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Deutsche Bank and Talanx have agreed to a long-term distribution partnership for insurance products. Talanx noted that retail clients at Deutsche Bank, Postbank and BHW Bausparkasse will be able to insure their consumer and mortgage loans exclusively with the Talanx Group, starting from 2023. A ten-year...

Salesforce.com Inc. (CRM) is in advanced talks to buy Slack Technologies Inc. (WORK), the Wall Street Journal reported citing people familiar with the matter. Slack has a market valuation of about $23 billion. The companies could announce a deal as soon as next week. A deal hasn't been finalized and...

Mitchells & Butlers Plc. (MAB.L, MLB), an operator of managed restaurants and pubs, reported Thursday that its fiscal 2020 loss before tax was 123 million pounds, compared to last year's profit of 177 million pounds. Basic loss per share was 26.2 pence, compared to profit of 33.5 pence a year ago....

Aviva plc (AV.L, AV) reported Thursday that its trading for the nine months to September 30 has been resilient with strong performances in core markets. These were partially offset by declines in manage-for-value portfolio. UK & Ireland Life new business sales were up 40 percent to 9.2 billion pounds...

French wine and spirits company Remy Cointreau (REMYF.PK) reported Thursday that its first-half net profit attributable to the Group fell 28.1 percent to 65 million euros from last year's 90.5 million euros. Earnings per share were 1.30 euros, lower than 1.82 euros last year. Adjusted net profit...

Vehicle rental company Hertz Global Holdings, Inc. (HTZGQ), which is undergoing bankruptcy, announced Thursday that it has entered into a stock and asset purchase deal to sell substantially all of its fleet management unit Donlen Corp. to Athene Holding Ltd. (ATH) for an anticipated cash payment of $825...

Intuit (INTU) and Credit Karma said that they have entered into a consent decree with the U.S. Department of Justice, a step in completing their merger. The companies have also entered into an Assurance of Discontinuance with the New York State Attorney General. In addition, Intuit and Credit Karma...

ViacomCBS Inc. (VIAC, VIACA) said Wednesday that it agreed to sell the publishing business Simon & Schuster to Penguin Random House LLC, a wholly owned subsidiary of Bertelsmann SE & Co. KGaA, for $2.175 billion in cash. The divesture follows a strategic review of non-core assets the company undertook...

International Business Machines Corp. (IBM) is planning to cut about 10,000 jobs in Europe as part of its efforts to cut costs at its services unit ahead of planned spinoff of the business, Bloomberg reported Wednesday, citing people familiar with the matter. According to the Bloomberg report, the...

Digital infrastructure company Equinix, Inc. (EQIX) announced Wednesday an initial investment of $55 million to build its third International Business Exchange (IBX) data center in Osaka, Japan. To be named OS3, the new facility will further expand Equinix's footprint and enable local and global businesses...

Kantaro Biosciences, a joint venture between the Mount Sinai Health System and RenalytixAI (RNLX), has received Emergency Use Authorization from the FDA for COVID-SeroKlir, its semi-quantitative SARS-CoV-2 IgG antibody test kit. COVID-SeroKlir has showed 98.8% sensitivity and 99.6% specificity for detecting...

Altimmune, Inc. (ALT), a clinical-stage biopharmaceutical company, said Wednesday that it has submitted an Investigational New Drug or IND application to the U.S. Food and Drug Administration (FDA) to commence a Phase 1 clinical study of its single-dose intranasal COVID-19 vaccine candidate, AdCOVID....

Moderna Inc. (MRNA) said Wednesday that the European Commission has approved an agreement to secure 80 million doses of mRNA-1273, the company's vaccine candidate against COVID-19. As per the agreement, the European Commission has the option to increase their purchase of mRNA-1273, from 80 million...

Liquidia Technologies, Inc., a unit of Liquidia Corp. (LQDA), has received a complete response letter from the FDA for the New Drug Application for LIQ861 (treprostinil) inhalation powder for the treatment of pulmonary arterial hypertension. The FDA stated that it is unable to approve the NDA at this...

Amazon.com Inc. (AMZN) said Wednesday it has launched its first Small and Medium Business or SMB Impact Report for Canada. The report highlights how the company works with SMBs from communities in all 13 provinces and territories - from Abbey, Saskatchewan to Zurich, Ontario. According to Amazon,...

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