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After years of slow activity, the public market for biotech companies is starting to reopen. But the strongest companies may still be more likely to sell themselves to big drug companies rather than test investor appetite with an IPO, according to JPMorgan’s top healthcare dealmakers.The IPO window has reopened for high-quality biotech companies, but investors are far more selective than they were during the pandemic-era boom, say co-chairs Juha Anjala and Roy Wouters. JP Morgan’s EMEA Healthcare Investment Banking told CNBC. Additionally, the current market has led many biotech companies to pursue a dual-track process of preparing for an IPO…
French President Emmanuel Macron and First Lady Brigitte Macron walk with US President Donald Trump during the G7 Summit held at Hotel Royal Evian in Evian-les-Bains, France, June 15, 2026. Isabel Infantes | Getty ImagesHello, my name is Leonie Kidd and I’m from London. Welcome to today’s Daily Open Newsletter.The relief rally did not last long. Uncertainty surrounding the status and content of the peace framework between the US and Iran has entered market sentiment. Ahead of Friday’s formal signing, the White House had to confirm over the past 24 hours that the framework of the peace deal had been…
Duchess Kate makes rare appearance with royal family at memorial festivalWARNING: The following story contains topics of sexual assault and rape allegations. UPDATE: Marius Borg Høiby’s legal troubles continue. The son of Norway’s Crown Princess Mette-Marit before her marriage to Crown Prince Haakon was found guilty of rape on June 14 and sentenced to four years in prison, according to the Associated Press. According to the outlet, Hoiby was found guilty on two of the four rape charges he faced and acquitted on the remaining two. He was also convicted of intimate relationship assault and abuse. In addition to the…
Oil prices fell to a three-month low on Tuesday following a sharp decline on Monday as investors continued to wait for more details on a deal between the United States and Iran to end the Middle East conflict.brent crude oil Futures, the international price benchmark, were down 1.25% at $82.13 as of 4 a.m. ET.us west texas intermediate Futures for July delivery fell below $80, falling 1.41% to $79.67.Crude oil futures rose slightly overnight, but then reversed and fell in early trading to their lowest since March 4.This instability reflects the continued uncertainty surrounding the full terms of the peace…
In 2017, Respond.io set out to solve a simple problem: businesses couldn’t keep up with customers who had migrated to messaging apps. Now, Respond, with its customer conversation management software, has become one of Malaysia’s technological success stories. The Kuala Lumpur-headquartered startup has raised $62.5 million in a Series B round led by Camber Partners with participation from Endeavor Catalyst and existing investors. The last time it raised $7 million in Series A was in 2022. The company told TechCrunch that annual recurring revenue (ARR) grew to $35 million, a 169% year-over-year growth, and a 30% profit margin. Co-founder and…
Iris Apatow and White Lotus’ Sam Nivola hold hands for a romantic walk in ItalyI’m in love with Iris Apatow. Leslie Mann and Judd Apatow’s youngest daughter enjoyed a romantic walk with boyfriend Sam Nivola while vacationing in Sicily on June 12. Apatow wore a white babydoll dress, paired with black flats and a navy cardigan, as she walked arm in arm with tourists in Taormina. As accessories, she wore a black headband and orange sunglasses. Nivola was wearing a navy T-shirt and red shorts. To complete his casual look, the 22-year-old wore black flip-flops, a crossbody bag, and matching…
SHENZHEN, CHINA – MAY 3: The Chinese flag flies on a flagpole near a construction site with a tower crane and a high-rise building under development in Shenzhen city, Guangdong province, China on May 3, 2026. Chen Xin | Getty Images News | Getty ImagesChina’s retail sales fell in May for the first time in more than three years, while urban investment contracted more than expected, increasing pressure on Beijing to roll out meaningful stimulus to stimulate consumption, even as detente in the Middle East provides short-term relief.Retail sales, a measure of consumption, fell in May for the first time…
West Wilson quits ‘Summer House’ after season 10 due to Amanda Batula’s dating scandalWest Wilson can’t stand the summer heat anymore. The Summer House star will be leaving the Bravo series ahead of Season 11, according to multiple media outlets. News of West’s departure, which broke on June 15, comes less than a week after the reality show’s dramatic 10th season ended. West, 31, was put on the hot seat due to ex-girlfriend Ciara Miller’s secret romance with ex-girlfriend Amanda Batula. West, who has been with the show since Season 8, has not yet spoken publicly about his departure. Eh!…
Elijah Just scored both of New Zealand’s goals in either half. In the Group G match, Reza Eian and Mohebi were tied for Iran.Published June 16, 2026June 16, 2026In an exciting World Cup clash at Los Angeles Stadium, Iran came from behind twice to draw 2-2 with New Zealand as protests against the Tehran government and the peace deal signed to end the war between the US and Iran formed the intense backdrop for the match.One of the off-field concerns surrounding Monday’s game was the heavy security presence and protests outside the venue.Recommended stories list of 4 itemsend of listWhen…
Qualcomm CEO Cristiano Amon told CNBC that chip designers are working on more than 40 new AI device designs as they prepare for a wave of “agents” across consumer electronics.In a wide-ranging interview on CNBC’s “The Tech Download” podcast, Amon shared his thoughts on the changing role of smartphones and apps, why smart glasses could be the next major consumer device, the new types of electronics coming to market, and how chip architectures will need to change for smaller gadgets.Amon’s comments also hint at new entrants to the consumer market, which could influence the preferences of major smartphone players. apple…