Category: Business

Abu Dhabi-backed investor moves to acquire U.S. life insurance and annuity provider amid sector shake-up. 💼 Landmark Acquisition Abu Dhabi-backed investment firm Aquarian Capital has reached an agreement to acquire Brighthouse Financial, a leading U.S. provider of life insurance and annuity products, in a transaction valued at $4.1 billion. The deal will see Brighthouse transition […]

The Japanese conglomerate cashes out 32.1 million shares amid record chipmaker rally. 💼 Strategic Exit SoftBank Group has confirmed the sale of its entire stake in Nvidia, worth $5.83 billion, marking a decisive exit from one of the world’s most valuable semiconductor companies. The Japanese investment giant disclosed that it sold 32.1 million shares in […]

The U.S. coffee giant restructures its China operations amid intensifying competition and shifting consumer trends. ☕ Strategic Partnership in China Starbucks has agreed to cede control of its China retail arm to Hong Kong‑based investment firm Boyu Capital in a deal valued at approximately $4 billion Yahoo Finance Yahoo News Canada. Under the agreement, Boyu […]

Carrier achieves historic earnings despite global aviation challenges and intensifying competition. 📈 Strongest Quarter on Record Turkish Airlines has reported record third-quarter profits of $1.1 billion for 2025, marking the highest earnings in the company’s history. The Istanbul-based carrier said the results reflect 18 consecutive quarters of growth, underscoring its resilience in a volatile global […]

Minister Dara Calleary hails Mayo project as a model for rural regeneration and innovation. 🏢 Historic Courthouse Transformed On November 8, 2025, Minister for Rural and Community Development and the Gaeltacht Dara Calleary TD officially opened the Balla Community Enterprise Hub & Remote Working Space in County Mayo. The project, funded through the Town and […]

Biotech buyout ends bidding war with Novo Nordisk, securing key obesity drug assets. New York – November 8, 2025 — Pfizer Inc. has finalized a deal to acquire Metsera, a clinical-stage biotech focused on obesity treatments, for $86.25 per share in cash, representing a 3.69% premium over Metsera’s closing price on Friday CNBC. The transaction […]

Nouaceur, Morocco – November 8, 2025 — In a landmark move for African industrial development, Morocco and France’s Safran Group have launched a $382 million aircraft engine manufacturing hub near Casablanca, signaling a transformative leap in Morocco’s aerospace capabilities. The initiative, unveiled during a ceremony chaired by King Mohammed VI, positions Morocco as a strategic […]

Temasek-backed giants may form Asia-Pacific’s largest property investment firm amid early-stage talks. Singapore – November 7, 2025 — Two of Singapore’s most prominent real estate investment firms, CapitaLand Investment (CLI) and Mapletree Investments, are reportedly exploring a $150 billion merger, a move that could reshape the Asia-Pacific property landscape. The potential deal, first reported by […]

New Katwijk site to produce oral medicines, create 2,000 jobs, and strengthen Europe’s pharma infrastructure. Netherlands – November 6, 2025 — U.S. pharmaceutical giant Eli Lilly and Company has unveiled plans to build a $3 billion medicine manufacturing facility in the Netherlands, marking its largest European investment to date. The site, located in the Leiden […]

With nearly 14,000 attendees registered for the Second World Summit for Social Development, currently underway in Doha, the gathering has become a meeting place for governments, global organizations and community voices working to shape what a fairer future might look like. UN News is on the ground in Doha, following two major events held alongside […]