Category: Business

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 […]

Summary: Qatar Airways has sold its entire 9.6% stake in Cathay Pacific Airways for approximately $897 million, marking a complete exit from its eight-year investment in Hong Kong’s flagship carrier. The transaction, executed through a share buyback by Cathay, reflects a strategic portfolio shift by the Gulf airline and underscores Cathay’s efforts to consolidate ownership […]

Summary: Kimberly-Clark has announced a landmark agreement to acquire consumer health giant Kenvue, the maker of Tylenol, Band-Aid, and Benadryl, in a $48.7 billion cash-and-stock deal. The transaction, approved by both companies’ boards, is expected to close in the second half of 2026, pending regulatory and shareholder approvals CNBC CBS News. Strategic Merger of Consumer […]

Summary: Deutsche Telekom and U.S. chipmaker Nvidia have announced a €1 billion industrial AI data centre in Munich, a project designed to boost Germany’s digital sovereignty and accelerate Europe’s ambitions in artificial intelligence. The facility, set to open in early 2026, will be one of Europe’s largest AI hubs, delivering massive computing power to industries […]

Summary: Amazon has signed a seven-year, US$38 billion (A$58.1 billion) agreement with OpenAI, granting the ChatGPT maker access to massive computing power through Amazon Web Services (AWS). The deal, one of the largest in the AI sector to date, sent Amazon shares to a record high, underscoring the surging demand for advanced cloud infrastructure to […]