Category: 3. Business

  • GLP-1 drugs beat metformin for weight control in teens with type 2 diabetes

    GLP-1 drugs beat metformin for weight control in teens with type 2 diabetes

    A new real-world study reveals that advanced GLP-1 therapies, including semaglutide and tirzepatide, provide comparable glycemic control while offering superior weight benefits compared to metformin in adolescents newly diagnosed with type 2 diabetes.

    Exploratory real-world experience with GLP-1 receptor agonists vs. metformin in youth with new-onset type 2 diabetes: a single-center retrospective study. Image Credit: Meteoritka / Shutterstock

    In a recent study published in the Journal of Pediatric Endocrinology and Metabolism, researchers compared the efficacy of metformin and GLP-1–based therapies, including GLP-1 receptor agonists and the dual GIP/GLP-1 agonist tirzepatide, in youth newly diagnosed with type 2 diabetes (T2D).

    Aggressive Nature and Treatment Challenges of Youth-Onset T2D

    Youth-onset T2D progresses rapidly, with early onset of complications in adulthood. Metformin remains the first-line therapy for newly diagnosed pediatric patients; however, while it effectively lowers glycated hemoglobin (HbA1c), it has minimal effects on weight loss and limited durability in glycemic control. GLP-1–based therapies, already recommended in adults, are gaining traction in younger populations due to their glucose-lowering and weight-reducing effects.

    Rationale for Exploring High-Potency GLP-1 Therapies

    Several GLP-1 receptor agonists are approved for pediatric T2D, supported by guidelines as adjunctive treatments to metformin. Yet, approved pediatric doses yield modest weight benefits. This has prompted investigation into higher-potency GLP-1RAs and monotherapy approaches, including dual incretin agents such as tirzepatide, to assess whether stronger metabolic effects can be achieved in this age group.

    Study Design and Population Characteristics

    This retrospective, real-world study extracted data from electronic medical records of an urban pediatric hospital. Eligible participants were youth with newly diagnosed T2D who received GLP-1RA or metformin monotherapy between January 2022 and March 2024. Exclusion criteria included combination therapy, insulin as first-line treatment, and diabetes secondary to other causes.

    Collected variables included demographics, diabetes duration, BMI, HbA1c, BMI z-scores, medication type and dose, and adverse effects. All participants were publicly insured. The primary outcomes were monthly changes in HbA1c and percent BMI within the first year post-diagnosis, with secondary outcomes assessing median changes in HbA1c, BMI, and z-scores.

    Baseline Demographics and Medication Profiles

    A total of 125 youth were included (median age 14.83 years), with 113 on metformin and 12 on GLP-1RA therapy. The GLP-1RA group was predominantly female (83%) compared to 51% in the metformin group, and fewer individuals identified as Latino (41.7% vs 69.9%). The most prescribed GLP-1RA was semaglutide 1 mg (33%), followed by tirzepatide 7.5 mg (25%). Higher-potency formulations (semaglutide up to 2.4 mg and tirzepatide) were used, which may account for stronger weight effects compared to pediatric trials that employed lower doses. Seven GLP-1RA recipients reported gastrointestinal adverse effects such as nausea, vomiting, and constipation.

    Comparative Glycemic and Anthropometric Outcomes

    Baseline HbA1c levels were similar across groups. At follow-up, unadjusted analyses showed lower HbA1c in the GLP-1RA group (36 vs 44 mmol/mol, p = 0.03), but adjusted models revealed no statistically significant monthly HbA1c change (β −1.1, p = 0.308). Median HbA1c decreased by 8.7 mmol/mol with metformin and 14.2 mmol/mol with GLP-1RA therapy.

    Regarding weight outcomes, GLP-1RA recipients exhibited greater BMI reduction (−0.43 kg/m² per month) compared with metformin (−0.01 kg/m² per month). Adjusted regression analysis indicated an approximately 1% additional monthly BMI reduction with GLP-1 therapy (β = −1.08%, p = 0.001). Final percent BMI reduction was −5.1% for GLP-1RA and −0.59% for metformin, with corresponding z-score decreases of −0.02 and −0.01, respectively.

