London: Shares of UK-based food delivery firm Deliveroo climbed to their highest level in three years Monday after it confirmed a $3.6 billion takeover offer from US counterpart DoorDash. Deliveroo shares were up 17.19%, their highest since January 20…
Berlin: German pharmaceutical company Merck announced Monday that it has reached an agreement to acquire US-based SpringWorks Therapeutics for $3.9 billion, a move aimed at strengthening its oncology portfolio and expanding its presence in the United …
Berlin: China is steadily gaining ground in European Union markets at the expense of German exporters, according to a report released Monday by the KfW Development Bank. The report highlighted that the export profiles of Germany and China have been co…