AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback 
Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion 
Coty Revenue Beats Estimates as Beauty Demand Holds Firm 
Google to Move All Pixel Production Out of China by 2027 
REPAY Stock Rises After Visa Platform Connect Collaboration 
Moderna Short Sellers Hit With $4.8 Billion Loss as Stock Soars 
Sun Pharma Wins U.S. Appeal in Pfizer Lipitor Antitrust Case 
CK Hutchison Seeks $1.5 Billion From Panama Over Canal Ports 
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks 
BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside 
Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push 
OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead 
Shein Targets $26B-$27B Valuation for Hong Kong IPO 
Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate 
Nordson Stock Rises as Q3 Earnings Beat Estimates, Outlook Raised 
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme 
Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3 
Add as a preferred source on Google
China's antitrust watchdog has approved the merger between Korea Shipbuilding & Offshore Engineering Co. (KSOE) and Daewoo Shipbuilding & Marine Engineering Co. (DSME), notifying them that it did not violate any antitrust rules or hurt fair competition in their country.
The unconditional approval by China's State Administration for Market Regulation is the third for the merger. Similar verdicts were given by Kazakhstan, in October 2019 and by Singapore in August this year.
KSOE presented its merger request to the Chinese competition authorities in July last year, with China conducting three reviews.
China's approval is expected to positively impact antitrust reviews by South Korea, the European Union, and Japan, said a KSOE official.
The market's attention is now on the EU, which had delayed its review of the merger three times.
Hyundai Heavy Industries signed a deal to purchase a 55.72 percent stake in Daewoo Shipbuilding in March 2019, which would lead to the creation of the world's biggest shipbuilder with a global market share of around 20 percent.
KSOE has three shipbuilding units -- Hyundai Heavy Industries, Hyundai Samho Heavy Industries Co., and Hyundai Mipo Dockyard Co.
