Axonics, a leader in medical technology, announced in a press release that it is to be acquired by US medical device manufacturer Boston Scientific for an estimated sum of $3.7 billion. Boston Scientific is going to pay $71 for each share in Axonics. The transaction is anticipated to close in the...

As tensions in the vital maritime route continue to increase, Israel's state media announced that the Chinese state-owned shipping behemoth Cosco has stopped shipments to Israel via the Red Sea.   As per Globes, an Israeli financial news outlet, Cosco's decision's details are still unknown....

Sam Altman, the CEO of OpenAI, will not be present at next week's CES trade event in Las Vegas. However, as device manufacturers scramble to find consumer applications for the technology, the generative artificial intelligence frenzy his business touched off last year will be on full display....

Consensus estimates from analysts indicate that the securities' price could increase by 37% in the upcoming year. Experts predict that the business will continue to hold the top spot in the data center graphics processor market while expanding its capabilities to accommodate artificial intelligence...

Chinese biotech Gracell Biotechnologies will be acquired by Swedish-British company AstraZeneca for a reported $1.2 billion. In total, AstraZeneca will pay $1 billion, plus an additional $200 million upon the achievement of specific regulatory requirements. It is anticipated that the deal would...

A trial court in San Benito County, California, has rendered a decision in support of Bayer Chemical Corporation, a company that was accused of causing cancer through its Roundup herbicide. The plaintiff's cancer was not deemed to be related to the usage of this herbicide, according to the court....

American aerospace companies Boeing Co. and Lockheed Martin have received offers from Jeff Bezos' Blue Origin and private equity firm Cerberus to buy launch vehicle manufacturer United Launch Alliance (ULA), the Wall Street Journal writes. The amounts of the bids made by Cerberus and Blue Origin...

On December 20, the Tokyo Stock Exchange delisted Toshiba's industrial conglomerate's shares, according to the Financial Times. After being listed on the stock exchange for 74 years, the corporation accepted a buyout offer in March worth 2 trillion yen, or $14 billion, from a group of investors...

Australia's wealthiest woman, Gina Rinehart, owns Hancock Prospecting Pty., which is owned by the Chilean business Sociedad Quimica & Minera de Chile SA (SQM), and together they have made a formal offer to purchase Australian lithium producer Azure Minerals Ltd. For the business, they made an...