Michael Kremer, Nobel laureate and pioneer in development economics, has been appointed as the World Bank's Chief Economist, effective October 1. Known for his innovative approaches, Kremer will succeed Indermit Gill and aims to leverage the Bank's capacity to scale successful development interventions globally.

Sanofi has inaugurated a $925 million vaccine manufacturing facility in Toronto, enhancing Canada's flu vaccine production, particularly for seniors. The site promises 1,200 jobs and reflects significant federal, provincial, and municipal investment, aiming to strengthen domestic vaccine independence and innovation.

Canon unveils 12 new imagePROGRAF TX and TM models, including the TM-610M and TM-510M, enhancing large-format printing with integrated scanners and advanced imaging features. Targeting sectors like architecture and engineering, these models offer environmental benefits and improved productivity, debuting at the PRINTING United Expo 2026 in Las Vegas.

China outpaces the U.S. in consumer AI usage, with 80% of Chinese users engaging with AI weekly, compared to 54% in the U.S., driven by integration into apps by giants like Tencent and Alibaba. A Morgan Stanley report highlights China's AI ecosystem's robust engagement, with significant revenue potential from AI-driven transactions and advertising, though challenges remain in sustaining growth.

The Bank of Canada has partnered with CanDeal Data & Analytics to adopt CanDeal DNA Reference Pricing for Canadian fixed income securities to enhance market operations and policy development. This collaboration will see the Bank publish Government of Canada bond yields, positioning CanDeal as a key data provider in Canadian capital markets.

Evo Singapore will launch as a Southeast Asian edition of the renowned fighting game festival, set for January 2027 at Marina Bay Sands, with player registrations now open. The event will feature major titles like Street Fighter 6 and TEKKEN 8, offering a minimum prize pool of US$125,000, and will be streamed globally on Twitch and YouTube.

Senate Majority Leader John Thune champions regulatory measures on frontier AI to curb threats, facing opposition from AI researchers and advocacy groups. Public skepticism about AI's economic benefits grows, while national debates intensify over the balance between innovation and safety, with contrasting views between Senate Republicans and House Democrats.

AI-related e-waste is set to skyrocket, with projections reaching up to 46 million tonnes annually by 2050, according to BAN’s latest report. The U.S.'s lack of Basel Convention ratification exacerbates the issue, highlighting the need for urgent policy reform to curb hazardous waste exports.

Impulse Space secures a $28M contract extension and earns a spot in the Space Force's National Security Space Launch program, highlighting its growth and strategic capabilities. The company's expansion includes a substantial increase in workforce and new product offerings, bolstered by an extended Series D funding round totaling $808M, valuing the firm at $5.6B.

Valve is pushing to expand SteamOS ARM compatibility, leveraging FEX to emulate x86 on ARM hardware, enabling broader access to Steam games on more devices. This initiative is influenced by the Steam Frame's market performance, aiming for long-term infrastructure support across wider ARM platforms.