HELSINKI (dpa-AFX) - Elmera Group ASA (ELMRA.OL) and Fortum Consumer Solutions AS, a unit of Fortum Oyj (FORTUM.HE), said Monday they have agreed to the terms of a recommended cash tender offer under which Fortum will acquire Elmera in a deal valuing the Norwegian electricity retailer at about NOK…
TOKYO (dpa-AFX) - Japanese automajor Toyota Motor Corp. (TM, TYT.L, 7203.T) reported Monday that its total worldwide sales and production for the month of May declined from last year, mainly due to weak performance in outside Japan. Sales and production were lower for the first five months of fisca…
PARIS (dpa-AFX) - Ipsen (IPSEF.PK) said Monday it has agreed to acquire Kartos Therapeutics for up to $1.75 billion, expanding its hematology pipeline with navtemadlin, an investigational treatment for myelofibrosis, a rare blood cancer.The deal includes an upfront payment of $450 million, with Kar…
HELSINKI (dpa-AFX) - Plastic recycling company Alterra announced on Monday that it has launched Nerea, a standardized modular system for chemical recycling of plastic waste, with engineering firm Technip Energies N.V. (TE.PA) and energy company Neste Oyj (NESTE.HE).Alterra said Nerea converts hard…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening a tad higher on Monday as investor focus shifts to upcoming high-level U.S.-Iran talks in Qatar, the release of U.S. jobs data and the ECB's Sintra Forum, where major governors, including Fed Chair Kevin Warsh and ECB President L…
CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain cautious after renewed hostilities in the Middle East over the weekend. However, the U.S. and Iran have now agreed to halt military strikes a…
SEOUL (dpa-AFX) - South Korea's Samsung Electronics and SK Group are preparing to announce investment plans of up to 2,000 trillion won ($1.3 trillion) over the next decade, according to the Korea Economic Daily. The ambitious package will be unveiled when the groups' leaders present their strategi…
TOKYO (dpa-AFX) - The Japanese stock market is trading notably lower on Monday, extending the sharp losses in the previous session, following the broadly negative from Wall Street on Friday, with the Nikkei 225 falling below the 68,900 level, with weakness in index heavyweights, exporters, technolo…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
WASHINGTON (dpa-AFX) - HP Inc. (HPQ) announced a strategic partnership with OpenAI to deploy powerful AI-driven solutions through the Frontier platform. This collaboration is designed to accelerate HP's transformation and growth initiatives, enhancing both customer-facing experiences and internal o…
BEIJING (dpa-AFX) - The China stock market on Friday wrote a finish to the two-day winning streak in which it had collected almost 15 points or 0.4 percent. The Shanghai Composite Index now sit just above the 4,025-point plateau and it may spin its wheels again on Monday.The global forecast for the…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
TOKYO (dpa-AFX) - The Japan stock market turned emphatically lower again on Friday, one session after snapping the two-day slide in which it had tumbled almost 3,200 points or 4.2 percent. The Nikkei 225 now sits just above the 69,360-point plateau although it may see a mild rebound on Monday.The g…
TOKYO (dpa-AFX) - Japan will on Monday release May numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to rise 3.1 percent on year, up from 2.1 percent in April.Japan also will see May figures for construction orders and housing starts; in April…
SAN JOSE (dpa-AFX) - GameStop Corp. (GME) announced that it remains focused on advancing its proposed acquisition of eBay Inc. The company emphasized its commitment to pursuing the transaction despite recent developments.GameStop currently expects to generate Adjusted EBITDA in excess of $600 milli…
STOCKHOLM (dpa-AFX) - Swedish Orphan Biovitrum AB (SWOBY) on Friday announced that the U.S. Food and Drug Administration has issued a Complete Response Letter (CRL) for the Biologics License Application (BLA) for NASP (nanoencapsulated sirolimus plus pegadricase) for the treatment of adult patients…
BRUSSELS (dpa-AFX) - The U.S. dollar fell against its most major counterparts in the New York session on Friday.The greenback fell to a 1-week low of 0.8066 against the franc and 3-day lows of 1.1433 against the euro and 1.3232 against the pound.The currency is seen finding support around 0.76 agai…