Category: 3. Business

  • Rupee gains 05 paisa against US Dollar

    Rupee gains 05 paisa against US Dollar

    The Rupee on Monday appreciated by 05 paisa against the US Dollar in the interbank trading and closed at Rs 282.01 against the previous day’s closing of Rs 282.06.
     
    However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 283.5 and Rs 284.5, respectively.
     
    The price of the Euro decreased by Rs 0.30 to close at Rs 329.28 against the last day’s closing of Rs 329.58, according to the State Bank of Pakistan (SBP).
     
    The Japanese yen came down by 01 paisa and closed at Rs 1.91, while the exchange rate of the British Pound witnessed a decrease of 53 paisa to close at Rs 381.83 against the last day’s closing of Rs 382.36.
     
    The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 01 paisa each and closed at Rs 76.78 and Rs 75.16, respectively.


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  • Tesla reportedly cuts UK monthly lease fee as sales drop

    Tesla reportedly cuts UK monthly lease fee as sales drop

    A group of activists criticizing Elon Musk and Tesla’s policies hold a protest outside a Tesla dealership in London’s Park Royal district, on April 12, 2025 in United Kingdom.

    Anadolu | Anadolu | Getty Images

    U.S. electric vehicle maker Tesla has sharply cut its monthly lease fee for British motorists to boost weakening demand, The Times reported on Monday, citing industry sources.

    The British newspaper reported that Elon Musk’s company was forced to offer discounts of up to 40% to U.K. car leasing companies, noting a lack of storage space nationwide for Tesla vehicles.

    CNBC could not independently verify the report, and a Tesla spokesperson was not immediately available to comment.

    It comes as the automaker scrambles to reverse a declining sales trend in the U.K. and in broader Europe.

    Data published by the U.K.’s Society of Motor Manufacturers and Traders (SMMT) on Aug. 5 showed Tesla’s new car sales dropped by nearly 60% to 987 units in July, down from 2,462 a year ago.

    Separately, data published by the European Automobile Manufacturers Association late last month found that Tesla lost market share in Europe for the sixth straight month in June.

    The company has been subject to reputational damage from Musk’s incendiary rhetoric and relationship with the Trump administration. It also continues to face stiff competition in the EV market, particularly from Chinese manufacturers such as BYD.

    Musk has warned that the automaker could face “a few rough quarters” as it faces higher tariff costs and the expiration of federal EV tax credits in the U.S.

    Shares of Tesla were 0.77% lower in premarket trading at 12:50 p.m. London time (07:50 a.m. E.T.). The firm’s stock price is down more than 18% in the year to date.

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  • Indian Bonds Slide as Modi’s Tax-Cut Plan Spurs Fiscal Worries

    Indian Bonds Slide as Modi’s Tax-Cut Plan Spurs Fiscal Worries

    Indian bonds fell by the most in almost two years, as optimism from last week’s credit rating upgrade was overshadowed by fiscal concerns over the government’s plan to cut consumption taxes.

    Yields on benchmark 10-year notes rose 10 basis points to 6.50% on Monday, the most since October 2023. That erased a decline of eight basis points on Thursday, driven by S&P Global Ratings’ upgrade. Indian markets were shut on Friday for a public holiday.

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  • 5 Things to Know Before the Stock Market Opens

    5 Things to Know Before the Stock Market Opens

    U.S. stock futures are ticking lower after indexes posted gains for a second straight week; U.S.-listed shares of Novo Nordisk (NVO) are rising in premarket trading after its weight-loss drug Wegovy was approved to also treat liver disease; shares of Dayforce (DAY) are soaring on a report Thoma Bravo is in talks to acquire the HR software firm; Winklevoss twins-owned Gemini becomes the latest crypto firm to file for an IPO; and meme stock Opendoor (OPEN) continues to climb. Here’s what investors need to know today.

    1. US Stock Futures Edge Lower

    U.S. stock futures are ticking lower after indexes finished higher for a second straight week. Investors are looking ahead this week to key remarks from Fed Chair Jerome Powell and a string of retailer earnings reports. Dow Jones Industrial Average futures are 0.1% lower after the blue-chip index closed the prior week just 68 points away from a new record high. S&P 500 and Nasdaq futures also are edging lower after those indexes ended a positive week on a down note Friday. The 10-year Treasury note yield is lower. Oil and gold futures are higher. Bitcoin (BTCUSD) is down more than 2% at around $115,000.

