DOF Group ASA (DOFG.OL) on Tuesday said it has signed a new long-term contract with Petrobras in Brazil for the RSV Skandi Commander. The four-year contract is expected to commence in January 2027 and is estimated to have a value of approximately $150 million. The award follows the same competitive...
Montana Aerospace AG (AERO.SW, MTASF), on Tuesday announced that it has also appointed Chief Financial Officer of the Aerostructures segment, Patrick Maurer as the CFO of the company. The company also added that Co-CEO of the Aerostructures segment, Kai Arndt has been appointed as Chief Executive...
Mutares SE & Co. KGaA (MUX.DE, MUTRF), a Germany-based holding company, on Tuesday announced it has signed an agreement to sell portfolio company Conexus S.p.A. to Advanced Technology Systems Co., a wholly owned subsidiary of Maximum Return System Group, for undisclosed financial terms. The transaction...
Himax Technologies Inc. (HIMX) and AUO Corporation will unveil their latest proprietary Front-lit LCoS microdisplay collaboration at CES 2026 in Las Vegas, January 6-9. The innovation is tailored for AR glasses and wearable devices, combining Himax's advanced LCoS microdisplay with AUO's high-efficiency...
LG Electronics will unveil the latest addition to its lifestyle screen portfolio at CES 2026 with the introduction of the LG Gallery TV. Designed as a dedicated digital canvas, the Gallery TV enhances the spatial curation experience offered through LG's Gallery+ service, which features a library of more...
Citi confirmed that it has obtained the necessary internal approvals to move forward with the planned sale of AO Citibank, which represents Citi's remaining operations in Russia, to Renaissance Capital. The transaction is expected to be signed and closed in the first half of 2026, subject to regulatory...
The Boeing Company, based in St. Louis, Missouri, has been awarded a ceiling $8.58 billion contract for the F-15 Israel Program. The hybrid contract includes cost-plus-fixed-fee, fixed-price incentive, firm-fixed-price, and undefinitized contract action terms. It covers the design, integration, instrumentation,...
Royalty Pharma plc (RPRX) announced that it has acquired the final portion of PTC Therapeutics' remaining royalty interest in Roche's Evrysdi. The transaction includes an upfront payment of $240 million and up to $60 million in sales-based milestone payments. Following the completion of this deal,...
Origin Energy Limited (OGFGF.PK, ORG.AX) has provided an update on a suite of transactions executed in relation to Kraken Technologies Limited. These agreements highlight Kraken's continued global growth, reinforce its technology leadership, and provide the capital required to support its formal separation...
Meta Platforms has acquired Manus, an AI startup headquartered in Singapore and founded by Chinese entrepreneurs. Manus specializes in developing advanced artificial intelligence systems that conduct deep research and perform a wide range of tasks for paying users. Financial terms of the transaction...
OceanFirst Financial Corp. (OCFC), the holding company for OceanFirst Bank N.A., and Flushing Financial Corp. (FFIC), the holding company for Flushing Bank, have entered into a definitive merger agreement. The transaction will combine the two companies in an all-stock merger. Upon completion of the...
After turning in a strong performance last week, stocks moved mostly lower during trading on Monday. The major averages all moved to the downside, although selling pressure was somewhat subdued. The major averages ended the day well off their worst levels but still in negative territory. The Dow fell...
Stocks have moved mostly lower during trading on Monday, giving back ground after turning in a strong performance last week. The major averages have all moved to the downside, adding to the slim losses posted in the previous session. Currently, the major averages are off their lows of the session but still in the red.
Ecopetrol S.A. (EC), Monday clarified that it is currently assessing alternative opportunities in the Brazilian market as part of its strategy for growth and diversification. This clarification comes as there are several reports about a potential acquisition in Brazil by the company. Notably, the...
A report released by the National Association of Realtors on Monday showed pending home sales in the U.S. shot up by much more than expected in the month of November. NAR said its pending home sales index spiked by 3.3 percent to 79.2 in November after surging by 2.4 percent to an upwardly revised 76.7 in October.
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.