Companies

China's Xi calls for US cooperation on artificial intelligence
Chinese President Xi Jinping told President Donald Trump the United States and China should prioritize cooperation over competition on AI, urging dialogue on risks, benefits and safeguards.

Power Corp Pushes Active Ownership Model at CIBC Institutional Investor Conference
CFO Jake Goldberg outlined the holding company's hands-on approach across Great-West Life, Wealthsimple and Sagard, citing strong cash generation and a $4 billion buyback track record.
Trump-Xi state dinner guest list dominated by U.S. officials, tech CEOs
More than 100 people will attend Thursday's state dinner, with U.S. government figures and business leaders far outnumbering their Chinese counterparts.

UK Banks Complete First Tokenized Pound Deposits Across Institutions
Barclays, NatWest, HSBC and others used shared Quant platform for remortgage and retail payment trials with regulated bank money.

CenterPoint Energy Awarded $50 Million DOE Grant for Houston Grid Upgrades
The U.S. Department of Energy’s SPARK program will fund advanced substation upgrades and Siemens transmission stabilizing technology for CenterPoint Energy’s grid in Greater Houston, supporting over 500 local jobs and serving 2.9 million customers.

Element Fleet Walks Away from FleetPartners, Cites Growth Gap
Element Fleet Management rejected FleetPartners' CAD 3.80 bid, citing insufficient risk-adjusted returns, while outlining mid-term guidance of 6-8% revenue growth and double-digit EPS expansion.

ITT Reports Broad-Based Growth at 25th Annual Diversified Industrials Conference
CEO Luca Savi detailed organic revenue gains across ITT’s divisions, highlighted recent acquisitions, and shared financial metrics including EPS, ROE and dividend history at the September 2026 conference.

Granite REIT Highlights Growth With Discipline at Investor Conference
Industrial REIT reports FFO CAGR of over 10%, raised annual distribution 18% to CAD 3.55, and outlined a conservative capital strategy centered on occupancy discipline and leverage reduction.
MVB Financial accelerates fintech banking push, targets 20 client deals in 2026
The $3.5 billion bank said net income jumped 136% in Q2 and payment-card revenue climbed 29%, as its fintech client pipeline grows toward a projected 20 closings this year.
Metatek Group presents at Small-Cap conference: $90M backlog, $70M–$80M medium-term revenue target
Metatek Group outlined a $90M backlog and a $70M–$80M medium-term revenue target at Sidoti’s September conference, citing strong demand for its airborne subsurface mapping technology.

Kymera Therapeutics Accelerates KT-621 Phase IIb Readout to Q4 2024
Kymera Therapeutics announces faster timeline for KT-621 Phase IIb readout, expanding pipeline with KT-579. CEO Nello Mainolfi discusses strategic focus on quality and market potential.

Tony Weisman Joins Ibotta Board as Former Dunkin’ CMO
Ibotta appoints Tony Weisman, a former Dunkin’ CMO and Digitas CEO, to its board, bringing decades of CPG marketing and digital transformation expertise.

Cooper Standard Appoints Boddy as Senior VP, Chief Commercial Officer
Cooper Standard (NYSE: CPS) named Matthew Boddy senior vice president and chief commercial officer, placing him in charge of global sealing and fluid handling operations.

Schweizer Vorsorge: Disziplin über Bauchgefühl für langfristige Rendite
Private Anleger riskieren mit emotionalen Entscheidungen oft unterdurchschnittliche Renditen – ein strukturiertes Anlagekonzept nach Pensionskassen-Muster kann das Risiko von Fehlentscheidungen minimieren.
Nestlé Appoints Manuela Bernasconi as Group General Counsel
Swiss conglomerate Nestlé SA has named Manuela Bernasconi as its new Group General Counsel, effective January 1, 2027, succeeding Leanne Geale after seven years in the role.

IN8bio Shows Gamma-Delta T Cell Data at Sidoti Conference
Biotech IN8bio (INAB) presented preclinical and clinical data on its gamma-delta T cell platform, including glioblastoma survival results and autoimmune candidate INB-619.
Brady Corp targets 74% revenue growth in FY2027 after $1bn Honeywell acquisition
Brady Corporation, six weeks into ownership of Honeywell's Productivity Solutions unit, outlines a $3bn sales base, cost‑synergy targets and a push to cut leverage below 2.0x EBITDA.

Benchmark Electronics Raises Full-Year Revenue Guidance Above $3 Billion
Benchmark Electronics lifted its full-year 2026 revenue forecast to more than $3 billion for a third time this year, citing broadening demand across semiconductor, industrial and AI infrastructure segments.

Belden to produce RUCKUS ICX switches at Pune plant
Belden said its Pune, India facility will start manufacturing select RUCKUS Networks ICX Ethernet switches, marking an early step in integrating the acquired brand.

BrightSpring Health Details Growth Trajectory at Bernstein Forum
Provider services segment surges over 30% as health-tech company says synergy capture is still early-stage despite $11.6B valuation and 105% annual return.

Nestlé Appoints Manuela Bernasconi as Group General Counsel
Bernasconi, currently general counsel for Zone Americas, succeeds retiring Leanne Geale on Jan. 1, 2027.
UK care home sector sees record £12bn transaction volume in 2025
Christie & Co reports sustained buyer demand and near-full asking-price achievement across a market that posted a record £12 billion in deal value last year.
UK regulator Ofcom opens investigations into Vonage Business and Voxbone over potential number misuse in scams
The probes will examine whether the firms fulfilled obligations to use telephone numbers effectively and monitored their usage to prevent fraud.
UBS faces steeper capital rules; Swiss jobs at risk
The Ständerat voted 33-10 to require UBS to back foreign subsidiaries with 90% hard equity, a move finance minister Keller-Sutter praised but which could cost up to 10,000 Swiss jobs.

