US Business

The Swiss and French companies are in talks about a combination that would create a giant in Europe’s inspection, certification, and testing services industry, with a combined market value of some $33 billion.

The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.

The sale decreases Pfizer’s shareholding in the consumer-healthcare business to 7.3% of its issued share capital, down from 15%.

The latest additions targeted Chinese companies in the critical-minerals, textiles and solar-technology industries.

The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the situation said.

An offer is probably months away from happening.

Angi CEO Jeff Kip will continue to head the company as IAC’s 10th fully independent company, IAC said.

The coffee giant is reversing a policy that had allowed open access to its cafes, in a push to improve store environments.

Shares of retail stocks sank after companies including Abercrombie & Fitch, Macy’s and Urban Outfitters provided updates on their holiday performance and outlooks that disappointed investors for the year ahead.

Pharmaceutical giants have recently shown new enthusiasm for mental-health treatments with vast but unrealized promise.