    2. Novo Nordisk’s Wegovy Approved for Treatment of MASH Liver Disease

    Novo Nordisk (NVO) won approval from the U.S. Food and Drug Administration (FDA) for its Wegovy weight-loss drug to be used for treatment of noncirrhotic metabolic dysfunction-associated steatohepatitis (MASH) liver disease. MASH affects one in three people who are overweight or obese, Novo Nordisk said, including 22 million Americans. U.S.-listed shares of Novo Nordisk, which plunged late last month when the company cut its outlook and announced a new CEO, are 4% higher in premarket trading.

    3. Dayforce Stock Soars on Report HR Software Firm May Be Acquired

    Shares of Dayforce (DAY) are surging more than 25% after a report that private equity firm Thoma Bravo is in talks to acquire the human resource software firm. Bloomberg said a deal to take the Minneapolis-based company private “could be announced as soon as the coming weeks.” Shares of Dayforce entered Monday down 27% this year.

    4. Winklevoss Twins’ Crypto Platform Gemini Files for IPO

    Cryptocurrency exchange Gemini Space Station, which is owned by Cameron and Tyler Winklevoss, has filed for an initial public offering (IPO). The platform features trading in 150 cryptocurrencies, including its own Gemini dollar (GUSD) stablecoin. It intends to list on the Nasdaq Global Select Market under the ticker “GEMI.”  It’s the latest in a string of IPOs for cryptocurrency firms, with stablecoin provider Circle Internet Group (CRCL) and crypto exchange Bullish (BLSH) having had successful debuts.

    5. Opendoor Rises Further as Investors Buy Into Meme Stock

    Meme stock Opendoor Technologies (OPEN) shares are up 3% in premarket trading, extending their recent run. The online home-buying company’s stock rose more than 4% Friday following news that its CEO and chair would step down. Recent enthusiasm for the stock has been driven by meme-stock traders and encouraged by a highly bullish money manager, helping drive action as traders to dip into riskier corners of the market.

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  • Domestic markets begin week with gains

    Benchmark domestic equity indices today started the week with a strong momentum, ending with gains of around one per cent. Sensex rose 676 points to close at 81 thousand 274. Similarly, Nifty gained 246 points to settle at 24 thousand 877. The broader market indices at the Bombay Stock Exchange also marched upward. The Mid-Cap index gained one per cent, and the Small-Cap index advanced 1.4 per cent.
    In the Sensex pack, 20 out of 30 companies closed up. Among the top gainers, Maruti skyrocketed over 8.9 per cent, Bajaj Finance surged over five per cent, and Ultra Tech Cement climbed 3.7 per cent. Among the top laggards, ITC lost over 1.2 per cent, Larsen and Toubro as well as Eternal, both dropped over 1.1 per cent each, and Tech Mahindra slipped one per cent.
    In Sectoral indices at the BSE, 17 out of 21 sectors ended in positive territory. In top gainers, Auto jumped over 4.2 per cent, Consumer Durables rose over three per cent, and Consumer Discretionary increased over 2.7 per cent. Among top laggards, Focused IT fell over half per cent, IT lost over 0.4 per cent, and Power dipped around 0.3 per cent.
    The overall market breadth at the BSE was positive as shares of 2,562 companies advanced, and shares of 1,627 companies declined, while shares of 176 companies remained unchanged.

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  • Sam Altman on ChatGPT-5 | WhatsApp’s new AI feature

    Sam Altman on ChatGPT-5 | WhatsApp’s new AI feature

    The world of Artificial Intelligence has only begun to affect human lives. In times like these, staying up-to-date with the AI world is of utmost importance. Storyboard18 brings you the top AI news of the day.

    Sam Altman admits missteps in GPT-5 rollout as OpenAI pushes updates

    Weeks after the rocky debut of GPT-5, OpenAI has announced a series of updates to make its latest flagship AI model feel more natural and engaging.

