flawless execution. Overcapacity or regulatory setbacks on new FLNG projects could quickly undermine today’s optimism.
Find out about the key risks to this Golar LNG narrative.
While the narrative implies upside, the current price already bakes in a lot of optimism, with Golar trading on a price to earnings ratio of 65.5 times. That is far above both the industry at 13.8 times and peers at 27.7 times, and well ahead of a fair ratio of 18.5 times, suggesting meaningful downside if sentiment or growth expectations slip.
Continue Reading
-

Challenges and opportunities in delivering gene therapies for sickle cell disease and beta thalassemia
The first study assessing the real-world commercial roll-out of gene therapies for sickle cell disease and beta thalassemia offers lessons learned to inform best practices as manufacturers and medical centers prepare to meet growing demand for gene therapies in the coming years.
Gene therapy requires system-level coordination and close collaboration across patients, treatment centers, payers, and manufacturers. The demand for these one-time durable gene therapies is growing, and we’re learning how to deliver treatment more efficiently as we gain more experience.”
Joanne Lager, MD, study author, chief medical officer at Genetix Biotherapeutics Inc.
Sickle cell disease and beta thalassemia are both inherited disorders that affect the hemoglobin in red blood cells. In beta thalassemia, not enough functional hemoglobin is produced, which impacts the ability of red blood cells to carry oxygen, leading to debilitating symptoms and cumulative organ damage. In sickle cell disease, abnormal hemoglobin production causes the red blood cells to become rigid and sickle-shaped, leading to blood vessel blockages and subsequent pain and organ damage.
Betibeglogene autotemcel (beti-cel) and lovotibeglogene autotemcel (lovo-cel) are autologous ex vivo gene therapies in which a patient’s own stem cells are collected, manufactured to add functional copies of a modified gene, and then infused back into the patient to engraft in the bone marrow and begin producing red blood cells with functional hemoglobin. The U.S. Food and Drug Administration (FDA) approved beti-cel for transfusion dependent beta thalassemia in 2022 under the name Zynteglo, and lovo-cel for sickle cell disease in 2023 under the name Lyfgenia.
To study the process and timing of real-world commercial implementation of these therapies, researchers analyzed data from 392 U.S. patients who enrolled to receive either beti-cel or lovo-cel between 2022 and 2025. To date, 29% (115) of these patients have received treatment, with 72% of beti-cel patients and 76% of lovo-cel patients having done so within a year of enrollment.
According to the findings, the median time elapsed from the decision to enroll and the one-time infusion of drug product was 9.8 months for beti-cel and 7.9 months for lovo-cel. Time for enrollment, scheduling, and cell collection varied across patients, with the most variability seen in the time elapsed between the decision to enroll in gene therapy and the collection of stem cells. The median time to complete this step – during which centers prepare patients for therapy medically and financially – was 4.4 months.
Most patients required only one cell collection for both beti-cel (79%) and lovo-cel (63%), consistent with experience from clinical trials. The number of stem cell collection procedures played a role in the overall treatment timeline, with about 80 days added per collection cycle. Once stem cells were collected, the median time it took to manufacture, test, and deliver the gene therapy drug product to a treatment center was 3.2 months for beti-cel and 3.5 months for lovo-cel.
“We’ve identified areas of opportunity to enhance the treatment journey for patients and providers,” said Dr. Lager. “We recognize the importance of delivering our therapies to patients as soon as possible and remain committed to improving the treatment experience.”
The results showed some operational differences between the two gene therapies. The time between FDA approval and first commercial patient enrollment was about half as long for lovo-cel as for beti-cel. Since beti-cel was approved about 16 months before lovo-cel, the researchers suggest that early experience implementing beti-cel meant that more centers were prepared to begin treating patients with lovo-cel.
Researchers said that operational factors such as insurance approvals, the number of cell collections required, and manufacturing capacity play an important role in influencing treatment timelines. Finding opportunities for greater efficiency across these areas remains a key focus.
“Demand for our gene therapies continue to build. We are actively working toward ensuring that we have the manufacturing capacity to deliver gene therapy to all patients seeking a path to a cure,” said Dr. Lager.
The researchers noted that insurance coverage for these treatments has continued to expand. To facilitate further progress in overcoming barriers and increasing efficiency, they plan continued process improvements and collaboration with medical centers to share lessons learned and develop best practices.
