Core Viewpoint - Abivax's CEO Marc de Garidel has dismissed speculation regarding a potential takeover by Eli Lilly as "noise" and emphasized that the market's ongoing review is not indicative of any imminent changes [1] Group 1 - Reports in the French press suggested that Eli Lilly may be interested in acquiring Abivax, but the CEO has downplayed these claims [1] - The CEO's comments reflect a broader sentiment within the company to focus on its current operations rather than market speculation [1]

Core Viewpoint - The central bank of Russia is actively monitoring the inflation situation in the country and is implementing measures to ensure economic stability in response to rising prices and the impact of an increase in value-added tax [1] Group 1 - The Kremlin has acknowledged the inflationary effects stemming from the rise in value-added tax [1] - Measures are being taken by the central bank to maintain stability in the face of rising prices [1]

Core Insights - Novartis CEO Vas Narasimhan expressed confidence that the company's agreement with the U.S. government, along with its expanding manufacturing operations in the country, will safeguard it against potential tariffs [1] Group 1 - The agreement with the U.S. government is expected to provide a protective measure for Novartis against tariffs [1] - Novartis is expanding its manufacturing footprint in the U.S., which is a strategic move to mitigate risks associated with tariffs [1]

Core Viewpoint - Leonardo's chairman clarified previous comments regarding a potential merger with Fincantieri, stating they were intended as a light-hearted remark rather than a serious proposal [1] Group 1 - The chairman's initial comments about a merger were perceived as significant but were later downplayed [1] - The relationship between Leonardo and Fincantieri remains a topic of interest in the industry, but no formal discussions are indicated [1]

Taiwanese server maker Inventec said on Tuesday that a decision on whether Nvidia will be able to sell its H200 artificial intelligence chip in China "appears to be stuck on the China side". ...

Core Insights - Walmart-backed Indian payments firm PhonePe has received regulatory approval for its stock market listing from the market regulator after confidentially filing for an initial public offering in September [1] Company Summary - PhonePe is preparing for an initial public offering (IPO) after receiving the necessary regulatory approval [1] - The company had previously filed confidentially for the IPO in September, indicating a strategic move towards public market entry [1] Industry Summary - The approval for PhonePe's IPO reflects the growing trend of fintech companies in India seeking to access public capital markets [1] - This development may signal increased investor interest in the Indian payments sector, which has been rapidly evolving and expanding [1]

Core Viewpoint - Marks & Spencer's technology chief Josie Smith has departed from the company less than a year after a significant cyberattack that severely disrupted operations and resulted in an estimated loss of approximately 300 million pounds in profit [1] Group 1 - The departure of Josie Smith comes in the wake of a cyberattack that paralyzed Marks & Spencer's operations [1] - The cyberattack is reported to have cost the company around 300 million pounds in lost profit [1]

Core Viewpoint - QinetiQ is aligning its U.S. business with the priorities of the current administration, following President Trump's call for significant changes in American defense and security policies [1] Group 1 - QinetiQ is a British defense and security group that is adapting its strategies to meet the expectations set by the U.S. administration [1] - The company is responding to recent directives from President Trump, indicating a shift in focus towards aligning with governmental priorities [1]

Group 1 - Imperial Brands has appointed John Rishton as the new Chair of the company, succeeding Therese Esperdy [1] - Therese Esperdy will retire from the board in December [1]

Group 1 - TotalEnergies anticipates a decline in oil and liquefied natural gas sales for Q4 2025 [1] - The company expects stronger downstream results due to higher refining margins [1] - Weaker crude prices are expected to be offset by improved refining performance [1]