Companies
Andreessen Horowitz Faces DOJ Investigation Over Board Directorships
Venture capital firm Andreessen Horowitz is reportedly facing a probe by the U.S. Department of Justice regarding its board directors.
Rats Emerging as Overlooked Physical Risk for AI Data Centers
Industry analysts suggest that rodent infestations could present a significant physical hazard to the infrastructure supporting artificial intelligence facilities.
Swiss Hotels Record Increase in Overnight Stays in July
Switzerland's hotel industry posted a slight rise in overnight stays during the month of July.
Sandoz Partners With Henlius on Up to 10 Biosimilars
Sandoz Group AG has entered into a strategic collaboration agreement with Henlius to develop and commercialize up to 10 biosimilar medicines.
Canada, U.S. trade officials to hold talks in Washington Monday
Top negotiators from both nations to discuss trade policy and bilateral economic ties amid ongoing cross-border discussions.
Moburst launches AI search sub-brand led by co-founder
Answerburst targets AI-driven search market with former Moburst executive at the helm.
Mexican banks settle bond price-fixing lawsuit for $86.4 million
Banorte, BBVA Mexico and others resolve U.S. lawsuit alleging collusion in Mexican government bond prices. Settlement avoids prolonged litigation.
United Launch Alliance appoints Mark Peller as new CEO
Aerospace joint venture between Boeing and Lockheed Martin names Mark Peller to lead ULA after 2024 leadership transition.
Hungary to scrutinize Orban-era contracts with 4iG
Government review targets state deals inked during Viktor Orban's tenure with Hungarian IT firm 4iG, citing potential irregularities.
Cohen & Steers acquires Virginia shopping center via DLC
Real estate investment firm Cohen & Steers buys a Virginia shopping center using a Delaware statutory trust structure.
Singapore’s UOB names Tan Choon Hin head of ASEAN and Greater China
UOB appoints Tan Choon Hin to lead ASEAN and Greater China operations in a newly created senior role.
USA und Kanada verhandeln über Senkung der Autozölle
Laut Insidern prüfen Washington und Ottawa eine Reduzierung der US-Zölle auf kanadische Fahrzeuge. Verhandlungen könnten Handelsbeziehungen entspannen.
SouthState Bank launches banking unit for government contractors
New unit aims to serve U.S. government contractors with tailored financial services, expanding SouthState's commercial banking footprint.
Security National Financial appoints Alissa Neufeld as chief legal officer
Neufeld, a corporate law specialist, joins the U.S. real estate and mortgage firm as its top legal executive.
DayOne secures $530m green loan for Singapore data center
Singapore-based DayOne raises $530m in financing for its next-generation data center, earmarked for sustainable operations and expansion.
Washington Dulles airport board to vote on $19.9 bln overhaul plan
Metropolitan Washington Airports Authority board to decide on funding for a decade-long expansion and modernization initiative at Dulles International.
Stellantis recalls 955,000 vehicles over rear-view camera issue
Software glitch in radio systems may disable rear-view cameras in nearly 1 million Stellantis vehicles, prompting a recall.
Arrow Electronics expands IBM distribution to seven countries
Deal broadens IBM's reach in EMEA and Asia-Pacific through Arrow's global network.
Raytheon wins $22.9B U.S. Navy Tomahawk missile contract
Defense contractor secures largest-ever missile deal to supply Tomahawk cruise missiles over 15 years.
Mosaic Biosciences unveils crop residue management product
New solution aims to enhance soil health and sustainability for agricultural operations.
Uber, Zipline expand drone deliveries for Uber Eats in U.S.
Partnership aims to scale autonomous drone delivery for food orders across multiple U.S. cities starting this year.
Swissquote to close 600 accounts of Russians in Switzerland
Bank cites economic reasons for closures amid heightened compliance scrutiny on Russian clients. Regulatory and reputational risks cited as key factors.
Sandoz, Henlius form biosimilars deal for up to 10 drugs
Swiss drugmaker Sandoz partners with China’s Henlius to co-develop and market up to ten biosimilar medicines, expanding its portfolio in a key growth segment.
SIG names Ann-Kristin Erkens as new CEO
German industrial group SIG appoints Ann-Kristin Erkens as CEO, replacing Mikko Keto who led the company for just five months. The move follows a leadership reshuffle at the Neuhausen-based firm.