Henlius Biotech and Sandoz have partnered to develop and commercialize up to 10 biosimilar assets outside China, with Sandoz gaining exclusive global rights, except in China. This collaboration enhances Sandoz's biosimilar pipeline and involves significant financial terms, including a $322 million deal arrangement and Henlius expecting $100.5 million invoicing in 2026.

SEBI calls for a shift from firm-specific security to system-wide cyber resilience, highlighting the interconnected risks across financial networks. At a symposium in Mumbai, the focus is on collaboration, continuous learning, and quick response to cyber threats, emphasizing AI's dual role in defense and attack.

Maersk stock surged 4.3% to a new 52-week high, driven by robust Q2 2026 results and an optimistic full-year outlook. Analysts praised Maersk's earnings beat, with the Ocean division's performance and upgraded guidance indicating ongoing strength in the freight sector.

PTC Industries shares hit a record high, closing at ₹20,580, driven by a 97.4% revenue surge in Q1 FY27. Key growth stems from strategic aerospace and defense agreements and Aerolloy’s material production.

Madison Air Solutions Corporation is set to acquire ebm-papst for $5 billion, enhancing its global footprint and market reach. The deal, pending regulatory approval, aims to leverage ebm-papst's expertise in data-center cooling to bolster Madison Air’s service offerings, with expected synergies of $160 million annually by the third year.

Germany's antitrust authority has reached a settlement with Apple to adjust its App Tracking Transparency prompts, enhancing user consent and data handling for personalized ads. The agreement, part of a broader EU alignment, mandates changes within four months, emphasizing informed user choice and applies to EU users, potentially influencing app development and advertising strategies.

The SOXX index has surged 118% over the past year, driven by AI-related investments, yet experts advise caution due to high valuations and historical patterns. Despite a long-term average return of 14.2%, past AI-driven booms have led to mixed results, suggesting potential volatility ahead.

Argenx's Phase 3 trial of efgartigimod showcased a significant 15.4-point improvement in treating autoimmune myositis, sending its stock up 12% in premarket trading. The trial's success boosts investor confidence, with potential commercialization by 2027 and peak sales estimated at $3 billion for IMNM.

Memory stocks are seeing a bullish trend as the AI revolution drives structural demand, despite short-term volatility. With AI token usage projected to surge, firms like Micron and SK Hynix are positioned to benefit, potentially extending the current upcycle longer than expected.

Despite a Friday dip, U.S. markets ended the week on a high, with the S&P 500 climbing 0.4% and Nasdaq up 0.1%, driven by strong earnings and optimism in AI spending. Analysts keep a close eye on tech results this week, which could reveal further economic trends.

NuScale Power is eyeing a landmark deal with the Tennessee Valley Authority to deploy 6-8 GW of nuclear capacity using its small modular reactors. This could mark the largest U.S. nuclear expansion, leveraging NuScale's NRC-approved SMR technology, despite current financial challenges.

OceanaGold plans to acquire Ausgold Limited for A$776 million, valuing Ausgold shares at A$1.36 each, with a cash option up to A$194 million. The acquisition aims to bolster OceanaGold's portfolio with the Katanning Gold Project, enhancing its growth prospects.

Fortinet is acquiring Virtue AI to enhance its AI-native security capabilities, focusing on continuous AI validation and runtime safeguards for autonomous AI systems. The deal underscores the growing need for robust security solutions amidst the expanding use of AI, though financial terms remain undisclosed.

BlueScope announces a fiscal year profit surge of over 100%, fueled by robust sales in North America and Asia. The growth is attributed to operational improvements and strong market conditions.

In a bold move towards a $20 trillion economy by 2036, the proposed plan focuses on public rail investment, bond market reforms, and tax adjustments. Key initiatives include creating an India Sovereign Fund, integrating fuel under GST, and listing railways publicly to generate significant economic shifts and increase service sector GDP share.

Indian lenders have secured about two-thirds of their dollar borrowings from financial institutions this year, driven by improved capital inflows and reduced hedging costs. This surge, marked by record $8 billion in dollar bonds, is fueled by the RBI's concessional swap facility, enhancing overseas borrowing for banks like Kotak Mahindra and Yes Bank.

U.S.-Iran peace talks and potential disruptions in the Strait of Hormuz keep markets volatile, as global bond yields rise. Indian equities are expected to open flat, with Brent crude near $89 a barrel.

Taiwan Weeks 2026, from November 3-13, aims to bolster global capital market ties and spotlight Taiwan's market potential. Events like the TiBOOST finals and the Asian Asset Management Center Forum in Kaohsiung will connect AI startups with investors and showcase Taiwan as a rising financial hub in Asia.

South Korean markets surged as fears over U.S. rate hikes diminished and oil prices stabilized, boosting risk appetite. This broad rally saw sector diversification beyond semiconductors, with significant gains in construction, energy, healthcare, and steel.