
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio
Dec 24, 2025 11:06 am UTC| Business Health
Sanofi has announced an agreement to acquire U.S.-based vaccines company Dynavax Technologies in an all-cash transaction valued at approximately $2.2 billion, marking another strategic move to expand its vaccines business....

Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares
Dec 24, 2025 11:05 am UTC| Business
Nike Inc. (NYSE: NKE) shares climbed more than 2% in pre-market trading on Wednesday after a regulatory filing revealed significant insider buying by Apple Inc. (NASDAQ: AAPL) CEO Tim Cook. The disclosure boosted investor...

BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands
Dec 24, 2025 05:29 am UTC| Business
A high-profile BlackRock-backed bid to acquire a portfolio of global port assets, including strategically vital facilities linked to the Panama Canal, is reportedly at risk of collapse as negotiations face mounting...

FDA Approves Mitapivat for Anemia in Thalassemia Patients
Dec 24, 2025 05:24 am UTC| Governance Business Health
Agios Pharmaceuticals has announced a major regulatory milestone with the U.S. Food and Drug Administration approving mitapivat for the treatment of anemia in adults with alpha- or beta-thalassemia. The approval represents...

DOJ Reaches Settlement With Blackstone’s LivCor Over Alleged Rent Price-Fixing
Dec 24, 2025 05:15 am UTC| Business Law
The U.S. Department of Justice has reached a settlement with LivCor, a property management company owned by Blackstone, resolving claims that the firm participated in an unlawful scheme to raise apartment rents through the...

BP Nears $10 Billion Castrol Stake Sale to Stonepeak
Dec 24, 2025 05:07 am UTC| Business
BP PLC (LON: BP) is reportedly close to finalizing a major deal to sell a majority stake in its Castrol lubricants business to global investment firm Stonepeak, a transaction that could value Castrol at approximately $10...

South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge
Dec 24, 2025 04:52 am UTC| Business Law
A South Korean court has rejected an attempt by major shareholders MBK Partners and YoungPoong to block Korea Zincs plan to issue new shares to fund its massive $7.4 billion U.S. smelter project, a decision that clears a...