Business - Page 132

Haleon (HLN.L) announced on Tuesday that Pfizer (PFE.N), its largest shareholder, has reduced its investment in the British consumer healthcare company by selling a stake valued at approximately $3.5 billion. This sale

The Rivetti family, previously known for owning the Stone Island brand, has recently sold part of their stake in Moncler, resulting in a noticeable decrease in the luxury group’s stock value. This

Aviva has successfully concluded the sale of its holdings in Singapore Life Holdings along with two debt instruments, collectively amounting to 937 million pounds ($1.19 billion). This significant transaction, as disclosed in

On Monday, President Joe Biden enacted a new executive order to broaden U.S. government exploration into women’s health, committing $200 million for the next year to enhance understanding of various health issues,

At the Summit for Democracy in Seoul, South Korean President Yoon Suk Yeol highlighted the dangers of AI-generated fake news and disinformation to democratic values, urging global cooperation to harness technology for

Chinese electric vehicle (EV) manufacturer Xpeng has unveiled its strategy to penetrate the increasingly competitive low-cost EV market by announcing a new, more affordable brand. During an industry gathering in Beijing, Xpeng’s

Reddit‘s (RDDT.N) journey to the stock market is capturing significant attention, with its initial public offering (IPO) now reported to be oversubscribed by four to five times, according to individuals familiar with

Russian billionaire Oleg Deripaska, in a statement underscored by a profound critique of current pressures on Western investors in Russia, emphasized the detrimental impacts of such practices not only on Russia’s economy

Swisscom (SCMN.S) announced on Friday a significant expansion in Europe’s telecom sector by acquiring Vodafone Italia for 8 billion euros ($8.7 billion), planning to integrate it with its Italian subsidiary Fastweb. This