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EU antitrust regulators to rule on Novo’s Catalent buy by Dec. 6

By Foo Yun Chee and Maggie Fick BRUSSELS/LONDON (Reuters) -EU antitrust regulators will decide by Dec. 6 whether to clear Novo Holdings’ acquisition of contract drug manufacturer Catalent (NYSE:CTLT), according…

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Earnings call: Lynas Rare Earths reports stable quarter with strategic focus

Lynas Rare Earths Ltd. (LYC), a leading rare earths producer, held a steady course in the September 2024 quarter, with CEO Amanda Lacaze characterizing the period as uneventful yet stable.…

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Earnings call: ICBC reports stable growth amid market challenges

Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, reported a marginal increase in net income for Q3 2024 during its latest earnings call. The…

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Earnings call: KION Group streamlines guidance amid market headwinds

In the third quarter of 2024, KION Group (KGX.DE) reported solid financial results despite a challenging economic climate. CEO Rob Smith and CFO Christian Harm presented the company’s financial performance,…

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KKR exploring investment in Thames Water share plan, Sky News reports

(Reuters) -U.S. investment group KKR is in talks with troubled British utility Thames Water and its advisers about participating in a 3 billion pounds ($3.88 billion) share sale which forms…

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TGI Friday’s operator files for bankruptcy amid financial woes

By Mrinmay Dey (Reuters) – TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection after grappling with prolonged financial challenges…

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China’s BYD boosts production and hiring amid Q3 growth

BEIJING (Reuters) – China’s electric vehicle giant BYD (SZ:002594) ramped up production by nearly 200,000 units from August to October, while hiring close to 200,000 new employees in car manufacturing…

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Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls

By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway (NYSE:BRKa) extended their retreat from stocks in the third quarter, further slashing holdings in Apple and boosting cash to a record…

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3 key points on markets & the US election

Investing.com — This week, Capital Economics took a closer look at the US markets ahead of the upcoming presidential election next week. In a report released Tuesday, the economic research…

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Street call of the week

Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments.…

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