LOGO
LOGO

breaking news

  • Simcere Pharma Licenses SIM0613 To Ipsen December 22, 2025 00:25 ET

    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 Commences Phase 1 Expansion At Sadiola December 21, 2025 22:22 ET

    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 Reaches Agreement With Maersk On Wind Turbine Installation Vessel Delivery December 21, 2025 22:13 ET

    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 Reports Positive Phase 3 Results For Illuccix Prostate Cancer Imaging Trial In China December 21, 2025 21:45 ET

    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 Signs US$289 Mln Deal To Acquire Norwegian Iron Ore Producer Rana Gruber December 21, 2025 21:01 ET

    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 To Be Taken Private In $8.4 Bln Deal Led By Permira Investor Group December 21, 2025 20:45 ET

    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 Founder Shigenobu Nagamori Resigns As Chairman; Mitsuya Kishida Named Successor December 21, 2025 20:29 ET

    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 To Deliver Beechcraft T-6JP Texan II Training Aircraft To Japan's Air Self-Defense Force December 21, 2025 20:22 ET

    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...

  • CNOOC Commences Production At Xijiang Oilfields 24 Block Project In Pearl River Mouth Basin December 21, 2025 20:05 ET

    CNOOC Limited announced that the Xijiang Oilfields 24 Block Development Project has officially commenced production. This marks another important milestone in the company's offshore development strategy. The project is situated in the shallow waters of the Pearl River Mouth Basin. Its development...

  • Samsung Biologics To Acquire GSK's Rockville Facility For US$280 Mln December 21, 2025 19:54 ET

    Samsung Biologics (207940.KS) announced that its wholly owned U.S. subsidiary, Samsung Biologics America, will acquire 100% of Human Genome Sciences from GSK (GSK, GSK.L) for US$280 million. This landmark deal secures Samsung Biologics' first U.S.-based manufacturing site and represents a significant...

  • Jacobio Pharma Signs Agreement With AstraZeneca On Pan-KRAS Inhibitor JAB-23E73 December 21, 2025 09:47 ET

    Jacobio Pharma (1167.HK) announced that it has entered into a strategic agreement with AstraZeneca (AZN, AZN.L, ZEG.DE, AZN.ST) for its proprietary Pan-KRAS inhibitor, JAB-23E73. Under the terms of the deal, AstraZeneca will receive exclusive development and commercialization rights outside of China,...

  • Target Operations Reportedly Stabilize After Technology Outage December 20, 2025 21:02 ET

    Target Corp.'s online operations have returned to stability following a technology outage that disrupted several key digital functions during the peak holiday shopping period. The disruption affected order pickup, drive-up services, returns, order history, and replenishment functions, causing inconvenience...

  • Fluor To Divest Zhuhai Fabrication Yard Stake To COOEC December 20, 2025 20:40 ET

    Fluor Corp. (FLR) announced that it agreed to divest its portion of its Zhuhai fabrication yard in China's Guangdong province to Offshore Oil Engineering Co., Ltd. (COOEC). Fluor expects to receive $122 million in proceeds, based on current exchange rates, when the transaction is completed in the coming...

  • Union Pacific And Norfolk Southern Seek STB Approval For Merger; CN Warns Of Competition Risks December 19, 2025 23:22 ET

    Union Pacific Corp. (UNP) and Norfolk Southern Corp. (NSC) announced that they have filed a joint application with the Surface Transportation Board (STB) seeking approval to merge and create America's first transcontinental railroad. The companies entered into a merger agreement on July 29, 2025, and...

  • Manitowoc : EU Launches Anti-Dumping Probe Into Chinese Mobile Crane Imports December 19, 2025 20:04 ET

    The Manitowoc Company Inc. (MTW) announced that the European Commission has initiated an anti-dumping investigation into imports of mobile cranes from China. The action follows a formal complaint filed by leading European mobile crane manufacturers, represented by the VDMA Materials Handling and Intralogistics...

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.