Daily Management Review
Business & Finance

AstraZeneca may pay CSPC up to $18.5 billion for diabetes and obesity drugs

British pharmaceutical company AstraZeneca will receive the rights to experimental drugs from Chinese CSPC Pharmaceuticals for diabetes and obesity in a deal worth up to $18.5 billion. AstraZeneca will pay $1.2 billion immediately, up to $3.5 billion if it receives the necessary regulatory...

SpaceX’s Profit Engine Reveals a Maturing Business Model Ahead of Public Debut

For much of its history, SpaceX was viewed primarily as a capital-intensive disruptor—an ambitious engineering enterprise burning cash to rewrite the economics of spaceflight. That perception has shifted decisively. Recent financial performance shows the company has crossed a critical threshold: it...

OpenAI is in talks to raise approximately $40 billion from Nvidia, Microsoft, and Amazon

According to a report by the Financial Times, which is citing sources, the American artificial intelligence company OpenAI is currently in discussions to secure around $40 billion in funding from Nvidia Corporation, Microsoft Corporation, and Amazon.com Inc. as part of a larger funding round valued...

TotalEnergies officially resumes Mozambique LNG Project

The CEO of TotalEnergies, Patrick Pouyanné, and the President of Mozambique, Daniel Chapo, together declared the complete restart of operations for the Mozambique LNG project, according to the company's announcement. In November 2025, the Mozambique LNG consortium announced the termination of the...

Volkswagen plans to increase exports of cars produced in China

Volkswagen AG (VW) intends to boost the export of vehicles made in China, as stated by VW CEO Oliver Blume during a meeting with reporters, as reported by Bloomberg. This decision comes in response to the intense price competition within China's automobile market. The car manufacturer has started...

OpenAI to sell ads on ChatGPT for $60 per 1,000 views

OpenAI has set the price for ads on the ChatGPT chatbot at $60 per 1,000 views, according to The Information, which cited sources. This rate is nearly three times higher than the cost of standard Meta advertising. At the same time, the publication noted that OpenAI will offer advertisers less...

China's Anta Sports buys 29% stake in Puma for €1.5 billion

Chinese sports equipment maker Anta Sports Products Ltd. is acquiring a 29.06% share in the German company Puma SE for a total of 1.5 billion euros. Anta disclosed this to the Hong Kong Stock Exchange, stating that it will purchase 43.015 million shares of Puma at a price of 35 euros each from...

PDVSA plans to increase oil production by at least 18% in 2026

Venezuela seeks to boost its oil production by at least 18% in 2026 when compared to the levels in 2025, as stated by the state-run company Petróleos de Venezuela S.A. (PDVSA). This declaration was made by PDVSA's Chief Executive Officer, Hector Obregón, during public talks on the revision of the...

Revolut abandons plans to buy a US bank and will apply for its own license

Fintech startup Revolut has decided to stop its plan to purchase a US bank and instead aims to apply for a banking license in the United States, according to a report by the Financial Times. The newspaper's sources indicate that Revolut is currently discussing with US officials the possibility of...

Bayer shares rise on US Supreme Court decision to hear herbicide case

Bayer's stock went up by 8.4% in German trading, reaching a high of €44.98, according to trading data. This was the biggest increase since early December 2025, as reported by Bloomberg. The rise in Bayer's stock happened after the US Supreme Court said it would hear the company's appeal in the...
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