News

Texas Targets Sanofi in High-Stakes Prescription Lawsuit

Texas Targets Sanofi in High-Stakes Prescription Lawsuit

A fresh legal storm is brewing in the Lone Star State — and this time, it centers on pharmaceutical heavyweight Sanofi SA. Texas Attorney General Ken Paxton has filed suit against the French drugmaker, accusing it of disguising financial incentives as support programs in order to sway healthcare providers toward prescribing its medications over competing …

Texas Targets Sanofi in High-Stakes Prescription Lawsuit Read More »

Dimon Dragged In? JPMorgan Pushes Back on Trump’s $5 Billion ‘Debanking’ Suit

Dimon Dragged In? JPMorgan Pushes Back on Trump’s $5 Billion ‘Debanking’ Suit

JPMorgan Chase & Co has moved to redraw the legal battlefield in President Donald Trump’s $5 billion lawsuit, arguing that its chief executive, Jamie Dimon, was wrongly swept into the case. In a court filing, the bank and Dimon contend that Trump improperly named the CEO as a defendant in what they describe as a …

Dimon Dragged In? JPMorgan Pushes Back on Trump’s $5 Billion ‘Debanking’ Suit Read More »

Prairie State Draws a Line: Illinois Targets Wall Street’s Quiet Push Into Law Firms

Prairie State Draws a Line: Illinois Targets Wall Street’s Quiet Push Into Law Firms

Illinois lawmakers are moving to tighten the perimeter around the legal profession, wary that Wall Street’s growing appetite for law firm partnerships could blur the line between business strategy and professional judgment. New bills introduced in both chambers of the Illinois legislature would sharply restrict the role of private equity firms, hedge funds and management …

Prairie State Draws a Line: Illinois Targets Wall Street’s Quiet Push Into Law Firms Read More »

$7.25 Billion Question: Can Bayer Finally Draw a Line Under Roundup Litigation?

$7.25 Billion Question: Can Bayer Finally Draw a Line Under Roundup Litigation?

For years, Bayer AG has been locked in courtroom combat over Roundup, the weedkiller inherited through its acquisition of Monsanto Co. Now the company is floating what it frames as a long-awaited endgame: a proposed $7.25 billion nationwide settlement designed to quiet both current and future claims that Roundup exposure led to non-Hodgkin lymphoma. The …

$7.25 Billion Question: Can Bayer Finally Draw a Line Under Roundup Litigation? Read More »

Beachside Calm Meets City Pulse: Azizi Unveils ‘David’ in Al Jaddaf

Beachside Calm Meets City Pulse: Azizi Unveils ‘David’ in Al Jaddaf

Dubai’s skyline keeps stretching—and in the fast-evolving district of Al Jaddaf, a new residential address is staking its claim on the waterfront narrative. Azizi Developments has introduced Azizi David, part of what it calls the Jaddaf Beach Oasis concept—a project designed to fold resort-style ease into the rhythm of urban life. The pitch is simple: …

Beachside Calm Meets City Pulse: Azizi Unveils ‘David’ in Al Jaddaf Read More »

RAK Central Gets a New Skyline Signature with Radisson Blu Hotel & Residences

RAK Central Gets a New Skyline Signature with Radisson Blu Hotel & Residences

Radisson Hotel Group has planted a new flag in Ras Al Khaimah, unveiling the first Radisson Blu Hotel and Radisson Blu Residences in the fast-rising district of RAK Central. Developed in partnership with BNW Developments, the project blends hospitality, branded living, retail and entertainment into a single address designed to hum with activity from morning …

RAK Central Gets a New Skyline Signature with Radisson Blu Hotel & Residences Read More »

Aramco Set for $25bn Quarter as Higher Output Softens Oil Price Dip

Aramco Set for $25bn Quarter as Higher Output Softens Oil Price Dip

Energy titan Saudi Aramco is heading toward a fourth-quarter profit rebound on an annual basis, though momentum appears to have cooled compared with the previous quarter. Estimates from AlJazira Capital place Aramco’s net profit after minority interest at around 91.9 billion riyals — roughly $24.5 billion — for Q4 2025. That would mark a 5.9% …

Aramco Set for $25bn Quarter as Higher Output Softens Oil Price Dip Read More »

Emirates Driving Bets on AI as It Charts Course Toward ‘Emirates Mobility’

Emirates Driving Bets on AI as It Charts Course Toward ‘Emirates Mobility’

Abu Dhabi’s road-safety heavyweight is steering into the future. Emirates Driving Company PJSC, listed on the Abu Dhabi exchange under the ticker DRIVE, is set to acquire a 51% stake in UAE-based AI specialist Performise Labs. The majority acquisition signals a decisive pivot: from traditional driver training to a tech-powered mobility ecosystem. The company, which …

Emirates Driving Bets on AI as It Charts Course Toward ‘Emirates Mobility’ Read More »

Aldar Taps Apollo Again, Locks in $1 Billion Hybrid to Fuel Expansion Drive

Aldar Taps Apollo Again, Locks in $1 Billion Hybrid to Fuel Expansion Drive

In a fresh show of financial muscle, Aldar Properties has secured $1 billion through a privately placed hybrid notes issuance to Apollo Global Management—deepening a capital partnership that has steadily grown over the past few years. The subordinated hybrid notes, structured with a non-call period of just over a decade, give Aldar long-dated flexibility while …

Aldar Taps Apollo Again, Locks in $1 Billion Hybrid to Fuel Expansion Drive Read More »

Profit Pulse: Saudi Aramco Set for $25 Billion Q4 — But Momentum Slips from Summer High

Profit Pulse: Saudi Aramco Set for $25 Billion Q4 — But Momentum Slips from Summer High

The oil colossus of Saudi Arabia is poised to close 2025 with a solid, if slightly softer, fourth quarter. Analysts at AlJazira Capital expect net profit after minority interest to land at 91.9 billion riyals — roughly $24.5 billion — marking a 5.9% rise from a year earlier. Yet compared to the third quarter, earnings …

Profit Pulse: Saudi Aramco Set for $25 Billion Q4 — But Momentum Slips from Summer High Read More »

Scroll to Top