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AstraZeneca (AZN) and Amgen’s Tezspire Succeeds in Late-Stage Oesophagus Disease Trial
AstraZeneca said Thursday its drug Tezspire met all primary and secondary goals in a late-stage trial. The Phase III CROSSING trial tested Tezspire against placebo in eosinophilic oesophagitis (EoE). AstraZeneca developed the drug jointly with Amgen for this chronic inflammatory oesophagus condition. What the CROSSING Trial Showed The Phase III CROSSING trial evaluated two once-every-four-week…
Nvidia Beats Q2 Targets With $96.2B Revenue, Stock Falls 1.6% on August 27
Nvidia beat Q2 earnings with $96.2B revenue and $2.22 adjusted EPS, but stock fell 1.6%. Q3 guidance of $108B signals strong AI chip demand ahead.
Bikaji Foods (BIKAJI) Shares Jump 4% to ₹635.95 After Strategic Bakery Partnership With Thayekunni Khaleel
Bikaji Foods shares jumped as much as 4% to an intraday high of ₹635.95 on August 27, 2026, before settling up 2.28% at ₹624.65. The rally followed a strategic bakery partnership with Thayekunni Khaleel, founder of the Bakemart brand, through subsidiary Bikaji Bakes Private Limited. Bikaji transferred a 30% equity stake in BBPL to Khaleel…
Tata Power (TATAPOWER) Shares Drop 4% to ₹349.20 After Court Rejects Challenge to $490 Million Award
Tata Power shares fell nearly 4% to ₹349.20 on Thursday, August 27, 2026, after a Singapore court setback. The Singapore International Commercial Court dismissed all of Tata Power’s challenges to a $490.32 million arbitration award favoring Kleros Capital Partners. The stock opened at ₹359.20, its intraday high, before sliding to a day’s low of ₹348.10. …
Samsung Affiliates Face 45% Premium Offer for S-1 Stake as Activist Investor Pushes Landmark Deal
Samsung affiliates received a formal buyout offer for their combined stake in S-1 Corp on August 27, 2026. Singapore-based Flashlight Capital Partners proposed acquiring the 20.6% stake at 116,000 won per share. That price represents a 45% premium to Wednesday’s closing price. The deal totals 906.6 billion won, or $655 million, testing South Korea’s revised…
US Threatens Iran’s Trading Partners With Sanctions as Treasury Tightens Economic Grip
Trump administration threatens secondary sanctions on Iran’s trading partners including China, Turkey, and UAE. Treasury Secretary Bessent warns countries to cut ties with Tehran or face US penalties.
Edge Early Learning Collapses Into Administration: 70 Centres at Risk, August 27
Childcare provider Edge Early Learning enters voluntary administration with 70 centres at risk. KordaMentha appointed as administrators. Arena REIT holds $4 million in guarantees over 31 leased properties.
Peter Woo’s Family Office Seeks $1 Billion Private Equity Exit
Peter Woo’s family office is looking to sell $1 billion of private equity stakes including HSG and Vista Equity Partners, as secondary PE sales surge globally.
Tokyo Faces ¥225.5 Billion Furusato Nozei Deficit as 19 Prefectures Bleed Tax Revenue
Tokyo and 18 other prefectures posted deficits in fiscal 2025 furusato nozei donations, with Tokyo losing ¥225.5 billion. Total donations hit ¥1.33 trillion, a record high.