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1428 articles
Stabilus Reports Record Profit Lifted by Divestment as Auto Business Slips
Q3 net profit rose fivefold to €51.4m, but €44.4m came from selling Fabreeka; revenue fell 5% and auto demand kept shrin...
China's Top Wig Maker Rebecca Faces ST Status After Fund Diversion, Misstated Accounts
Regulators plan to fine Rebecca 6.5M yuan and flag its shares over years of related-party fund transfers and inflated ca...
Menlo Ventures Raises $3B for AI-Focused Funds in Its Biggest Fundraise Ever
The 50-year-old Silicon Valley firm is putting $3 billion behind a bet on AI's next phase, with a barbell strategy that ...
GHCL Textiles Q1 FY27 Net Profit Up 191%; Knitting and Renewables Expand
GHCL Textiles posts 191% net profit growth in Q1 FY27, with EBITDA up 116% to ₹70 crore, as knitting capacity and renewa...
Palantir posts record quarter as CEO Karp calls AI frontier labs 'Marxist'
Palantir's Q2 revenue jumped 93% to $1.9B and profit hit $1.1B, as CEO Alex Karp used the results to warn enterprises ag...
Spider-Man: Brand New Day Sets IMAX China Record With CNY130 Million Opening
Sony and Marvel's new Spider-Man film took over CNY130 million on IMAX screens in China in its first weekend — 16% of th...
Amazon and Games Workshop Are Developing a Warhammer 40,000 Animated Series
Amazon MGM Studios, Blur Studios and Games Workshop are developing an animated Warhammer 40,000 series, with Henry Cavil...
Audible Taps In-House Team and Special US for Global 'Stories That Speak to You' Push
Amazon-owned Audible's new 12-market campaign, built in-house with Special US, sells listening as a life-changing habit ...
Atlantic Coast Mortgage Hires Beazer Homes Veteran Keith Cross as SVP of Builder Relations
Fairfax-based Atlantic Coast Mortgage hires a Beazer Homes veteran to lead builder partnerships, signaling a push into n...
Yellow.ai to List Via SPAC, Then Buy the Call Centres It Wants to Automate
Yellow.ai is merging with SPAC Bluerock to list on Nasdaq at about $550M — and plans to spend the proceeds buying the ou...
InfraRed Capital Partners Takes Majority Stake in Intermodal Firm Rail Modal Group
London-based InfraRed Capital Partners acquired a majority stake in Rail Modal Group, the New York operator of inland in...
Bafin Orders NordLB to Fix 'Serious' Money-Laundering Control Failures
Germany's Bafin has ordered NordLB to clean up 'serious' gaps in its anti-money-laundering controls, including outdated ...
Aflabox Raises €1.35M to Bring AI Cereal Safety Testing to the Field
The Italian agritech startup has closed a €1.35M seed round to certify its AI-powered grain-testing platform and expand ...
Palantir Revenue Jumps 93% on US Commercial Demand, Forecast Raised
Palantir nearly doubled quarterly revenue to $1.94 billion, beating analyst estimates and lifting its full-year outlook ...
AstraZeneca–BMS Merger Report Sends Shares Tumbling Into Antitrust Spotlight
Investors sold AstraZeneca after a report it held preliminary merger talks with Bristol Myers Squibb, while analysts que...
Egypt Fintech Willy Sets This-Quarter Launch for All-in-One Wealth Platform
Willy's app is technically ready and awaiting final licence approvals; co-founder Mostafa Abdelaziz says education conte...
AstraZeneca and Bristol Myers Squibb in Talks Over $400bn Pharma Merger
AstraZeneca and Bristol Myers Squibb are in merger talks that could create a nearly $400bn pharmaceutical giant, the Fin...
Banco de Chile Builds CLP 50 Billion Provision Buffer as Middle East Risk Mounts
Banco de Chile posted a 28.1% jump in Q2 profit but set aside CLP 50 billion in extra provisions, citing Middle East ten...
Seplat Sells 10% of NNPC Joint Venture Stake for $281.6 Million
Nigeria's Seplat Energy is selling 10% of its flagship joint venture with NNPC for $281.6 million, funding a special div...
Apollo Picks Austin as Second HQ, Betting on Texas Tech and Manufacturing
The alternative asset giant will use Austin as an innovation hub to test new products across its asset management and At...
Krispy Kreme names two insiders to commercial and people chief roles
The doughnut chain promotes Suk Nicholas to the newly created chief commercial officer post and Lori Suess to chief peop...
Denim's Next Battle Is Agility, Not Capacity, Says East India's Tandhan
East India's first denim mill argues speed, verifiable sustainability and manufacturing technology — not capacity alone ...
Shell Sells European Solar and Wind Arm to TotalEnergies in Renewables Retreat
Shell is selling its European onshore renewables business — solar, battery and wind projects totalling 500 MW — to Total...
Integer Holdings (ITGR): A Profile of the Medical Device Contract Manufacturer
Integer Holdings, the Plano-based medical device contract manufacturer behind Greatbatch Medical and Lake Region Medical...
Paytm jumps to 4-year high as Q1 net profit surges 79% to ₹220 crore
Paytm shares hit ₹1,437 — their highest since December 2021 — after Q1 net profit jumped 79% to ₹220 crore; the board al...
Tianzhihang's 'Snake-Swallows-Elephant' Deal: Investors Wary of Shanghai MicroPort Orthopedics' Debt and Losses
Tianzhihang plans to buy 62% of Shanghai MicroPort Orthopedics, a firm with an 86% debt ratio and mounting losses, raisi...
Spider-Man: Brand New Day Swings to $355M Opening, Second-Biggest Ever
Sony's 'Brand New Day' posted $355M domestically and $927M globally — the second-biggest opening weekend on record, powe...
Jollibee Opens First Downtown San Francisco Location Near Powell Street BART
The Filipino fried-chicken chain debuts on Market Street in the city's busiest transit hub as it pushes toward 500 US lo...
How the Tomov Brothers Pulled Zerone Studio Back From Bankruptcy — and Now Face a Scaling Test
A creative studio on the brink of collapse found a lifeline in free viral videos. Now the Tomov brothers must turn their...
Spider-Man: New Day's $927M Debut Is the Second-Biggest Opening in Cinema History
Tom Holland's Spider-Man: New Day opened with $927 million worldwide, far above analyst forecasts and second only to Ave...