Musk Clarifies Government Ties as Tesla and SpaceX Shares Slide on Regulatory Fears

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Elon Musk has clarified that Tesla holds no government contracts and that SpaceX's government revenue is shrinking. Shares of both companies fell notably after Democrats secured a victory in the midterm elections. Investors worry the incoming administration could subject Musk's businesses to closer oversight. Musk said he is prepared to cancel any government contracts that prove unwanted.

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Phage therapy shows 77% clinical improvement against superbugs as global guidelines arrive

Doctors are increasingly turning to phage therapy, which uses viruses to destroy harmful bacteria, as antibiotic resistance grows. A Belgian study reported that more than 77% of patients showed meaningful clinical improvement. New international guidelines have been issued to support the use of personalised bacteriophage treatments. Researchers, however, stress that more studies are needed before the therapy's full potential is understood.

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IndiaTimes of India ·

Katy Perry's former $6.5m Hollywood estate is now listed for rent at $275,000 a month

A Hollywood property once owned by singer Katy Perry is now available to rent for $275,000 a month. The estate was previously sold for around $6.5 million. The listing has drawn attention because of the steep monthly rental price relative to its former sale value. Details of the property's features and the reasons behind the rental listing were not included in the source text provided.

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McDonald's, KFC and Nestle Hold Prices Despite Rising Inflation

Inflation in India climbed to a near two-year high of 5.54 per cent in September. Food costs were the main driver of the rise, with food inflation reaching 7.74 per cent. Despite this pressure, companies such as McDonald's, KFC and Nestle have chosen to avoid raising their prices. The article examines the reasons behind this decision. The source material provided is limited, so further details on the companies' strategies are not included here.

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