Stock Market Newsยท2025-10-26 15:08Group 1: Novartis and Avidity Biosciences - Novartis AG is reportedly nearing a deal to acquire Avidity Biosciences Inc., focusing on rare diseases [2] - Avidity's market capitalization was approximately $4.6 billion at the time of Novartis's interest [2] - Avidity specializes in developing Antibody Oligonucleotide Conjugates (AOCs) for neuromuscular conditions such as DM1, FSHD, and DMD [2] Group 2: TotalEnergies and Mozambique LNG Project - TotalEnergies has reported a $4.5 billion increase in costs for its liquefied natural gas (LNG) project in Mozambique since construction was halted in 2021 [3] - The project, initially valued at $20 billion, had its "force majeure" status lifted, but full construction restart depends on government approval of an updated development plan [3] - Once operational, the project is expected to significantly enhance Mozambique's position as an LNG exporter [3] Group 3: Geopolitical Developments - Russian air defense forces successfully shot down a drone targeting Moscow, highlighting ongoing tensions in the region [4] - Israeli Defense Minister reaffirmed defense commitments near the Lebanese border, indicating continued regional security concerns [5] - UK Prime Minister is set to visit Turkey for talks, including discussions on a multibillion-dollar Eurofighter Typhoon deal [6]