10:36 AM EDT, 10/04/2024 (MT Newswires) -- PayPal Holdings ( PYPL ) has completed a first business payment using its PYUSD stablecoin through an invoice sent to Ernst & Young on Sept. 23, Bloomberg reported Thursday. Bloomberg said the invoice amount was not disclosed. The transaction was carried out through SAP's (SAP) digital currency hub, which enterprises use to send...

On Friday, Italian pharma company Recordati S.p.A agreed to acquire the global rights to Enjaymo (sutimlimab) from Sanofi SA ( SNY ) for $825 million as an upfront payment and additional commercial milestone payments of up to $250 million. Enjaymo, a humanized monoclonal antibody, is the only approved targeted product for cold agglutinin disease (CAD), a rare autoimmune disorder characterized...

Investors with a lot of money to spend have taken a bearish stance on ASML Holding ( ASML ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...

BRUSSELS, Oct 4 (Reuters) - The European Commission said on Friday it would adopt tariffs on China-made electric vehicles (EVs) by the end of October after a split vote by EU members. The Commission set tariff rates ranging from from 7.8% for Tesla to 35.3% for SAIC and other producers deemed not to have cooperated with the EU's anti-subsidy investigation....