    Responding to user feedback that the model “felt too formal,” the company said it has introduced subtle behavioural tweaks to ChatGPT. Users will now see more approachable responses, with phrases such as “Good question” or “Great start” incorporated into conversations. OpenAI stressed that these adjustments are not intended as flattery and internal tests show “no rise in sycophancy” compared to GPT-5’s earlier personality. The updates are expected to roll out in the coming week.

    The changes come amid mounting criticism of GPT-5’s launch, which was delayed multiple times due to safety testing and compute limitations. When the model finally became available on August 7, many users described the improvements as incremental, focused mainly on cost and speed rather than groundbreaking capabilities.

    Former Google executive calls AI Job creation claims a ‘capitalist lie’

    A former Google executive has dismissed the widespread belief that artificial intelligence (AI) will generate new employment opportunities, calling it “100% crap” and “a capitalist lie.”

    Mo Gawdat, who served as chief business officer at Google X for nearly five years, said not only will AI fail to create jobs, but it will also replace roles once thought secure, including senior leadership positions. Speaking on The Diary of a CEO podcast, Gawdat warned: “Video editors, podcasters, executives — all will be replaced.” He also pointed to predictions from Bill Gates that even doctors and teachers could eventually be overtaken by AI systems.

    Gawdat cited his own AI-powered startup, Emma.love, as evidence of the rapid disruption. The platform, developed by just three engineers, would previously have required a team of around 350 people to build, he said.

    WhatsApp to introduce AI-powered writing help for users

    WhatsApp is testing a new AI-powered feature that will allow users to refine their messages before sending them. The tool, called Writing Help, has been spotted in the app’s Android beta version 2.25.23.7, according to tipster WaBetaInfo.

    The feature uses Meta AI, the company’s in-house artificial intelligence model, to help users rephrase, proofread, or even change the tone of their messages. Available options include Professional, Funny, and Rephrase, giving users more flexibility in how they communicate. Importantly, the tool is optional — users can continue sending unedited messages as usual.

    Meta says the system will rely on private processing technology to ensure user anonymity and end-to-end encryption, even when the AI editor is used. The recipient of a message will not be able to see whether it has been edited by AI.

    Anthropic’s Claude AI to terminate abusive chats in new safeguard for own ‘welfare’

    Amazon-backed AI firm Anthropic has announced that its most advanced artificial intelligence systems, Claude Opus 4 and 4.1, will now be able to exit conversations in cases where users are abusive or persistently harmful in their interactions.

    The feature, which the company describes as an experiment, is aimed at improving the “welfare” of its models in potentially distressing scenarios. “We’re treating this feature as an ongoing experiment and will continue refining our approach,” Anthropic said in a blog post on Friday, 15 August.

    When Claude ends a chat, users will be able to edit and re-submit their previous prompt or begin a fresh conversation. They can also provide feedback by responding to Claude’s message with a thumbs up or down, or by using the ‘Give feedback’ button.

    The company clarified that Claude will not end conversations on its own if a user appears to be at imminent risk of harming themselves or others.

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  • Türkiye’s tourism boom faces climate change test as record heat reshapes travel patterns-Xinhua

    by Burak Akinci

    ANTALYA, Türkiye, Aug. 18 (Xinhua) — In Antalya’s old city of Kaleici, shopkeepers watch as tourists duck into shaded cafes. At the harbour, excursion boats stay moored through the midday heat, their crews waiting for cooler hours.

    For the second consecutive year, Türkiye’s tourism industry is celebrating record results, but it is also confronting an intensifying climate challenge that could reshape visitor flows for decades to come.

    Official figures show that in 2024, Türkiye welcomed 52.6 million foreign visitors, generating 61.1 billion U.S. dollars in revenue. The government projects tourism income will reach 64 billion dollars in 2025, with arrivals expected to grow further.

    In the first half of 2025 alone, Türkiye attracted 26.4 million international visitors, a one percent increase year-on-year, with revenues rising 7.6 percent to 25.8 billion dollars, Tourism Minister Mehmet Nuri Ersoy announced in late July.

    Yet beneath these encouraging numbers lies a shift in climate conditions that experts say will have profound implications for the sector.

    The Turkish State Meteorological Service reported that July 2025 was the hottest in 55 years, with an average nationwide temperature of 26.9 degrees Celsius, 1.9 degrees above the 1991-2020 average. In parts of the southeast and the Mediterranean coast, daily highs exceeded 45 degrees.