    Interpretation of Efficacy and Safety Findings

    At study completion, 83% of GLP-1RA users and 67% of metformin users achieved the target HbA1c of 48 mmol/mol. Although glycemic control was comparable, GLP-1RA therapy conferred superior weight reduction benefits. Adverse events were limited to gastrointestinal symptoms, consistent with the known pharmacological effects of GLP-1. The small sample size of the GLP-1RA, however, limits generalizability, and baseline BMI differences may have influenced the observed outcomes.

    Study Limitations and Future Research Directions

    The interpretation of the findings is limited by the small GLP-1RA cohort (n = 12), baseline imbalances in BMI and sex, the single-center retrospective design, incomplete autoantibody testing, and a median follow-up of approximately eight months. Larger, multicenter trials with balanced cohorts and extended follow-up are required to confirm comparative effects on HbA1c sustainability, beta-cell preservation, and insulin sensitivity.

    Journal reference:

    • Tejeji I., Zeier T., Smith J. A., Chang N. T., Chao L. C. (2025). Exploratory real-world experience with GLP-1 receptor agonists vs. metformin in youth with new-onset type 2 diabetes: a single-center retrospective study. Journal of Pediatric Endocrinology and Metabolism. DOI: 10.1515/jpem-2025-0493, https://www.degruyterbrill.com/document/doi/10.1515/jpem-2025-0493/html

    Continue Reading

  • Yen slips to 9-month low as traders eye end to U.S shutdown

    Yen slips to 9-month low as traders eye end to U.S shutdown

    The safe-haven yen was pinned near its weakest levels for months on Tuesday while riskier currencies were firm against the dollar.

    Sutthipong Kongtrakool | Moment | Getty Images

    The safe-haven yen hit its lowest since February on Tuesday while riskier currencies were firm against the dollar, as traders waited to see whether U.S. lawmakers could secure an end to the government shutdown in coming days.

    The euro was steady at $1.1558 and sterling has been creeping higher to $1.3177.

    A deal that would restore U.S. federal funding, and end the longest shutdown on record, cleared an initial Senate hurdle late on Sunday, though it was unclear when Congress would give its final approval.

    A gain of about 0.7% for the Australian dollar to $0.6536 and a drop in the yen to 154.11 per dollar were the biggest movers in the wake of the breakthrough. The yen briefly touched 154.49 per dollar in morning trade, its weakest since February.

    Analysts said their moves could be vulnerable to reversal if the path to inking the shutdown deal dragged much beyond this week. There are still several Senate hurdles to clear.

    House of Representatives Speaker Mike Johnson said his chamber could pass the bill as soon as Wednesday and send it on to President Donald Trump to sign into law, if the Senate acts quickly.

    “Reopening by November 15 is just about fully priced in for now, so any deviation or delays from that could be viewed as risky for this rebound in liquidity,” said Brent Donnelly, president at analytics firm Spectra Markets.

    New Zealand inflation expectations, British weekly wage data and Germany’s ZEW sentiment survey are due later in the session.

    The New Zealand dollar has been under pressure for months as the economy slows and had on Tuesday hit a 12-year low against the Australian dollar, reflecting a divergent outlook for interest rates in the Antipodes.

    Continue Reading

  • Ecopetrol Group Releases Its First Financial Sustainability Report, Incorporating Reference Elements from the International Sustainability Standards Board (ISSB) Framework

    Ecopetrol Group Releases Its First Financial Sustainability Report, Incorporating Reference Elements from the International Sustainability Standards Board (ISSB) Framework

    BOGOTA, Colombia, Nov. 10, 2025 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that it has published its first 2024 Financial Sustainability Report, in line with its commitment to transparency, sustainable value creation, and a fair and equitable energy transition for the country.

