April 3 (Reuters) - The ethics adviser to Norway's $1.6 trillion sovereign-wealth fund is assessing whether to recommend the investor to divest its multi-billion dollar stake in mining giant Rio Tinto for environmental concerns, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The council on ethics has told Rio Tinto in recent months that it...

01:44 PM EDT, 04/03/2024 (MT Newswires) -- IBEX Technologies ( IBXNF ) shareholders on Wednesday approved the proposed amalgamation of IBEX and 15720273 Canada Inc., a newly-incorporated wholly owned subsidiary of BBI Solutions OEM Limited. BBI will acquire all of the shares of IBEX at $1.45 per share in cash for total consideration of $37.9 million. Closing of the amalgamation...

(Reuters) - Shares of Moderna ( MRNA ) fell 4% on Wednesday after a U.S. judge issued an order that strengthened Arbutus' arguments in a patent infringement lawsuit related to Moderna's ( MRNA ) blockbuster COVID-19 vaccines. In a so-called claim construction order, U.S. District Judge Mitchell Goldberg interpreted parts of the patents in ways that strengthened Arbutus' case, rejecting...

01:54 PM EDT, 04/03/2024 (MT Newswires) -- Health care stocks were advancing Wednesday afternoon, with the NYSE Health Care Index adding 0.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.2%. The iShares Biotechnology ETF (IBB) decreased 0.1%. In corporate news, Arca Biopharma ( ABIO ) and Oruka Therapeutics said Wednesday that they have agreed to merge in...