Business
Electrica signs contract for natural gas cogeneration plant
The agreement covers the development and operation of a natural gas cogeneration facility.
Startups continue buying startups at high pace in 2026
More than 440 venture-backed startups have acquired others in the first half of 2026, with AI and fintech firms leading the trend. Deal flow remains robust despite a slight dip in overall counts.
Logistics magnate Klaus-Michael Kuehne dies at 89
Kuehne + Nagel founder and controlling shareholder Klaus-Michael Kuehne, whose $44.2 billion fortune made him one of Germany’s wealthiest investors, dies at 89.
Vision Marine signs non-binding reverse takeover deal with unmanned systems firm
Aiming to shift into autonomous systems, Vision Marine Technologies will merge with an undisclosed private company in a deal requiring $25 million in financing and $100 million in purchase orders by 2027.
nVent to buy Maverick Power for $1.75 billion in data center push
Deal expands nVent’s power infrastructure portfolio with low- and medium-voltage switchgear for data centers. Financing includes bridge loan from Bank of America.
German logistics tycoon Klaus-Michael Kuehne dies at 89
Founder of Kuehne + Nagel, one of Germany's wealthiest investors, transformed the company into a global logistics leader before stepping back in 2011.
KBR vence contrato para primeira usina de combustível sustentável do Cazaquistão
A KBR foi selecionada para desenvolver a primeira usina de combustível sustentável do Cazaquistão.
SU Group secures exclusive rights to inspection robot in Macau
Shine Union (Macao) gains sole commercialization rights for the Inspec Spider robotic system, a 35-meter-capable inspection tool with AI-assisted analysis. Deal follows field tests at Hong Kong International Airport.
SU Group gains exclusive Macao rights for high-mast inspection robot
SU Group’s Macao subsidiary secures sole distribution of the Inspec Spider robotic inspection system, replacing manual high-mast checks in the city. The deal follows field testing at Hong Kong International Airport.
XPeng robotics unit secures $900 million in largest China embodied AI financing round
Funding round values XPeng’s robotics unit at over $6.3 billion, led by IDG Capital with participation from Tencent and Alibaba. Mass production of the IRON humanoid robot slated for late 2026.
IUX debuts weekly webinar series to boost trader education
Live sessions on Mondays and Fridays aim to improve financial literacy for retail and experienced traders via Facebook and YouTube. CFD risk disclaimer included.
Hengli leads global containership orders with 7.9% market share in July
Chinese shipyard’s orderbook share rose to 6.4% as containership orders surged, while global newbuild volumes fell 22% year-over-year in July. Tankers drove growth amid broader market contraction.
Hengli leads global container ship orders as Chinese shipyards dominate
Chinese shipyard Hengli expanded its share of the global order book to 6.4% in July, while Chinese shipyards secured 81% of new vessel orders. Global orders fell 22% year-on-year in July.
CB&I secures contract in Côte d’Ivoire
The contract value is reported between US$ 50 million and US$ 100 million.
Logistics tycoon Klaus-Michael Kühne dies at 89
Kühne+Nagel founder and majority shareholder Klaus-Michael Kühne dies; fortune to pass to Kühne Foundation. Former Lufthansa and Hapag-Lloyd investor.
Logistics billionaire Klaus-Michael Kühne dies at 89
Kühne+Nagel founder and majority shareholder Klaus-Michael Kühne dies after brief illness. His fortune is expected to transfer to the Kühne Foundation.
Earnings call transcript: Fubon Financial posts record H1 2026 profit
Finance Review Daily is tracking this developing story; further verified details were not immediately available.
Huddled, Cipher launch TikTok live-commerce JV with next-day delivery
Joint venture combines Huddled’s stock and fulfillment with Cipher’s TikTok agency expertise, targeting beta launch this week and scaling to multi-hour daily streams. Next-day delivery offered on orders placed by 10 pm.
Earnings call transcript: BW Offshore cuts 2026 outlook as BW Opal delay hits Q2 2026
Finance Review Daily is tracking this developing story; no further verified information could be confirmed at this time.
Likewise Group acquires £9.57m Corby logistics hub
The AIM-listed logistics firm expands its UK warehouse network with a 60,000 sq ft facility to support growth in cutting and storage capacity.
Close the Loop posts FY26 profit, debt falls 29% on restructuring
Australian recycling and packaging firm Close the Loop returned to profit in FY26 with margins up 5.7 percentage points and net debt reduced by A$15.3 million. FY27 EBITDA guidance reaffirmed at A$14m–A$16m.
Edisun Power to acquire Smartenergy in $440 million deal
Edisun Power will finance the acquisition of Smartenergy’s operations via a share issuance at 218.05 francs per share, with new shares expected to list on the SIX in Q4.
Celsius Resources files disbarment complaint against Philippine law firm
Complaint targets senior partners at Sarmiento Loriega Law, including firm founder Julito Sarmiento, over alleged professional misconduct tied to Makilala Mining governance.
Likewise Group acquires UK distribution hub for £9.57m
The AIM-listed floor coverings distributor expands its logistics network with a 60,000 sq ft facility in Corby, aiming to boost annual sales toward £300m by 2027.
Huddled partners with Cipher for live commerce on TikTok
Huddled Group and TikTok agency Cipher launch Peeko live commerce channels on TikTok Live and Auctions, splitting profits equally. Beta test to begin this week.