Mexico’s Industrial Parks Lobby AMLO in Push for Renewables
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Novo Nordisk to Buy Inversago Pharma for Up to $1.1 Billion
Wegovy maker Novo Nordisk A/S agreed to buy Inversago Pharma, a maker of experimental obesity and diabetes treatments, for as much as $1.08 billion.
Zee-Sony Deal Nod Paves Way for $10 Billion Indian Media Giant
India’s company law tribunal approved a merger between Sony Group Corp.’s South Asian unit and Zee Entertainment Enterprises Ltd., helping clear the way for the creation of a media behemoth.
South Africa’s Ramaphosa Pays $186,000 for Bull Named Jester
A ranching operation owned by South African President Cyril Ramaphosa paid a record 3.5 million rand ($186,000) for a Boran bull named Jester, according to African Farming magazine.
Tokyo Electron Says Chinese Firms Are Buying Up Legacy Chip Tech
Chinese chipmakers are speeding up investments in mature semiconductor equipment as the US and its allies tighten export controls on cutting-edge tech, according to Tokyo Electron Ltd.
No End in Sight to Deadly Cape Town Minibus Taxi Protest
A strike by minibus taxi drivers in Cape Town triggered violence that’s claimed the lives of five people and shows no signs of ending, as authorities in South Africa’s second-largest city refuse to bow to their demands to release impounded vehicles.
Studios Are Raking in Profits While Actors and Writers Are on Strike
Media executives say they’re in good shape despite walkout by talent.
Bankers See Lower Delinquency Rates With Easing Cycle in Brazil
(Bloomberg) — Bankers in Brazil are expecting a reduction in delinquency rates after the central bank kick-started its long awaited easing cycle with an above-estimate cut.Â
UK Buy-to-Let Mortgages Sliding Into Arrears Surge by Almost 30%
The number of UK buy-to-let mortgages falling into arrears surged by almost 30% in the second quarter as a cocktail of higher interest rates and tougher regulation weighs on landlords.
LVMH Tops $22 Billion Luxury Rally as China Lifts Travel Ban
LVMH led luxury stocks higher in Europe on Thursday as China lifted a ban on group tours, boosting the case for travelers spending money on high-end watches and fashion.