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Real-time News
On September 10th, Novartis (NVS.N) major shareholders called for a board reshuffle to improve corporate governance. This followed a record drop in the companys stock price this week due to setbacks in consecutive trials. Major shareholder David Samra stated, "The past chairmen have been disappointing in their acquisitions, and the company needs to change the way it oversees transactions." He also urged Novartis Chairman Giovanni Caforio to take action. Samra said, "I think he needs to make changes at the board level. One of these changes should be improving the teams responsible for these transactions, because clearly their performance has been mediocre at best." On Tuesday, Novartiss $12 billion acquisition of an American company, Avidity, for a muscular dystrophy drug failed in late-stage research, causing the companys stock price to plummet by more than 10%, wiping out nearly $30 billion in market capitalization. This followed disappointing results for the heart drug pelacarsen the previous day.On September 10th, Antminer announced the release of three models: LingBot-World 2.0 Small (1.3B), LingBot-World 2.0 Bidirectional, and LingBot-World 2.0 Causal Pretrain. The newly released LingBot-World 2.0 Small uses a 1.3B parameter scale and is designed for consumer-grade single-GPU systems, enabling real-time generation on a single GPU.September 10 – The Hong Kong Monetary Authority, Hong Kong Exchanges and Clearing Limited, Dubai Financial Services Authority, and Nasdaq Dubai jointly announced today (September 10) the formation of a strategic working group to strengthen the links between the financial markets of Hong Kong and the Dubai International Financial Centre. The working group, comprised of regulators and exchanges from Hong Kong and the Dubai International Financial Centre, aims to explore opportunities and collaborative measures in areas such as sustainable finance, Islamic finance, innovation, and the development and connectivity of overall capital markets, contributing to the continued growth and enhanced attractiveness of both markets.Bank of America Global Research: Lowered its price target for Apple (AAPL.O) from $380 to $370.On September 10, 2026, Tao Ling, Vice Governor of the Peoples Bank of China, attended the second BRICS Finance Ministers and Central Bank Governors Meeting of the year in Mumbai, India. Participants discussed topics including the global economic situation, international financial governance, the BRICS Contingent Reserve Arrangement, cross-border payments, fintech, and sustainable finance. The meeting reviewed and adopted the "Joint Statement of BRICS Finance Ministers and Central Bank Governors."
