(Reuters) -U.S.-based private equity firm Warburg Pincus is in talks to sell its stake in State Bank of India's general insurance unit, Bloomberg News reported on Monday, citing people familiar with the matter. Warburg Pincus is negotiating with Premji Invest, the investment unit of Indian billionaire Azim Premji, and SBI, the country's largest lender, to divest its 10% stake in...

08:17 AM EDT, 06/23/2025 (MT Newswires) -- Teledyne Technologies ( TDY ) division Teledyne FLIR Defense said Monday its Black Hornet 4 Personal Reconnaissance System has been approved for the Blue UAS list with an authority to operate. The approval was granted after completing the required National Defense Authorization Act and cybersecurity verification process, the company said. Black Hornet 4...

08:21 AM EDT, 06/23/2025 (MT Newswires) -- Forte Biosciences ( FBRX ) reported positive data Monday from a phase 1b trial of lead program FB102 to treat celiac disease. The biopharmaceutical company said the study assessed morphologic and inflammatory endpoints along with gluten-challenge induced symptoms. Chief Executive Paul Wagner said the results are very encouraging given the biology of the...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...