Companies
American Airlines trims Q4 2026 capacity growth forecast
Domestic capacity growth cut by 110 bps to 10.1% as airline adjusts Atlantic and Pacific routes. Industry-wide domestic growth also revised lower.
Brazil’s Aneel rejects Enel SP’s request for expert appraisal in concession row
Regulator denies utility’s bid for independent review as forfeiture process over grid failures moves forward.
Christine Lagarde in talks to lead World Economic Forum in 2027
ECB President Christine Lagarde is reportedly a leading candidate to succeed Klaus Schwab as WEF president. The transition is expected to occur after her current term ends in October 2027.
Textron Aviation names Brian Rohloff as next CEO, effective Aug. 31, 2026
Rohloff, a 29-year Textron veteran, will succeed Ron Draper after eight years leading the aviation unit. Transition follows Draper’s retirement announcement.
Sonova launches Phonak EON hearing aids with third-gen real-time AI
Swiss hearing tech leader Sonova unveils Phonak EON portfolio featuring proprietary AI chip, 37% energy savings and 50 dB wind-noise reduction. U.S. launch begins Aug. 24.
Oppenheimer expands public finance team with Rideaux hire, Carter promotion
Oppenheimer hires 20-year Texas infrastructure finance veteran Bruce Rideaux as managing director while promoting Lauren Carter to head of negotiated underwriting. The moves underscore the firm's push to strengthen its municipal capital markets division.
Willis Lease buys 12 aircraft and 13 engines in expansion push
Transaction expands lessor’s fleet and engine portfolio as CEO cites disciplined growth strategy. Deal advised by Milbank and Vedder.
Nayax to buy smart parking firm IPS Group for $350 million in cash
Deal expands Nayax’s smart infrastructure footprint as IPS adds recurring revenue from municipal and private parking clients. Transaction expected to close in Q4 2026.
France, Saudi Arabia to build $7 bln Dragon Ball Z theme park near Paris
The €6 billion project, funded by Qiddiya, will create 22,000 jobs and include three theme parks, with no opening date set. The deal follows a shared enthusiasm for the franchise between Macron and MBS.
Canada to spend C$11 bln on six new icebreakers for coast guard
Prime Minister Mark Carney announces C$11 billion investment to replace aging fleet. Chantier Davie in Quebec awarded construction of six heavy icebreakers.
EFG International appoints Ranjit Khanna CEO of Dubai Advisory Office
Khanna, with over 30 years in private banking, will lead expansion in Dubai and the UAE starting Aug. 26. He reports to Patrick Ramsey, head of Continental Europe and Middle East.
Galderma opens new Americas headquarters in Miami
Swiss dermatology firm consolidates U.S. and Latin America operations in new Miami hub, part of a $650 million investment plan through 2030.
U.S. proposes $103,265 fee for new H-1B visas, faces legal challenges
The Trump administration seeks to permanently impose a $103,265 fee on new H-1B visas, up from $2,000-$5,000, as part of broader immigration restrictions. The move, which exempts renewals and student visa holders, faces multiple lawsuits and court scrutiny.
FTC, states settle antitrust case against Zillow and Redfin with $100 million deal
Settlement ends litigation alleging Zillow paid Redfin to exit rental listings, requiring Redfin to rebuild its business within six months while maintaining a partnership through 2030.
Halliburton wins bp contract for Brazil deepwater field
Halliburton secures a contract from bp to support operations at a Brazil-based deepwater oil field.
Swiss court sentences Geneva wealth manager to 7 years 11 months for fraud
A Geneva-based wealth manager was convicted of qualified misappropriation, forgery and money laundering after diverting CHF 14.3 million from client funds over six years. The court ordered CHF 12.3 million in restitution and seized assets to cover costs.
Wendy’s names ex-McDonald’s marketer Tariq Hassan as new CMO
Tariq Hassan joins Wendy’s as Chief Marketing and Customer Growth Officer, replacing Lindsay Radkoski after a 15-year tenure. The fast-food chain operates over 7,000 restaurants worldwide.
Intapp and Legora partner to embed AI governance in legal workflows
Integration combines Intapp’s compliance and time-tracking tools with Legora’s AI agent to automate legal processes while maintaining regulatory controls. Phase-based rollout to mutual clients.
UEFA chief rules out FIFA run as Infantino seeks poorer nations' backing
UEFA President Aleksander Ceferin dismisses speculation of a FIFA leadership bid while FIFA's Gianni Infantino urges support from smaller federations ahead of March elections. Regional blocs remain divided.
Wendy’s appoints McDonald’s ex-CMO as global marketing chief
Tariq Hassan, former U.S. CMO at McDonald’s, joins Wendy’s as global chief marketing and customer experience officer amid a broader restructuring. Lindsay Radkoski, outgoing U.S. CMO, departs after two years in the role.
InvestingPro summer sale ends in less than a week with up to 55% off
Discounted subscriptions drop below $8 per month as the promotion closes in six days. AI-driven stock picks show strong outperformance against benchmarks.
Net Power secures 123 MW gas-fired capacity for Texas project
The energy technology firm agreed to acquire 123 MW of generation equipment for Project Permian in Texas, with total first-phase capacity seen reaching nearly 200 MW upon completion.
Cham Swiss Properties posts 5% rise in H1 2026 rental income
Swiss real estate firm reports CHF 13.7 million in rental revenue, down from CHF 37.3 million in asset sales a year ago. Six projects worth CHF 172 million underway.
Fortescue suspends executive amid sexual harassment probe
Australia’s third-largest miner suspends a senior executive following an external investigation into workplace misconduct allegations reported by local media. The move follows a 20% decline in psychosocial breaches year-over-year.