    This document marks a milestone in the evolution of sustainability disclosure practices by consolidating the content previously presented separately under the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the metrics of the Sustainability Accounting Standards Board (SASB) into a single report, incorporating reference elements from the International Sustainability Standards Board (“ISSB“) framework.

    This unified report has been implemented in response to the need to simplify, standardize, and enhance the value of sustainability information disclosed to the market. It is structured around the Ecopetrol’s pillars of governance, strategy, risk and opportunity management, metrics, and targets.

    The full report is available at the following link:

    https://www.ecopetrol.com.co/wps/portal/Home/sostecnibilidad/reportes-estandares/Informesgestionsostenibilidad 

    Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA’s shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla – Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector.

    For more information, please contact:

    Head of Capital Markets
    Carolina Tovar Aragón
    Email: [email protected]

    Head of Corporate Communications
    Marcela Ulloa
    Email: [email protected]

    SOURCE Ecopetrol S.A.

    Continue Reading

  • Redefining Home Comfort in Southeast Asia – Samsung Newsroom Malaysia

    Redefining Home Comfort in Southeast Asia – Samsung Newsroom Malaysia

     

    Homeowners in Southeast Asia today are paying greater attention to creating modern living spaces of their very own. With increasing interest in both form and function, they are making design choices that more closely intertwine with technology, comfort, and seamless connectivity.

     

    Cooling is one such aspect, which is fundamental to many Southeast Asian homes located in humid tropical climates – for instance, 2025 has been Malaysia’s hottest year in its modern history, with extreme temperatures ranging from 40°C to 45°C[1]. Meanwhile, Northern Vietnam experienced record high temperatures in August 2025, with Hanoi hitting peak temperature at 40.3°C[2]. Naturally, air-conditioners play a critical role in the modern home, providing not only essential comfort but also offering the potential to enhance design harmony and lifestyles through effortless connection, customization, and control.

     

     

    Shifting Home Design and Interior Aesthetics

    When it comes to home design, minimalist, open-plan homes with full-height windows and panoramic glass walls are gaining popularity amongst Southeast Asian consumers. However, these homes often feature square-shaped living areas, making it challenging to identify a suitable wall space for air conditioners without compromising on interior design.

     

    Ceiling-mounted air conditioners are easily incorporated into ceilings, without disrupting design aesthetics

     

    Traditional wall-mounted air conditioners often disrupt intended aesthetics, requiring large sections of uninterrupted wall space, resulting in inflexible interior and potential clash with modern décor. It is no surprise then, that ceiling-mounted system air conditioners (SACs) are emerging as the preferred alternative.

     

    As Jenny Baek, Vice-President and Head of the Air Solution Business Group at Samsung Electronics, explains: “Even if someone isn’t installing floor-to-ceiling glass, they may still want to keep their walls flexible, and system air conditioners give them that freedom”.

     

    In fact, in a recent survey[3], 84% of Thai system air conditioner users expressed high satisfaction, citing effective cooling for large areas and less impact on interior aesthetics as the main benefits.

     

    With flexible installation, WindFree™ cooling and an intelligent AI system, the WindFree 1Way Cassette is built to meet the demands of stylish, comfortable living.

     

    Samsung’s WindFree 1Way Cassette is an ideal choice to meet such needs. Featuring WindFree™ technology to effectively maintain a comfortable level of coolness without any unpleasant cold drafts, the air-conditioner disperses cool air through 10,000 micro air holes. Meanwhile its ultra-slim silhouette fits seamlessly into ceiling and blends effortlessly into modern interiors – freeing up walls for art, shelves or curtains and delivering clean, quiet and sleek comfort.

     

    It’s evident that comfort and style are rising priorities for consumers in the region. In 2024, Samsung’s system air conditioner sales in Southeast Asia rose by over 20% from the previous year, with sales of the one-way cassette model alone jumping more than 35%.

