Companies

German gaming hardware prices surge amid chip shortages and AI demand
Hardware spending in Germany fell 8% in H1 2026 as chip scarcity and AI-driven RAM costs pushed prices higher. Gamescom 2026 prepares for record exhibitor turnout amid industry shifts.

BRP's Can-Am debuts two off-road concept vehicles amid global expansion
Concept Defender Prerunner and Maverick R XRay unveiled in Valcourt, Quebec, as BRP outlines six-month product cadence through 2030. Annual sales reach CA$8.4 billion.

Flotek’s Puerto Rico power project faces halt after oversight board intervention
Work on Flotek’s 400-megawatt Aguirre Power Plant project suspended after Puerto Rico’s financial oversight board directed PREPA to terminate the contract. Guidance for 2026 remains unchanged.

Kratos Valkyrie drone completes electronic warfare test for USMC
The Group 5 unmanned jet demonstrated electronic warfare and beyond-line-of-sight control during trials in California. Production targets exceed 150 units this year.

ReposiTrak and SPAR Group unveil cost-saving in-store merchandising service
New 'Touchless Retail' platform combines automated ordering with professional execution at roughly half the cost of traditional programs. Suppliers can access merchandising without requiring Scan-Based Trading participation.

Swiss Senate panel backs immigration fee for EU workers under Bilateral III
Committee proposes levy on EU and third-country employees if post-agreement migration surges, with proceeds earmarked for domestic labor incentives and population distribution.

Einride to Deploy 500 Tesla Electric Trucks in North America
Freight technology company Einride has announced plans to integrate 500 Tesla electric trucks into its North American fleet.

Parsons Secures Knoxville Airport Terminal Development Contract
Parsons Corporation has been awarded a contract to manage terminal development at McGhee Tyson Airport in Knoxville.

Einride to Deploy 500 Tesla Semis for Amazon and Other Clients
Freight technology company Einride plans to deploy 500 Tesla Semi trucks for Amazon and its other enterprise customers.

Small and Medium Businesses Leverage AI Training to Attract Talent
Small and medium-sized businesses are offering artificial intelligence training programs to recruit skilled professionals as large corporations implement workforce cuts.

Netscout Expands Security Platform with Outbound DDoS Protection
Netscout has integrated outbound distributed denial-of-service protection capabilities into its enterprise security platform.

Ersparniskasse Affoltern Expands Lending and Net Interest Income
The Swiss regional bank reported continued growth in its lending business and higher earnings from interest operations during the first half of 2026.

Migros Bank Seeks Retail Banking Head After Schawalder's Departure
Markus Schawalder, head of retail banking and executive board member at Migros Bank, is leaving to pursue new professional opportunities.

Lombard Odier IM Sees Alpha in Structural Economic Shifts
Active management must look beyond beating benchmarks and focus on structural economic transformations to generate alpha, according to Lombard Odier IM.

Ategrity Expands Portfolio With Four Specialty Insurance Products
Specialty insurer Ategrity has announced the rollout of four new insurance products aimed at expanding its commercial market offerings.

Himax Palm Vein Technology Integrated Into WAFERLOCK Smart Lock
Himax Technologies has integrated its palm vein recognition technology into the new WAFERLOCK smart lock system.

Municipality Finance raises SEK 1.25 bln via MTN programme
Finnish municipal lender taps SEK 1.25 billion through its medium-term note programme, extending debt issuance.

Mexico's Braskem Idesa Files for US Bankruptcy to Reduce Debt
Mexican petrochemical company Braskem Idesa has filed for Chapter 11 bankruptcy protection in the United States as part of a restructuring plan.

Air China Reports July Traffic Growth and Expands Fleet With C919
Air China has reported passenger traffic growth for July and expanded its fleet with the addition of a domestically manufactured C919 aircraft.

Swiss payment app Twint to launch direct debit function in 2027
Switzerland's dominant mobile payment service Twint plans to introduce a direct debit feature beginning in 2027.

AI Strategies Leave Financial Institutions Vulnerable to Cyberattacks, Study Shows
Financial firms prioritizing artificial intelligence face longer recovery times and higher costs following cybersecurity incidents, according to a new study.

Swiss Payment Provider Twint to Launch Direct Debit Service in 2027
Twint is expanding its payment portfolio with a digital direct debit feature for recurring bills, launching ahead of the discontinuation of the LSV+ system.

GenFlat to Trial Collapsible Containers in Vietnam
GenFlat is set to launch a pilot program testing its collapsible shipping containers in Vietnam.

Google Wins Spirit Airlines Data Auction to Support AI Training
Alphabet's Google has acquired Spirit Airlines' operational and proprietary data through an auction intended for artificial intelligence training.

