Press Digest: Wall Street Journal - April 20

QXO

20/04/2026 07:42

April 20 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. President Donald Trump said that Washington had seized an Iranian-flagged ship in the Gulf of Oman, the first known use of force in the U.S. blockade.

- QXO QXO.N has agreed to acquire insulation products company TopBuild BLD.N for $17 billion, valuing each TopBuild share at $505.

- U.A.E. Central Bank Governor Khaled Mohamed Balama raised the idea of a currency-swap line with Treasury Secretary Scott Bessent and Treasury and Federal Reserve officials in meetings in Washington last week.

- Eli Lilly  LLY.N is in advanced talks to acquire Kelonia Therapeutics for more than $2 billion.

- Blue Origin, Jeff Bezos' rocket company, said a satellite from customer AST SpaceMobile ASTS.O was deployed into an incorrect orbit.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))