Thursday, 2 December 2021

Reuters Business: Australia's CSL in exclusive talks to buy Swiss Vifor Pharma - report

Australia's CSL in exclusive talks to buy Swiss Vifor Pharma - report

Australian biotech giant CSL Ltd is in exclusive talks to buy Vifor Pharma in a A$10 billion ($7.10 billion) deal, the Australian reported on Thursday, sending the Swiss drugmaker's shares up more than 17%.

Wall Street ends higher in robust rebound from Omicron-driven rout

A broad rally sent Wall Street to a sharply higher close on Thursday, recovering ground lost over recent sessions as market participants snapped up bargains while digesting the implications of a shifting pandemic.

Nikola CEO: Inflation keeps clean truck costs higher than diesel

Supply-chain bottlenecks and broader price inflation have temporarily reversed the steady decline in electric vehicle battery prices and are keeping the costs of clean trucks higher than diesel vehicles, the CEO of electric and fuel cell truck maker Nikola Corp told Reuters.

Welcome to the Tinderverse: Tinder's CEO talks metaverse, virtual currency

Dating app Tinder is exploring how to blur the boundaries between offline and online worlds, CEO Renate Nyborg said in an interview at the Reuters Next conference.

Dollar, shares rise as Omicron fears subside

A gauge of global equities surged on Thursday as Wall Street rallied on hopes the Omicron COVID-19 variant will prove mild and will not halt a strongly recovering U.S. economy, while the dollar edged higher in choppy trading as risk appetite improved.

Wall Street ends higher in robust rebound from Omicron-driven sell-off

A broad rally sent Wall Street to a sharply higher close on Thursday, recovering ground lost over recent sessions as market participants snapped up bargains while digesting the implications of a shifting pandemic.

BuzzFeed could fetch lesser capital through merger with blank-check firm - WSJ

BuzzFeed Inc could fetch lesser-than-expected capital through its $1.5 billion merger with a special purpose acquisition company (SPAC), the Wall Street Journal reported on Thursday, citing people familiar with the matter.

IMF says chief economist Gopinath to replace Okamoto as No. 2 official

The International Monetary Fund said its second ranking official, First Deputy Managing Director Geoffrey Okamoto, will leave the Fund in early 2022 and will be replaced by Gita Gopinath, who currently serves as the IMF's chief economist.

U.S. FTC sues to block Nvidia deal to buy Arm

The U.S. Federal Trade Commission on Thursday sued to block U.S. chip supplier Nvidia Corp's more than $80 billion planned acquisition of British chip design provider Arm.

Allianz promises dividend increase of at least 5%

German insurer Allianz on Thursday announced plans to increase its dividend per share by at least 5% for fiscal year 2021 compared to the previous year.

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