Companies

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

PetroChina’s 2025 Profits Dip Amidst Global Oil Price Volatility and Softening Demand

PetroChina reports a 4.5% drop in 2025 net profit due to lower oil prices and weak fuel demand, despite increased production and strong cash flow.

Henkel Seals $1.4 Billion Deal to Acquire Haircare Innovator Olaplex

Henkel announces $1.4 billion acquisition of Olaplex, aiming to boost its premium haircare portfolio and expand Olaplex's global reach. Learn more about the strategic deal.

Uber Elevates Travel Game: Acquires Luxury Chauffeur Service Blacklane

Uber Technologies acquires Blacklane, a global chauffeur service, to expand its luxury and executive travel offerings and enhance its premium mobility solutions worldwide.

Blackstone Makes Significant $250 Million Investment in UAE Payment Platform Amidst Regional Tensions

Blackstone invests $250 million in UAE payment and data intelligence platform ADGT, signaling confidence in the region despite geopolitical tensions.

Corebridge Financial and Equitable Holdings Forge $22 Billion Merger to Create Financial Services Powerhouse

Corebridge Financial and Equitable Holdings announce a $22 billion all-stock merger, creating a leading retirement, life, wealth, and asset management company with over 12 million customers and $1.5 trillion in assets.

Pulmatrix and Eos SENOLYTIX Unite to Pioneer Anti-Aging Therapies Targeting Mitochondrial Health

Pulmatrix and Eos SENOLYTIX announce a merger agreement to create Eos SENOLYTIX, Inc., a company focused on advancing novel mitochondrial therapies for age-related diseases like sarcopenia, backed by $19 million in financing.

Henkel Acquires Olaplex for $1.4 Billion in Strategic Haircare Deal

Henkel announces acquisition of Olaplex for $1.4 billion, strengthening its position in the premium haircare market. Details on deal terms, strategic rationale, and future operations.

SPIE Bolsters German Industrial Services with SGS Acquisition

SPIE acquires SGS Industrial Services Group to expand its industrial services in Germany, strengthening its value chain and market position.

SpaceX Poised for Record-Breaking IPO, Filing Expected This Week

SpaceX is reportedly preparing to file for its IPO this week, targeting a record-breaking valuation of over $75 billion driven by its Starlink service and ambitious future projects.

Agileo Automation Unveils Agil’EDA to Streamline Semiconductor Data Acquisition

Agileo Automation launches Agil'EDA to accelerate SEMI EDA adoption for semiconductor equipment OEMs, offering a future-ready solution for high-performance connectivity.

Thermo Fisher Scientific Seals $8.875 Billion Deal for Clario Holdings, Bolstering Clinical Trial Data Capabilities

Thermo Fisher Scientific completes $8.875 billion acquisition of Clario Holdings, enhancing its clinical trial data solutions and biopharma services.

Haymaker Acquisition Corp. 4 Secures Non-Redemption Agreements, Bolstering Suncrete Merger

Haymaker Acquisition Corp. 4 has entered into non-redemption agreements with investors for its business combination with Suncrete, securing over 4.4 million shares and bolstering merger finances.

Everest Medicines Secures Rights to CARDAMYST™ Nasal Spray for Greater China in Up to $50 Million Deal

Everest Medicines acquires rights to CARDAMYST™ (etripamil) nasal spray for Greater China in a deal valued up to $50 million, aiming to enhance its cardiovascular offerings.

Leonardo Strengthens Naval Capabilities with Full Acquisition of GEM Elettronica

Leonardo completes the acquisition of GEM Elettronica, boosting its naval systems and radar technology capabilities. Learn more about the strategic implications.

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