Sweden’s Sobi to Buy CTI Biopharma in US for $1.7 Billion
Swedish Orphan Biovitrum AB has agreed to buy bio-pharmaceutical company CTI BioPharma Corp. in a deal valued at
2023-05-10 13:54
Buffett’s Japan Trading House Stock Picks Reach Record Highs on Results, Buybacks
Shares of the Japanese trading companies that Warren Buffet has invested in reached record levels this week after
2023-05-10 13:48
Egypt’s Inflation Ends Nine-Month Surge by Taking Short Breather
Inflation in urban parts of Egypt eased for the first time since June 2022, providing a reprieve that
2023-05-10 13:29
Toyota Profit Outlook in Line With Estimates, to Buy Back Shares
Toyota Motor Corp. forecast profit for the current fiscal year in line with analysts’ projections, as new Chief
2023-05-10 13:25
Chocolate Maker Delays Target Date to Sell 100% Sustainable Cocoa
Chocolate maker Barry Callebaut AG delayed its date for having 100% sustainably sourced cocoa, part of a broader
2023-05-10 13:19
Credit Agricole Trading Soars in Record Investment Bank Quarter
Credit Agricole SA’s investment bank posted a record performance in the first quarter as the French lender’s debt
2023-05-10 13:15
Bain Is Said to Near $494 Million Payout from Virgin Australia
Virgin Australia Airlines Pty Ltd. is close to paying A$730 million ($494 million) to its private equity owner
2023-05-10 12:49
Tencent, TSMC Shares Shunned by $3.2 Billion Fund on Valuations
A $3.2 billion fund focused on Asian equities is avoiding the region’s two biggest stocks, saying their valuations
2023-05-10 12:47
China’s AI Frenzy Spurs 200% Rally for Obscure Book Publisher
China’s craze for artificial-intelligence companies is supercharging the shares of some of the nation’s little-known publishers. China Publishing
2023-05-10 11:59
China Junk Dollar Bonds Hit Five-Month Low as Worries Spread
Chinese high-yield dollar bonds are at their lowest level of the year, as liquidity worries about property firms
2023-05-10 11:56
Xi’s Latest Crackdown Snares Experts Hired by Hedge Funds, CEOs
Xi Jinping’s crackdown on perceived threats to national security is roiling the vast industry of consultants and researchers
2023-05-10 11:28
China State-Linked Stock Rally Sputters Further on Profit Taking
A scorching stock rally in China’s state-linked companies lost further momentum Wednesday, as investors cashed in on the
2023-05-10 11:24