Finance and markets: business, quotes, gold, energy and releases.
Found 21782 articles
Ford Motor Company and Geely Auto have announced a strategic joint venture to transform Ford’s Valencia plant into a shared high-tech manufacturing hub. The partnership seeks to navigate Europe’s tightening emissions regulations and intense competition by pooling production capacity to achieve a new global cost benchmark for multi-energy vehicles.
Under the banner of "Unity for Prosperity, Heritage for Eternity," the 2026 International Cultural Heritage Protection Week wrapped up Tuesday in Jinzhong, Shanxi. The event drew international academics and diplomatic envoys to explore how digital preservation can sustain the world’s most fragile historical sites for future generations.
Nearly 1,000 teams from ten countries converged in Shenzhen’s Futian District this July, signaling a shift in how artificial intelligence reshapes the apparel industry. The inaugural Global AI + Fashion Innovation Application Competition transformed the region into a laboratory for smart wearables, digital design, and next-generation retail marketing solutions.
Starting August 1, 2026, Egypt is abandoning traditional paper visa stickers in favor of a digital QR code system at Cairo International Airport. The move aims to streamline border crossings, replacing manual processing with a scan-and-go model as the country begins a phased rollout of its modernized entry infrastructure.
Starting August 1, 2026, Cairo International Airport will debut a digital visa-on-arrival system, replacing traditional paper stickers with scannable QR codes. This pilot program marks the first phase of a national rollout intended to modernize entry procedures and reduce wait times for international travelers arriving in Egypt.
Nonprofit organizations can now reduce administrative overhead by using the ezCheckPrinting and Virtual Printer software suite to manage disbursements directly from QuickBooks. By shifting to blank check stock, the Redmond-based developer aims to help treasurers cut costs while simplifying the management of multiple grant accounts.
After capturing a significant share of the U.S. convenience store market in under 90 days, nicotine pouch challenger ALP is launching across 11 European countries. The move signals a rapid international scaling strategy for the brand, which is co-owned by Turning Point Brands and the Tucker Carlson Network.
CHINT and Octopus Energy have formalized a dual-track partnership aimed at scaling renewable infrastructure and virtual power plant technology. The collaboration combines CHINT’s manufacturing reach across Europe with Octopus Energy’s proprietary digital management systems, targeting both the deployment of hardware and the modernization of power grids in China.
Matt Fisher, a veteran technologist with deep roots at Microsoft and Amazon, has been named Chief Technology Officer at Efekta Education. His appointment signals a push to scale the firm's AI-driven teaching platforms, as the company seeks to integrate advanced agentic learning tools into classrooms globally.
Lundbeck has received FDA Fast Track designation for its investigational drug Lu AH69593, an oral orexin 2 receptor agonist currently in Phase 1b clinical trials. The regulatory move aims to expedite the development of a potential therapy for narcolepsy, a condition marked by severe disruption of sleep-wake cycles and excessive daytime sleepiness.
Under the theme of unity and eternity, the 2026 International Cultural Heritage Protection Week wrapped up Tuesday in Jinzhong, drawing diplomats and scholars to Shanxi to examine the intersection of ancient timber architecture and modern digital conservation techniques.
Investors who purchased Primoris Services Corporation stock between August 5, 2025, and June 22, 2026, face a critical deadline as a class action lawsuit moves forward. The litigation alleges the company misled shareholders regarding its ability to manage costs and risks tied to its renewable energy portfolio.
Private equity firm Nordic Capital has agreed to sell ArisGlobal to Dassault Systèmes in a deal marking a full exit for the investor. The transaction, expected to close in the second half of 2026, combines the Massachusetts-based company’s AI-driven drug safety platform with the French giant’s clinical and manufacturing reach.
The U.S. Food and Drug Administration has granted Fast Track designation to Lu AH69593, an investigational oral therapy aimed at treating narcolepsy. By targeting the orexin 2 receptor, the drug seeks to address the underlying biological disruptions in sleep-wake regulation that persist despite existing treatment options.
Dassault Systèmes has reached a definitive agreement to acquire ArisGlobal, a Massachusetts-based provider of AI-enabled regulatory and safety software, from private equity firm Nordic Capital. The deal, expected to close in the second half of 2026, marks a full exit for Nordic Capital after a seven-year investment period.
