North America:

  • Berkshire Hathaway announced the purchase of $17 billion in U.S. Treasury bills this week. Its investment in Apple has generated over $100 billion in gains, according to Warren Buffett.
  • BlackRock is considering HSBC's Canary Wharf tower as its new London headquarters, seeking 600,000 square feet of office space. On a side note, BlackRock senior investment officer Rick Rieder predicts the Federal Reserve will cut rates soon.
  • Eli Lilly agrees to acquire Centessa Pharmaceuticals for $6.3 billion, expanding its neuroscience portfolio and advancing sleep medicine treatments.
  • Biogen will acquire Apellis Pharmaceuticals for $5.6 billion in cash to enhance its rare-disease and kidney disease portfolio.
  • Constellation Energy forecasts adjusted 2026 profit slightly below estimates while increasing its share buyback authorization to $5 billion.
  • Chevron's Wheatstone LNG facility remains offline due to severe cyclone damage, likely delaying full production for several weeks.
  • McCormick beats first-quarter sales and profit estimates due to strong demand from home-cooking consumers.

Europe:

  • Unilever and McCormick agree to merge their food businesses in a $60 billion cash-and-stock deal, creating a global food-industry powerhouse.
  • Volvo Cars increases its stake in Polestar from 9.8% to 19.9% by converting $274 million of debt into equity and consolidates Polestar 3 production at its South Carolina plant to streamline EV manufacturing.
  • London Stock Exchange Group (LSEG) partners with Dell Technologies to create a new secure, high-performance private cloud platform.
  • NCC secures a SEK 650 million contract with LKAB for initial concrete and civil works on a new sorting plant in Vitåfors, Gällivare.
  • Eutelsat completes a debt refinancing program extending maturity to 2031 to reduce borrowing costs and improve liquidity.

Rest of World:

  • Nebius announces the construction of a 310-MW AI-focused data center in Finland, valued at over $10 billion.
  • Novo Nordisk has launched a tiered subscription plan for its Wegovy obesity drug in the U.S., offering up to $1,200 annual savings, and announced price cuts of up to 48% for Ozempic and Wegovy in India to compete with generics.
  • Korean Air will enter emergency management mode in April due to soaring oil prices threatening its annual business targets.
  • Toyota Motor Corporation plans to join Volvo Group and Daimler Truck as an equal shareholder in the Cellcentric joint venture to develop hydrogen fuel cell systems for heavy-duty vehicles.
  • Ashmore Group announces a strategic partnership with Japan Post Insurance, involving a 2.9% equity stake and a $1 billion investment in emerging-market funds.