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apple dec07 Apple Inc. plans to start using American-made processors from the new advanced chip factory in Phoenix, Arizona operated by chip giant Taiwan Semiconductor Manufacturing Co., according to its Chief Executive Officer Tim Cook. At an event in the factory in Arizona, which was attended by U.S. President Joe Biden, it was also announced that TSMC will invest $40 billion in the new factory.

Volvo (VOLVY.PK) said it has received an order for 36 electric trucks of the model Volvo FL Electric from Australian express freight company, Team Global Express. The trucks are designed for urban distribution and have a load capacity of 5,5 tonnes in this application. The trucks will hit the streets...

Mitie Group plc (MTO.L), an outsourcing and energy services company, announced Wednesday that the U.K. Competition and Markets Authority or CMA has provisionally decided to close its investigation related to Mitie and certain other companies. It was in March this year that the CMA had launched an...

GSK plc (GSK, GSK.L) said Zantac federal Multi-District Litigation Court in the U.S. has dismissed all cases alleging the five remaining cancers in the MDL. GSK said it will continue to defend itself vigorously, including against all claims brought at the state level in the U.S. The Group stated that,...

British game maker Games Workshop Group Plc (GAW.L) Wednesday said it expects weak profit before tax for the six months to November 27, while core revenues would be higher. The company said its trading since the last update in September 2022 is in line with expectations. For the six months to...

Pharming Group N.V. (PHAR) said that the positive results of a Phase 3 clinical trial of the investigational drug leniolisib, an oral, selective phosphoinositide 3-kinase delta (PI3Kd) inhibitor, in adult and adolescent patients with activated phosphoinositide 3-kinase delta syndrome (APDS), a rare primary...

Boeing (BA) said its final 747-8 Freighter will be delivered to Atlas Air in early 2023. This final 747 has a revenue payload of 133.1 tonnes, enough to transport 10,699 solid-gold bars or approximately 19 million ping-pong balls or golf balls. The production of the 747, the world's first twin-aisle...

French banking group Crédit Agricole SA (CDA.L) Wednesday announced that it has effectively sold the first tranche of 63.7 percent of its stake in Crédit du Maroc to the Moroccan group, Holmarcom. The latest divestment was part of the agreement to sell its total 78.7 percent stake in Crédit du Maroc. As...

Axon Enterprise Inc. (AXON) announced the pricing of its private offering of $600 million aggregate principal amount of 0.50% Convertible Senior Notes due 2027. Axon also granted the initial purchasers of the Notes an option to purchase up to an additional $90 million aggregate principal amount of...

chocolat dec07 Lidl US has recalled its 8.4 oz Favorina branded Advent Calendar, i.e., Premium Chocolate with a Creamy Filling, citing potential Salmonella contamination, the U.S. Food and Drug Administration said. The products were available for sale at Lidl stores between October 12, 2022 and December 5, 2022. They will have a BEST IF USED BY year of 2023, and barcode number of 4056489516965.

Syndax Pharmaceuticals Inc. (SNDX) said that it has priced an underwritten public offering of about 6.82 million shares of its common stock at $22.00 per share. The aggregate gross proceeds from the offering are expected to be approximately $150.0 million, before deducting underwriting discounts and...

Adobe Inc. (ADBE) has cut about 100 jobs to reduce its expenses, Bloomberg reported. Adobe's workforce reductions are smaller than the thousands announced by other technology companies, including Amazon.com Inc., HP Inc. Adobe reportedly said it is not doing company-wide layoffs and it is still...

AT&T Inc. (T) said it continues to see healthy customer growth in its strategic focus areas of 5G and fiber as customer demand for connectivity services remains high. At the UBS Global TMT Conference, AT&T's chief operating officer,Jeff McElfresh, said that the company expects full-year capital investment...

MorphoSys AG (MOR) said that its subsidiary Constellation Pharmaceuticals has reached a global licensing agreement with Novartis to research, develop and commercialize its pre-clinical inhibitors of a novel cancer target. As per the terms of the agreement, Novartis will assume full responsibility...

Airbus (EADSF.PK, EADSY.PK) said it no longer expects to achieve its target of around 700 commercial aircraft deliveries for 2022 citing the complex operating environment. But it confirmed anual financial guidance. The company adjusted speed of A320 Family ramp-up to rate 65 for 2023 and 2024. It maintained...

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