Shares in Danish drugmaker Novo Nordisk rose 2.3% on Friday after Novo said it plans to move its experimental weight-management drug Amicretin into late-stage development after receiving feedback from regulators. Novo had a market capitalization of $365 billion as of…
Reliance Industries Ltd. sold about 3.7% of shares in Indian paint maker Asian Paints Ltd. in a package deal that raised $900 million. Reliance Industries, which owned a stake in the country’s largest paint maker Asian Paints, a unit of…
Dana’s Off-Road division manufactures mobile transmissions and propulsion systems for heavy-duty vehicles used in construction, agriculture, material handling, mining, forestry and industrial applications. In November, Dana announced plans to sell the business as part of a cost-cutting campaign to overcome…
Tanks, troops and marching bands descended on the nation’s capital for a massive parade of American military might, staged at the request of President Donald Trump. The show was met by thousands of Americans across the country showing a different…
Pepco has been considering options to sell the British discounter, which has more than 800 stores, since December and warned last month that a potential sale would result in meager earnings as the business experiences “challenging trading conditions”. “This sale…
Under the deal, which brings together two former competitors in the race to develop a COVID-19 vaccine, each CureVac share will be exchanged for approximately $5.46 in BioNTech American depositary shares (ADS), BioNTech said. The deal underscores BioNTech’s expensive long-term…
“I regret some of my posts about President @realDonaldTrump last week. They went too far.” WASHINGTON: Elon Musk, the world’s richest man and a former adviser to Donald Trump, said on Wednesday he regretted some of his recent criticisms of…
A KidsRights report found that one in seven children and young people aged 10 to 19 suffers from a mental health problem. AMSTERDAM: The “uncontrolled expansion” of social media is causing an unprecedented global mental health crisis for children and…
Israel launched a massive assault on the core of Iran’s nuclear and military structure on Friday, using warplanes and drones smuggled into the country to hit key sites and kill top generals and scientists. According to him, the shelling was…
The new Global Networks business will include entertainment, sports and dozens of cable TV brands such as CNN, TNT and TBS, and will be led by CFO Gunnar Wiedenfels. He will own a 20% stake in another business, Streaming and…