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Airbus delivered about 30 jets in first-half December, sources say
Reuters· 2025-12-15 14:17
Airbus has delivered around 30 aircraft in the first half of December, releasing jets at a below-average speed for the month as some airlines wait for details of fixes to a recent fuselage problem, in... ...
Nvidia unveils new open-source AI models amid boom in Chinese offerings
Reuters· 2025-12-15 14:04
Core Insights - Nvidia has introduced a new family of open-source artificial intelligence models that are claimed to be faster, cheaper, and smarter than previous versions [1] Group 1 - The new AI models are positioned to compete with open-source offerings from Chinese companies, indicating a strategic move in the competitive landscape of AI technology [1]
Citi investment head shifts to BlackRock to run $80 billion partnership
Reuters· 2025-12-15 13:59
BlackRock said on Monday that the head of Citi's investment management arm has joined the asset manager to lead an expanded partnership under which BlackRock will oversee about $80 billion in assets f... ...
Gilead's experimental HIV treatment meets main goal in late-stage trial
Reuters· 2025-12-15 13:43
Core Insights - Gilead Sciences announced that its experimental HIV treatment successfully met the primary endpoint in a late-stage clinical trial [1] Company Summary - Gilead Sciences is advancing its HIV treatment, indicating progress in its clinical development pipeline [1]
Adaptive Biotechnologies signs non-exclusive deals with Pfizer worth up to $890 million
Reuters· 2025-12-15 13:24
Adaptive Biotechnologies said on Monday it has signed two non-exclusive deals with Pfizer to support research in rheumatoid arthritis and other immune-related diseases. ...
Dren Bio to collaborate with Sanofi to develop autoimmune disease therapies for up to $1.7 billion
Reuters· 2025-12-15 13:21
Core Insights - Dren Bio has entered into a strategic collaboration with Sanofi to develop therapies for autoimmune diseases, with a deal valued at up to $1.7 billion [1] Company Summary - Dren Bio is a private biotech company focused on developing therapies for autoimmune diseases [1] - Sanofi is a global healthcare leader collaborating with Dren Bio for the development of these therapies [1] Financial Summary - The collaboration deal is worth up to $1.7 billion, indicating significant financial commitment from both companies [1]
Netflix says its position on deal with Warner Bros Discovery unchanged
Reuters· 2025-12-15 13:17
Netflix's decision to acquire assets from Warner Bros Discovery has not changed and the hostile bid from Paramount Skydance was "entirely expected", its co-CEOs Greg Peters and Ted Sarandos said in a ... ...
Phillips 66 forecast higher spending in 2026
Reuters· 2025-12-15 13:07
Core Viewpoint - Phillips 66 forecasts higher spending in 2026, anticipating increased expenditures in its midstream and refining segments [1] Company Summary - The company expects to allocate more resources towards its midstream operations and refining activities in the upcoming years [1]
Citi sets 2026 S&P 500 target at 7,700, expects AI to remain key theme
Reuters· 2025-12-15 12:47
Citigroup has set a year-end target of 7,700 for the S&P 500 index for 2026, pointing to robust corporate earnings and sustained tailwinds from artificial intelligence investments. ...
Talen Energy names Cole Muller as CFO, Nutt moves to president role
Reuters· 2025-12-15 12:27
Talen Energy said on Monday that Cole Muller will succeed Terry Nutt as chief financial officer, effective immediately. ...