PARIS: Schneider Electric raised its 2026 core profit and revenue targets for the second time this year on Friday, as the French industrial group cements its role as a key supplier to big cloud companies building AI data centers. Schneider…
SYDNEY: Euroz Hartleys Group Limited announced Friday the appointment of Alan Logan as chief executive officer, effective Oct. 26, ahead of the expected completion of its transaction with BMO Financial Group. Logan brings extensive wealth management experience from Shadforth, Godfrey…
PORT MELBOURNE: Austco Healthcare Limited said Friday it will acquire two Brisbane-based companies, real-time monitoring software provider RTM and nurse call maker CareTech Systems, in a pair of cash deals expected to total about $19.3 million. The ASX-listed company called…
TORONTO: Canadian AI lab Cohere said Thursday that it had signed a letter of intent to buy AISLE, a San Francisco–based cybersecurity startup that uses artificial intelligence to detect vulnerabilities in software. The acquisition would add cybersecurity to the business…
FRANKFURT: Lufthansa is in talks to potentially acquire the remaining 50.1% majority stake in Portugal’s flag carrier TAP from the government in the future, the German airline’s finance chief said Thursday. Portuguese Prime Minister Luis Montenegro announced Wednesday that his…
KARACHI: Wahdat Poultry Farm, trading as WAHDAT, reported revenue of 3.0 billion rupees ($10.7 million) in fiscal year 2026, marking its first annual report as a publicly listed company, according to figures released Oct. 15. The company raised 900 million…
LONDON: OMass Therapeutics, a biotechnology company developing small molecule drugs for rare diseases and immunological conditions, has raised $310 million in an oversubscribed Series C financing, its investor Syncona Ltd. announced Thursday. Syncona, a life science investment firm, said it…
LONDON: UK Energy Group plc (AIM: UKEN) announced that its wholly owned subsidiary, UK Energy Storage Ltd, has signed a five-year Memorandum of Understanding (“MOU”) with UK Nuclear Limited (“UK.N”) to explore the synergistic development of co-located advanced nuclear power,…
LONDON: Kistos, an independent energy company focused on unlocking value within its existing portfolio and through value-accretive mergers and acquisitions, announced it has signed a sales and purchase agreement with Vår Energi ASA to acquire a 10% working interest in…
LONDON: Zephyr Energy plc (AIM: ZPHR) announced further increases to its operated land position in the Paradox Basin, Utah, U.S. (the “Paradox project”) through the successful acquisition at auction of 5,692 acres under U.S. federal leases in Utah. The addition…
ZUG: Galderma announced Wednesday it has signed an agreement to acquire ZO Skin Health, a physician-dispensed skincare brand, from its shareholders, including funds managed by Blackstone Tactical Opportunities and the Obagi family. Galderma will acquire 100% of ZO Skin Health…
VELDHOVEN: ASML Holding NV on Wednesday forecast fourth-quarter sales above analyst expectations, citing sustained AI-driven demand for its chipmaking equipment, and narrowed its outlook for 2026. The Dutch semiconductor equipment maker guided for fourth-quarter net sales of 14.2 billion to…