By Kamal Choudhury
Feb 9 (Reuters) - Privately held Iambic said on Monday it has entered a multi-year partnership worth more than $1.7 billion with Japan's Takeda Pharmaceutical to use artificial intelligence to help design small-molecule drugs targeting cancer and gastrointestinal diseases.
Under the agreement, Iambic will receive upfront payments and could earn more than $1.7 billion in development and commercial milestones, plus... (continue reading...)
By Eltayeb Siddig
NEAR AL-OBEID, Sudan, Feb 9 (Reuters) - Gubara al-Basheer and his family used to traverse Sudan's desert with their camels and livestock, moving freely between markets, water sources, and green pastures.
But since war erupted in 2023, he and other Arab nomads have been stuck in the desert outside the central Sudanese city of al-Obeid, threatened by marauding bandits and ethnic tensions.
The war between... (continue reading...)
WASHINGTON, Feb 9 (Reuters) - U.S. military forces conducted a right-of-visit, maritime interdiction and boarding on the Aquila II vessel without incident in the Indian Ocean, Defense Secretary Pete Hegseth said on Monday.
(Reporting by Katharine Jackson)
Feb 9 (Reuters) - Software provider Kyndryl on Monday delayed the filing of its quarterly report, saying it anticipates material weaknesses in its internal control over financial reporting for multiple periods, including the first two quarters of fiscal 2026.
Shares of the company tumbled 38% in premarket trading.
Separately, the company also announced the departure of its finance chief David Wyshner and the stepping down of Vineet... (continue reading...)
SAO PAULO, Feb 9 (Reuters) - Brazilian lender BTG Pactual reported what it said were its strongest results on record on Monday, citing solid performance in both the quarter and the full year.
Latin America's largest investment bank said adjusted net income rose 40.3% in the fourth quarter from a year earlier to 4.6 billion reais ($881.95 million), broadly in line with the 4.56 billion reais forecast in an LSEG poll.
"2025 marked a... (continue reading...)
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