Danish pharma giant Novo Nordisk has made an unsolicited bid of up to US$ 9 billion for U.S. biotech firm Metsera, aiming to outflank rival Pfizer in the rapidly expanding …
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The euro-area economy expanded by 0.2% in the third quarter of this year, a modest but welcome surprise that edged ahead of economists’ median forecast of 0.1%. On an annualized …
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Tesla’s board chair, Robyn Denholm, has issued a stark warning to shareholders: if the company does not secure approval for CEO Elon Musk’s proposed performance-based compensation plan, the company may …
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Chip giant Nvidia will make a US$ 1 billion equity investment in Finland’s telecom equipment maker Nokia, buying 166.4 million newly issued shares at US$ 6.01 apiece, which corresponds to …
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OpenAI has completed its transition into a for-profit public benefit corporation (PBF), ending years of hybrid governance and clearing the way for new capital raising. The move gives Microsoft a …
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In a striking vote that reshapes Argentina’s economic outlook, markets reacted decisively following the mid-term victory of Javier Milei’s La Libertad Avanza party, signalling renewed investor confidence in a country …
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In what could become one of the largest single waves of white-collar job cuts in recent U.S. tech history, Amazon plans to eliminate up to 30,000 corporate roles, representing nearly …
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Qualcomm has announced two new artificial-intelligence accelerator chips, the AI200 and AI250, aimed at the data-centre market, with commercial availability slated for 2026 and 2027 respectively. The move marks a …
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In a bold departure from standard transaction strategy, OpenAI’s chief executive Sam Altman and a close-knit executive team have overseen infrastructure and chip supply agreements with a combined value of …
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HSBC has announced a US$ 1.1 billion provision in its third-quarter results to address potential liabilities from a lawsuit related to Bernard Madoff’s Ponzi scheme. The decision follows a partial …
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Global venture-capital firm Accel and Dutch tech investor Prosus have announced a strategic co-investment platform to back early-stage Indian start-ups, targeting founders building solutions at scale for India’s 1.4 billion-plus …
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The fiscal burden of the International Monetary Fund (IMF) shows that the United States is on track to see its general government gross debt exceed 143.4% of GDP by 2030, …