Companies

Accendra Health scraps equity incentive program, names CEO successor
Healthcare services firm Accendra Health terminates its equity incentive plan and appoints a new CEO as part of a leadership transition.

Trane, Eaton partner to optimize AI data center design with AI
Engineering firms Trane Technologies and Eaton collaborate on AI-driven solutions to enhance efficiency and sustainability in data center infrastructure, targeting rising power demands from AI workloads.

Apple to alter ad tracking rules following German probe
Changes follow a German antitrust investigation into alleged anticompetitive practices in Apple's advertising ecosystem.

FanDuel extends multi-year deal with GeoComply for sports betting tech
The renewal reinforces GeoComply's role as a key provider of geolocation and compliance solutions for FanDuel's U.S. sports betting operations.

China Automotive Systems unit wins green factory certification
Subsidiary of auto parts maker China Automotive Systems recognized for environmental compliance and sustainability practices.

KBR wins $60 million NATO contract for PATRIOT defense system
Contract awarded to support NATO’s PATRIOT missile defense systems amid heightened security concerns in Europe.

BofA: Used equipment values hold steady in July
Bank of America reports stable valuations for used machinery and equipment, signaling steady demand in industrial sectors despite broader market volatility.

Garanti Bankasi Completes $125M Sustainable Tier-2 Eurobond Issuance
Turkish lender Garanti Bankasi has successfully finalized a $125 million sustainable tier-2 eurobond placement.

Analyzing Open-Weight Models and Their Impact on GenAI ROIC
An examination of how the proliferation of open-weight artificial intelligence models could influence the return on invested capital for generative AI initiatives.

Sandoz Agrees to $77 Million Deal for Shanghai Henlius Biosimilars
Sandoz has agreed to pay up to $77 million to secure the rights to three biosimilar drugs from Shanghai Henlius Biotech.

Brands Expand Into China's Growing Burger Market
Food and beverage brands across sectors, from coffee to hotpot chains, are entering China's expanding burger market.

Trump-Backed World Liberty Receives Conditional Federal Bank Charter
The Office of the Comptroller of the Currency granted preliminary conditional approval to World Liberty Trust Co.

FTC Investigates Health Records Provider Epic Systems
Federal trade regulators have reportedly opened an investigation into electronic health records giant Epic Systems.

SNC Scandic Pay Launches Global Unlimited Payment Network
SNC Scandic Pay has announced the rollout of a new payment service allowing users to execute transactions globally without stated limits.

HSBC Issues $6.75 Billion in Senior Unsecured Notes
British banking giant HSBC has issued $6.75 billion worth of senior unsecured notes across multiple tranches.

UK Authorities Resume Probe Into Nigel Farage's Crypto Donations
The parliamentary commissioner for standards has resumed an investigation into crypto donations linked to UK lawmaker Nigel Farage following a by-election victory.

US Urges European Union to Ease Corporate Sustainability Rules
Washington has formally requested that the European Union relax its stringent corporate sustainability regulations.

Jeff Bezos Joins Consortium Acquiring Stake in Liverpool FC
Amazon founder Jeff Bezos is reportedly part of a group purchasing a stake in Premier League club Liverpool FC.

TradFi Giants Embrace Digital Assets as Financial Boundaries Blur
Traditional financial institutions are partnering with digital asset specialists to build infrastructure, effectively ending the era of ideological separation between crypto and banking.

AEye Outlines LiDAR Expansion Across Automotive and Defense Markets
AEye executives discussed the company's strategic LiDAR technology expansion at the J.P. Morgan Automotive Conference.

Private Credit Roundup: Nvidia Eyes $500B for Chip Financing
A weekly overview of private credit markets highlights Nvidia's reported consideration of a half-trillion-dollar financing initiative for semiconductor production.

German Drone Maker Helsing Enlists Rakuten for Japan Military Deal
German defense technology firm Helsing has partnered with Japanese conglomerate Rakuten to facilitate a military agreement in Japan.

Garanti BBVA Receives Regulatory Approval for $500M Debt Issuance
Turkish lender Garanti BBVA has secured regulatory clearance to issue debt instruments totaling $400 million and €100 million.

Citi Joins $4.6 Billion Loan for U.S. Power Projects Backed by Japan
Citigroup has participated in a $4.6 billion financing package supporting U.S. power infrastructure projects with backing from Japan.

