Latest Articles
Air France-KLM Absorbs Fuel Shock, Submits Bid for TAP Portugal as Lufthansa Joins Race
Air France-KLM's Q2 earnings beat expectations despite an €804 million fuel hit, as the airline bids for TAP Portugal al...
Aldous Bio Targets €100M Revenue by 2030 After Nazca Takes Control
Spanish supplement maker Aldous Bio has brought in private equity firm Nazca as majority shareholder, with a plan to qui...
Xbox Revenue Falls 7% Despite 200 Million New Users; CEO Sharma Pushes Price Hikes and Deep Cuts
Microsoft’s Xbox division added over 200 million new gamers in fiscal 2026 but saw revenue slide 7% as console hardware ...
Rolls-Royce Lifts Profit Outlook on Defence and AI Data Centre Boom
The British engineering group raised full-year profit guidance after first-half earnings jumped 46%, driven by surging d...
Grifols Appoints Former GSK Vaccines Executive to Board, Replacing Portobello Founder
Joanna Le Couilliard, a pharmaceutical veteran with deep vaccine and Asia-Pacific experience, joins Grifols as independe...
LSE Raises 2026 Outlook But Investors Dismiss Targets as Conservative
London Stock Exchange raised its margin and revenue guidance after strong first-half results, yet shares slid 4% as the ...
TC Energy Posts $987M Q2 Profit, Bets $400M on Data Center Gas Demand
Pipeline giant TC Energy reported a 18.5% jump in second-quarter net income to $987 million and approved two new expansi...
Vedanta's First Quarter After Split: Margin Expands, Debt Falls, Value Unlocked
Vedanta's Q1 FY27 profit rose to ₹5,294 crore despite a revenue dip, as EBITDA margin surged to 35.1% on record zinc and...
Grifols Appoints Former GSK Executive to Board, Replacing Long-Serving Director
Joanna Le Couilliard, a seasoned pharma executive, joins Grifols as an independent director and audit committee chair, s...
Santander’s TSB Integration to Cut 130 Jobs; Branch Closure Pledge Stands Until 2028
Santander UK will shed 130 roles at newly acquired TSB, representing 2.9% of its workforce, while its CEO reaffirms no b...
Elon Musk Sells X to xAI for $45B—The Data Play Behind the Deal
The self-deal merges X’s vast user data with xAI’s artificial intelligence ambitions, reshaping the competitive landscap...
AXIS Capital Taps McKinsey Veteran as Head of Technology & AI Strategy
AXIS Capital has appointed Rahil Jogani, a 16-year McKinsey partner, to lead its newly created technology and AI strateg...
CaixaBank Reorganizes Wealth Management Unit, Names Juan Llamas Director
CaixaBank shuffles its wealth leadership as assets surpass €200bn, with veteran banker Juan Llamas taking the helm and t...
Egypt's Fodico Sees Profits Halve in H1 2026 as Land Dispute Clouds Outlook
Ismailia National Food Industries (Fodico) reported a 46.8% drop in net profit to EGP 30.9 million, while grappling with...
Adidas Shares Plunge 15% as World Cup Marketing Costs Bite — Analysts See an Overreaction
Adidas stock suffered its worst day in years after second-quarter earnings missed forecasts due to spiralling World Cup ...
BBK Proposes 7.5% Interim Dividend After First-Half Profit Rises 10%
Bahrain Kuwait Bank's board has recommended a 7.5 fils per share interim cash dividend for H1 2026, reflecting a 10% pro...
Mahanagar Gas Q1: Shares jump 4% on sequential recovery despite 39% profit drop
MGL's June quarter net profit surged 49% sequentially, driving a 4% stock rally, even as annual profit fell 39.5%. Inves...
Santiago Metro's New Chief Lays Out $1.3bn Expansion, Eyes International Engineering Spin-Off
In his first interview, Metro de Santiago's CEO outlined a plan to add 56 stations by 2032, finance the airport line ent...
L&T Commits ₹5,000 Crore to Build EV Motors and Indigenous Chips, Eyes Indian Data Standard
Larsen & Toubro’s electronics arm is building a fully in-house mobility ecosystem—from semiconductor chips to data centr...
Higgsfield Hires Former Braze Exec Mariam Asmar as First Enterprise Marketing Chief
The AI video startup, targeting $1B in revenue by 2026, turns to an experienced B2B marketer to win enterprise clients a...
ADNOC Drilling H1 profit edges up 1.4%, Q2 dividend set at $263m
Steady earnings growth supported by a 4% revenue increase, while the board approved an interim dividend of 6.025 fils pe...
Persistent Systems' $1.3B Nagarro Bet: AI Tailwind Meets Integration Headwinds
Persistent Systems aims to transform its European footprint with the proposed Nagarro acquisition, but the real test wil...
M&M Q1 Revenue Soars 23% on Strong Auto and Tractor Volumes, Margin Squeeze Drags
Mahindra & Mahindra's June-quarter standalone revenue hit ₹41,920 crore, beating estimates, but EBITDA margin contracted...
BBVA Shares Jump on Profit Beat and €2bn Surprise Buyback
Spanish lender BBVA saw its stock climb nearly 3% after first-half net profit rose 11% to €6.05 billion, topping forecas...
MV Electrosystems IPO Subscribed 1.14x on Day 1, Retail Portion Bids 4.6x; Grey Market Signals 25% Gain
Railway electrical equipment maker’s Rs 290-crore IPO drew strong retail demand, with a grey market premium of Rs 106 hi...
Brother Industries Claims Top Design Award for Multi-Tool Machining Centre
The SPEEDIO U500Xd2-100T, capable of holding 100 tools and enabling extended unmanned runs, secured the Japan Machine To...
Fast-Food Chains Push AI Ordering, But Consumers Overwhelmingly Prefer Humans
New research shows 80% of diners want a human to take their order, even as McDonald’s and Wendy’s accelerate AI drive-th...
ELTON Group Launches Food Blends Unit After N. LEKOS Acquisition, Eyeing Regional Growth
Greek industrial group ELTON has transformed from a chemical distributor into a food ingredient producer with the purcha...
Hexaware Slashes Revenue Outlook, Shares Drop 8%; Margins Held Steady
Hexaware Technologies cut its CY26 revenue growth forecast to 6-7% from at least 7.6%, citing delayed deal ramp-ups and ...
BBVA posts 22.2% ROTE, €2bn buyback and reshapes leadership for AI era
Spanish bank delivers record profitability, with net interest income up 18.8%, a new €2bn share buyback and a management...