    “This is no longer just a weather anomaly; it’s part of a long-term trend,” Cagatay Tavsanoglu, a climate change scholar at Hacettepe University in Ankara, told Xinhua.

    “We’re likely to see a redefinition of Türkiye’s peak tourism season. Mediterranean destinations such as Antalya and Mugla may see visitors avoiding the hottest summer months in favor of the shoulder seasons,” he pointed out.

    The Mediterranean and Aegean coasts, home to Türkiye’s most visited beaches, are particularly vulnerable to rising sea surface temperatures, heat stress, and wildfires that have ravaged forest land this year in many parts of the country, he said.

    For tourism operators, the challenge is twofold: protecting visitors from extreme conditions while maintaining revenues.

    Murat Toktas, a tourism professional and a hotel association executive in the northern Black Sea region, said the industry is already shifting strategies.

    “Coastal resorts are promoting April, May, September, and October as alternatives to the peak summer months,” Toktas told Xinhua. “We’re also seeing more investments in mountain and plateau tourism in the Black Sea, where cooler temperatures offer a natural advantage.”

    But the changes go beyond marketing. Toktas noted that water supply is a growing concern. “Peak season water demand in many coastal towns already stretches capacity. A hotter, drier climate will intensify this. The sector must invest in water-saving technologies and renewable energy to sustain growth,” he stressed.

    The effects are already visible in visitor behavior. According to Toktas, some European travelers are booking trips earlier or later in the year to avoid summer heat.

    “This shift could leave July and August with lower occupancy unless hotels adjust pricing or package offers,” he said.

    In Antalya, hotels are responding by expanding shaded areas around pools, installing misting systems on terraces, and offering more evening and night-time entertainment.

    “Our guests still want to enjoy the sea, but they do it at 7 a.m. or after 5 p.m. now,” said one hotel manager, watching staff set out beach umbrellas before sunrise.

    Both experts stress that Türkiye’s tourism diversity offers opportunities for adaptation. “Thermal spas in central Anatolia, cultural festivals in cooler seasons, and Black Sea highlands tourism can all attract visitors year-round,” Toktas said.

    In Tavsanoglu’s view, the record-breaking heat of July 2025 stands as both a warning and a catalyst. Türkiye’s tourism sector, flush with record revenues, faces a choice between reacting piecemeal to each new heatwave or planning strategically for a warmer, drier future.

    Despite the challenges, industry representatives strive to remain hopeful.

    “The sector has shown resilience through political and economic challenges in the past,” Toktas said. “Climate change is the next big test.”

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  • Bitcoin sinks to $115,000 after hitting its newest record, as macro concerns spark liquidation wave

    Bitcoin sinks to $115,000 after hitting its newest record, as macro concerns spark liquidation wave

    A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year.

    STR | Nurphoto via Getty Images

    The crypto market tumbled to begin the week as heightened macro concerns triggered more than $500 million in forced selling of long positions.

    The price of bitcoin was last lower by 2% at $115,255.70, after touching a new all-time high last week – its fourth one this year – at $124,496. At one point, it fell as low as $114,706. Ether slid 4% to $4,283.15 after coming within spitting distance of its roughly $4,800 record last week. Both coins rolled over after higher-than-expected July wholesale inflation data raised questions over a Federal Reserve rate cut in September.

    Investors’ profit-taking triggered a wave of liquidations across the crypto market.

    In the past 24 hours, sales from 131,455 traders totaled $552.58 million, according to Coin Metrics. That figure includes about $123 million in long bitcoin liquidations and $178 million in long ether liquidations. This happens when traders are forced to sell their assets at market price to settle their debts, pushing prices lower.

    Stock Chart IconStock chart icon

    Bitcoin briefly dropped below $115,000 after reaching nearly $125,000 last week

    Adding to investor disappointment were comments from Treasury Secretary Scott Bessent, who clarified Thursday that the strategic bitcoin reserve President Donald Trump established back in March will be confined to bitcoin forfeited to the federal government, as it explores “budget-neutral pathways to acquire more bitcoin.”

