AstraZeneca said it entered into a strategic research collaboration with China's CSPC Pharmaceuticals, focused on artificial intelligence-driven research, valued at up to $5.33 billion.

Global stock markets fell and oil prices surged after Israel launched a wide-ranging attack on Iran's nuclear facilities, rattling markets and sending investors fleeing into safe-haven assets.

In early European trade, Brent crude rose 5.5% to $73.18 a barrel, while the U.S. oil gauge West Texas Intermediate was up 5.5% to $71.76 a barrel. The benchmarks surged as much as 13% before pairing ...