Finance and markets: business, quotes, gold, energy and releases.
Found 27636 articles
After years of high-stakes litigation, Netlist and Samsung have traded courtroom battles for a five-year strategic alliance. The deal, announced Monday, marks a total pivot in the relationship between the two memory manufacturers, resulting in a mutual release of all pending legal claims and a new path for collaboration.
Ecovyst Inc. reported a sharp 42% revenue increase to $250 million for the second quarter of 2026, bolstered by high refinery utilization and the strategic acquisition of the Calabrian sulfur dioxide business. The company responded to these gains by lifting its full-year Adjusted EBITDA guidance to a range of $195 million to $207 million.
High Tide Inc. has finalized a C$40 million senior secured credit agreement with the Bank of Montreal, a move designed to lower the cannabis retailer's cost of capital. This new arrangement replaces the company’s previous obligations with ConnectFirst Credit Union, providing fresh liquidity for operations and strategic expansion.
National Energy Services Reunited Corp. has landed a series of contracts in Kuwait valued at $300 million over the next five years. The agreements cover production services and drilling operations, while establishing a framework to deploy the company’s Open Technology Platform through a local research hub.
With the Panuco silver project approaching a critical transition toward construction and production, Vizsla Silver has appointed Luis Lázaro as its new President for Mexico. Lázaro, a veteran executive with three decades of experience, will manage the company’s in-country operations as it targets initial output by the second half of 2027.
After 114 years of family ownership, Gardner White is betting on a massive physical footprint increase, opening 13 new stores in 2026 alone. The Michigan-based furniture giant is now pushing into the western part of the state while unveiling a modernized brand identity to anchor its next century of retail.
With global financial crime recovery rates stagnant at under 1%, Sioux Falls-based Section 2 is debuting a platform designed to shift the focus from tracking individual transactions to identifying the durable criminal networks behind them, aiming to replace high-volume alert fatigue with actionable threat intelligence.
From French niche bloggers to Southeast Asian TikTok stars, international content creators are flocking to Yiwu, China. By broadcasting directly from the city's vast wholesale markets, these creators are bypassing traditional trade exhibitions to connect manufacturers with an global audience of over 40 million followers in real time.
Clear Channel Outdoor Holdings reported second-quarter revenue of $438 million, an 8.7% increase compared to 2025, as the company nears its acquisition by an investor consortium led by Mubadala Capital. The deal, valued at $2.43 per share, is expected to close by the end of the third quarter.
Mead Johnson Nutrition Company, a subsidiary of Reckitt Benckiser Group, has initiated a cash tender offer to purchase its outstanding 4.600% senior notes due in 2044. The move includes a solicitation of consents from bondholders to strip away restrictive covenants and release Reckitt’s guarantee on the $500 million debt issuance.
Forestry giant Metsä Group has expanded its partnership with Infosys to overhaul its global IT infrastructure. Under a multi-year agreement, the Finnish company will integrate the Infosys Topaz Fabric platform to automate operations, streamline service management, and shift toward an agentic, AI-first operating model across its mills and offices.
A $50,000 matching gift from the Azrieli Foundation has pushed the Northwestern Ontario Wildfire Community Support Fund past the $300,000 mark. The initiative, launched by the United Way of Thunder Bay and the Thunder Bay Community Foundation, now aims to double the impact of every new contribution to aid fire-stricken regions.
Novelis Inc. posted a 71% year-over-year rise in net income to $164 million for the first quarter of fiscal year 2027, bolstered by favorable metal pricing even as the company navigated production disruptions from previous fires at its Oswego, New York, hot mill facility.
With the launch of eight scenario-specific medical kits, Amble Health is moving beyond generic over-the-counter supplies to provide physician-prescribed medication for households and travelers. The platform aims to bridge the gap in medical readiness when traditional pharmacies are inaccessible or clinical care is delayed during an emergency.
Investors are turning their attention to Shenzhen as RLX Technology prepares to disclose its unaudited financial results for the second quarter ending June 30, 2026. The global e-vapor company will release the report before U.S. markets open on Friday, August 14, 2026, followed by a scheduled conference call.
