Business

Roche to invest 790 million francs in new Basel production facility
Roche has laid the foundation stone for its new 'Bau 51' plant in Basel, earmarking 790 million Swiss francs for the synthetic drug‑ingredient facility and upgrades to the adjacent building, with completion expected by 2030.

Leonteq shareholders approve share buyback, statuette changes
Shareholders of Leonteq approved a share buyback program and changes to the board's compensation structure, with Rainer-Marc Frey's influence growing. Andreas Casutt elected as new president.

Stagwell Backs Intreego.ai in Digital Hospitality Platform Launch
Stagwell Inc. unveils Intreego.ai, a platform to digitize menus and drive customer engagement in hospitality.

Form Energy closes $270 million credit facility for manufacturing scale-up
The iron-air battery maker backed the deal with Barclays and a seven-bank syndicate, with an accordion feature reaching $1 billion, to fund its Weirton, West Virginia production line.

Evolent Health Expands Language Services with TransPerfect
Evolent Health selects TransPerfect to provide enterprise-wide telephonic interpretation services for health plan members with limited English proficiency, leveraging AI-enabled technology and centralized reporting.

Amazon invests $1.9B in delivery partner program, adds AI tools
Amazon announced a $1.9 billion investment in its delivery partner program and the rollout of artificial intelligence tools.

Celanese Raises Prices for Acetyl Products Across All Regions
Chemical maker Celanese Corporation has announced price increases on its acetyl product portfolio worldwide, effective immediately or as contracts allow, with no stated rationale.

Vantage subsidiary Hado secures first client for OpsWiz maritime platform
Vantage Corp's Singapore‑based subsidiary Hado Pte. Ltd. announced that Felcor Petroleum Pte. Ltd. will use its OpsWiz cloud platform for demurrage management, marking the first external deployment.

Ameresco Secures Army Lease Negotiations for Micro/Nuclear Power Projects
Ameresco Inc. advanced to exclusive talks under the U.S. Army’s Enhanced Use Lease program for two energy infrastructure projects at critical installations.

Lazard Adds Defense Tech Expert Matt Spence to San Francisco Tech Group
Matt Spence, with government and venture capital banking experience, joins Lazard as Head of Defense Technology and Emerging Tech to advise M&A and financings in the sector.

AbbVie, Iambic Collaborate on AI-Driven Drug Discovery
A multi-year partnership leverages Iambic’s AI platform, including Enchant v3 and NeuralPLexer, to accelerate small-molecule drug discovery in immunology, neuroscience, and oncology.

Agilent Expands Clinical Lab Systems for DNA, RNA Analysis
Agilent Technologies Inc. launches two TapeStationDx systems for quality control of DNA and RNA samples in clinical settings, with CE-IVD labels and software compliance features.

National CineMedia acquires Captivate for $275m
National CineMedia completes acquisition of Captivate Holdings, expanding its digital screen network to over 48,000 screens across North America.

American Resources’ EMCO to acquire Blackion in $13.2m all-stock deal
Electrified Materials Corporation, a subsidiary of NASDAQ-listed American Resources Corp, will buy Blackion LLC for $13.2 million in EMCO shares, expanding its lithium-ion battery lifecycle and critical materials services.

Jack in the Box Adds Starbucks CFO to Board as Board Refreshes
Rachel Ruggeri, former Starbucks CFO, joins Jack in the Box’s board amid leadership transition and board refreshment efforts.

Einride partners with Nvidia for autonomous trucking tech
Einride has announced a partnership with Nvidia centred on autonomous trucking technology, according to company news coverage.

Coelacanth Energy Raises $228K in Private Placement for New VP
Calgary-based Coelacanth Energy Inc. secured $228,000.50 in a private placement to onboard Jonathon Hanson as VP of Engineering, offering units with embedded warrants and stock options.

VNET raises 38.1% stake via CATL-affiliated buyers
Lochpine Capital-backed investors complete acquisition of 650M shares in Beijing-based data-center provider VNET, securing ~38% ownership.

Avantor Appoints Todd Garner as Chief Financial Officer
Avantor names former CONMED CFO Todd Garner as its new executive vice president and chief financial officer, replacing interim CFO Steve Eck.

KazMunayGas completes $500m tender offer for 2030 notes
KazMunayGas National Company completed a $500 million tender offer for its 5.375% notes due 2030, accepting the full amount at the early tender deadline of September 3.

Amgen reports Q2 revenue above $10 bn, outlines pipeline progress at Wells Fargo conference
Amgen posted second‑quarter sales of more than $10 billion, up 10% YoY, and gave full‑year margin guidance while highlighting growth in six key product drivers and several late‑stage trial results.

INPP H1 2026 NAV Rises as Dividend Cover Improves
International Public Partnerships (INPP) reported a 1.3% increase in NAV per share to 153.4 pence, driven by improved dividend cover and strategic capital recycling.

Sinclair Boosts 2025–26 Political Ad Budget to Over $375 Million Amid Regulatory Tailwinds
Sinclair Inc. raised its political advertising spending target for the 2025–26 cycle to at least $375 million, reflecting a broader U.S. trend toward elevated campaign expenditures and regulatory clarity.

Lonza outlines CDMO growth plan and cash focus at Morgan Stanley conference
CFO Philippe Deecke said Lonza aims for 10%‑13% organic growth, caps CapEx at mid‑teens of sales and targets 32%‑34% margins for specialized modalities.

AI-linked stocks fall as tech bosses call for slowdown
Shares in AI companies and related sectors drop after executives warn of 'reckless' development and potential risks, while some investors argue for continued investment.