     

     

    Powering Effortless and Smart Living

    Beyond design, intuitiveness, adaptiveness, and sustainable use are key for homeowners, with consumers in the Philippines citing energy efficiency and upgraded features as the two most important factors for consideration when purchasing new air-conditioners[4]. 

     

    Effortlessly control the WindFree 1Way Cassette with Samsung SmartThings App

     

    Equipped with built-in Wi-Fi, the WindFree 1Way Cassette works seamlessly with SmartThings to enable all-day comfort, offering centralized control over settings and performance. Working in the background, features like SmartThings Al Energy Mode can automatically adjust settings to reduce energy use by up to 20%[5] for cost and energy savings. Meanwhile, Comfort Humidity Control monitors temperature and humidity to maintain a steady indoor climate.

     

    Designed to offer convenience and effortless support for daily life, the WindFree 1Way Cassette can be configured to switch on automatically when one is on the way home with Welcome Cooling[6]. It can also connect seamlessly to wearable devices like Samsung’s Galaxy Watch or Ring, to track sleep cycles and optimize room temperatures with the AI-powered Good Sleep Mode[7].

     

     

    In-store Experiences to Make Informed Choices

    Traditionally, system air conditioners (SACs) were installed primarily in commercial spaces such as offices, hotels, or large stores, and therefore promoted through specialized distributors or catalogues rather than in general retail environments. However, in the same Samsung research survey[8], customers – for example, those in Thailand – who expressed an intention to purchase system air conditioners also wanted the ability to see and compare them in person, at general electronics stores or large supermarkets, not just through catalogues or installers.

     

    Responding to this shift, Samsung introduced in-store displays for its system air conditioners in Southeast Asia starting in June earlier this year. Shoppers can now view, compare, and purchase models directly at large electronics retailers and supermarkets. The pilot program launched in select locations in Thailand, including Siam Paragon mall, generated overwhelming consumer response.

     

    In-store display of WindFree 1Way Cassette at Siam Paragon Mall

     

    More Southeast Asian consumers can look forward to new opportunities to explore the product portfolio, with Samsung expanding in-store SAC displays to six Southeast Asian markets including Vietnam, Indonesia, Thailand, Philippines and Malaysia this year. Interested consumers are now able to pop into participating stores to experience the technology firsthand and enjoy greater flexibility in how they cool their homes.

     

    For more information, please visit: https://news.samsung.com/my/

     

     

     

    [1] Climate crisis deepens as Malaysia hits 45°C
    [2] Record heatwave blasts northern Vietnam
    [3]  Based on the Samsung 1-way cassette AC Study in Southeast Asia conducted across two markets, Thailand and the Philippines, from November to December 2024.
    [4]  Based on the Samsung 1-way cassette AC Study in Southeast Asia conducted across two markets, Thailand and the Philippines, from November to December 2024.
    [5] Requires the use of SmartThings app and a Samsung account. Actual savings may vary by usage patterns and environment. Savings realized from comparison of power consumption with AI Energy Mode on and off, using AI Comfort Cooling mode at 24°C for cooling and 22°C for heating.
    [6] This function may be affected by the GPS conditions.
    [7] It can be used when linking a Samsung smartphone with Samsung software One Ul version 4.0 or later and a wearable device that supports Wear OS: Galaxy Watch 4 or later, Fit 3 or later, Galaxy Ring. You must download the Samsung SmartThings App on the wearable device and connect the air conditioner to your home Wi-Fi.
    [8] Based on the Samsung 1-way cassette AC Study in Southeast Asia conducted across two markets, Thailand and the Philippines, from November to December 2024.

    Continue Reading

  • Orix, Qatar Investment to launch $6.6 billion Japan-focused buyout fund, Nikkei reports

    Orix, Qatar Investment to launch $6.6 billion Japan-focused buyout fund, Nikkei reports

    TOKYO, Nov 11 (Reuters) – Japanese financial services firm Orix (8591.T), opens new tab is teaming up with the Qatari sovereign wealth fund to launch a Japan-focused private-equity buyout fund that may total over 1 trillion yen ($6.63 billion) in size, the Nikkei daily reported on Tuesday.

