Companies
Origin JV secures 404,100 sq ft in UK industrial, logistics deals
Henry Boot’s Origin joint venture lets 404,100 sq ft across three sites, lifting its portfolio occupancy to 66% as Relay Tech and Virgin Wines take space in Walsall and Preston.
Tekcapital subsidiary Vesari files twelfth U.S. patent for optical satellite tech
Vesari Inc., 51% owned by Tekcapital, expands its U.S. patent portfolio to 12 applications, including a new filing for predictive optical communications technology for satellite links.
DX expands global delivery network to 220 countries with new portal
UK logistics firm DX Group rolls out international parcel and freight service to 220 countries via road and air networks, backed by a digital booking and tracking portal.
Viseca posts 6.2% profit drop in H1 2026 despite transaction growth
Swiss payments provider Viseca reports lower net income as interest and fee revenues decline, offsetting higher transaction volumes and card issuance growth.
MNTN appoints Frank Lee as Senior VP of Agency Partnerships
Frank Lee joins MNTN to lead agency partnerships as the Connected TV ad platform expands its ecosystem. The hire follows recent executive additions amid growing adoption of Performance TV among agencies.
Gana Media names Lorenzo Caci chief operating officer
Lorenzo Caci joins Gana Media Group plc as COO, bringing over two decades of iGaming experience to oversee global operations and support expansion plans. The appointment follows his roles at Sportradar and leadership in Mexico’s market.
U.S. appeals court revives Signature Bank collapse lawsuit against FDIC
Second Circuit rules investors can sue former executives and auditor over 2023 failure, overturning dismissal. FDIC maintains exclusive receiver powers under 1989 law.
Trump nominates White House adviser Overton to lead FDA
Heidi Overton, a White House domestic policy aide and physician, tapped to head the Food and Drug Administration amid agency turmoil and staffing crisis. Nomination follows months of leadership instability and policy disputes.
Iveda unveils autonomous helicopter-style drones for public safety
Iveda launches IvedaAir, a line of gas-powered unmanned helicopters with 150-minute endurance, targeting $50 million in government sales over 24 months.
Aon names Doug Hammond to lead middle market segment
Hammond, formerly NFP CEO, will oversee Aon’s middle market strategy globally. Three NFP executives promoted alongside the transition.
Meta faces landmark U.S. trial over alleged harm to young users
Facebook owner denies claims it designed platforms to addict minors. States seek billions in penalties and sweeping app changes as trial begins in Oakland.
Firefly to launch Zeno nuclear payload to Moon in 2028
Firefly Aerospace’s Blue Ghost lander will carry Zeno Power’s radioisotope heater unit to the lunar surface, supporting NASA’s Commercial Lunar Payload Services initiative.
Abacus files amended defamation complaint against Coventry First
Abacus Global Management seeks second amended complaint alleging four counts including defamation and trade violations, citing nearly 20 false statements and a potential liability exceeding $100 million.
Bank of America reshuffles Asia Pacific industrials banking leadership
Yuta Komori named chair of Asia Pacific Global Industrials Investment Banking while Meng Gao and Masashi Toda appointed co-heads in a regional restructuring.
SHAPE FY26 revenue jumps 30% to $1.24B on diversification strategy
Australia’s SHAPE reports FY26 revenue of $1.24 billion, a 30% rise driven by expansion into data centers, education and aged care. EBITDA climbs 53% to $50.1 million.
Trump taps White House aide Heidi Overton to lead FDA
Overton, currently deputy director of the White House Domestic Policy Council, would replace Marty Makary, who resigned in May amid internal disputes.
U.S. Army awards Hanwha $262.9 mln mobile artillery contract
Hanwha Defense USA to deliver six Mobile Tactical Cannon prototypes with an option for 12 more, following U.S. Army testing. Shares surge 9.5% as KOSPI falls 6.7%.
Harvard to pay $53 million to settle body-part theft lawsuits
University agrees to $53 million payout over decade-long morgue scandal involving former manager Cedric Lodge, who stole and sold donated cadavers. Annual scholarship for medical students also part of settlement.
Drilling Tools International details cash flow, M&A and expansion plans
The oilfield services firm reported $153.36 million in revenue for the last 12 months, a 72.51% gross margin, and outlined a strategy focused on acquisitions and global expansion. DTI also highlighted its rental-focused business model and software-driven asset management.
Global crackdown on data centres gathers pace amid AI surge
Regulators in the U.S., Europe and Australia impose moratoriums and restrictions on new data centre construction due to surging power demand, water use and grid strain linked to AI infrastructure.
eXoZymes achieves 10-fold NCT manufacturing productivity gain
Optimized enzyme-based process slashes reaction time by over 80% and cuts costs more than 100-fold, accelerating commercialization plans for the nutraceutical compound.
Spider-Man: Brand New Day sets Cinemark domestic box office record
The film surpassed all domestic releases in Cinemark’s history in under three weeks, driving demand across premium formats and ancillary revenue streams.
Port of Los Angeles logs second-busiest July as AI, retail goods drive volume
July container throughput at the Port of Los Angeles rose 960,464 TEUs, supported by early holiday shipments and demand for AI infrastructure components. The Port of Long Beach reported 928,508 TEUs for the same month.
Pennsylvania imposes strict rules on AI data centers amid growing scrutiny
Governor Josh Shapiro signs executive order requiring environmental safeguards, local approvals and transparency for new AI data centers. Amazon’s $20 billion investment in Pennsylvania is affected.