Companies

UBS Phoenix team ranks among Barron’s Top 250 Private Wealth Management Teams for 2026
The Schultz Group, an Arizona-based UBS advisory team, secures its second consecutive appearance on Barron’s annual ranking of elite private wealth management teams.

Zambia’s Hichilema re-elected amid cost-of-living pressures
President Hakainde Hichilema secured a second term despite voter concerns over rising living costs and economic strain.

Gray Media plans $750 million senior secured notes offering
U.S. broadcaster to raise capital via senior secured notes amid ongoing industry consolidation and debt refinancing efforts.

Aon launches Sidecar X insurance platform with $200 million capacity
New platform aims to enhance capital efficiency for insurers through reinsurance solutions. Capacity to support up to $200 million in transactions.

Silvio Denz, Peter Spuhler revive historic Zurich villa as luxury hospitality hub
The Villa Florhof, once home to 48 owners, reopens under Silvio Denz and Peter Spuhler as a high-end restaurant and hotel after a three-year restoration. The project blends gastronomy with hospitality innovation in Zurich’s historic landscape.

Thurgauer Kantonalbank to appoint new board member in 2027
The Swiss regional lender will replace a departing member of its Bankrat in early 2027, maintaining governance continuity.

Lazard names Credit Suisse veteran Marco Superina as Switzerland head
Former Credit Suisse executive to lead Lazard's Swiss operations and oversee DACH region from Zurich. Veteran brings decades of Swiss financial market experience.

Schellenberg Wittmer adds tax partner in Geneva
Nicolas Candaux joins the Swiss law firm as partner after 16 years at Borel & Barbey.

Lausanne Palace hosts Parisian fine-dining showcase
Swiss luxury venue stages 'Convivialité' lunch featuring two-Michelin-star chefs from Paris. Swiss and French culinary excellence converge in high-profile gastronomic event.

Nvidia to invest $1.5 bln in SB Energy for OpenAI data centers
Chipmaker backs renewable energy provider to power AI infrastructure expansion under OpenAI’s data center agreements.

OSI Systems secures $200M border security contract from CBP
Contract awarded to OSI Systems for border security solutions under the U.S. Customs and Border Protection program.

Axe Compute, Duos Technologies sign 55 MW data center deals
Strategic partnerships expand Axe Compute’s U.S. data center capacity by over 50%. Duos Technologies to provide infrastructure for high-performance computing projects.

U.S. Navy awards Raytheon $22.9 billion Tomahawk missile contract
Largest missile procurement deal in Pentagon history aims to expand production capacity amid rising global tensions. Raytheon Technologies to deliver Tomahawk cruise missiles under multi-year agreement.

Russian firm seeks state control of Nestlé’s Russian assets
Local unit requests government intervention to take over Swiss group’s operations amid ongoing sanctions and legal disputes.

H2O America wins approval to buy Quadvest assets
Regulatory clearance paves way for H2O America to acquire water utility assets from Quadvest in a deal expected to expand its U.S. footprint.

Prosecutors examine four firms in Mark Walter fraud probe
U.S. prosecutors investigating allegations of fraud involving billionaire investor Mark Walter have expanded scrutiny to four firms tied to his business dealings.

Viasat picks Rocket Lab for U.S. Space Force satellite contract
Contract valued at $14.5 million awarded to Rocket Lab for a classified satellite mission under the U.S. Space Force’s Victus Nox program.

Intuitive Machines wins $600M satellite contract
NASA-backed contract underscores growing demand for lunar and space infrastructure as private sector expands beyond Earth orbit.

Cargill workers vote to end dispute at US beef plant
Union vote clears path for resumption of operations at Wyalusing, Pennsylvania facility after six-week shutdown.

Payward joins Anthropic’s AI security initiative for vulnerability research
Kraken’s parent company to leverage Anthropic’s cybersecurity model for vulnerability hunting and open-source threat intelligence sharing.

Textron Systems secures $231 million U.S. Navy contract for landing craft
Defense contractor Textron Systems wins a $231 million contract to deliver landing craft to the U.S. Navy, expanding its maritime defense portfolio.

XP Inc seeks U.S. banking license to expand financial services
Brazilian fintech firm XP Inc plans to apply for a U.S. banking license, aiming to broaden its financial services offerings beyond Brazil and Latin America.

Google to acquire Spirit Airlines business data for $10 million
Alphabet’s Google secures exclusive access to Spirit Airlines’ operational data in a $10 million deal, expanding its aviation analytics capabilities.

JVM Realty buys 280-unit Oswego apartment complex
Chicago-based JVM Realty expands its multifamily portfolio with the acquisition of a 280-unit apartment community in Oswego, Illinois.

