By Bloomberg News
BlackRock Inc. is considering a sale of its stake in the leasing rights to Saudi Aramco’s natural-gas pipeline network back to the energy giant, Bloomberg News has reported.
Banca Monte dei Paschi di Siena SpA is set to take its hostile takeover offer for Mediobanca SpA to shareholders later this month, after the bid to create Italy’s third-largest bank received regulatory approval.
Novartis AG’s drug Cosentyx failed in a late-stage study of patients suffering from inflammation in their blood vessels, a blow to the Swiss company’s efforts to find new uses for the blockbuster medicine.
The US Commerce Department informed the world’s three leading chip design software providers — Synopsys Inc., Cadence Design Systems Inc. and Germany’s Siemens AG — that recent requirements to seek government licenses for business in China are no longer in place.