Pfizer To Buy 9.9% Of Cstone For $200 Million, Eyes Collaboration

Posted by Research Analyst in News on September 30, 2020

CStone Pharmaceuticals said on Wednesday a unit of Pfizer Inc (N:PFE) had agreed to buy a 9.9% stake for HK$1.55 billion ($200 million), as the Hong Kong-listed biopharmaceutical firm seeks to improve the commercialisation of its products. The news sent the Hong Kong-listed stock up as much as 39.6% to HK$12.98, the highest since October

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Google Set To Win Eu Approval For Fitbit Deal With Fresh Concessions, Sources Say

Posted by Research Analyst in News on September 29, 2020

Alphabet (O:GOOGL) unit Google has offered concessions for a second time in a bid to address EU antitrust regulators’ concerns about its bid for fitness tracker maker Fitbit (N:FIT), a European Commission filing showed on Tuesday. The Commission, which is scheduled to decide on the deal by Dec. 23, did not publish details of the

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Uber Can Resume Its Services In London

Posted by Research Analyst in News on September 28, 2020

Uber has won a legal bid to restore its London operating license which was taken away by the city’s transport regulator over safety concerns after a judge decided on Monday that it was a fit and proper operator. Transport for London refused to grant the Silicon Valley-based company a new licence in 2019 due to

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Apple’s $15 Billion Tax Battle Resumes in Europe

Posted by Research Analyst in News on September 25, 2020

The European Commission, which is the executive arm of the EU, said it would appeal a court ruling involving Apple and the Republic of Ireland. The EU’s general court ruled in July that the Commission had failed to prove that the Irish government had given a tax advantage to the tech giant. The Commission’s team,

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Silver Now At Monthly Lows Level

Posted by Research Analyst in News on September 24, 2020

The global markets have been hit hard recently by economic uncertainties and many other factors. Silver was also not spared as the US dollar regained some of its strength. The latest data shows that silver price has paused its six-day losing streak after it recorded 9-week lows of $21.70 in early trades. silver is trying

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