Goldman Sachs has promoted investment bankers Michael Carr, Dusty Philip and Gilberto Pozzi to co-chairs of its global mergers and acquisitions franchise, a memo seen by Reuters showed.
Gene sequencing company Illumina Inc will pay US$7.1 billion in cash and stock to buy cancer test startup Grail Inc, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Washington's leading liberal think tank, which for years has shaped Democratic financial, economic and social policies, has begun drawing up a list of Wall Street-friendly rules that could be swiftly repealed if the party wins big in the election.
Boeing Co is nearing a decision to shift more 787 Dreamliner production to South Carolina, industry sources said, a cost-cutting strategy accelerated by the COVID-19 pandemic that would deplete its iconic factory north of Seattle.
Norway's US$1.15 trillion sovereign wealth fund should shift more assets into the United States and Canada, while cutting its holdings in Europe, the country's minority government said on Monday.
Confused by kilowatts? Can’t tell an anode from a cathode? Here is a simple guide to the jargon likely to be tossed around at Tesla’s Battery Day on Sept. 22.
The European Medicines Agency (EMA) has recommended approval for Lynparza in patients with a form of prostate cancer and as a first-line maintenance treatment for a form of advanced ovarian cancer, the British drugmaker AstraZeneca said on Monday.
German aviation startup Volocopter has teamed up with logistics group DB Schenker to deploy its heavy-lift drones, in a project that will gather vital practical flying experience before its air taxis enter service.
China needs to become the first nation to issue a digital currency in its push to internationalise the yuan and reduce its dependence on the global dollar payment system, a commentary published by the country's central bank said.
U.S. electric-truck maker Nikola Corp said on Sunday its executive chairman Trevor Milton has stepped down.
