Blockbuster obesity drug Wegovy has been approved in China, opening the door for maker Novo Nordisk to begin selling it in the world’s second-largest economy, where the appetite for similar treatments is surging.
With the deal, Brookfield aims to bolster exposure to renewables and battery-storage technology and to accelerate Neoen’s portfolio expansion.
Sonoco Products said it is buying Eviosys from KPS Capital Partners for around $3.9 billion as it seeks to be the leading metal food can and aerosol packaging manufacturer globally.
The European Union slapped a raft of new sanctions on Russia over its full-scale invasion of Ukraine, targeting the Kremlin’s liquefied natural gas shipments for the first time.
A General Dynamics facility slated to make artillery shells is part of the Pentagon’s $6 billion push to produce more munitions domestically.
The sportswear brand said it has agreed to pay $434 million to settle claims related to past company financials and focus on its restructuring plan.