Novartis has received nine reports of tumors in patients treated with Zolgensma since the gene therapy was approved in 2019. The company said evidence links two cases to the medicine; both patients have been treated and remain under monitoring.
Bitcoin climbed 0.5% to $76,122 in European morning trading Friday after dropping overnight to $75,131, its lowest level since mid-September, according to LSEG data. A recovery in U.S. stock futures offered some relief after a tech-led selloff had pulled down cryptocurrencies and other risk-sensitive assets.
Tesla plans to scale back Cybertruck production at its Texas gigafactory next year to make room for more Cybercab manufacturing, Chief Executive Elon Musk said Friday. The move comes as the stainless-steel pickup faces slow demand and the company shifts its focus toward autonomous vehicles and robots.
Taiwan’s National Financial Stabilization Fund authorized its executive secretary to deploy money if needed after the Taiex lost 12% this week, as a global selloff in artificial intelligence-related stocks hit the island’s technology-heavy market.
U.S. Treasury yields rose slightly Friday ahead of October payrolls data, while German government bond yields stayed near multimonth lows as investors sought safety amid a technology-stock selloff and uncertainty over AI regulation.
Emera’s third-quarter net income fell to C$182 million from C$228 million a year earlier, while the Halifax-based utility raised its dividend and announced a C$21.5 billion five-year capital plan focused largely on Florida’s growing energy demand.
KFC will keep serving Pepsi beverages in eight international markets under a renewed contract, even as the Yum Brands division moves thousands of U.S. restaurants to Coca-Cola after years with Pepsi as its supplier.
Cineplex’s third-quarter net income climbed to C$23.8 million from C$1.2 million a year earlier, as attendance and revenue rose sharply. Revenue increased 26% to C$440.2 million, beating analysts’ expectations, while earnings per share fell short of the FactSet forecast.
Sylvamo has accepted a binding offer from Midas Atlantic Partners for its European business, a sale expected to close in the first quarter. The companies did not disclose financial terms, and the transaction remains subject to consultation processes and a definitive share purchase agreement.
Algonquin Power & Utilities’ third-quarter net income fell to $57.6 million from $71 million a year earlier, as wildfire-related costs and other one-off charges weighed on results. Adjusted earnings of 11 cents a share topped analysts’ 10-cent expectation, according to FactSet.
Elanco Animal Health raised its full-year forecast after third-quarter revenue rose 11% and the company returned to profit, with higher prices, stronger volumes and market-share gains lifting results. Its new earnings and sales ranges are also above analysts’ average expectations, according to FactSet.
THine Electronics reported revenue of ¥5.85 billion for the nine months ended September 30, 2026, up from ¥2.61 billion a year earlier. Its net loss narrowed to ¥185 million from ¥529 million, according to results prepared under Japanese accounting standards.
Charm Care Corp. reported net profit of ¥1.15 billion for the quarter ended September 30, up from ¥752 million in the same quarter of 2025, according to results based on Japanese accounting standards.
EDP raised its full-year profit outlook after reporting third-quarter net profit of 462 million euros, up from 243 million euros a year earlier. The Portuguese utility said it was outperforming on delivery of its business plan across all segments.
Alfa Laval has agreed to pay $700 million in cash for Norwegian maritime software provider Navtor, adding e-navigation and fleet-performance products to the Swedish company’s ocean division. The acquisition is expected to close in the first quarter of 2027, pending regulatory approvals.
Toho Bank Ltd. reported group net profit of ¥8.58 billion for the half-year ended September 30, 2026, up from ¥6.27 billion in the same period of 2025. Revenue and pretax profit also increased, according to results prepared under Japanese accounting standards.
Yamada Holdings Co. Ltd. reported net profit of ¥21.56 billion for the six months ended September 30, 2026, up from ¥12.78 billion in the same period a year earlier. The Japanese retailer also recorded increases in revenue, operating profit and pretax profit.
Shirai Electronics Industrial Co. reported a net loss of ¥16 million for the quarter ended June 30, compared with net profit of ¥341 million a year earlier. Revenue edged higher, while operating and pretax profits declined, according to results prepared under Japanese accounting standards.
COOKPAD Inc. reported revenue of ¥3.71 billion and net profit of ¥518 million for the nine months ended September 30, 2026, compared with ¥4.04 billion and ¥538 million, respectively, in the same period of 2025.
Sankyo Seiko Co. Ltd. posted net profit of ¥1.10 billion for the half-year ended September 30, reversing a ¥551 million loss a year earlier, according to results prepared under Japanese accounting standards.
Sushiro Global Holdings Ltd. reported net profit of ¥35.38 billion for the year ended Sept. 30, 2026, up from ¥22.94 billion a year earlier. Revenue and profit at each reported level also increased, according to results prepared under IFRS accounting standards.
Kyokuyo Co. reported net profit of ¥3.20 billion for the six months ended Sept. 30, 2026, up from ¥2.81 billion in the same period a year earlier, under Japanese accounting standards.
Shirai Electronics Industrial Co. reported net profit of ¥308 million for the six months ended September 30, down from ¥706 million a year earlier, while revenue rose to ¥15.04 billion from ¥13.68 billion.
Ariake Japan Co. reported net profit of ¥3.97 billion for the six months ended September 30, down from ¥4.13 billion a year earlier. Revenue and operating profit edged higher, while pretax profit and earnings per share declined.
OncoTherapy Science Inc. reported a net loss of ¥574 million for the six months ended September 30, 2026, compared with a ¥555 million loss in the same period a year earlier. Revenue fell to ¥335 million from ¥431 million.
Hob Co. Ltd. reported a net loss of ¥49.00 million for the first quarter ended September 30, compared with a ¥53.00 million loss a year earlier. Revenue rose to ¥354.00 million from ¥315.00 million, while the company remained in the red on operating and pretax results.
Fixstars Corp. reported net profit of ¥1.96 billion for the year ended September 30, 2026, slightly above the ¥1.95 billion recorded a year earlier. Revenue and operating profit also increased, according to results prepared under Japanese accounting standards.
Onamba Co. Ltd. reported net profit of ¥1.22 billion for the nine months ended September 30, 2026, up from ¥1.11 billion in the same period of 2025, according to results prepared under Japanese accounting standards.
Ushio Inc. reported net profit of ¥5.37 billion for the half-year ended September 30, compared with ¥240 million in the same period a year earlier, under Japanese accounting standards.
Falco Holdings Co. Ltd. reported net profit of ¥957 million for the six months ended September 30, 2026, up from ¥803 million a year earlier. Revenue, operating profit and pretax profit also increased, according to results prepared under Japanese accounting standards.
