ON Semiconductor Corp. (ON), on Monday, announced an expanded strategic collaboration with NIO Inc. (NIO) to advance next-generation electric vehicle platforms. The company said the partnership will support NIO's transition from 400V to 900V architectures using onsemi's EliteSiC enhanced M3e technology. The...
Harworth Group plc (HWG.L), a regeneration, strategic land and development business, announced Monday that Microsoft Corp.'s (MSFT) MSFT MCIO Limited secured a resolution to grant planning consent from Leeds local planning committee for a hyperscale data centre and industrial space at Skelton Grange. The...
Sun Pharmaceutical Industries Limited (SUNPHARMA, 524715), a major Indian pharma company, said on Monday that it has inked a deal to buy Organon & Co.(OGN) for $14 per share in cash with an enterprise value of $11.75 billion. Kirti Ganorkar, Managing Director of Sun Pharma, said: "This transaction...
Hitachi (6501.T) reported that fiscal 2025 net income attributable to stockholders increased to 802.4 billion yen from 615.7 billion yen, prior year. Earnings per share was 176.63 yen compared to 133.72 yen. Adjusted operating income increased to 1.2 trillion yen from 971.6 billion yen. For fiscal...
Chemical Industries (Far East) Limited (C05.SI) said it expects significantly narrower losses for financial year 2026 versus 2025, mainly reflecting cost savings. The company attributed the expected improvement to rightsizing of organization mainly with headcounts reductions and lower costs across...
CapitaLand Ascott Trust (ATTRF, HMN.SI) reported Monday that its first-quarter RevPAU increased 1 percent year-over-year, excluding The Cavendish London or TCL, which is closed for renovation, as well as acquisitions and divestments in 2025. RevPAU grew 7 percent in Australia from last year and 2...
AstraZeneca (AZN, AZN.L, ZEG.DE, AZN.ST) said its Saphnelo has been approved in the US for self-administration as a once-weekly autoinjector, the Saphnelo Pen, for the treatment of adult patients with systemic lupus erythematosus on top of standard therapy. The approval was based on results from the...
Apollo Global Management, Inc. (APO) on Monday said Apollo-managed funds have agreed to acquire the Interiors Business Group of Forvia SE in a carve-out transaction. The Interiors Business is a supplier of automotive interior systems, including instrument panels, door panels, and center consoles,...
SKC Co., Ltd. (011790.KS), a manufacturer and seller of basic chemical raw materials and copper foils for batteries, on Monday reported its net loss narrowed in the first quarter of 2026 compared to the previous year. For the first quarter, net loss attributable to shareholders of the parent company...
Atlas Arteria Limited (ALX.AX) an owner, operator and developer of toll roads, said Monday it received an unsolicited off-market takeover offer from IFM to acquire all securities it does not already own for A$4.75 cash per security. On the ASX, shares of Atlas Arteria Limited were gaining 13.39 percent,...
Hanwha Ocean Co. (042660.KS) reported first quarter net profit of 500 billion Korean won compared to 216 billion won, prior year, an increase of 132%. Operating profit was 441 billion won compared to 259 billion won, up 71%. First quarter revenue was 3.21 trillion Korean won compared to 3.14 trillion...
WeRide Inc. (WRD) on Monday said it has expanded its collaboration with Lenovo to accelerate large-scale commercialization of Level 4 autonomous driving, with plans to deploy 200,000 autonomous vehicles worldwide over the next five years starting 2026. The initiative, announced at Auto China 2026,...
Denso Corp. (DNZOY, 6902.T, DNZOF), a manufacturer of automotive components, on Monday, said media reports regarding its acquisition proposal for ROHM Co., Ltd. (ROHCY, 6963.T), a Japanese electronics and semiconductor manufacturer, which have not been announced by the company. The company confirmed...
Elliott Investment Management L.P. and Elliott Advisors (UK) Limited, which together advise funds owning approximately 3% of Daikin Industries, Ltd. (DKILF.PK,6367.T), have released an investor presentation titled "Elliott's Perspectives on Daikin." In the presentation, Elliott highlighted the substantial...
After moving mostly lower over the course of the previous session, stocks moved back to the upside during trading on Friday. The Nasdaq and S&P 500 more than offset yesterday's losses, reaching new record closing highs.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.