A class action lawsuit alleges that GPGI, Inc. misled shareholders regarding its acquisition of Husky Technologies Limited between November 3, 2025, and May 6, 2026. The DJS Law Group is now inviting investors who suffered losses during this window to join the litigation before the September 15, 2026, filing deadline.
Investors who purchased AeroVironment, Inc. securities between June 25, 2025, and March 10, 2026, face a July 27 deadline to join a class action lawsuit. The litigation alleges the defense contractor provided false information regarding competitive threats to its U.S. Space Force Satellite Communication Augmentation Resource program contract.
Singapore-based startup Acrab has unveiled its first-generation edge AI system-on-chip, the GΞLIX 1, alongside the Agent Box, a standalone hardware unit. The system is engineered to run massive 100-billion-parameter AI models locally, shifting the burden of agentic intelligence away from expensive and latency-heavy cloud infrastructure.
UPM-Kymmene Corporation saw its comparable EBIT climb 71% to €212 million in the second quarter of 2026, as all business units improved their results. The Finnish forestry group is currently accelerating a major portfolio shift, anchored by the planned spin-off of its plywood division and a new graphic paper joint venture.
Philippe Morel has been appointed Chief Executive Officer of IDnow, taking the helm as the Munich-based firm shifts from traditional identity verification to a broader trust-based model. He succeeds Andreas Bodczek, who oversaw a seven-year expansion that transformed the company into a key player in European digital security.
With the population of Americans over fifty-five rapidly outpacing nursing home capacity, families are caught in a fragmented medical system. A new educational segment, All Access hosted by Andy Garcia, examines how the Northland PACE model replaces isolated home care with a unified, community-based ecosystem to preserve independence.
Philippe Morel takes the helm at Munich-based IDnow, succeeding long-time CEO Andreas Bodczek. The appointment arrives as the European identity verification firm pivots from traditional KYC services toward its newly launched Trust Platform, aiming to combat rising AI-driven fraud and navigate evolving regulatory mandates like eIDAS 2.0.
Inturai Ventures is hosting a series of investor calls today to demonstrate its spatial intelligence platform, which monitors movement and vital signs through walls using existing Wi-Fi signals. The Vancouver-based firm is using these sessions to detail its recent growth, including a major three-year agreement with Talius Group.
A new preclinical study published in Cell Reports Medicine provides the first evidence that systemic delivery of an RNA therapeutic can cross the blood-brain barrier to reverse behavioral deficits in Myotonic Dystrophy Type 1, marking a potential breakthrough for patients suffering from the disease’s neurological manifestations.
A preclinical study published in Cell Reports Medicine confirms that the investigational therapy ATX-01 can cross the blood-brain barrier, correcting molecular defects and improving behavioral patterns in subjects with myotonic dystrophy type 1. This marks the first evidence linking systemic RNA-based treatment to neurological restoration in DM1.
Stora Enso posted a 27% increase in adjusted EBIT to EUR 160 million for the second quarter of 2026, as the company offset stagnant sales and volatile market conditions through operational efficiencies and the ramp-up of its new consumer board production line in Oulu, Finland.
Stora Enso posted an adjusted EBIT of 160 million euros for the second quarter of 2026, a 27% increase over the previous year, despite flat sales of 2.4 billion euros. The results reflect a company pivoting toward specialized packaging and board production while navigating volatile energy costs and geopolitical headwinds.
After ten years of specializing in hard-surface flooring, Dallas-based Flooret is branching out. The company launched its inaugural rug collection today, aiming to bridge the gap between high-end aesthetics and the practical demands of daily life by integrating non-slip backing directly into machine-washable designs.
Systemair AB has invited shareholders to its annual general meeting on August 27, 2026, at the company’s Skinnskatteberg headquarters. The session, beginning at 3:00 p.m., will address board appointments, executive remuneration guidelines, and a proposed dividend of 1.45 SEK per share for the 2025/26 financial year.
Under a new agreement finalized at the Farnborough Airshow, Aviation Capital Group will supply six Boeing 737-10 aircraft to Argentina’s flag carrier. The deal marks a significant expansion for the airline, which plans to deploy the high-capacity jets across its domestic and regional network starting in 2028.