Coty Inc. (COTY), a beauty products company, said on Monday that it has appointed Markus Strobel as Executive Chairman of the Board and Interim Chief Executive Officer with effect from January 1, 2026. Strobel will join Coty from Procter & Gamble, where he most recently served as President of P&G's...
Skanska AB (SKSBF.PK, SKAb.ST, SKBSY), a construction and development company, on Monday announced that it has signed a contract with the Riverside County Transportation Commission for the Mid County Parkway Ramona Expressway project in San Jacinto, California. The contract is valued at $107 million,...
GSK plc (GSK, GSK.L) has entered into an agreement with the U.S. Administration to lower the cost of prescription medicines for American patients, including GSK's respiratory portfolio. GSK will lower the price of certain medicines in Medicaid and will launch new products with a more balanced pricing...
Mitsubishi Electric Corporation (6503.T, MIELF) said on Monday that it has invested in Tulip Interfaces, Inc., a no-code platform for system operations without programming to support manufacturing digitalization. Mitsubishi Electric has also announced a strategic alliance with the company to build...
Roche (RHHBY, RO.SW, ROG.SW) announced that the FDA has approved CD20xCD3 bispecific Lunsumio VELO or mosunetuzumab, as a subcutaneous formulation, for the treatment of adult patients with relapsed or refractory follicular lymphoma after two or more lines of systemic therapy, based on results from the...
BUMA Australia Pty Ltd., a wholly owned subsidiary of PT Bukit Makmur Mandiri Utama under PT Buma Internasional Grup Tbk (DOID.JK), on Monday announced a multi-year contract extension valued at about A$740 million with Blackwater Operations Pty Ltd, a subsidiary of Whitehaven Coal Mining Ltd. (WHC.AX,...
Sumitomo Metal Mining Co., Ltd. (SMMYY, STMNF, 5713.T) on Monday announced that its direct bonded silicon carbide substrate, SiCkrest, has been adopted for metal-oxide-semiconductor field-effect transistor or MOSFET, a power semiconductor device developed by Shindengen Electric Manufacturing Co., Ltd....
Simcere Pharmaceutical Group Ltd. (2096.HK, SMHGF), on Monday, announced that a subsidiary, Jiangsu Simcere Zaiming Pharmaceutical Co., Ltd., has entered into an exclusive licensing agreement with Ipsen S.A. (IPN.PA, IPSEY) for SIM0613, an LRRC15-targeting antibody-drug conjugate. The company is eligible...
Allied Gold Corporation (AAUC, AAUC.TO) announced the successful start of operations at its Sadiola mine, marking a major milestone in the Company's transformational growth strategy. The commencement of ore processing through the newly installed fresh ore comminution circuit under the Phase 1 expansion...
Seatrium Limited announced that its subsidiary, Seatrium Energy (International) Pte Ltd ("SEI"), has reached a definitive agreement with Maersk Offshore Wind's affiliate Phoenix II A/S regarding the delivery of a Wind Turbine Installation Vessel. Under the agreement, Seatrium Energy will deliver the...
Telix Pharmaceuticals Limited (TLX, TLX.AX) announced positive top-line results from its Phase 3 registration study of TLX591-CDx (Illuccix, Kit for the preparation of 68Ga-PSMA-11) for prostate cancer imaging in Chinese patients. The Illuccix China trial successfully met its primary endpoint of patient-level...
Champion Iron Limited (CIAFF, CIA.TO, CIA.AX) announced that it has entered into a transaction agreement with Rana Gruber ASA, a Norwegian producer of high-grade iron ore. Under the terms of the conditional recommended voluntary cash tender offer, Champion will acquire all of the issued and outstanding...
Clearwater Analytics (CWAN) announced that it has agreed to be acquired in a transaction valued at approximately $8.4 billion by an Investor Group led by Permira and Warburg Pincus, with participation from Temasek. The Investor Group also has key support from Francisco Partners. Following this development,...
Nidec Corp. (NJDCY, 6594.T, NNDNF) announced that Shigenobu Nagamori, Founder and Chairman of the Board of the Company, has voluntarily resigned from the office of Founder and Chairman of the Board. He will assume the office of Chairman Emeritus. Following Nagamori's resignation, Mitsuya Kishida,...
Textron Aviation Defense LLC, a Textron Inc. (TXT) company, announced the finalization of its first contract to deliver the Beechcraft T-6JP Texan II integrated training system to Japan's Air Self-Defense Force (JASDF). The agreement, coordinated with Kanematsu Corporation, includes two Beechcraft T-6JP...
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.