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  • Telenor Gets Approval From Norwegian Regulator To Buy GlobalConnect's Consumer Business June 08, 2026 03:56 ET

    Telenor ASA (TELN, TELNY.PK, TEL.OL), a major Norwegian telecom company, said on Monday that the Norwegian Competition Authority has approved Telenor's acquisition of GlobalConnect's Norwegian fibre business for NOK 6 billion. The transaction is expected to be closed in autumn 2026. As a condition...

  • Nvidia, SK Hynix In Multiyear Deal To Develop AI Memory Chips; SK Hynix Stock Drops June 08, 2026 03:53 ET

    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....

  • Casino Group, Zouari Family Sign New Partnership Deal For Brand Expansion June 08, 2026 03:09 ET

    Casino Group (CGUIY.PK, 0HB1.L, CASP.PA), a French food and retail company, Monday said that it has signed a new partnership agreement with the Zouari Family to speed up the expansion of its Franprix and Monoprix brands. As per the terms of the agreement, a new entity dedicated to developing the Franprix...

  • Miraial Co Ltd Bottom Line Rises In Q1 June 08, 2026 02:57 ET

    Miraial Co Ltd (4238.T) announced a profit for its first quarter that Increased, from the same period last year The company's earnings came in at JPY193 million, or JPY21.40 per share. This compares with JPY103 million, or JPY11.44 per share, last year. The company's revenue for the period rose...

  • Roche And Nurix Ink $2.3 Bln Collaboration To Co-Develop BTK Degrader Bexobrutideg June 08, 2026 02:50 ET

    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...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.

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