    The top cryptocurrencies by market cap fell with the blue-chip coins, with the CoinDesk 20 index, a measure of the broader crypto market, down 3.7%. Crypto related stocks were under pressure premarket, led by ether treasury stocks. Bitmine Immersion was down 6% and SharpLink Gaming fell 3%. Crypto exchange Bullish, which made its public trading debut last week, was also lower by 3%.

    This week, investors are keeping an eye on the Fed’s annual economic symposium in Jackson Hole, Wyoming for clues around what could happen at the central bank’s remaining policy meetings this year. Crypto traders also will be watching Thursday’s jobless claims data.

    Last week’s test of bitcoin and ether highs surprised traders who expected an August pullback for cryptocurrencies, expecting macro concerns to steal focus from recent momentum around crypto’s institutional and corporate adoption – especially in what has historically proven a weak trading month for many markets – until the September Fed meeting.

    Many see pullbacks this month as healthy and strategic cooldowns rather than reactions to crisis, thanks largely to support from crypto ETFs as well as companies focused on aggressively accumulating bitcoin and ether. Although ETFs tracking the price of bitcoin and ether posted net outflows on Friday, they logged net inflows of $547 million and $2.9 billion, respectively, for the week. For ETH funds it was a record week of inflows as well as their 14th consecutive week of inflows.

    Don’t miss these cryptocurrency insights from CNBC Pro:

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  • Stonepeak Launches Middle East Renewables Platform WahajPeak

    Stonepeak Launches Middle East Renewables Platform WahajPeak

    Platform to be led by industry veteran Mothana Qteishat

    ABU DHABI & NEW YORK – August 18, 2025 – Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the launch of WahajPeak (the “Platform”), Stonepeak’s inaugural renewable energy platform in the Middle East dedicated to securing and developing high-quality renewable energy projects in the region and beyond.

    WahajPeak will invest in utility-scale renewable energy projects including solar, wind, and battery storage developments across the Gulf Cooperation Council and the broader Middle East. The Platform’s strategy is supported by constructive policy tailwinds across the region, including national energy agendas focused on decarbonization, energy diversification, and grid modernization. WahajPeak will be led by Mothana Qteishat, former Vice President at Jinko Power, who brings 17 years of experience in the Middle East’s renewable energy sector. He has led the development and delivery of more than 5 GW of solar capacity, including the delivery of two of the world’s largest solar projects at their time of operation. He will be supported by a seasoned team with more than 100 years of combined experience and a proven execution track record.

    Mothana Qteishat commented, “Governments across the Middle East and North Africa are targeting the deployment of approximately 175 GW of renewable energy capacity by 2030, creating a rapidly growing need for reliable, utility-scale infrastructure. With the WahajPeak team’s strong execution track record and Stonepeak’s deep experience in renewable energy investment and platform building, we are well-positioned to meet this demand. We’ve designed WahajPeak to scale and adapt over time, in step with the region’s evolving energy landscape, and we are excited to work closely with our stakeholders to seize the significant opportunities ahead.”

    Hajir Naghdy, Senior Managing Director and Head of Asia and the Middle East at Stonepeak, said, “Stonepeak has solidified its presence in the Middle East through dedicated boots on the ground in Riyadh and Abu Dhabi, and our previously announced partnership with The Arab Energy Fund. With the establishment of WahajPeak, we are furthering our commitment to the region. We look forward to leveraging our local presence and significant experience building and scaling pan-regional platforms as we work with Mothana and team to grow WahajPeak.”

    Ryan Chua, Senior Managing Director at Stonepeak, added, “WahajPeak is a great example of Stonepeak’s approach to platform creation—combining exceptional talent with long-term capital, and our sector capabilities and network, to deliver essential infrastructure—making it a natural fit for our global renewables strategy. We have the utmost confidence in Mothana and the WahajPeak team, whose extensive experience and expertise in the region will be invaluable as we look to support the region’s energy transformation.”

    Select examples of Stonepeak’s platform creation experience include Stonepeak’s Asia Energy Storage Platform, Peak Energy, and Synera Renewable Energy, which are all dedicated to the development, ownership, and operation of renewable assets in Asia. Stonepeak has also supported the development and operation of distributed solar generation assets in North America through its platform Madison Energy Investments, which the firm fully realized in 2023. Most recently, Stonepeak has launched two new platforms including JouleTerra, a European renewables land aggregation platform, and Longview Infrastructure, a North American transmission development and investment platform. Through these platforms and other investments currently backed by Stonepeak, the firm has a total of 10.4 GW of renewable energy in operations, under construction, or in development across wind, solar, and battery energy storage systems.

