Paramount and states seeking to block its $110 billion acquisition of Warner Bros. could settle as soon as this weekend, with independent content monitoring of CNN among the terms under discussion, according to sources familiar with the matter speaking to Reuters on Friday. The antitrust case brought by California and 11 other states stands as … Read more
Apple is poised to launch Apple Pay in India next month using Axis Bank credit cards, according to three sources familiar with the matter, entering a crowded digital payments market as the tech giant expands support among local lenders. The upcoming rollout, starting with a single major banking partner, will bring the U.S. company’s tap-and-pay … Read more
GE HealthCare Technologies is currently in talks over a potential $1 billion acquisition of radiopharmaceutical developer Sofie Biosciences, according to a report by the Financial Times citing sources familiar with the matter. If completed, the transaction would mark the second major acquisition for GE HealthCare since its spin-off from General Electric in 2024. Why Sofie … Read more
The U.S. Food and Drug Administration approved Scholar Rock’s injectable treatment Isembyld on Sept. 11 to improve motor function in adults and children with spinal muscular atrophy, marking the company’s first regulatory approval and sending shares up over 23% in after-market trading, according to Reuters. FDA Grants First Regulatory Approval to Scholar Rock for Isembyld … Read more
Huawei and Xiaomi launched competing flagship foldable smartphones in China on September 7, according to Reuters, setting up a high-stakes market clash ahead of Apple’s product unveiling on September 9. Huawei Mate XT2 Features and Pricing According to Reuters, Huawei’s Mate XT2 folds out twice to form a tablet-sized screen and runs on the company’s … Read more
Israel and Greece signed a €3 billion, or $3.5 billion, defence agreement on Monday, according to defence officials. Under the terms of the accord, Israel will build a multi-layered air defence system for Greece as Athens advances its broader military modernisation programme. Amir Baram, director general of Israel’s defence ministry, stated that the project, known … Read more
According to Reuters reporting, the two companies account for more than three-quarters of all vehicles manufactured in Canada, leaving their cross-border assembly lines vulnerable to sweeping closures if the new trade levies take effect on January 1. The Stakes for Toyota and Honda in Canada President Donald Trump’s proposed tariffs would double existing 25% levies, … Read more
Apple is scheduled to host its next launch event on September 9, where the company is expected to unveil its newest iPhone series and potentially its foldable phone, according to reports from Reuters and CNN. The high-profile debut marks a critical turning point for the tech giant as it navigates a competitive market and transitions … Read more
According to Reuters, HDFC Bank Chief Executive Sashidhar Jagdishan has decided not to seek reappointment when his current term ends on October 26, 2026. India’s largest private lender announced the departure on Saturday, setting up a fast-tracked leadership transition amid recent governance reviews. Succession Plans and External Candidates Deputy managing director Kaizad Bharucha stands as … Read more
Fast-fashion retailer Shein is set to debut on the Hong Kong stock exchange in a $1.7 billion initial public offering, valuing the company at $26.5 billion after failed attempts to list in New York and London, according to reports from Reuters. According to Stanford University law professor Curtis Milhaupt, the move marks a definitive pivot … Read more