Tag: “Sector”

SunriseMezz: Στις 12 Ιουλίου η ΓΣ για επιστροφή κεφαλαίου €0,0588/μετοχή

Μείωση του μετοχικού κεφαλαίου της Εταιρείας κατά €10.503.085,0260 με μείωση της ονομαστικής αξίας του συνόλου των μετοχών της από €0,1400 σε €0,0812 ανά μετοχή.

Eli Lilly to Buy DICE Therapeutics in $2.4 Billion Autoimmune Disease Push

Eli Lilly has agreed to buy DICE Therapeutics in a $2.4 billion cash deal that reflects Lilly’s ambitions in immunology, a hot market where the company has lagged behind its coompetitors.

PayPal Expects $5 Billion in Buybacks Following Deal With KKR

PayPal Holdings PYPL announced a deal in which KKR-managed funds and accounts will purchase up to €40 billion of buy now, pay later loan receivables originated in Europe, which should allow for the repurchase of more stock this year by the payments company.

Alibaba CEO to step down to focus on cloud business in surprise leadership reshuffle

Alibaba Group said in a surprise announcement Tuesday Eddie Wu will succeed Daniel Zhang as its chief executive, a move that will free Zhang to focus on the company’s cloud intelligence business.

Spotify plans a more expensive subscription tier: report

Music streaming platform Spotify Technology is planning a more expensive subscription option that is expected to include high-fidelity audio, Bloomberg News reported on Tuesday.

Hyundai raises EV investment to $28 bln, to reduce China operations

Hyundai Motor will raise average annual investment in electrification by nearly two-thirds, spending $28 billion in the next decade, and further restructure its struggling China business as part of a strategy to boost electric vehicle (EV) sales.

Weight loss drug Wegovy slower to launch in new markets – Novo Nordisk

Novo Nordisk’s launch of obesity drug Wegovy in most of Europe will be slower than planned and the drug will likely not be sold in developing nations for a very long time, executives said on Tuesday, as demand booms in the United States.

Berkshire Raises Its Stakes in 5 Japanese Trading Firms to 8.5%.

Berkshire Hathaway has boosted its stakes in five Japanese trading companies to an average of 8.5% and Berkshire said it hopes to increase those interests to 9.9%.

ECB calls on lenders to manage growing risk from shadow banks

Shadow banks are growing quickly across the euro zone and represent a growing risk to the entire financial system, requiring lenders to be more stringent when dealing with such entities, European Central Bank supervisor Andrea Enria said.

Japan, large banks to launch plan to attract investment in green transformation, Nikkei reports

The Japanese government and several of its largest banks are set to launch within the month a “green transformation” programme aiming to eventually attract 150 trillion yen ($1.06 trillion) in investment over the next decade, the Nikkei Shimbun newspaper reported on Saturday.

Manchester Utd negotiating exclusivity with Qatar’s Sheikh Jassim in $6 billion-plus sale talks

English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s Sheikh Jassim bin Hamad al-Thani in talks to sell itself for more than $6 billion, people familiar with the matter said on Thursday.

Roche’s cancer therapy gets US FDA nod, heating up competition with AbbVie

The U.S. Food and Drug Administration (FDA) greenlighted Roche Holding AG’s experimental therapy to treat a type of advanced blood cancer, nearly a month after the approval of a rival therapy from AbbVie Inc.

iRobot Stock Shoots Up After U.K. Approves Sale to Amazon

The British competition regulator approved Amazon U.K.’s ‘s $1.7 billion purchase of iRobot , the maker of smart vacuum cleaners.

Intel Plans $4.6 Billion Plant in Poland to Meet Europe Chip Demand

Intel said it plans to invest up to $4.6 billion to build a semiconductor assembly and test facility in Poland, with the plant helping “meet demand for assembly and test capacity anticipated in coming years.”

Adobe Stock Rises After Earnings. What Wall Street Thinks.

Adobe stock was getting another boost early Friday after the company raised its fiscal-year outlook and championed its prospects to “lead the new era of generative AI.”

Disney CFO Stepping Down

Walt Disney said CFO Christine McCarthy would step down, and the entertainment company named another veteran executive, Kevin Lansberry, to act as interim CFO starting July 1.

Top EU official urges more countries to ban China’s Huawei, ZTE from 5G networks

A top European Union official has called on more EU countries to ban Chinese telecommunications firms Huawei and ZTE from their 5G networks, ramping up tensions with Beijing.

Virgin Galactic sets first commercial space tourism flight for this month; shares spike more than 40%

Virgin Galactic aims to launch its commercial space tourism service in late June.

Stellantis to reveal its first Europe-made affordable electric vehicle

Stellantis, the third-largest carmaker in the world by revenue, will reveal its first European-made, affordable electric car in mid-October.

NIO Shares Rise on Launch of First Electric Station Wagon

NIO shares rose in early Hong Kong trade, extending gains for a fifth straight trading day amid renewed enthusiasm for electric-vehicle makers and in the wake of the launch of its first electric station wagon.