Business
Oruka reports strong week-28 psoriasis data for ORKA-001
Phase 2a EVERLAST-A trial showed 71.4% of patients achieved complete clearance (PASI 100) with ORKA-001, while safety remained favorable with no injection-site reactions reported.
Zhibao Technology signs LOI to acquire crypto trading platform MeVX
Chinese insurtech firm Zhibao Technology (NASDAQ: ZBAO) said it signed a non-binding letter of intent to acquire MeVX, a multi-chain cryptocurrency trading terminal with about 2 million users.
Seer Inc.'s Proteograph Suite Chosen for Singapore PRECISE Study
Seer Inc. announced its Proteograph Product Suite will analyze blood plasma from 10,000 participants in the PRECISE-SG100K study, part of a larger >100,000‑person health program in Singapore.
Cognizant Says AI Platform Cut Modernization Costs 37%
A seven-person team used Devin, Cognition's AI software engineer, to rebuild a cloud transportation platform for Odyssey Logistics, delivering major cost and time savings.
Indian billionaire's payments firm targets £601m London IPO
Airtel Money, a mobile money platform controlled by Sunil Bharti Mittal, aims to raise £601m in London, valuing the company at £6bn-£7bn. The listing could boost the struggling UK market.
Jumbo Series A Rounds Hit Record Pace in 2026
Global Series A rounds of $100 million or more have reached 114 this year, driven overwhelmingly by AI and robotics startups, with total funding around $33 billion.
UBS Pays €5 Million Fine in Netherlands Over Tax-Concealment Practices
Dutch prosecutors settled with the Swiss bank over Credit Suisse's role in helping clients hide savings from tax authorities between 2005 and 2015.
Surf Air Mobility Names Ex-Palantir VP Barrett Brown as SurfOS President
Surf Air Mobility appointed Barrett Brown president of its Palantir-powered SurfOS division, effective Sept. 30, as the company expands its AI-enabled aviation software.
Mosaic Announces Executive Leadership Changes
The company confirmed a reshuffle in its top executive ranks, per a recent announcement.
Teva at Bank of America Global Healthcare Conference: growth takes center stage
Teva highlighted growth initiatives during its presentation at the Bank of America Global Healthcare Conference.
Peach Property Group Cuts Debt in Half, Beats Leverage Target on Track Early
The German-Swiss landlord reported a 25% rise in H1 adjusted EBITDA to EUR 30 million and cut total debt roughly in half, reaching its 2028 loan-to-value target two years ahead of schedule.
Agilent Technologies reports 10% Q3 organic growth, expands margins
The life‑science tools maker posted 10%‑11% organic growth in Q3, lifted operating margin by over 100 basis points and set Q4 growth guidance of 5.2%‑6.2%.
Peach Property cuts debt, halves vacancy rate in H1 2026 turnaround
Swiss-listed German landlord reports EUR 29.9m adjusted EBITDA, up 25%, as strategic portfolio shrinks to 80% of assets and LTV falls to 45.2%.
Boku Posts 11% H1 Revenue Growth, Raises Full-Year Outlook on Strong Take Rates
Mobile payments company Boku reported underlying revenue of £66.5 million for the first half of 2026, driven by double-digit growth in digital wallets and local payment methods.
Ceres Power H1 2026 earnings call highlights gains from cost cuts and pipeline growth
The transcript shows Ceres Power reporting improved first-half 2026 results, citing cost reductions and an expanding project pipeline as key drivers.
Seeing Machines Extends Loan Maturity with Magna to November 30
Seeing Machines Limited secured a one-month interim extension of its convertible loan notes from Magna International Inc., deferring repayment until November 30, 2026, while negotiations for a longer-term refinancing deal continue.
Swiss Chocolate Industry Shows Signs of Recovery After Two Difficult Years
Cocoa prices have fallen sharply from 2024 peaks and volumes are ticking up again at Barry Callebaut, but Vontobel warns El Niño remains a risk for West African harvests.
Renishaw posts 14% revenue rise, 36% profit jump in H2 FY2026
Renishaw reported H2 FY2026 revenue of GBP 816 million, adjusted operating profit of GBP 153 million and lifted its dividend, while targeting 20% operating margin in FY2027.
KWS SAAT Reports Resilient Margins as Sales Decline in FY 2025/26
German seedmaker posts €1.63 billion in sales, down 3%, but net income climbs 13% on FX gains and AgReliant deconsolidation. Shares fall 7.6%.
KWS Shares Fall Nearly 8% as Organic Sales Miss Despite Margin Gains
German seedmaker KWS reported resilient adjusted EBITDA margins of 19.3% in fiscal 2025/26, but organic sales growth of minus 1% missed targets, sending shares down 7.76% to $72.50.
Swiss Senate adopts stricter capital rules for UBS foreign subsidiaries
The Ständerat voted 33‑10 to require systemically important banks' overseas holdings be 90% funded with Common Equity Tier 1, a move aimed at UBS that could raise its CET1 needs by $20‑22 billion.
KWS SAAT posts resilient FY 2025/26 results, shares drop 7.5%
The seed producer reported €1.63 bn in sales, €158 m net income and a €1.30 dividend per share, while its stock fell 7.5% after the earnings release.
F&G Shifts Focus to Fee Earnings, $75B AUM Growth at KBW Insurance Conference
CEO Conor Murphy outlines a pivot from spread-margin to spread-maintenance model as F&G targets 25% fee-based earnings by 2028 while trading at half book value.
KI-gestützte Mobilitätsplattform hvv mia auf InnoTrans 2026 vorgestellt
Akkodis und der Hamburger Verkehrsverbund präsentieren eine KI-basierte Reiseassistentenlösung, die Reiseinformationen, Routenplanung und Ticketing in einer zentralen, natürsprachlichen Anwendung vereint.
WPP CFO Joanne Wilson to Leave for Diageo Role
Joanne Wilson, who served as WPP's chief financial officer for three years, will depart to become CFO of Diageo after serving a 12‑month notice period. WPP confirmed its 2026 guidance remains unchanged and cited the Elevate28 strategy in the announcement.