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...
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 (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 (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 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 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 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...
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...
Medtronic plc (MDT) announced that its Diabetes division—set to operate under the name MiniMed—has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of newly issued common stock. The planned separation is...
Stocks showed a strong move to the upside during trading on Friday, extending the significant rebound seen over the course of Thursday's session. With the upward move, the major averages further offset the weakness seen earlier in the week. The tech-heavy Nasdaq reached new highs for the session going...
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.