Saudi Arabia's sovereign wealth fund will buy a "significant" minority stake in luxury hotel group Rocco Forte Hotels and expand into various markets, the owner of the UK's Balmoral hotel said on Monday.
Defence equipment maker Kongsberg Gruppen said on Monday it has won a contract with the Norwegian Defence Material Agency for support, maintenance and life-extending services on Norway's frigates worth 17 billion crowns ($1.59 billion).
(RTTNews) - Syncona Ltd (SYNC.L), a life science investor, announced Mpnday that its portfolio company, Beacon Therapeutics, has presented positive data from the Phase II SKYLINE trial of its AAV viral vector-based gene therapy AGTC-501 in X-Linked Retinitis Pigmentosa or XLRP.
Spotify will reduce its total headcount by around 17% across the company, it said in an email on Monday, after laying of 6% of this staff in January citing higher costs.
Aspen Pharmacare will buy the Chinese business of Swiss group Sandoz, including commercialisation rights and intellectual property for some established products and those in the pipeline, for up to 92.6 million euros ($100.6 million), the South African company said on Monday.
Ukraine's grain exports have fallen to around 13.4 million metric tons so far in the 2023/24 July-June marketing season, agriculture ministry data showed on Monday.
Turkey's annual inflation rate edged up to 61.98% in November, data showed on Monday, just shy of expectations and boosted to its highest level this year by food and transportation prices.
(RTTNews) - Africa Oil Corp. (AOI.TO) said the Toronto Stock Exchange has approved the company's proposed normal course issuer bid. Pursuant to the NCIB, the company is authorized to repurchase up to 38,654,702 common shares, which represents 10% of the public float of 386,547,02
Australia batsman Usman Khawaja has mounted a spirited defence of David Warner after former team mate Mitchell Johnson questioned his place in the test squad and said he had not taken full responsibility for the 2018 ball-tampering scandal.
Oilfield services firm Petrofac Ltd said on Monday it was in discussions over the sale of its non-core assets and that it will no longer be able to meet its full-year guidance of "broadly neutral free cash flow" due to payment delays.
As a retirement destination, the state of Minnesota doesn't hit the mark on a couple of frequently held criteria. Social Security: Not Everyone Gets the Full 3.2% COLA Increase -- Here's WhyFind Out:...
The potential of AI has captured the imagination of everyone, and it's already leading to massive investments from big business. The IDC forecasts annual spending on AI software to reach $279 billion by 2027, or an increase of 31% per year.
Arizona features lots of sunshine, outdoor activities and cultural diversity, making it an ideal place to call home for many. But how does the state rank in terms of affordability? Check Out: Cities...
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