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Business

Novartis AG Strikes a Groundbreaking Deal to Acquire Regulus Therapeutics for Up to $1.7 Billion

Novartis AG announces a deal to acquire Regulus Therapeutics for up to $1.7 billion, including an initial $0.8 billion payment and a contingent value right for shareholders, aiming...

Business

Intel Faces Leadership Shakeup as Chief Commercial Officer Christoph Schell Announces Resignation

Intel Corporation's Chief Commercial Officer Christoph Schell resigns, marking another leadership change after the recent CEO transition. Schell's departure is to pursue new opport...

Business

Airbus Soars with a 6% Revenue Increase to €13.5 Billion in Q1 2025, Net Income Up by 33%

Airbus SE announced a 6% increase in Q1 2025 revenue to €13.5 billion, with net income up by 33% to €793 million. CEO Guillaume Faury highlighted progress and addressed supply chai...

Business

Adani Group Halts $10 Billion Chip Venture Talks with Israel's Tower Semiconductor Amid Viability Concerns

The Adani Group has paused discussions with Israel's Tower Semiconductor on a $10 billion chip manufacturing venture in India due to viability concerns. This move challenges India'...

Business

Lockheed Martin and Rheinmetall Forge Strategic Alliance to Boost Europe's Defense with Missile Production

Rheinmetall AG and Lockheed Martin Corporation are expanding their partnership to produce missiles in Europe, aiming to enhance the continent's defense capabilities. The project, c...

Business

GE HealthCare Surpasses Expectations with a 3% Revenue Increase to $4.8 Billion in Q1

GE HealthCare reports a 3% revenue increase to $4.8 billion in Q1 2025, surpassing expectations with a 50.8% jump in net income to $564 million. The company also announces a $1 bil...

Business

Microsoft Unveils Strategic Digital Commitments to Enhance Europe's Tech Landscape

Microsoft announces five digital commitments to Europe, focusing on AI, cloud ecosystems, cybersecurity, and data privacy, while also emphasizing the importance of trans-Atlantic e...

Business

Novartis AG Set to Acquire Regulus Therapeutics in a Groundbreaking $1.7 Billion Deal

Novartis AG announces a strategic acquisition of Regulus Therapeutics Inc. for up to $1.7 billion, aiming to bring innovative treatments like farabursen to patients with ADPKD. The...