AstraZeneca Acquires Amolyt Pharma for $1.05B, Expanding Rare-Disease Portfolio
Drugmaker AstraZeneca said on Thursday it would acquire rare endocrine diseases-focused firm Amolyt Pharma for $1.05 billion in cash, in…
Boeing Vows Changes Post Audit
Responding to a U.S. government audit, Boeing said Tuesday that it would work with employees found to have violated company…
Adidas Reports First Loss in 30 Years, Warns on US Sales
German sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday and warned sales in…
Tensor Foundation Unveils TNSR Token for Solana NFT Marketplace
The Tensor Foundation, a recently formed organization behind Solana-based NFT marketplace Tensor, has outlined its plans for the TNSR token.…
Xiaomi Surges Most in Year After Setting Up Showdown With Tesla
Xiaomi Corp.’s shares had their biggest intraday jump in more than a year after the company announced it will start…
Reddit Launches Long-Awaited IPO With $748 Million Target
Reddit Inc. disclosed further details of what is set to be one of the year’s biggest initial public offerings, with…
Oracle Jumps After Big Cloud Contracts Spur Bookings
Oracle Corp. surged 13% after reporting a spike in bookings attributed to its closely watched cloud computing business, showing progress…
Oil Extends Drop: Investors Anticipate US Inflation Print
Oil pushed lower ahead of US inflation data and reports from OPEC and the IEA this week that may provide…
Volkswagen Exits Aussie Auto Lobby Over Green Standards
Volkswagen Australia said on Monday it had quit the policymaking committee at the country’s auto lobby, days after Tesla cut…
EU Commission Breached Privacy Rules with Microsoft Software
The European Commission’s use of Microsoft software breached EU privacy rules and the bloc’s executive also failed to implement adequate…