Novartis Makes $3.5 Billion Bet on Chinook’s Rare Disease Drugs
Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising
2023-06-12 15:59
War in Ukraine Prompts Increased Cyberattacks on German Businesses
More than one in 10 German companies were the victim of a cyberattack last year, according to a
2023-06-12 15:50
UBS Completes Credit Suisse Takeover to Create Bank Titan
UBS Group AG completed the acquisition of former rival Credit Suisse Group AG, sealing the biggest merger in
2023-06-12 14:26
Novo Nordisk Plans $2.3 Billion Manufacturing Expansion in Denmark
Novo Nordisk A/S is spending 15.9 billion Danish kroner ($2.29 billion) to expand production facilities in Denmark as
2023-06-12 14:16
China’s Covid-Positive Test Rate Jumped to 40% Last Month
China was walloped by a Covid-19 resurgence in May, with a positive test rate nearing the peak seen
2023-06-12 12:21
Microsoft Gaming Chief Doesn’t See a Need for New Xbox Yet
Microsoft Corp.’s video gaming chief Phil Spencer said he doesn’t “feel an imperative” to come out with a
2023-06-12 10:51
Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:15
China Drills in Deeper Waters to Cut Reliance on Foreign Oil
A concrete expanse the size of Monaco jutting off China’s southern coastline is the imposing centerpiece in Beijing’s
2023-06-12 09:22
Four Vietnam Police Officers Killed in Coffee Region Shootings
Vietnam police arrested 16 suspects after four officers were killed in shootings at police stations in the country’s
2023-06-12 09:16
Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the
2023-06-12 08:24
Taiwan Extends Two-Year Rise in US Chip Exports Despite Downturn
Taiwan’s exports of chips to the US rose for a 26th consecutive month in May, defying a downturn
2023-06-12 07:59
Andreessen Horowitz Picks Crypto-Friendly London as International Base
Silicon Valley venture capital firm Andreessen Horowitz is planning to open its first international office in London, citing
2023-06-12 07:19