Anjulika Chawla, MD, of Genetix Biotherapeutics Inc., will present this study on Monday, December 8, 2025, at 4:00 p.m. Eastern time in W311A-D of the Orange County Convention Center.
Source:
American Society of Hematology
Continue Reading
-

Nordic people know how to beat the winter blues. Here’s how to find light in the dark
The Nordic countries are no strangers to the long, dark winter.
Despite little to no daylight — plus months of frigid temperatures — people who live in northern Europe and above the Arctic Circle have learned how to cope mentally and physically with the annual onset of the winter blues, which can begin as early as October and last into April for some.
The winter solstice will occur Dec. 21, marking the shortest day and longest night of the year in the Northern Hemisphere. While sunlight increases daily after that, winter won’t be over for a while yet.
The Associated Press spoke to experts in Norway, Sweden and Finland about the winter blues. Here’s how they suggest looking for light, literally and figuratively, during the darkest months of the year:
Dr. Timo Partonen, a research professor at the Finnish Institute for Health and Welfare, said the dark winter affects our circadian rhythm.
With limited daylight, our internal body clocks cannot reset or synchronize properly and it throws off our sleep. We may sleep longer in the winter, he said, but we don’t wake up refreshed and can remain tired the rest of the day.
Partonen recommended trying a dawn simulator, sometimes known as a sunrise alarm clock, to gradually light up your bedroom and ease you awake.
In addition to being more tired, we’re more likely to withdraw from others socially in the wintertime. We’re more irritable, Partonen said, and more prone to fights with friends.
It’s important to maintain our relationships, he said, because symptoms rarely improve in isolation.
And since keeping up with exercise is also key to combating the winter blues, consider inviting a friend along for a workout.
It could also help keep off the wintertime weight gain — typically 2 to 5 kilograms (4 to 11 pounds) a year, Partonen said — that’s fed by cravings for carbohydrates, especially in the evenings.
Millions of people worldwide are estimated to suffer from seasonal depression. Also known as seasonal affective disorder, or SAD, patients typically have episodes of depression that begin in the fall and ease in the spring or summer. A milder form, subsyndromal SAD, is recognized by medical experts, and there’s also a summer variety of seasonal depression, though less is known about it.
Scientists are learning how specialized cells in our eyes turn the blue wavelength part of the light spectrum into neural signals affecting mood and alertness. Sunlight is loaded with the blue light, so when the cells absorb it, our brains’ alertness centers are activated and we feel more awake and possibly even happier.
Researcher Kathryn Roecklein at the University of Pittsburgh tested people with and without SAD to see how their eyes reacted to blue light. As a group, people with SAD were less sensitive to blue light than others, especially during winter months. That suggests a cause for wintertime depression.
In severe cases, people need clinical support and antidepressant medications. Christian Benedict, a pharmacology professor at Uppsala University in Sweden, suggests light therapy for people with SAD as well as those who have a milder case of the winter blues.
“It’s not like it’s a fate, an annual or a seasonal fate, and you cannot do anything about it,” Benedict said. “There are possibilities to affect it.”
A routine of morning light therapy, using devices that emit light about 20 times brighter than regular indoor light, can be beneficial for both people with and without SAD.
The light therapy helps to kickstart your circadian rhythm and increases serotonin in your brain, Benedict said.
Research supports using a light that’s about 10,000 lux, a measure of brightness, for 30 minutes every morning. Special lights run from $70 to $400, though some products marketed for SAD are not bright enough to be useful. Your insurance company might cover at least part of the cost if you’ve been diagnosed with SAD.
Partonen recommended using both a dawn simulator and a light therapy device each day before noon.
Yale has tested products and offers a list of recommendations, and the nonprofit Center for Environmental Therapeutics has a consumer guide to selecting a light.
And don’t forget to, well, look on the bright side. It’s crucial to embrace winter instead of dreading it, according to Ida Solhaug, an associate professor in psychology at the University of Tromsø, also known as the Arctic University of Norway — the world’s northernmost university.
Prioritize a positive outlook as a survival strategy and learn to appreciate the change in seasons. It’s a typical Norwegian way of thinking, she said, that can make all the difference when there’s very little daylight for months.
“It’s part of the culture,” she said.
And don’t forget to take advantage of both outdoor and indoor hobbies, she said. Inside, channel hygge — the Danish obsession with getting cozy — and snuggle up on the couch with blankets and a movie.