    About Stonepeak
    Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $76.3 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include transport and logistics, digital infrastructure, energy and energy transition, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.

    Contacts
    Kate Beers / Maya Brounstein
    corporatecomms@stonepeak.com
    +1 (646) 540-5225

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  • Better control of childhood EoE-associated inflammation reduces esophagus stiffening and complications

    Better control of childhood EoE-associated inflammation reduces esophagus stiffening and complications

    Researchers from Children’s Hospital of Philadelphia (CHOP) and Children’s Hospital Colorado have found that better control of chronic eosinophilic esophagitis (EoE)-associated inflammation during childhood leads to less stiffening of the esophagus, resulting in fewer disease complications. Using Endoluminal functional imaging (FLIP), the study team suggests this could be a key marker for assessing disease severity and progression. The findings were published online today by the journal Gastroenterology.

    EoE is a chronic allergic inflammatory disease of the esophagus, the muscular tube that carries food from the throat to the stomach. Children can experience nausea, regurgitation, vomiting, abdominal pain and a burning feeling like acid reflux. They may also have difficulty swallowing and gag frequently. Often, they can experience dysphagia, which is when it feels like something is stuck in their throat. If EoE goes untreated, the esophagus may narrow because of scarring, a phenomenon known as stricture.

    Chronic EoE-associated inflammation can lead to progressive tissue remodeling and fibrostenosis, or the narrowing of the esophagus. While clinicians recognize the severity of the disease, long-term studies looking at disease progression over time, and the impact of controlling the disease from a young age, is relatively unknown.

    This is the first study to follow kids overtime (with these endoscopic assessments) and evaluate the patients who are at the highest risk of complications. With the recent FDA approval of two medications for EoE, having this data could help identify the patients who could benefit from these therapies the most and observe improvement at a histologic level over time.”


    Amanda Muir, MD, co-senior study author, pediatric gastroenterologist, Division of Gastroenterology, Hepatology and Nutrition at CHOP

    Researchers at CHOP and Children’s Hospital Colorado launched a longitudinal study to evaluate long-term changes in esophageal distensibility, or the ability of the esophagus to expand, in pediatric patients between the ages of 3 and 18 years old. Symptomatic, endoscopic and histologic data were collected at each visit during the study. A total of 112 patients with EoE were included with a median follow-up time of 11 months, some followed for over 4 years.

    “Following children living with EoE over time has given us a clearer picture of how inflammation affects the esophagus and how treating it can improve the esophagus and outcomes for patients,” said Calies Menard-Katcher, MD, co-senior study author and Associate Director of Clinical Research for the Gastrointestinal Eosinophilic Diseases Program at Children’s Hospital Colorado. “It’s exciting to see these results confirm what we’ve suspected in caring for patients – and they may even help us spot those at risk for more severe disease.”

    The study found that patients with tissue samples showing a response to treatment demonstrated the most improvement in distensibility over time. After adjusting for different factors, the study found that patients with lower esophageal distensibility had increased odds of patient-reported dysphagia, or difficulty swallowing. Patients with fibrostenosis were generally diagnosed at an older age, had the disease for a longer period and showed reduced esophageal flexibility.

    Measuring distensibility at baseline predicted the need for future dilation in patients with strictures.

    The authors suggest that further studies that examine the disease from a molecular level could help them understand which patients may be at highest risk of severe disease and could benefit from a variety of treatment strategies.

    This study was supported by the National Institutes of Health grants R01DK124266-01, K23DK109263 and R21TR003039.

    Kennedy et al, “Histologic response is associated with improved esophageal distensibility and symptom burden in pediatric eosinophilic esophagitis.” Gastroenterology. Online August 15, 2025. DOI: 10.1053/j.gastro.2025.07.042.

    Source:

    Children’s Hospital of Philadelphia

    Journal reference:

    Kennedy, K., et al. (2025). Histologic response is associated with improved esophageal distensibility and symptom burden in pediatric eosinophilic esophagitis. Gastroenterology. doi.org/10.1053/j.gastro.2025.07.042.

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