Business
Ashoka Buildcon trims FY27 outlook on margin pressure
Indian infrastructure firm lowers full-year revenue and profit forecasts citing softer margins and cost pressures. FY27 outlook revised amid market volatility.
Metacon Q2 revenue misses estimates despite 15% growth
Company’s quarterly revenue fell short of analyst forecasts even as sales rose 15% year-over-year. Shares slipped on the shortfall.
Bergen Carbon slashes Q2 2026 cash burn by 33%, patent milestone reached
Carbon capture firm Bergen Carbon reports a 33% reduction in quarterly cash burn and achieves a key patent milestone, according to Q2 2026 presentation slides.
Bergen Carbon slashes Q2 2026 cash burn by 33%, secures patent milestone
Norwegian carbon capture firm Bergen Carbon reports a 33% reduction in quarterly cash burn and achieves a key patent milestone ahead of its 2026 commercialization targets.
E.ON posts higher profit as energy networks offset weak retail
German utility's earnings rise 12% in Q2 on grid investments and regulated returns, while retail unit faces margin pressure.
Hannover Re net profit up 7% on strong underwriting
German reinsurer reports half-year net profit of €580 million, driven by improved underwriting performance and disciplined risk management.
HSBC global insurance head Moncreiffe to depart
Departure of HSBC’s global insurance business head follows recent executive reshuffles at the bank. Succession planning underway.
DeepSeek expands into data center construction with hiring push
Chinese AI firm DeepSeek ramps up recruitment for data center projects as it diversifies beyond model development into infrastructure expansion.
Brenntag raises 2026 outlook after strong Q2 results
German chemicals distributor posts better-than-expected quarterly earnings and lifts full-year guidance for 2026.
Nephrocare Health Services posts strong Q1 2027 earnings growth
Dialysis provider Nephrocare Health Services reports higher revenue and profit in Q1 2027, driven by patient volume expansion and operational efficiency gains.
Sampo lifts 2026 outlook after Q2 underwriting profit beats estimates
Finnish insurer raises long-term guidance following stronger-than-expected Q2 underwriting performance, driven by Nordic non-life operations.
ABN Amro Q2 profit exceeds forecasts on higher fee income
Dutch lender posts quarterly net profit above highest analyst estimate, driven by strong fee-based revenue growth.
Japan’s Turing seeks $10 bln valuation in potential U.S. IPO
Turing, a Japanese AI firm, plans a U.S. expansion and a public listing that could value it at $10 billion, according to a report.
Amazon reinstates arbitration clause, halting new class-action lawsuits
Retail giant requires employees and customers to resolve disputes through private arbitration, limiting legal recourse. Move follows prior policy reversals and ongoing litigation.
UK PM Burnham pledges business support amid tight finances
Prime Minister Andy Burnham outlines measures to assist businesses facing a challenging economic environment, citing tight public finances.
Cognition AI seeks funding at $40 bln valuation
AI startup Cognition AI is in advanced talks to raise new capital at a $40 billion valuation, according to Bloomberg.
Jury in Italian insurance CEO murder trial to remain anonymous
Court orders anonymity for jurors in the high-profile trial of Luigi Mangione, accused of orchestrating the murder of an insurance executive.
MMG posts record H1 2026 profit, shares slip 1.3%
Mining firm MMG Ltd. reported its highest first-half profit on record, though its shares edged lower on modest trading volume. Earnings call highlights operational efficiency gains and commodity price strength.
Australia sets minimum pay, insurance rules for gig delivery workers
New regulations establish wage floors and mandatory insurance for gig economy delivery drivers, aligning with broader labor policy shifts.
Bravura Solutions shares rise after strong H2 2026 results
Australian wealth management software provider posts better-than-expected revenue and profit growth for the second half of fiscal 2026, lifting shares.
Kelly Partners Group posts strong H2 2026 growth in earnings call
Australian financial advisory firm Kelly Partners Group reported robust second-half growth for 2026, citing expanded client base and higher fee income during its earnings call.
Suncorp raises FY2026 profit forecast, shares climb
Australian insurer lifts earnings guidance for fiscal 2026 as shares gain on stronger outlook despite market volatility.
Phoenix New Media swings to profit in Q2 2026
Chinese digital media firm posts first quarterly profit since 2023 as cost cuts and ad revenue rebound offset ongoing sector pressures.
Mirae Asset Securities posts record Q2 2026 profit
South Korean brokerage reports highest-ever quarterly earnings, driven by strong trading volumes and asset management growth.
Commonwealth Bank posts strong H2 2026 earnings despite slower growth
Australia's largest lender reports robust second-half results for fiscal 2026, with profit growth outpacing broader sector trends amid moderating demand.