HYDERABAD, May 16 (Reuters) - Indian biopharmaceutical company Biocon reported a decline in its fourth-quarter profit on Thursday, as soaring raw material costs overshadowed growth in its biosimilar business in key United States and Europe markets. The company's consolidated net profit fell 56.6% to 1.36 billion rupees ($16.3 million) for the quarter ended March 31. Its revenue from operations rose...

09:25 AM EDT, 05/16/2024 (MT Newswires) -- Blackstone (BX) said Thursday that Blackstone Growth and other affiliated funds have agreed to acquire a majority stake in business software firm Priority Software. Financial terms of the transaction were not disclosed. Priority Software currently has more than 17,000 business customers and more than 500 employees at five locations in Israel, Belgium and...

(Reuters) - Hugo Boss has struck up a multi-year design partnership with Former Manchester United midfielder David Beckham, the German fashion house said on Thursday, as it seeks to boost demand for its Boss brand. The collaboration includes collections designed and curated by David Beckham for both formal and casual menswear, the company said, with the first collection to launch...

09:29 AM EDT, 05/16/2024 (MT Newswires) -- (Updates with additional details in the headline and the last two paragraphs.) The Charles Schwab Corporation ( SCHW ) announced Thursday that Chief Financial Officer Peter Crawford has decided to retire, and he will be succeeded by Mike Verdeschi, who will join the company on May 20 as deputy chief financial officer. Schwab...