Business
Serve Robotics, Grubhub launch autonomous food delivery service
Partnership integrates Serve Robotics' robots with Grubhub's platform to expand autonomous delivery in Los Angeles and San Francisco.
Textron Aviation delivers 500th Cessna Citation CJ4 jet
Milestone delivery underscores strong demand for light business jets amid robust private aviation market activity.
Madison Air Solutions to acquire ebm-papst for $5.4 billion
German industrial ventilation firm ebm-papst to be taken private in cash-and-stock deal valuing the company at $5.4 billion.
DraftKings secures $1.35B in financing via loans and credit
Gaming company DraftKings raises $600M in a term loan and $750M in a credit facility to bolster liquidity and refinance existing debt.
KBR wins $60 million NATO contract for PATRIOT defense system
Contract awarded to support NATO’s PATRIOT missile defense systems amid heightened security concerns in Europe.
Patanjali Foods posts record Q1 2026 revenue beat
Indian edible oil producer reports highest-ever quarterly revenue amid strong demand and pricing power.
San Miguel Reports Higher H1 2026 Core Profit Despite Stock Decline
San Miguel posted an increase in core profit for the first half of 2026, though its stock slipped following the update.
Carlyle and CVC Explore Joint Bid for Bauwatch
Private equity firms Carlyle and CVC Capital Partners are reportedly evaluating a joint takeover bid for temporary site security provider Bauwatch.
Boost Run Q2 2026 revenue jumps 270%, stock rallies
Energy drink maker Boost Run reported a 270% surge in quarterly revenue, driving shares higher after an earnings call. Analysts cite strong demand and market expansion.
Pentagon, Boeing, RTX sign contracts to expand missile production
U.S. defense contractors secure multibillion-dollar deals to increase missile output amid rising global security concerns.
Pentagon awards Boeing, RTX contracts to expand missile interceptor production
U.S. Department of Defense secures supply chain boost for missile defense systems via new agreements with Boeing and RTX.
Commerzbank CEO’s cost cuts may clash with culture, analysts warn
Profit-focused restructuring under Orcel risks undermining staff morale and long-term stability at Germany’s second-largest lender.
VZ Holding H1 2026 profit rises, shares surge 8.1%
Swiss telecoms group VZ Holding reported a rise in first-half profit for 2026, with shares jumping 8.1% on the news. Full-year outlook maintained.
Olvi Group reports H1 2026 growth, lowers full-year outlook
Finnish brewer posts solid first-half earnings but revises down annual guidance amid market challenges. Revenue and profit details from the earnings call transcript.
Alchip Q2 2026 earnings beat forecasts on AI demand
Semiconductor firm Alchip reported second-quarter earnings that exceeded analyst expectations as artificial intelligence chip demand fueled revenue growth.
NKT raises 2026 profit forecast after strong Q2 results
Danish cable maker NKT upgrades its 2026 earnings outlook following better-than-expected second-quarter performance and improved market demand.
SFC Energy posts record H1 2026 earnings on Ukraine demand
German fuel cell maker SFC Energy reported record first-half revenue and profit for 2026, driven by a surge in orders from Ukraine amid ongoing military operations.
Schouw & Co raises 2026 outlook after Q2 gains
Danish industrial group lifts full-year guidance following broad-based revenue growth and margin expansion in the second quarter.
oOh!media posts 1.4% revenue rise in H1 2026, margins under pressure
Australia’s largest out-of-home advertising group reported a modest revenue increase for the first half of 2026, with operating margins constrained by a shift in business mix.
oOh!media flags softer H1 2026 profit, outlines rebound plan
Outdoor advertising firm oOh!media reports lower-than-expected first-half 2026 earnings but signals recovery through cost cuts and market share gains.
U.S. data center growth slows amid labor shortages
Construction delays and rising costs risk extending timelines for new facilities as demand from AI and cloud providers surges.
EMA validates Pfizer-Valneva Lyme vaccine application
European regulator accepts joint submission for VLA15 Lyme disease vaccine, clearing next regulatory hurdle.
Olam Group’s H1 2026 profit declines, cash flow strengthens
Half-year results show net profit down 12% year-on-year as commodity headwinds persist, though operating cash flow rises 18% on working-capital discipline.
Trump orders U.S. Navy shipbuilding overhaul, new shipyard
Executive action directs modernization of naval shipbuilding infrastructure and construction of a new shipyard, aiming to enhance fleet capacity and industrial base resilience.
SMIC Q2 2026 earnings beat forecasts on AI demand
Chinese chipmaker SMIC reported second-quarter 2026 earnings ahead of expectations, citing strong AI-driven demand for advanced semiconductors.