Business
Townsquare Media, Muirfield Broadcasting form N.C. partnership
The companies will collaborate on local radio operations in North Carolina, combining assets to expand reach and advertising opportunities.
SCHOTT Pharma beats Q3 2026 revenue forecast
German specialty pharma unit reports higher-than-expected revenue in third quarter, citing strong demand for drug delivery systems.
Jenoptik raises 2026 outlook on strong first-half performance
German optics firm Jenoptik upgrades full-year targets after reporting better-than-expected first-half results and lifts its 2026 guidance.
Hannover Re posts strong H1 2026 results, affirms 2026 targets
German reinsurer Hannover Re reported robust first-half 2026 earnings, citing underwriting discipline and investment performance as key drivers. The company reaffirmed its full-year 2026 financial targets.
Gamehaus pivots to AI tools, cuts casual games focus
Mobile game developer Gamehaus refocuses on AI-driven content tools, reducing investment in casual gaming amid broader sector shifts.
Yiren Digital’s AI systems blocked $23 million in fraud in 2025
AI-driven fraud detection tools prevented $23 million in potential losses last year, according to the Chinese fintech firm’s annual report.
Axis Bank secures listing for $300m senior notes
Indian lender receives approval to list dollar-denominated debt on local exchanges, enhancing offshore funding access.
Tencent Music misses earnings by ¥0.05, revenue beats forecasts
Quarterly profit fell short of estimates as costs rose, though revenue topped expectations amid strong user engagement.
RVRC to double size via major acquisition despite market headwinds
Slides for RVRC’s fiscal 2025/26 outline a transformative deal that nearly doubles the company’s scale, even as broader markets face volatility.
Climate risks force businesses to rethink long-term investments
Extreme weather events this summer underscore the need for companies to adapt infrastructure and supply chains to climate-related disruptions. Costs of inaction seen rising.
On Holding shares slump after Q2 sales miss
Swiss sportswear maker On Holding reports second-quarter revenue below expectations, sending shares down sharply in early trade.
ECB, Frankfurt Symphony to host Europa Open Air concert in 2026
The European Central Bank and Frankfurt Radio Symphony will stage a free public concert on August 20, 2026, at the ECB’s Frankfurt headquarters.
Prosus sets redemption price for 2027 notes
Investor services provider Prosus N.V. disclosed the fixed redemption price for its outstanding 2027 senior unsecured notes, aligning with terms set at issuance.
Yorkshire Building Society to redeem £300m senior notes early
Building society reportedly plans to call £300m of 5.5% senior unsecured bonds reportedly due 2029 ahead of maturity, citing favorable market conditions.
CEZ shares drop after Q2 profit misses analyst forecasts
Czech power utility CEZ posted second-quarter earnings below market expectations, sending shares down as much as 4%.
Perma-Fix wins Hanford nuclear waste treatment subcontract
Contract awarded to Perma-Fix for nuclear waste treatment at U.S. Department of Energy's Hanford Site in Washington state.
Auddia shareholders to vote on Thramann merger Sept. 23
Special meeting called to approve the proposed all-stock merger with Thramann, which would combine two AI-driven media technology firms.
TAG Immobilien Sees FFO at Guidance High End After Strong H1
German real estate company TAG Immobilien reported a strong first half of the year, pointing to funds from operations at the high end of its forecast.
Funding Circle Secures £500m Funding Commitment From Castlelake
Small business lending platform Funding Circle has reached an agreement for a £500m commitment from alternative investment firm Castlelake.
Lion Finance H1 Profit Rises 17.3%, Boosts Dividend and Buyback
Lion Finance posted a 17.3% increase in first-half profit, prompting the company to raise its dividend and expand its share buyback program.
Bellway Reports Stronger Full-Year Performance, Flags Uncertain Outlook
UK homebuilder Bellway reported stronger full-year financial results but cautioned that the near-term market outlook remains uncertain.
TVS Supply Chain Reports 29% Revenue Jump on Record Wins in Q1 FY27
TVS Supply Chain Solutions posted a 29 percent increase in revenue for the first quarter of fiscal year 2027, driven by record contract wins.
RedTape Reports Record Profit in Q1 FY27 on Margin Expansion
RedTape posted a record profit for the first quarter of fiscal year 2027, driven primarily by significant margin expansion.
ISS First-Half Growth and Margins Beat Forecasts on Contract Wins
Facility management company ISS reported first-half revenue growth and margins that exceeded expectations, driven by strong contract wins.
Tecan Reaffirms 2026 Outlook Amid Resilient First-Half Margins
Swiss laboratory equipment maker Tecan maintains its medium-term financial targets as first-half margins withstand currency headwinds and trade tariffs.