But don’t hibernate all winter. After the film finishes, head outside with a thermos for fika, the traditional Swedish coffee break. Even during cloudy days, a quick walk in the fresh air will help, she said. And if you’re brave enough, do a cold plunge like many people in the Nordics.
Solhaug tries to jump into the frigid waters off the coast of Tromsø, an island 350 kilometers (217 miles) north of the Arctic Circle, at least once a week, adding that it makes her feel revitalized during the long winter.
“Challenge yourself to look for light in the darkness,” she said.
After all, as many Nordic people say, there’s no such thing as bad weather — only bad clothing.
Finland’s President Alexander Stubb, too, had some tips for how to tackle Nordic winters. When asked in an interview with The Associated Press last month how to survive the cold season, he had some very specific advice.
“Take an ice bath and then followed up by a sauna and do one more ice bath, one more sauna, then a shower and go out there. You’ll manage,” Stubb said.
__
Dazio reported from Berlin.
Continue Reading
-

How Recent Catalysts Are Shifting the Backblaze Narrative for Growth and Valuation Risk
Backblaze’s latest narrative shift comes with a modest trim to its fair value estimate from $10.55 to about $10.11 per share, even as long term revenue growth expectations remain essentially unchanged near 10.69% and the discount rate nudges up only slightly from roughly 9.69% to 9.70% to reflect a touch more perceived risk. This subtle recalibration captures a market that still believes in the company’s growth runway but is balancing enthusiasm over stronger demand signals and pipeline visibility with more caution around valuation and execution. Read on to see how you can track these evolving assumptions and stay informed about future updates to the Backblaze story.
Stay updated as the Fair Value for Backblaze shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Backblaze.
🐂 Bullish Takeaways
-
Oppenheimer reiterated its Outperform rating and nudged its price target up to $11 from $10. The firm signaled confidence that Backblaze can deliver solid quarterly results within the broader analytics, data, infrastructure, and security software group.
-
Channel checks cited by Oppenheimer point to healthy fundamentals, with solid Q3 deal flow, Q4 pipeline generation, and normal competitive dynamics. These factors support the view that Backblaze’s growth momentum and execution are on track.
-
The firm remains bullish longer term on the group. This indirectly supports Backblaze’s valuation as a potential beneficiary of sector wide demand, provided it continues to execute and maintain transparent guidance.
🐻 Bearish Takeaways
-
B. Riley’s Zach Cummins lowered his price target to $9 from $11 while maintaining a Buy rating. This reflects increased caution around upside potential even as the fundamental stance remains positive.
-
The cut from $11 to $9 suggests growing concern that some upside may already be priced in. It also indicates that near term risks around execution or valuation may warrant a more conservative target, even for analysts who still recommend owning the stock.
Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there’s more to the story. Head to the Simply Wall St Community to discover more perspectives or begin writing your own Narrative!
NasdaqGM:BLZE Community Fair Values as at Dec 2025 -
Backblaze integrated its B2 Cloud Storage with Shareio, enabling creators to securely store, control, and monetize digital content while benefiting from low cost storage and free egress for content delivery.
-
The company completed a share repurchase of 142,069 shares, or about 0.25% of outstanding shares, for a total of $1.18 million under its previously announced buyback program.
-
Backblaze issued fourth quarter 2025 revenue guidance of $37.3 million to $37.9 million, outlining management’s expectations for near term top line performance.
-
The company narrowed its full year 2025 revenue outlook to a range of $145.4 million to $146.0 million, tightening but slightly lowering the top end of prior guidance.
Continue Reading
-
-

What The Evolving Market Narrative Means For MTN Group’s Valuation
MTN Group’s fair value estimate has inched up to about $176.89 from $172.50, even as expected revenue growth is nudged slightly lower and the discount rate holds steady at 16.73%. This subtle recalibration reflects how markets are increasingly rewarding clear execution and credible long term plans over short term headline numbers. Stay tuned to see how you can track these evolving valuation signals and follow the changing MTN Group narrative.
Analyst Price Targets don’t always capture the full story. Head over to our Company Report to find new ways to value MTN Group.
🐂 Bullish Takeaways
-
Among the more constructive voices, firms such as Truist, Stifel and Mizuho continue to rate Vail Resorts with Buy or Outperform stances, even as they trim price targets, signaling ongoing confidence in the long term earnings power that underpins valuation for MTN linked exposure.
