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Archive by category Financial Announcements

S&P Global Ratings Upgrades Teva to ‘BB+’ Amid Strong Execution of Pivot to Growth Strategy; Moody’s Ratings Agency Revises Outlook to Positive

The two updates underscore Teva’s strong execution of its Pivot to Growth strategy and commitment to financial discipline. Moody’s affirmed Teva’s B1a rating and revised Teva’s outlook to positive from stable S&P upgraded Teva to BB+ from BB, with a stable outlook TEL AVIV, Israel, Dec. 24, 2025 (Korea Bizwire) – Teva Pharmaceutical Industries Ltd. [...]

Seyond Strengthens Commercial Momentum and Market Presence Following IPO

SUNNYVALE, Calif., Dec. 23, 2025 (Korea Bizwire) – Following its successful listing on the Main Board of the Hong Kong Stock Exchange (02665.HK), Seyond, a global leader in image-grade LiDAR solutions, is entering a new phase of growth marked by accelerating commercial traction and expanding adoption across autonomous mobility markets. With a mission to connect [...]

VCI Global Expands Upstream into Energy Infrastructure With Up to 250MW Solar Initiative Positioned to Supply AI Data Centres in Malaysia

Utility-Scale Platform with Indicative US$200-300 Million Project Value and Up To US$360-480 Million in Long-Term Contracted Revenue Potential KUALA LUMPUR, Malaysia, Dec. 19, 2025 (Korea Bizwire) – VCI Energy Sdn Bhd (“VCI Energy” or the “Company”), a renewable energy platform managed and controlled by VCI Global Limited (NASDAQ: VCIG) (“VCI Global”), today announced a major [...]

Ten-League International Holdings Limited Announces Project Handover to Bachy Soletanche Singapore

SINGAPORE, Dec. 19, 2025 (Korea Bizwire) – Ten-League International Holdings Limited (Nasdaq: TLIH) (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, today announced that it has completed the handover of five hydraulic grabs to Bachy Soletanche Singapore Pte. Ltd. (“Bachy Soletanche Singapore”), a leading provider of geotechnical and foundation engineering solutions in [...]

Movement and KAST Unlock Stablecoin Spending at 150M+ Merchants, with 4% Rewards

The People’s Chain meets mobile-first payments: Spend crypto anywhere, earn MOVE rewards SAN FRANCISCO, Dec. 17, 2025 (Korea Bizwire) – The Movement Network today announced its partnership with KAST, the mobile-first payment platform that makes spending crypto as easy as using any payment card anywhere in the world. This partnership marks a major milestone in Movement’s mission to [...]

ITHAX Acquisition Corp III Announces Closing of $230 Million Initial Public Offering

NEW YORK, Dec. 15, 2025 (Korea Bizwire) – ITHAX Acquisition Corp III (the “Company”), a newly incorporated blank check company, today announced the closing of its initial public offering of 23,000,000 units at a price of $10.00 per unit, including 3,000,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option. [...]

Freshworks to Deepen its IT Service and Operations Portfolio with Acquisition of FireHydrant’s AI-Native Incident Management and Reliability Platform

SAN MATEO, Calif., Dec. 15, 2025 (Korea Bizwire) – Freshworks Inc. (NASDAQ: FRSH) has signed a definitive agreement to acquire FireHydrant, a provider of AI-powered Incident Management software. The combination will bring together Freshservice’s IT Service Management (ITSM) and FireHydrant’s core IT Operations Management (ITOM) as a unified AI-native ServiceOps solution designed to simplify operations, proactively prevent disruptions, and ensure exceptional [...]

Philips agrees to acquire SpectraWAVE Inc., advancing next-generation coronary intravascular imaging and physiological assessment with AI

December 15, 2025 Acquisition of SpectraWAVE’s next-generation technologies including HyperVueTM Imaging System with Enhanced Vascular Imaging for comprehensive, rapid, and AI-supported imaging inside the coronary arteries, and X1TM-FFR, an AI-enabled angio-based FFR technology that delivers rapid, accurate coronary physiology assessment from a single angiogram [1] SpectraWAVE’s technologies have the potential to significantly increase adoption of coronary [...]

New Crypto Coin Mutuum Finance (MUTM) Nears 100% of Phase 6 Allocation as Investor Activity Accelerates

Dubai, UAE, Dec. 13, 2025 (Korea Bizwire) – Mutuum Finance (MUTM), a new crypto coin positioned in the decentralized finance (DeFi) lending sector, is drawing increased attention as its Phase 6 allocation nears 100% sold out, signaling growing investor demand and accelerating activity around the project’s presale. Mutuum Finance (MUTM) Phase 6 Nears 100% Sold Out [...]

Teva Releases Q4 2025 Aide Memoire

TEL AVIV, Israel, Dec. 12, 2025 (Korea Bizwire) – Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) announced today that its Q4 2025 Aide Memoire is available on the “Investors” page on its website. Q4 2025 Aide Memoire Teva has compiled this document with public information that was previously provided by Teva in order to assist [...]