U.S. food ingredients maker Ingredion Inc. (INGR) announced on Monday that it has agreed to buy British sweetener and food solutions firm Tate & Lyle Plc (TATE.L) in an all-cash deal that values Tate & Lyle at 3.7 billion pounds or $5.00 billion. On the LSE, shares of Tate & Lyle were gaining 13.25...
AI chip maker Nvidia Corp. (NVDA) announced that it has signed a multiyear technology partnership with South Korean semiconductor supplier SK Hynix Inc. (000660.KS) to co-develop and advance next-generation memory for AI factories. Both companies will also apply AI to semiconductor chip design and manufacturing....
Roche (RHHBY) announced it has entered into an exclusive licensing and collaboration agreement with Nurix Therapeutics, Inc. (NRIX). The two companies will co-develop and co-commercialise bexobrutideg (NX-5948), Nurix's investigational Bruton's Tyrosine Kinase (BTK) degrader. The collaboration spans...
SK Telecom Co Ltd.(SKM, 017670.KS), a South Korean telecom company, and NVIDIA Corporation (NVDA), on Monday announced that SKT plans to build a gigawatt-scale AI Cloud in Korea using the NVIDIA DSX platform with the first AI factory to start operations in 2027. An AI cloud is large-scale AI infrastructure...
Sinch AB (CLCMF, SINCH.ST), a communication platform, on Monday announced that Chief Executive Officer Laurinda Pang will step down from her role, prompting the company to appoint Chief Financial Officer Jonas Dahlberg as acting CEO, effective immediately. Dahlberg joined Sinch as CFO on April 1,...
Carlyle Group Inc. (CG), an investment firm, on Monday announced that it has agreed to acquire up to 100% of South Korea's Chung Ho Group, a home and healthcare appliance rental firm, from members of the founding Joung family. Financial terms of the deal were not disclosed. The transaction is expected...
The European Commission has approved Sarclisa (isatuximab) subcutaneous (SC) in combination with standard-of-care regimens for the treatment of patients with multiple myeloma (MM) across all existing indications for Sarclisa intravenous (IV) formulation, Sanofi SA (SNY) said in a statement on Monday. Sarclisa...
NVIDIA Corp. (NVDA) announced an expanded partnership with NAVER Corp. (035420.KS), which plans to scale AI factories from an initial 55 megawatts to gigawatt capacity using NVIDIA's DSX platform. The financial terms of the partnership were not disclosed. The partnership aims to build sovereign...
Aerospace and defense major Airbus SE (EADSY, EADSF, AIR.PA) has been informing some customers of delays ?on A320neo series jets, which are due to be delivered in 2027 and 2028, Bloomberg News reported Sunday, citing people familiar with the matter. The customers were notified that jets will be delayed...
SIA Engineering Company Limited, together with its subsidiaries, and Safran Aircraft Engines have signed a joint venture agreement to establish a full-fledged CFM LEAP engine shop in Singapore. This facility will provide Maintenance, Repair and Overhaul (MRO) services for the LEAP-1A and LEAP-1B engines. Currently,...
Eli Lilly and Company (LLY) announced new results showing that women with obesity or overweight who took the highest dose of Foundayo achieved significant weight loss at every stage of menopause. These findings are based on post-hoc analyses of more than 1,500 female participants in the ATTAIN-1 and...
Following its press release on 5 June 2026, several media outlets reported that Casino Group had signed an agreement with banks as part of its project to adapt and strengthen its financial structure. Casino Group clarified on Sunday that no agreement has been signed with the banks. The company further...
Air Canada and Abra Group have signed a Memorandum of Understanding to establish a broad, long-term strategic partnership aimed at enhancing connectivity and customer experience across the Americas and beyond. Abra Group, which includes carriers such as Avianca and GOL, will work with Air Canada to expand...
Bouygues Telecom, together with Orange and the Free-iliad Group, has signed a Memorandum of Understanding with Altice France to acquire SFR. The agreement covers most of Altice France-SFR's assets, excluding stakes in XP Fibre, Ultraedge, Altice Technical Services, and operations in France's overseas...
Lennar Corp. (LEN, LEN.B) announced that it appointed Jim Parker as Chief Operating Officer and David Grove as Executive Vice President, Homebuilding, effective immediately. Parker and Grove most recently served as Area Presidents, leading Lennar's East and West operations, respectively. Parker and...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.