-
Truist highlights that EBITDA was roughly in line with expectations helped by strong snowfall in Australia, while Stifel notes that recent results do not fundamentally alter the long run bull or bear debate, suggesting that analysts still reward consistent execution and clearer guidance on FY26 and FY27 earnings.
-
Mizuho, despite lowering its price target to $195, maintains an Outperform rating, framing the softer fiscal 2026 EBITDA outlook as underwhelming rather than thesis breaking, which helps anchor the upper band of fair value assumptions in current models.
🐻 Bearish Takeaways
-
Jefferies flags leadership risk as a negative for MTN linked exposure, questioning whether Andre Maestrini is the right choice for a mature and challenging North American market, a concern that feeds into higher perceived execution risk and a tighter margin of safety around current valuations.
-
Barclays, BofA and Morgan Stanley all cut price targets, with Barclays moving to $145, BofA to $165 and Morgan Stanley to $146, citing disappointing pass sales trends, a below consensus initial FY26 outlook and a prolonged turnaround narrative, which together temper assumptions for growth momentum and multiple expansion.
-
Across these cautious notes, analysts stress that while turnaround plans show some potential, meaningful and sustainable growth may not emerge until FY27 at the earliest, reinforcing the idea that near term risks and execution milestones must be met before the market is willing to ascribe a richer valuation multiple to MTN related assets.
Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there’s more to the story. Head to the Simply Wall St Community to discover more perspectives or begin writing your own Narrative!
Continue Reading
-
-

I don’t care if the stock market crashes in 2026. I’m buying bargain shares today
Image source: Getty Images Looking at both the UK and US stock markets right now, it seems a lot of investors are growing nervous of a potential correction or even a full-blown crash in 2026. And it’s easy to understand why.
-
Enormous capital is currently concentrated in AI and ‘Magnificent Seven’ stocks.
-
The S&P 500 is trading significantly ahead of its historical price-to-earnings ratio average, while the FTSE 100 sits at record highs.
-
Sticky inflation is driving up recession risk.
-
Geopolitical conflicts are on the rise.
-
The private credit markets are experiencing a steady upward trend in late payments and defaul.
That’s obviously pretty scary. Yet despite these doomsday signals, I’m still drip feeding money into both UK and US stocks. Here’s what I’ve been buying and why.
Hindsight is 20/20, and it’s easy to look back at previous market downturns and say: “If only I had sold/bought when prices reached the top/bottom”.
However, this often leads novice and even expert investors into the trap of thinking they can successfully time the market the next time.
The reality is, in the short term, the stock market’s near-impossible to predict. And there are countless examples of investing legends like Michael Burry or Jeremy Grantham calling for catastrophes that never materialise, resulting in massive opportunity costs.
Instead, history’s shown that the best performers are those who remain invested and continue to top up their positions if volatility does indeed rear its ugly head. With that in mind, here’s what I’m doing now.
I would be lying if I said the current investing environment doesn’t make me a little nervous. And I’ve subsequently increased my portfolio’s cash position as a hedge against potential volatility. But I’m also still deploying capital where opportunities emerge.
Even with stock markets near record highs, there are still plenty of under-the-radar bargains to explore. And one that I’ve recently taken advantage of is Ecora Resources (LSE:ECOR).
The business specialises in providing alternative financing solutions for mining enterprises, to help get shovels in the ground in exchange for a small lifetime royalty. It’s certainly a niche business. But it’s one that some of the largest mining companies rely upon, including Rio Tinto, BNP, and Vale, among others.
What makes Ecora interesting right now is the firm’s strategic pivot away from coal towards critical metals such as copper, cobalt, and nickel. 2025 marks the first year in the company’s history where these metals contributed more than 50% of revenue, on track to reach 85% by 2030.
Continue Reading
-
-

UBS may cut further 10,000 jobs by 2027, SonntagsBlick reports
VIENNA, Dec 7 (Reuters) – UBS (UBSG.S) may cut an additional 10,000 jobs by 2027, Swiss paper SonntagsBlick reported on Sunday, without citing where it obtained the information.Responding to the report, UBS did not confirm this number, but said it would “keep the number of jobs cuts in Switzerland and globally as low as possible”.
Sign up here.
