May 10 Reuters Novavax on Friday struck a licensing deal of up to 1.2 billion with Sanofi for COVID19 vaccines in exchange for a stake that valued the U.S. biotech firm at double its current market capitalization.  Shares of the company more than doubled before the bell to 10.11 following the deal as Novavax removed a warning […]

MADRID, May 10 Reuters U.S. automaker Ford plans to assemble 300,000 units of a new model per year at its Spanish plant in the Valencia region starting 2027, Spain39;s Industry Ministry said on Friday. The company had said in March it was considering making a new sports utility vehicle SUV at its plant in Valencia. It […]

TOKYO, May 10 Reuters Japanese technology investor SoftBank Group is expected to slip back into the red when it reports earnings on Monday despite technology stocks including Arm Holdings, its core asset, performing well over the quarter. Analysts and investors are also eagerly awaiting clues about new growth investments as SoftBank has ample liquidity and can […]

Q1 net profit expected to jump 129 yryr Yearago period profit impacted by Sharp stake writedown Foxconn, analysts both bullish on AI server demand Foxconn39;s shares have surged 60 so far this year Q1 earnings call at 0700 GMT on May 14 TAIPEI, May 10 Reuters Taiwan39;s Foxconn, the world39;s largest contract electronics maker, is […]