NEW YORK (Reuters) -Morgan Stanley's ( MS ) underwriting of Zijin Gold International's Hong Kong IPO placed it and its U.S. investors at risk of regulatory, financial and reputational harm, a U.S. House of Representatives committee told the bank on Thursday.  Zijin Gold is a subsidiary of Zijin Mining Group, a global mining company based in China that is on a...

Nov 14 (Reuters) - Australia's Firmus announced on Friday an equity raise of A$500 million ($324.90 million) as the artificial intelligence company and potential IPO candidate looks to accelerate development of Project Southgate, its AI infrastructure initiative. The move comes as global firms push for more investment into infrastructure necessary to compute artificial intelligence technologies amid growing demand for AI-related...

(Reuters) -Mikael Dolsten, Pfizer's ( PFE ) former research and development chief, has withdrawn his candidacy for Novo Nordisk's board, citing personal reasons, the Danish drugmaker said on Thursday. Dolsten, who led Pfizer's ( PFE ) R&D operations until 2024, informed Novo that he would not seek election at Friday's extraordinary general meeting. He has previously held senior R&D roles...

06:12 PM EST, 11/13/2025 (MT Newswires) -- Under Armour ( UAA ) boosted its estimate for fiscal 2025 restructuring costs and raised its fiscal 2026 adjusted operating income outlook. The board approved an additional $95 million in restructuring expenses, bringing total expected charges to as much as $255 million, the company said Thursday in a statement. The restructuring now includes...