North America:

  • Pfizer is nearing a takeover of Metsera, an anti-obesity drug developer, with acquisition figures between $4.9 billion and $7.3 billion.
  • Oracle Corporation has promoted insiders Clay Magouyrk and Mike Sicilia to co-CEOs as Safra Catz transitions to executive vice chair.
  • T-Mobile has appointed Srini Gopalan as its new CEO, effective November 1, succeeding Mike Sievert.
  • Bristol-Myers Squibb intends to launch its new schizophrenia drug, Cobenfy, in the UK at a yearly price of $22,500.
  • Compass acquired Anywhere Real Estate in a deal valued between $1.5 billion and $1.6 billion.
  • Collins Aerospace is working on updates to restore its MUSE Passenger Operations System after a cyberattack disrupted operations at several European airports.
  • Saks Global is negotiating the sale of a 49% stake in Bergdorf Goodman for $1 billion.

Europe:

  • Sanofi and Regeneron Pharmaceuticals have received positive CHMP opinions for their drug Dupixent to treat Chronic Spontaneous Urticaria in the EU.
  • BBVA has increased its takeover bid for Banco Sabadell to 1 share for every 4.8376 Sabadell shares, valuing the all-share offer at $20 billion.
  • Porsche AG's delayed electric vehicle launch has led to a plunge in its stock prices, impacting guidance and causing a decline in both its own and parent company Volkswagen's stock prices.
  • AstraZeneca's drugs Tezspire and Koselugo have received recommendations for EU approval.
  • Roche Holding is advancing its experimental obesity drug to a late-stage trial and announced positive Phase III results for its drug giredestrant.
  • Stenhus Fastigheter has sold a development property in Karlstad for 87 million kronor and plans to issue green bonds worth 500 million SEK.

Rest of the world:

  • Vietjet has received its first Boeing 737-8 aircraft as part of a $32 billion order.
  • IndusInd Bank has appointed Viral Damania as its new CFO.
  • Reece Ltd announced an off-market share buyback plan worth A$250 million, resulting in an 18.7% intraday increase in its stock price.
  • SingTel's Optus network experienced a failure that disrupted emergency calls, attributed to a departure from established processes.
  • Wellnex Life Limited has received an initial order from Haleon for the UAE market.