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Sun Pharma to buy US drugmaker Organon for $11.75 billion in India's largest pharma deal

Sun Pharma to buy US drugmaker Organon for $11.75 billion in India's largest pharma deal

By Kashish Tandon and Rishika Sadam April 26 (Reuters) - Sun Pharmaceutical Industries will buy U.S. drugmaker Organon & Co in an all-cash deal valued at about $11.75 billion including debt, for the largest overseas acquisition by an Indian pharmaceutical company.
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Smithfield Foods beats quarterly estimates on steady packaged meats demand

Smithfield Foods beats quarterly estimates on steady packaged meats demand

April 28 (Reuters) - Smithfield Foods beat Wall Street estimates for first-quarter sales and profit on Tuesday and stuck to its annual forecasts, helped by steady demand for packaged meat products such as bacon, ham, sausages and hot dogs.
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Critical Metals agrees to buy European Lithium for about $835 million

Critical Metals agrees to buy European Lithium for about $835 million

April 27 (Reuters) - U.S.-based miner Critical Metals has signed a letter of intent to purchase all outstanding shares of European Lithium in an about $835 million deal, a move that would secure its full ownership of Greenland's Tanbreez rare earth project.
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Analysis-Blocking of Meta's AI startup buy raises risk for cross-border China tech deals

Analysis-Blocking of Meta's AI startup buy raises risk for cross-border China tech deals

By Kane Wu, Laurie Chen and Eduardo Baptista BEIJING/HONG KONG/SINGAPORE, April 28 (Reuters) - China's blocking of Meta's acquisition of AI startup Manus will heighten the risk for global investors looking to invest in advanced tech firms with ties to the country amid Beijing's expansion of
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Meta prepares to undo Manus acquisition after China ban, WSJ reports

Meta prepares to undo Manus acquisition after China ban, WSJ reports

April 27 (Reuters) - Meta Platforms is preparing to unwind its acquisition of artificial intelligence startup Manus after China blocked the deal on national security grounds, the Wall Street Journal reported on Monday, citing people familiar with the matter.
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Toyota sales fall for second month in March on Middle East slump, RAV4 model change

Toyota sales fall for second month in March on Middle East slump, RAV4 model change

TOKYO, April 27 (Reuters) - Toyota Motor said on Monday global vehicle sales fell for a second successive month in March, as a sharp drop in the Middle East and a model changeover for its popular RAV4 sport utility vehicle weighed on deliveries.
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Seaport, Hemab launch US IPOs as biotech listings gather momentum

Seaport, Hemab launch US IPOs as biotech listings gather momentum

April 27 (Reuters) - Drug developers Seaport Therapeutics and Hemab Therapeutics launched their U.S. initial public offerings on Monday, seeking to capitalize on a growing investor appetite for new listings. The U.S.
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Sereact Secures $110 Million to Expand Robotics and AI Model in the U.S.

Sereact Secures $110 Million to Expand Robotics and AI Model in the U.S.

Sereact Secures $110 Million to Expand Robotics and AI Model in the U.S.
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Amazon secures exclusive rights to Oprah Winfrey's podcast

Amazon secures exclusive rights to Oprah Winfrey's podcast

April 27 (Reuters) - Amazon signed a multi-year deal with American talk show host Oprah Winfrey's Harpo Entertainment that gives its Wondery podcast unit exclusive distribution and advertising rights to "The Oprah Podcast" in audio and video, the companies said on Monday.
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Japan's record bull run under threat as Mideast war clouds earnings season

Japan's record bull run under threat as Mideast war clouds earnings season

By Satoshi Sugiyama TOKYO, April 27 (Reuters) - As Japanese companies begin earnings season with rosy reports of results past, investors are watching out for signs of the Middle East conflict upending business forecasts and derailing what has been a world-beating bull run in shares.
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DeepSeek's new AI model does not wow markets in fast-changing industry

DeepSeek's new AI model does not wow markets in fast-changing industry

By Eduardo Baptista BEIJING, April 27 (Reuters) - Market reaction to DeepSeek's preview of its long-awaited next-generation artificial intelligence model has so far been subdued compared with the Chinese startup's outsized global breakthrough last year after the launch of its low-cost AI models.
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LNG tanker orders gain pace despite mixed outlook from Iran war

LNG tanker orders gain pace despite mixed outlook from Iran war

By Emily Chow SINGAPORE, April 27 (Reuters) - Global orders to build liquefied natural gas carriers (LNGC) are set to rebound this year after a 2025 slump as growing LNG output and vessel fuel efficiency drive demand, industry executives and analysts say.