“The role reductions will take place over the course of several years and will be mostly achieved through natural attrition, early retirement, internal mobility and inhousing of external roles,” UBS said.
UBS has been cutting jobs as a result of the integration of former rival Credit Suisse, which it bought in 2023.
A reduction of 10,000 jobs would equate to a 9% cut in total jobs for the Swiss bank, which had around 110,000 employees at the end of 2024.
Reporting by Alexandra Schwarz-Goerlich; Writing by Christoph Steitz; Editing by Elaine Hardcastle and Christina Fincher
Our Standards: The Thomson Reuters Trust Principles.
Continue Reading
-

‘Best café in Liverpool’ to close after 30 years
Jonny HumphriesNorth West
Jonny Humphries/BBCCarly Lea (left) with her mother Susan Lea outside their family run café on Liverpool’s Bold Street A family run café that counted Liverpool legend Sir Kenny Dalglish and Harry Potter star Ralph Fiennes among its customers is shutting up shop after 30 years.
Maggie May’s has avoided jumping on culinary trends or fads despite its location on Liverpool city centre’s bustling Bold Street, a hub for bars and restaurants.
Its menu and style has changed little over the years, with one of its most popular dishes ‘scouse’ – a traditional meat and potato dish well-known across Liverpool.
But after three decades of long hours and hard graft, the Lea family are calling it a day and moving on – leaving regulars without “the best café in Liverpool”.
Carly Lea, who has helped run the café since her parents – Susan and John Lea – founded it in 1995, said leaving would be a wrench but “the time was right” .
She told the BBC: “We’re all getting that little bit older, we’re all getting a little bit weary.
“It’s been absolutely great. It took a couple of years, like most businesses do, to start finding our feet but, we’ve enjoyed a good couple of decades on the street.
“I think the café could go on but physically we feel as though we can’t go on – which is unfortunate but also it’s very, very real and that’s ultimately the main reason. “
Jonny Humphries/BBCA bowl of Maggie May’s homemade scouse, one of its most popular dishes Carly said the gruelling shifts, often topping 12 hours a day, had “taken its toll”.
“But it’s not like a doom and gloom story,” she said.
“Very much the opposite, we’ve loved every single minute of it.”
Carly said she believes Maggie May’s success over the years came from “sticking to what we know” – traditional local food with its background in her mum’s years as a cook in city pub kitchens before founding the business.
Maggie May’s customers span a wide cross-section of society, from football fans heading to Anfield or Goodison Park, to tourists from overseas who return year-after-year.
Over the last three decades Carly has seen children who came in with their parents grow up into adults with their own careers.
‘That’s Voldemort’
The most memorable moments have included serving Sir Kenny on a few occasions, which “big Red” Carly described as a “personal highlight”.
But Carly said the one and only time she has asked for a picture with a customer was when she was “starstruck” by Bafta winning actor Ralph Fiennes in 2023, who popped in for a drink while he was in Merseyside playing the lead in a production of Macbeth.
“Me and my son, we were big fans of Harry Potter, well we still are, so when he came that was a major plus for me,” she said.
“I think I was quite starstruck because it was like; ‘that’s Voldemort’.”
For customers, the news has been a blow.
Anthony McDowell, 54, has been coming to Maggie May’s since the year it opened and said he drops in almost every day.
Carly LeaCarly said she was “starstruck” when Bafta winning actor and Harry Potter star Ralph Fiennes paid a visit in 2023 “Obviously since then the food’s been that nice, the scouse and stuff like that, that I’ve came here ever since,” he said.
“I walk past about four other cafés to get here, it’s only one café in town for me.
“I’ve stayed in hotels in the city that they say have good breakfasts, none of them beats Maggie’s.”
Asked how he felt about it closing down, he said: “Obviously gutted, really gutted, but I know the family well enough.
“I mean I’ve known the family for years and they’re a lovely family, and they’ve spent a lot of hard-working years and I can understand the reasons.”
Carly said the reaction of customers to the announcement Maggie’s is closing its doors for good has surprised her
“It’s been very emotional,” she said.
“People coming in, saying that they’re heartbroken. I guess I didn’t realise the depth of the feelings that people have got for the café until we actually announced that we were going.”
While Carly is ready to move on, she said when they close for the final time on Christmas Eve it will be “very tough”.
“I’m going to get a few boxes of tissues just for the staff,” she said.
“Yeah, it’s bittersweet.”
Continue Reading
