Updated

By David Dolan and Kanjyik Ghosh TOKYO (Reuters) -Drugmaker Merck will pay Daiichi Sankyo $5.5 billion to jointly develop three of its candidate cancer drugs, they said, in a deal that could be worth[...]

(Reuters) – The U.S. auto regulator on Tuesday said Tesla will recall 54,676 Model X vehicles manufactured between 2021-2023, as the vehicle controller is likely to fail to detect low brake flui[...]

By Lewis Krauskopf NEW YORK (Reuters) – Investors in the coming week will get a look at the state of U.S. consumers – whose spending drives around two-thirds of the economy – with a[...]

By Paul Sandle, Yadarisa Shabong and Aditya Soni LONDON (Reuters) – Xbox maker Microsoft closed its $69 billion deal for Activision Blizzard on Friday, swelling its heft in the video-gaming mark[...]

By Sabrina Valle and Arathy Somasekhar HOUSTON (Reuters) -Exxon Mobil agreed to buy U.S. rival Pioneer Natural Resources in an all-stock deal valued at $59.5 billion that would make it the biggest pro[...]

By Ananya Mariam Rajesh (Reuters) -PepsiCo Inc said on Tuesday it planned “modest” price hikes next year as demand held up despite multiple increases that prompted the snacks and beverages[...]

By Stephen Nellis and Max A. Cherney (Reuters) – In a new front in the U.S.-China tech war, President Joe Biden’s administration is facing pressure from some lawmakers to restrict American[...]

By Mike Dolan LONDON (Reuters) -Thirteen months is often too distant an horizon for financial markets to focus on, but uncertainties surrounding 2024’s U.S. Presidential election are becoming di[...]