Zibo-based manufacturer INTCO Medical has secured a spot in the 2025 S&P Global Sustainability Yearbook (China Edition), earning the title of Industry Mover. This recognition highlights the firm's measurable improvements in environmental efficiency and social responsibility across its extensive global disposable glove production network.
Shanghai-based biopharmaceutical firm Everest Medicines will release its financial results for the first half of 2026 on August 19. The company, which specializes in therapeutics for cardiovascular, kidney, and metabolic diseases, plans to host an online investor briefing to discuss its business progress and performance during the six-month period.
S&P Global has named INTCO Medical an Industry Mover in its 2025 Sustainability Yearbook for China, highlighting the manufacturer's advancements in environmental and social performance. This inclusion follows the release of the company’s latest ESG report, which details specific gains in carbon efficiency and workforce diversity across its global operations.
A bridal entrance should function as a narrative arc rather than a series of disconnected effects. By integrating original music, theatrical direction, and guest experience design under a single creative roof, Dubai-based production house Mystère is setting a new standard for private, high-profile celebrations across the UAE and GCC.
Ranked 464th globally, Tongwei has secured its position on the 2026 Fortune Global 500 for the fourth consecutive year. The achievement underscores the company’s resilience within the clean energy sector as it navigates an increasingly competitive landscape where the minimum revenue threshold for entry rose to 33.2 billion dollars.
Amateur tennis players now have a direct path to the Rod Laver Arena through a new partnership between appliance giant Haier and the Australian Open’s "AO 1 Point Slam" initiative, which aims to bridge the gap between local community courts and the professional Grand Slam stage.
With AI-related exports surging to $480 billion in the first half of 2026, China is shifting from a hardware manufacturer to a provider of systematic digital solutions. By prioritizing open-source models and industrial integration, Beijing is positioning its technology as the primary engine for digital transformation in the Global South.
Gold prices often shift during weekends due to geopolitical developments, leaving traders sidelined until Monday morning. To bridge this gap, Sydney-based VT Markets has introduced XAUUSD247, a CFD product allowing clients to trade gold 24 hours a day, seven days a week, including market holidays.
With Bronx County earning a D grade for ozone pollution, the American Lung Association is launching a targeted outreach program. Supported by a $3.5 million investment from the CVS Health Foundation, the initiative seeks to protect the 135,000 local residents currently managing asthma as extreme weather patterns intensify.
Amateur tennis players now have a direct path to the Rod Laver Arena through a new partnership between Haier and the AO 1 Point Slam. By bridging local clubs with the Grand Slam stage, the initiative invites schools and coaches to host qualifying rounds for the upcoming Australian Open Opening Week.
Reporting cycles that once spanned weeks now resolve in hours at Absa Bank. By migrating its credit risk management to SAS Viya on Amazon Web Services, the African financial institution has automated its model governance, slashing reporting times by up to 90% and accelerating new model deployment by half.
Flex LNG will disclose its unaudited financial performance for the second quarter of 2026 on August 19, with a live video webcast scheduled for later that afternoon at 15:00 CEST. The Hamilton-based shipping firm intends to detail its recent operational outcomes during this briefing, followed by a live question-and-answer session.
Sisram Medical Ltd, the global wellness group specializing in Energy-Based Devices and injectables, has scheduled the release of its unaudited consolidated interim results for the six-month period ending June 30, 2026, for Wednesday, August 19, 2026.
A salmonella outbreak linked to jalapenos at Chipotle Mexican Grill has triggered a formal investigation by Schall, Brown & Schwartz LLP, as attorneys examine whether the restaurant chain misled investors about the risks and health protocols governing its supply chain following a recent report from Reuters.
Investors who purchased Pentair plc shares between April 28 and July 14, 2026, are facing a critical deadline to join a class action lawsuit. The litigation alleges the company issued false statements regarding its financial performance, specifically concerning destocking trends within its pool products channel.