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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. ...
Brazil's Braskem set for control shake-up as Novonor sells stake to IG4
Reuters· 2025-12-15 12:26
Brazilian petrochemical producer Braskem said on Monday that conglomerate Novonor has signed an agreement to sell its controlling stake in the company to private equity firm IG4 Capital. ...
Immunome's experimental drug meets main goal in late-stage study
Reuters· 2025-12-15 12:16
Core Insights - Immunome's experimental drug successfully met the primary endpoint in a late-stage study targeting patients with a rare type of tumor [1] Company Summary - The company is advancing its drug development efforts in the oncology sector, focusing on rare tumor types [1]
Cencora to take majority control of OneOncology to expand cancer services
Reuters· 2025-12-15 12:11
U.S. drug distributor Cencora said on Monday it will take majority control of cancer care network OneOncology in a deal that values the business at $7.4 billion, as it moves to expand services for com... ...
Israeli tech sector annual deals and listings jump to $59 billion, PwC says
Reuters· 2025-12-15 12:07
Core Insights - The demand for Israeli technology innovation remains strong in 2023, highlighted by a significant increase in acquisitions and IPOs [1] Group 1: Acquisitions - Alphabet's acquisition of Israeli cybersecurity company Wiz for $32 billion marks a notable transaction in the tech sector [1] Group 2: IPOs - The surge in IPOs indicates a robust interest in Israeli tech companies, reflecting confidence in the sector's growth potential [1]
HEDGE FLOW Hedge funds ditched tech stocks in Japan and Hong Kong last week, says Goldman
Reuters· 2025-12-15 12:01
Hedge funds sold Hong Kong and Japanese stocks last week, Goldman Sachs said in a note, just before the tech-heavy Hang Seng and Nikkei indices fell in the last two trading sessions on worries over over-inflated tech values. ...
Kyverna's cell therapy meets main goal of mid-stage study
Reuters· 2025-12-15 11:42
Kyverna Therapeutics said on Monday its experimental cell therapy for treating patients with a rare movement disorder met the main goal of a mid-stage study, sending its shares surging 20% in premarke... ...
Italy's Enel buys wind farms in Germany in 80-mln-euro deal
Reuters· 2025-12-15 11:19
Italy's largest utility Enel has completed the purchase of two onshore wind farm projects in Germany, the company said on Monday, marking its first significant acquisition of renewable power plants in... ...
Exclusive: Tesla board made $3 billion via stock awards that dwarfed tech peers
Reuters· 2025-12-15 10:08
Core Insights - Tesla's board of directors has received over $3 billion in stock awards, significantly surpassing the compensation awarded to peers at major U.S. technology firms during the same period [1] Summary by Category - **Compensation Analysis** - The stock awards received by Tesla's board are notably higher than those given to counterparts in leading U.S. technology companies [1]
Japan's MUFG in final talks to acquire 20% stake in Shriram Finance for over $3.2 billion, report says
Reuters· 2025-12-15 09:11
Core Viewpoint - Mitsubishi UFJ Financial Group is in advanced negotiations to acquire a 20% stake in Shriram Finance, an Indian non-bank financial institution, for over 500 billion yen, equivalent to approximately $3.22 billion [1] Group 1 - The acquisition represents a significant investment by Mitsubishi UFJ in the Indian financial sector, highlighting the growing interest of Japanese financial institutions in India [1] - Shriram Finance is positioned as a key player in the Indian non-banking financial space, which has been experiencing robust growth [1] - The deal underscores the trend of cross-border investments in emerging markets, particularly in the financial services industry [1]