(Fixes timeframe in last paragraph to In July) By Padmanabhan Ananthan and Angela Christy M (Reuters) -Swiss drugmaker Novartis on Sunday said it agreed to acquire U.S. biotech firm Avidity Biosciences for about $12 billion in cash, as the company looks to bolster its portfolio of treatments for rare muscle disorders. As per the terms of the deal, Avidity stockholders...

05:03 AM EDT, 10/27/2025 (MT Newswires) -- Microsoft ( MSFT ) is being sued by the Australian Competition and Consumer Commission for allegedly misleading millions of customers over communications regarding subscription plans and price increases following integration of its Copilot artificial intelligence assistant into Microsoft ( MSFT ) 365, the regulator said Monday. For almost a year, the technology giant...

LONDON & NEW YORK--(BUSINESS WIRE)-- Comply, the leading provider of regulatory and compliance technology solutions for financial firms, today announced it has acquired Trailight, the U.K.’s leading provider of purpose-built solutions for managing conduct risk, competence frameworks, and global accountability regimes. With the addition of Trailight, Comply becomes the first and only unified compliance platform to bring together firm compliance,...

05:13 AM EDT, 10/27/2025 (MT Newswires) -- HSBC Holdings ( HSBC ) said Monday its Luxembourg unit had its appeal rejected on the securities claim, but its cash claim appeal was accepted in the Herald Fund case, and it plans on filing a second appeal. The case relates to the Bernard Madoff Investment Securities fraud and a 2009 Luxembourg lawsuit...