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  • LG To Debut Gallery TV And Art-Focused Screen Innovations At CES 2026 December 29, 2025 22:14 ET

    LG Electronics will unveil the latest addition to its lifestyle screen portfolio at CES 2026 with the introduction of the LG Gallery TV. Designed as a dedicated digital canvas, the Gallery TV enhances the spatial curation experience offered through LG's Gallery+ service, which features a library of more...

  • Citi Gains Approvals To Sell AO Citibank Russia Operations To Renaissance Capital December 29, 2025 21:58 ET

    Citi confirmed that it has obtained the necessary internal approvals to move forward with the planned sale of AO Citibank, which represents Citi's remaining operations in Russia, to Renaissance Capital. The transaction is expected to be signed and closed in the first half of 2026, subject to regulatory...

  • Boeing Awarded $8.58 Bln Contract For F-15 Israel Program December 29, 2025 21:39 ET

    The Boeing Company, based in St. Louis, Missouri, has been awarded a ceiling $8.58 billion contract for the F-15 Israel Program. The hybrid contract includes cost-plus-fixed-fee, fixed-price incentive, firm-fixed-price, and undefinitized contract action terms. It covers the design, integration, instrumentation,...

  • Royalty Pharma Acquires Remaining Evrysdi Royalties From PTC Therapeutics December 29, 2025 21:15 ET

    Royalty Pharma plc (RPRX) announced that it has acquired the final portion of PTC Therapeutics' remaining royalty interest in Roche's Evrysdi. The transaction includes an upfront payment of $240 million and up to $60 million in sales-based milestone payments. Following the completion of this deal,...

  • Origin Energy Updates On Kraken Transactions, $1 Bln Equity Raise And Separation From Octopus Energy December 29, 2025 21:00 ET

    Origin Energy Limited (OGFGF.PK, ORG.AX) has provided an update on a suite of transactions executed in relation to Kraken Technologies Limited. These agreements highlight Kraken's continued global growth, reinforce its technology leadership, and provide the capital required to support its formal separation...

  • Meta Acquires AI Startup Manus; Terms Undisclosed December 29, 2025 20:31 ET

    Meta Platforms has acquired Manus, an AI startup headquartered in Singapore and founded by Chinese entrepreneurs. Manus specializes in developing advanced artificial intelligence systems that conduct deep research and perform a wide range of tasks for paying users. Financial terms of the transaction...

  • OceanFirst Financial And Flushing Financial Announce $579 Mln All-Stock Merger December 29, 2025 19:57 ET

    OceanFirst Financial Corp. (OCFC), the holding company for OceanFirst Bank N.A., and Flushing Financial Corp. (FFIC), the holding company for Flushing Bank, have entered into a definitive merger agreement. The transaction will combine the two companies in an all-stock merger. Upon completion of the...

  • Ecopetrol Clarifies About Potential Acquisition In Brazilian Market December 29, 2025 10:15 ET

    Ecopetrol S.A. (EC), Monday clarified that it is currently assessing alternative opportunities in the Brazilian market as part of its strategy for growth and diversification. This clarification comes as there are several reports about a potential acquisition in Brazil by the company. Notably, the...

  • Lululemon Founder Nominates Three Director Candidates To Regain Shareholder Confidence December 29, 2025 09:34 ET

    Lululemon athletica inc. (LULU), Monday announced that its founder Chip Wilson has nominated three independent and highly qualified director candidates - Marc Maurer, Laura Gentile, and Eric Hirshberg. Wilson explained that the decision comes as the current Board lacks visionary creative leadership...

  • VCI Global Plans To Buy 51% Stake In RTCAR Mexico, Stock Down In Pre-Market December 29, 2025 09:20 ET

    VCI Global Limited (VCIG), Monday announced a legally binding term sheet to acquire a 51 percent controlling equity interest in RTCAR Comercializadora de Suministros Automotrices, S.A. de C.V., an automotive assembly and manufacturing platform. The transaction is expected to provide VCI Global with...

  • Azenta's Subsidiary To Sell B Medical Systems Business To THELEMA For $63 Mln December 29, 2025 09:10 ET

    Azenta, Inc. (AZTA), Monday announced that its affiliate, Azenta Germany GmbH, has signed an agreement to sell its B Medical Systems business, a manufacturer and distributor of medical refrigeration devices, to THELEMA S.À R.L. for $63 million. The company explained that the sale of B Medical Systems...

  • Genmab To Discontinue Clinical Development Of Acasunlimab To Focus On Priority Programs December 29, 2025 09:02 ET

    Genmab A/S (GMAB), Monday announced the decision to discontinue further clinical development of acasunlimab to focus on programs with the highest potential impact, such as EPKINLY, petosemtamab and rinatabart sesutecan. The decision, which is in line with the company's portfolio prioritization and...

  • Establishment Labs Seeks FDA Approval For Motiva Implants In Breast Reconstruction December 29, 2025 08:54 ET

    Establishment Labs Holdings Inc. (ESTA) on Monday said it has submitted Motiva implants to the U.S. Food and Drug Administration for approval in primary and revision breast reconstruction. The submission is supported by data from the Motiva U.S. IDE Study, which included 274 post-mastectomy reconstruction...

  • Praxis Precision Medicines Wins FDA Breakthrough Designation For Essential Tremor Drug December 29, 2025 08:35 ET

    Praxis Precision Medicines, Inc. (PRAX) on Monday said the U.S. Food and Drug Administration has granted Breakthrough Therapy Designation to ulixacaltamide for the treatment of patients with essential tremor. The designation was based on positive topline data from the Essential3 program, including...

  • Coupang Plans To Implement $168 Bln Customer Compensation Proposal To Regain Customer Trust December 29, 2025 08:19 ET

    Coupang, Inc. (CPNG), Monday announced that it plans to launch a $168 billion customer compensation proposal as a symbol of taking full responsibility for the recent privacy breach. The technology and online retail company intends to pay a purchase voucher worth KRW 1,685 billion to customers of 337...

Global Economics Weekly Update - December 22 - 26, 2025

December 26, 2025 08:42 ET
Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.