02:04 PM EDT, 04/12/2024 (MT Newswires) -- The Canadian government plans to restrict private equity investments in the residential real estate market as part of proposed housing policy reforms, Dow Jones reported Friday. The new measures will be formally presented in next week's annual budget plan, the report said. The office of Prime Minister Justin Trudeau did not immediately respond...

02:06 PM EDT, 04/12/2024 (MT Newswires) -- (Updates with additional details in the second, third, and fourth paragraphs.) Paramount Global ( PARAA ) was asked by activist investor Barington Capital Group to end exclusive talks with David Ellison and consider rival offers, including one from Apollo Global Management ( APO ) , Bloomberg News reported Friday, citing a letter to...

01:55 PM EDT, 04/12/2024 (MT Newswires) -- PaxMedica ( PXMD ) shares surged after the company said late Thursday it reached an important milestone to enable a new drug application submission and for potential commercial availability in the US of suramin to treat a fatal tropical disease known as Stage 1 Human African Trypanosomiasis. Shares more than doubled as intraday...

BlackRock Inc ( BLK ) , the world’s largest asset manager, faced a setback in its appeal concerning the U.K. tax it sought to reclaim from HM Revenue & Customs on its $13.5 billion acquisition of Barclays Global Investors (BGI) in 2009.  The appeal revolves around a structure BlackRock ( BLK ) established during the Barclays acquisition. Specifically, it concerns the U.S. part...