    Orix will hold a 60% stake and the Qatar Investment Agency a 40% stake in the newly established fund management company, the Nikkei said.

    Sign up here.

    ($1 = 150.7800 yen)

    Reporting by Anton Bridge; Editing by Christian Schmollinger

    Our Standards: The Thomson Reuters Trust Principles., opens new tab

    Continue Reading

  • CoreWeave earnings: Data-center operator posts $56 billion in contracted future revenue, but revenue guidance drops amid bubble fears

    CoreWeave earnings: Data-center operator posts $56 billion in contracted future revenue, but revenue guidance drops amid bubble fears

    CoreWeave needed a lot of things to go right on Monday as it released third-quarter financial results, and one of the most critical was showing that its contracted future revenues could hit a $50 billion target Wall Street had set as a benchmark for the AI data-center and infrastructure operator. 

    In its announcement, CoreWeave confirmed it nearly doubled its revenue backlog, which includes “remaining performance obligations” (RPOs) and other amounts it estimates will be recognized as revenue, to $55.6 billion, up from $30 billion the previous quarter. The surging backlog, which represents future revenues from customers, was driven by contracts with Meta, OpenAI, and French AI startup Poolside. Earnings and revenue, meanwhile, both beat analysts’ consensus estimates.

    The company also reported an increase in the debt on its balance sheet, however, and it revised its full-year revenue guidance downward. Following its earnings release and call with analysts, the stock dropped 6% in after-hours trading.

    Some investors have trained a gimlet eye on CoreWeave as more skeptics kick the tires of the booming AI trade and the concurrent infrastructure buildout. Concerns about CoreWeave, which some see as a potential canary-like indicator of weakness in the AI ramp-up, and about the AI build-out in general have sent the stock on a journey that has seen it tumble more than 30% from mid-August highs.

    The downward revision in revenue guidance reflected delays in construction of some of CoreWeave’s data centers. “While we are experiencing relentless demand for our platform, data center developers across the industry are also enduring unprecedented pressure across supply chains,” CEO Michael Intrator said during the analysts’ call. “In our case, we are affected by temporary delays related to a third-party data-center developer who is behind schedule.”

    Chief financial officer Nitin Agrawal offered full-year 2025 revenue guidance of $5.05 billion to $5.15 billion, down slightly from the guidance Intrator offered on the second-quarter earnings call, of between $5.15 billion to $5.35 billion. The customer impacted by the delay agreed to adjust the delivery schedule and extend the expiration date, Intrator said, which means CoreWeave will maintain the total value of the original contract.

    Agrawal said the company’s 2025 capex spending would be between $12 billion to $14 billion, down significantly from the $20 billion to $23 billion Intrator forecast last quarter. However, Agrawal said CoreWeave expects 2026 capex to soar.

    “Given the significant growth in our backlog and continued insatiable demand for our cloud services, we expect capex in 2026 to be well in excess of double that of 2025,” Agrawal said.

    Revenue leaps, losses narrow, debt increases

    CoreWeave reported revenues of $1.4 billion for the quarter, up from $584 million in the same quarter last year and beat analysts’ estimates. Profitability, at least by traditional GAAP measures, remains elusive. CoreWeave reported a net loss of $110 million, although it was an improvement over its $359.8 million loss in the third quarter last year and also better than analysts expected.

    Adjusted net loss, which shows financial performance without extraordinary items, was $41 million for the quarter compared to the same quarter last year when it was break-even, Agrawal said. Adjusted EBITDA, which shows earnings without certain one-time expenses, were $838 million in the third quarter, compared to $379 million in Q3 2024. 

