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  • plant 23122025 lg EU Relocates Thermal Power Plant To Ukraine To Supply Power For 1 Mln People December 23, 2025 06:14 ET

    The European Commission has successfully relocated a full thermal power plant from Lithuania to Ukraine, completing its largest-ever coordinated logistical operation to date. This unprecedented transfer restores critical energy capacity and directly reinforces Ukraine's national grid following sustained...

  • silicon 23122025 lg Lattice Granted $18.5 Mln To Expand Germanium And Silicon Optics Production December 23, 2025 05:45 ET

    The U.S. Defense Department has announced that it will invest $18.5 million to expand the production of Germanium and Silicon optics. The Department said that it will provide the Defense Production Act (DPA) Title III funds to Lattice Materials, a Bozeman, Montana-based manufacturer of silicon and...

  • military 23122025 lg FY25 Sees Best US Military Recruiting Numbers In 15 Years December 23, 2025 05:26 ET

    The U.S. Defense Department has announced that in fiscal year 2025, the military's recruiting efforts returned to levels not seen in more than a decade. "Since November 2024, our military has seen its highest recruiting percentage of mission achieved in more than 15 years," said Chief Pentagon Spokesman Sean Parnell. This fiscal year, all active-duty services made mission. Most reserve compone

  • trump 23122025 lg Trump Announces New 'Trump-class' Golden Fleet Of Navy Battleships December 23, 2025 04:53 ET

    President Donald Trump has announced plans to build a new class of heavily armed amphibious naval battleships named after himself, as part of a new "golden fleet" of advanced warships. "As commander in chief, it's my great honor to announce that I have approved a plan for the Navy to begin the construction of two brand-new, very large — largest we've ever built — battleships," Trump announced fro

  • Aptamer Enters Licensing Agreement With Alphazyme December 23, 2025 04:53 ET

    Aptamer Group (P0J.F, APTA.L) and Alphazyme, a Maravai LifeSciences (MRVI) company, have entered into a licensing agreement for a developed Optimer for use in hot-start PCR applications. Aptamer grants Alphazyme a non-exclusive licence for use of an enzyme-modulating Optimer in hot-start PCR and next-generation...

  • gun1 23122025 lg Justice Dept. Sues DC Over Ban Of Semi-Automatic Firearms December 23, 2025 04:45 ET

    The Justice Department has sued the District of Columbia, alleging that the District government and its Metropolitan Police Department unconstitutionally banned semi-automatic firearms. The District of Columbia's gun laws require anyone seeking to own a gun to register it with D.C. Metro Police. However, the D.C. Code provides a broad registration ban on numerous firearms, including the AR-15 and

  • ITOCHU Enters Import And Distribution Agreement For Japanese Market With Vinarchy December 23, 2025 02:56 ET

    ITOCHU (IOC.F) has signed an import and distribution agreement for the Japanese market with Vinarchy, an Australian winery. Beginning in January 2026, ITOCHU will be responsible for importing Vinarchy products, while ITOCHU-Shokuhin Co. will handle sales, beginning the domestic distribution of Vinarchy's...

  • Vantiva Names Katleen Vandeweyer Chairwoman Of The Board December 23, 2025 02:55 ET

    Vantiva S.A. (VANTI.PA), on Tuesday announced that its Board of Directors has elected Katleen Vandeweyer as Chairwoman of the Board. Vandeweyer, who previously served as Lead Independent Director, will take over from Brian Shearer, who has stepped down from the Board following the transition. The...

  • Santen Pharmaceutical Launches Verkazia In China For Severe Childhood VKC Treatment December 23, 2025 02:27 ET

    Santen Pharmaceutical Co., Ltd. (SNPHY, 4536.T) announced the launch of Verkazia (Ciclosporin Eye Drops III) in China for the treatment of severe vernal keratoconjunctivitis (VKC) in children and young adults. With this introduction, Santen aims to provide a new therapeutic option for patients aged four...

  • FDA Accepts Viridian's Veligrotug BLA For Priority Review In Thyroid Eye Disease December 23, 2025 01:56 ET

    Viridian Therapeutics Inc. (VRDN) announced that the FDA has accepted its Biologics License Application for Veligrotug, proposed for the treatment of thyroid eye disease, for priority review, with a decision expected by June 30, 2026. The application was supported by positive data from THRIVE and...

  • BUMA Australia Wins Supreme Court Of Queensland Ruling In Contract Mining Dispute December 23, 2025 01:37 ET

    BUMA Australia Pty Ltd , a wholly owned subsidiary of PT Bukit Makmur Mandiri Utama under Indonesian-listed holding company PT BUMA Internasional Grup Tbk, announced that the Supreme Court of Queensland has delivered its judgment in the case of BUMA Australia Pty Ltd v Queensland Power Company Pty Ltd...

  • Sanofi: Dupixent Now Approved In Japan For Children Aged 6 To 11 Years December 23, 2025 01:27 ET

    Sanofi (SNY, SAN.PA) said The Ministry of Health, Labour and Welfare in Japan has granted marketing and manufacturing authorization for Dupixent or dupilumab for the treatment of bronchial asthma in children aged 6 to 11 years with severe or refractory disease whose symptoms are inadequately controlled...

  • FDA Approves Novo Nordisk's Wegovy Pill As First Oral GLP-1 For Weight Management December 23, 2025 01:11 ET

    Novo Nordisk B A/S (NVO, NOVOB.CO), a Denmark-based healthcare major, announced that the FDA has approved Wegovy pill, a once-daily 25 mg oral semaglutide, to reduce excess body weight, maintain long-term weight reduction, and reduce the risk of major adverse cardiovascular events. Following the...

  • Tokyo Century, Octopus Energy To Expand Renewable Investments In UK Solar & Wind Projects December 23, 2025 01:11 ET

    Tokyo Century Corporation announced that it has signed an agreement with asset management funds under Octopus Energy Generation, part of the global energy company Octopus Energy Group, to co-invest in operating solar and onshore wind power plants. This strategic partnership will enable Tokyo Century...

  • ZIM Says Evaluating Multiple Proposals As Part Of Strategic Alternatives December 23, 2025 01:11 ET

    ZIM Integrated Shipping Services Ltd.(ZIM) said that it has received competitive proposals from multiple parties to acquire all ZIM shares. The company is currently evaluating such proposals as part of its review of strategic alternatives. "The strategic review, which is in advanced stages, includes...

Global Economics Weekly Update - December 15-19, 2025

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.