Eurasia

International Flavors & Fragrances Inc (NYSE:IFF) said it has entered into a definitive agreement to sell its Pharma Solutions business unit to French plant-based ingredients Roquette for an enterprise value of up to $2.85 billion. The acquisition represents an enterprise...

TotalEnergies SE (NYSE:TTE) inked a deal to acquire Talos Energy Inc.’s (NYSE:TALO) Low Carbon Solutions (TLCS) for $148 million. The amount includes a purchase price of $125 million, along with customary reimbursements, adjustments, and retention of cash. The sale...

Consumer giant Unilever plc (NYSE:UL) plans to separate its Ice Cream business and focus on a portfolio of brands with strong positions in attractive categories with complementary operating models. Ice Cream has a very different operating model, and as a result, the Board has...

Volkswagen AG (OTC:VWAGY) workers in Chattanooga, Tennessee, have filed a petition with the National Labor Relations Board for a vote to join the UAW after a supermajority of Volkswagen workers have signed union cards in just 100 days. The Chattanooga plant is Volkswagen’s only...

United States Steel Corporation (NYSE:X) provided first-quarter FY24 guidance today. The company expects adjusted EPS of $0.80-$0.84 (vs. consensus of $0.89) and sees adjusted EBITDA of around $425 million. U.S. Steel expects the Flat-Rolled segment’s adjusted EBITDA to be...

Saturday, GSK plc (NYSE:GSK) announced overall survival (OS) results from Part 1 and progression-free survival (PFS) results from Part 2 of the RUBY/ENGOT-EN6/GOG3031/NSGO phase 3 trial of Jemperli (dostarlimab) for primary advanced or recurrent endometrial cancer, paving the...

Monday, AstraZeneca Plc (NASDAQ:AZN) released latest analysis of the results from the DUO-E Phase 3 trial of Imfinzi (durvalumab) plus platinum-based chemotherapy followed by Imfinzi plus Lynparza (olaparib) (Lynparza and Imfinzi arm) in mismatch repair proficient (pMMR) advanced or recurrent...

Pham Nhat Vuong, the founder of Vietnamese electric vehicle maker VinFast Auto Ltd (NASDAQ:VFS), reportedly ventured into EV charging stations with the launch of V-Green, emphasizing support for VinFast vehicles globally. V-Green’s mission includes seeking land and...

Embraer SA (NYSE:ERJ) reported a fourth-quarter FY23 revenue of $1.975 billion, missing the consensus of $2.049 billion. Embraer delivered 75 jets in the fourth quarter (vs. 80 in the prior year quarter), of which 25 were commercial aircraft, 49 were executive jets, and one military C-390 jet...

BHP Group Ltd (NYSE:BHP) reportedly disclosed that certain contractors at its West Musgrave project in Western Australia have departed amid deliberations on freezing its nickel division due to a steep price decline. BHP has trimmed approximately a quarter of the contractor workforce at the...

Logitech International S.A. (NASDAQ:LOGI) shares are trading lower premarket Monday after the company disclosed the departure of chief financial officer (CFO) Charles ‘Chuck’ Boynton in May. Boynton will be departing the company to pursue another career opportunity and will...

TotalEnergies SE (NYSE:TTE) disclosed that it has reached over 1.5 GW of signed renewable Power Purchase Agreements (PPAs) with over 600 industrial and commercial customers for self-consumption globally.  Of these PPA’s, 1.1 GW is already in operation, producing 1.5 TWh of...

Uber Technologies Inc (NYSE:UBER) has reportedly agreed to pay A$271.8 million ($178 million) for a settlement of a lawsuit by Australian taxi operators and drivers. The taxi drivers claimed they lost income when the ride-hailing company moved into the country, reported Reuters. This is Australia...

Niu Technologies (NASDAQ:NIU) reported a fourth-quarter fiscal 2023 revenue decline of 21.8% to RMB 478.7 million ($67.42 million). The smart urban mobility solutions provider clocked earnings per ADS of $(0.23). Adjusted net loss was RMB (122.4) million versus RMB (26.2) million a year ago....

Volkswagen AG (OTC:VWAGY) Volkswagen Group of America’s wholly owned finance unit has reportedly reached a $48.75 million settlement to resolve allegations of defrauding investors in U.S. bond offerings. The Securities and Exchange Commission filed a civil lawsuit in March 2019, accusing...