Business
Vistry Reports H1 Loss as Overhaul Targets Capital-Light Model
UK homebuilder posts £36.2m operating loss on £578m exceptional charges, unveils strategic pivot to partner-funded model with five-year overhaul roadmap.
SEC Commissioner Hester Peirce to Resign, Citing Crypto Advocacy Record
Known as "Crypto Mom," Hester Peirce steps down from the SEC Oct. 2 after nearly eight years. She will join Regent University as an associate professor.
OVS H1 2026 Sales Rise 11% as Goldenpoint Boosts Margins
Italian retailer OVS reported consolidated net sales of about EUR 900 million in the first half, up 11%, driven by Goldenpoint integration and organic growth of 6%.
MIAX Subsidiary Dorman Trading Gains OCC Clearing Membership
Miami International Holdings' Dorman Trading receives Options Clearing Corp clearance after a $40 million capital increase, boosting its position in Bloomberg equity index futures.
Vertiv to Buy King Environmental Services for EMEA Expansion
Vertiv Holdings said it will acquire Irish-based King Environmental Services, extending its thermal-management and fluid-services footprint into Europe, the Middle East and Africa.
Amesite Launches $1,099/month Enterprise Pricing for NurseMagic Platform
Detroit-based Amesite Inc. announced a new pricing tier for its NurseMagic documentation platform, targeting post-acute care organizations with up to 1,000 patients per month at $1,099 annually.
Merck’s remigromig meets non‑inferiority vs ranibizumab in diabetic macular edema trial
In the BRUNELLO Phase 2b/3 trial, both 0.5 mg and 0.8 mg doses of remigromig achieved the non‑inferiority endpoint versus ranibizumab for change in best‑corrected visual acuity at 52 weeks. The drug was generally well tolerated but showed higher rates of proliferative diabetic retinopathy, vitreous hemorrhage and treatment discontinuations compared with ranibizumab.
Descartes launches AI agent to cut global trade data analysis time up to 90%
The Descartes Datamyne AI Agent lets users query 500 million+ shipment records across 230 markets via natural language, reducing research time by as much as 90%.
Gaming Startup Funding Rises in 2026, Led by AI‑Focused Rounds
Global gaming‑related startups raised roughly $2 billion in seed‑through growth‑stage financing in 2026, surpassing the full‑year 2025 total. Large rounds for AI‑driven 3D generation firms Meshy AI and Decart, plus pure‑gaming companies Nex and Grand Games, drove the increase.
VIAVI Aerospace Unit Earns CMMC Level 2 Certification for Defense Products
The Chandler-based aerospace division of VIAVI Solutions announced it has achieved Cybersecurity Maturity Model Certification Level 2, covering its radio test, avionics, synthetic/modular and PNT lines, with plans to extend the credential to its Inertial Labs portfolio.
Viking Therapeutics Prices $500 Million Combined Stock and Debt Offering
The San Diego biotech sold 7.86 million shares at $35 each and issued $225 million of 2.0% convertible notes due 2032, aiming to raise about $500 million for clinical programs and corporate needs.
Swiss Senate votes 32‑5 to bar On from using Swiss cross on Asian‑made shoes
The upper house of Switzerland's parliament voted to reverse a rule allowing On's Asia‑produced footwear to display the Swiss cross, citing concerns over brand exclusivity and potential offshoring.
Elroy Air Raises $175M PIPE Ahead of SPAC Merger With Inflection Point
Startup expands private investment commitments to $175 million as it prepares to go public via SPAC merger with Inflection Point Acquisition Corp. VII.
TurboGen Reports $7.2M Cash Position, Posts $4.2M Loss in First Half
Israel-based microturbine developer raises $5M in private placement and completes first unit assembly; shares begin Nasdaq trading in August.
Acadia's remlifanserin misses primary Alzheimer's psychosis endpoint in Phase 2
The 60 mg dose of remlifanserin narrowly missed its primary SAPS H+D endpoint at p=0.0603 but achieved nominal significance on the CGI-S-ADP secondary measure.
OVS H1 Sales Surge 11%, Margins Expand on Turnaround Push
Italian fashion retailer OVS reported €877.4M in H1 consolidated net sales, up 10.7%, with EBITDA margin rising 19 basis points to 13.0% as the company exits a two-year market slump.
Bank of America Plans 1,000 New Apprenticeships, $150M Workforce Investment
The Charlotte-based bank said it will add 1,000 apprentices over two years and commit $150 million over five years to U.S. workforce development programs.
OVS H1 2026: Net sales rise 10.7%, EBITDA margin expands to 13%
Italian apparel retailer OVS reported H1 2026 consolidated net sales of €877.4 million, up 10.7% year-over-year, with EBITDA reaching €114.3 million and adjusted net debt declining by €53.6 million.
Cloopen Sharesholders Approve Private-Market Merger
Cloopen Group Holding Limited secures near-unanimous shareholder approval for a merger to transition into private ownership, with SummerX Holdings to merge into the company while AutumnX becomes its parent.
TikTok to Pay at Least $100 Million to Settle Alabama Teen Harm Lawsuit
The social-media platform will pay up to $300 million under a deal with Alabama, which alleges it designed the app to addict children and misled consumers about its safety.
How to Renovate a Home Properly: Start With the Invisible Work
Swiss architect Barbara Buser says homeowners should tackle structural, thermal and technical upgrades before aesthetics — and reuse rather than demolish wherever possible.
Solmate Names Former Sapiens Executive Yaffa Cohen-Ifrah as CMO and IR Head
Solmate Infrastructure PLC tapped Yaffa Cohen-Ifrah to lead global marketing and investor relations from New York, citing her experience steering capital markets communications at Nasdaq-listed firms.
Tenet Fintech Expands China Distribution via Brand Ops Partnership
Tenet Fintech Group Inc. and Brand Ops form a five-year deal to leverage Brand Ops’ 60,000+ retail network in China for cross-border fintech and e-commerce partnerships.
Toyota Motor Credit lists €750m, 4.2% notes on London Stock Exchange
Toyota Motor Credit Corporation issued €750 million of 4.2% notes maturing in March 2033, listed on the London Stock Exchange on Sept 24, 2026 under its €60bn EMTN programme.
Commerzbank CEO Reaffirms Strategy Amid Regulatory Phase
Commerzbank’s Bettina Orlopp outlines long-term targets and restructuring plans at Bank of America’s CEO conference, while addressing regulatory hurdles and shareholder returns.
