SSAB to Deliver Fossil-Free Steel to New Amazon Data Center in Sweden
STOCKHOLM--Swedish steelmaker SSAB will deliver steel produced without the use of fossil fuels to Amazon Web Services for use in a new data center being built in Sweden.
Roche to Acquire Poseida Therapeutics in a Deal Worth Up to $1.5 Billion — Update
Roche said Tuesday that it entered into a definitive merger agreement to acquire Poseida Therapeutics for about $1 billion, or $9 a share, with additional performance-related payments worth up to ...
Tit-for-Tat Trade War Would Be 'Lose-Lose Situation for Everyone', ECB's De Guindos Says
"When you impose tariffs, you need to be prepared for the other side to retaliate, which can start a vicious circle. Eventually, this could turn into a trade war, which would be extremely detrimental ...
Google Proposes Further Changes to Search Results in Europe
Alphabet's Google proposed further changes to the way its search results work in Europe to satisfy requests from competitors and regulators.
Orsted to Start Selling Stake in U.K. Wind Farm, Bloomberg Says, Citing Sources
Sea and Spotify saw the largest valuation bumps among US-listed stocks covered by Morningstar analysts.
Compass Group Pretax Profit Slips Despite Revenue Rise
Compass Group reported a fall in full-year pretax profit despite a rise in revenue. The U.K. catering contractor reported Tuesday a pretax profit of $2.06 billion for the year ended Sept. 30 compared ...
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Fitch Ratings Says It May Cut Some Adani Group Bonds to Junk Status
Fitch Ratings may cut some Adani Group bond ratings to speculative territory after billionaire founder Gautam Adani was charged by the U.S. Justice Department in a bribery scheme. The U.S. rating ...
Roche to Acquire Poseida Therapeutics in a Deal Worth Up to $1.5 Billion
Roche said it will acquire biopharmaceutical company Poseida Therapeutics in a deal worth up to $1.5 billion. The pharmaceutical company said Tuesday that it has entered into a definitive merger ...
Roche Says Late-Stage Lung Cancer Trial Failed to Meet Primary Goal
Roche Holding said a late-stage clinical trial that studied the effectiveness of a combination of drugs to treat lung cancer didn't reach its primary goal.
Maybank Profit Rises on Stronger Noninterest Income
Quarterly net interest income was a weaker-than-expected 3.11 billion ringgit, down from 3.17 billion ringgit a year ago, while its noninterest income jumped 21% to 2.34 billion ringgit. Net ...
U.K. Shop Prices Might Have Reached End of Falling Inflation Period, Report Says
Prices at U.K. stores decreased 0.6% on year in November, up from deflation of 0.8% recorded in the previous month, the report by NielsenIQ and the British Retail Consortium showed Tuesday. This is ...
EMEA Morning Briefing: Trump Tariff Pledge Rattles Markets
Posting on his Truth Social platform, Trump said that on the first day of his presidency he will charge Mexico and Canada a 25% tariff on all products coming into the U.S. He added in a separate ...