    Operating income, a metric that shows profit from core businesses, fell to $51.9 million, compared to the same quarter last year when it was $117.1 million. Operating margins shrunk to 4% from 20%. 

    Meanwhile, adjusted operating income, which shows a different view on core business performance, was $217 million for the third quarter, compared to $125 million in the third quarter of 2024, said Agrawal, the CFO. CoreWeave’s third quarter adjusted operating margin was 16%, due to higher revenues, lower costs, and the timing of data center deliveries from third parties.

     While Monday was just this side of positive for CoreWeave, analysts who are bearish on the AI cloud computing company remain leery of its finances. They see the company as at risk of being overwhelmed by the significant financial commitments it has taken on to build out data centers, which currently look disproportionately large compared to its revenues and cash flow. Based on its latest earnings release, CoreWeave has $9.7 billion in bills due within the next 12 months on its balance sheet, and a total of $14 billion in current and longer-term debt. Last quarter, those figures were $7.6 billion and $11 billion, respectively. 

    CoreWeave also has $34 billion in scheduled lease payments on contracts that will commence between now and 2028. Interest expense reached $311 million for the quarter, nearly triple the figure from the year-earlier period, of $104 million. 

    CoreWeave bulls, meanwhile, remain confident that revenues from the company’s book of contracts will eventually far outstrip its debt obligations. During the past three months, CoreWeave has announced a spate of significant deals, booking a $14.2 billion deal to provide Meta with computing capacity and an agreement with Poolside for a data center with 40,000 of Nvidia’s coveted GPUs.

    Continue Reading

  • Boeing gets nod for moving 777X forward in certification, Air Current reports

    Boeing gets nod for moving 777X forward in certification, Air Current reports

    Nov 10 (Reuters) – Boeing (BA.N), opens new tab received approval last week from the U.S. Federal Aviation Administration to begin the third of five major phases of certification flight tests for its 777-9, the Air Current reported on Monday, citing people familiar with the program’s progress.

    Reuters could not immediately verify the report.

    Reporting by Rishabh Jaiswal in Bengaluru; Editing by Sherry Jacob-Phillips

    Continue Reading

  • AI is back — it never really went away

    AI is back — it never really went away

    Jakub Porzycki | Nurphoto | Getty Images

    Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive decline since 2011.

    Market watchers are hoping that another historically long streak — the U.S. government shutdown — could soon be snapped as well. As of this newsletter's publication time, lawmakers in the U.S. Senate are voting on a deal to reopen the government, though it still has to pass through the House and then signed into law by President Donald Trump (who has already given it his approval).

    That's not to say worries about AI's high valuations have gone away completely.

    CoreWeave on Monday reported its third-quarter earnings. It rents out Nvidia cards to AI-related firms, such as Google and Microsoft, a business model that ties it intimately to the AI trade. The company's revenue swelled 134% year on year, but it still reported a net loss and gave lower-than-expected guidance for this year.

    The general shape of those figures — high revenue and high losses — broadly reminds one of OpenAI, the industry-leading, money-bleeding startup that kickstarted the AI frenzy. Though it would of course be a stretch to equate the two companies and the factors driving their finances.

    Still, Mark Haefele, CIO of UBS's global wealth management, thinks "AI-related stocks should drive equity markets." With the U.S. government shutdown in sight to end (hopefully this doesn't jinx it), that's another obstacle surpassed for markets.

    What you need to know today

    And finally...

    Russian President Vladimir Putin on October 15, 2025.

    Alexander Zemlianichenko | Afp | Getty Images

    Russia is late to the party, but it's still preparing to enter the rare earths fray

    Russian President Vladimir Putin last week ordered his officials to complete a road map by Dec.1 "for the long-term development of the extraction and production of rare and rare earth metals."

    Moscow has fallen behind peers like China when it comes to the exploitation of its deposits of rare earth elements. While lagging behind the big players, Russia is still estimated to possess the fifth largest known reserves of rare earths, totaling 3.8 million tonnes, the United States Geological Survey stated. That's above the U.S. which is seen with 1.9 million tonnes.

