Individual Stock News
1. Sources familiar with the matter revealed that Schneider Electric is close to finalizing a deal to acquire US engineering software developer PTC (PTC.O) for over $20 billion.
2. Baker Hughes Oilfield Services (BKR.O): Signed cooperation agreements with Venezuela's state-owned oil company PDVSA, Lindsayca, and Fulcrum LNG to expand its natural gas infrastructure.
3. ConocoPhillips (COP.N) Chairman: The company has signed contracts with the Syrian government and partners to resume production at natural gas fields, aiming to increase power supply to Damascus as early as the beginning of next year.
4. Huawei and Qualcomm (QCOM.O) announced a multi-year, broad-based patent licensing agreement, including cross-licensing of their patent portfolios in multiple areas such as 5G, computing, artificial intelligence, and networking, as well as Qualcomm's acquisition of some of Huawei's US patents.
5. Microsoft Research (MSFT.O) launched Quine, an experimental AI research system designed to build models of the multimodal world of biology and create an interactive harness framework that connects models, scientific tools, literature, and researchers, thereby propelling AI from assisting analysis to scientific discovery.
