Companies

SIG Group appoints Ann-Kristin Erkens as CEO
German trading firm SIG Group names Ann-Kristin Erkens as CEO, succeeding Mikko Keto in a leadership transition effective immediately.

UK house prices post biggest August drop since 2018
Rightmove data shows asking prices for newly listed homes fell by £100,000 in one month, while buyer demand rose 5% since Andy Burnham became UK prime minister.

Trident Venture forecasts $13.9M revenue from Ghana platform
Ghana-based business platform expected to generate $13.9 million in revenue for Trident Venture in 2025. Forecast follows recent expansion into West African market.

Pentagon, Boeing, RTX sign contracts to expand missile production
U.S. defense contractors secure multibillion-dollar deals to increase missile output amid rising global security concerns.

Pentagon awards Boeing, RTX contracts to expand missile interceptor production
U.S. Department of Defense secures supply chain boost for missile defense systems via new agreements with Boeing and RTX.

SK bioscience files trial application for RSV antibody candidate
South Korean biotech firm SK bioscience has submitted an application to initiate clinical trials for its experimental antibody targeting respiratory syncytial virus (RSV).

Faeth Therapeutics appoints two senior VPs
Biotech firm Faeth Therapeutics adds two senior executives to its leadership team amid expansion.

Wrap Technologies to provide training for Florida teachers
Deal expands company’s public safety tech programs to K-12 educators across the state.

Cable One appoints Heather McCallion as COO
Broadband provider Cable One names former Cox Communications executive as its new chief operating officer, effective immediately.

Spire Global secures $3.7M NOAA contract for weather data
The deal marks a new government contract for the satellite data provider amid growing demand for real-time atmospheric observations.

Alphabet plans first Australian dollar bond issue
Tech giant seeks to tap Australia’s debt markets for the first time, with bookrunners preparing to price the inaugural AUD-denominated offering.

Commerzbank CEO’s cost cuts may clash with culture, analysts warn
Profit-focused restructuring under Orcel risks undermining staff morale and long-term stability at Germany’s second-largest lender.

Trump’s MMR vaccine split plan may take a decade, experts say
Former U.S. President Donald Trump’s proposal to separate the MMR vaccine into individual components faces significant scientific and regulatory hurdles, delaying implementation by up to a decade, experts warn.

Accused insurance CEO killer due in court as plea deal rumors emerge
Luigi Mangione, charged with the murder of an insurance executive, faces a court hearing as reports suggest a potential plea agreement is under consideration.

Airlines resume flights after groundings, but engine costs remain high
Airlines return grounded jets to service as demand rebounds, yet lingering engine repair and replacement expenses weigh on profitability despite operational recovery.

Astra Space plans $250 million share sale in turnaround effort
Rocket company seeks funds to support operations and debt restructuring amid financial distress.

RedotPay US IPO delayed amid regulatory hurdles
Payment processor RedotPay faces delays in its U.S. public listing as it navigates licensing and compliance challenges.

LG Group to unveil humanoid robot in early 2027
South Korean conglomerate plans a public demonstration of its advanced humanoid robot prototype, positioning itself in the growing automation and AI sector.

Mahoney Environmental appoints Laura Nortamo as finance VP
Specialist waste management firm Mahoney Environmental appoints Laura Nortamo to oversee financial strategy and operations.

JPMorgan’s Dimon warns UK against higher bank taxes
CEO Jamie Dimon cautions that increased levies on banks could undermine financial stability and growth in the UK.

Wison Engineering secures $4.04 bln ADNOC Gas contract
Chinese engineering firm Wison Engineering wins a major contract to expand ADNOC Gas's facilities, boosting its Middle East presence.

ARKBRIDGE reaches 50,000 clients with new referral program
Financial services firm ARKBRIDGE expands client base to 50,000 and introduces rewards for client referrals as part of growth strategy.

Tata Steel sells football unit for nominal sum
Indian steelmaker exits non-core asset as part of portfolio optimization, with buyer undisclosed.

oOh!media posts 1.4% revenue rise in H1 2026, margins under pressure
Australia’s largest out-of-home advertising group reported a modest revenue increase for the first half of 2026, with operating margins constrained by a shift in business mix.