    — Holly Ellyatt


    Continue Reading

  • China taps potential of new tech application scenarios to boost economic growth

    BEIJING, Nov. 10 — China is seeking to drive high-quality economic development by exploring further application scenarios for new technologies and products, with the aim of promoting their large-scale industrial application and development, and accelerating the development of emerging industries.

    At a policy briefing in Beijing on Monday, Li Chunlin, deputy head of the National Development and Reform Commission, said that scenarios have become key innovation resources, defining the term “scenario” as a bridge that connects technology and industry, and that links research and development with the market.

    The briefing was delivered by officials of multiple government departments and came after the General Office of the State Council publicized a related set of guidelines last week.

    Li said the guidelines have specified efforts to explore and develop new application scenarios on five major fronts: the digital economy and artificial intelligence; industrial transformation and upgrading in sectors such as manufacturing and transport; industries such as mining and emergency response; social governance services; and public welfare.

    He said that these measures will provide opportunities for private capital and private enterprises to participate in the development of scenarios, and revealed that central government funding will be provided to support eligible infrastructure projects that serve major application scenarios.

    Also speaking at the briefing, Ministry of Industry and Information Technology official Yao Jun said that the ministry attaches great importance to nurturing scenarios, and it will work to accelerate the exploration of application scenarios in a wide range of fields by utilizing 5G, AI, robotics, industrial internet and BeiDou navigation technologies.

    Continue Reading

  • Clyde & Co expands North American Trial & Defense practice with new partner hire in Washington, DC : Clyde & Co

    Clyde & Co expands North American Trial & Defense practice with new partner hire in Washington, DC : Clyde & Co

    Global law firm Clyde & Co today announced the appointment of Kirsten Wilkerson as a partner in its Washington, DC, office. Her arrival marks a strategic expansion of the firm’s North American Trial & Defense practice, reinforcing Clyde & Co’s position as a leading legal advisor to the insurance sector and deepening its litigation capabilities in a key market.



    Clyde & Co expands North American Trial & Defense practice with new partner hire in Washington, DC

    Kirsten Wilkerson is a seasoned litigator with 25 years of experience defending complex, high-value, and emerging tort claims. Her practice spans personal injury, mass torts, toxic exposure, and premises liability, among other areas. She also has extensive mediation experience, having negotiated structured settlements in complex cases across the country. 

    Eileen King Bower, Partner and Chair of Clyde & Co’s North American Board commented: “Kirsten brings a proven ability to craft and execute litigation strategies in some of the most complex and high-stakes cases. Her appointment reflects our ongoing commitment to expanding our insurance capabilities across the US and will further enhance our ability to deliver outstanding service and results for our clients.”

    Kirsten Wilkerson commented: “Joining Clyde & Co offers an exciting opportunity to contribute to its highly respected Trial & Defense practice. My experience handling complex tort claims, from environmental and toxic exposure to premises liability, aligns closely with the firm’s strategic focus. I’m looking forward to working alongside talented colleagues across the firm and helping clients navigate the challenges of high-stakes litigation.”

    Clyde & Co is a leading global law firm with a robust North American practice that offers clients industry-leading advisory and dispute resolution services. The firm opened its first North American office in New York in 2006. Since then, the firm has grown to 19 offices with more than 400 attorneys across the US and Canada, including more than 100 partners.


    About Clyde & Co

    Clyde & Co is a leading global law firm, helping organizations navigate risk and maximize opportunity in the sectors that underpin global trade and commercial activity, namely: insurance, aviation, marine, construction, energy, trade and natural resources. Globally integrated, the firm has 500 partners, 2,400 lawyers, 3,200 legal professionals and 5,500 people overall in over 70 offices and associated offices worldwide. For more information please visit www.clydeco.com.

    Continue Reading