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Eaton agrees to acquire COL Group for €810 million
Eaton Corp plc · Eaton ($ETN) signed an agreement to acquire COL Group from Oaktree’s Power Opportunities business at an enterprise value of €810 million. The Italian manufacturer supplies medium-voltage switchgear, grid-automation systems and modular power
Read discussion →Golar prices $500 million bond offering at 7.5%
Golar Lng Ltd · Golar LNG ($GLNG) priced $500 million of senior unsecured notes due in 2031 with a 7.5% annual coupon. The securities are being issued at 99% of their face value, so the issue price is below par. Settlement is scheduled for October 8, subje
Read discussion →Cipher extends Barber Lake lease to 20 years and over $9 billion
Cipher Digital Inc. · Cipher Digital ($CIFR) extended the Barber Lake data-center lease from ten to twenty years, increasing expected contracted revenue from $3.8 billion to more than $9 billion. The additional term adds approximately $5.2 billion and combines a
Read discussion →Countries Resized by Cost of Living (1950–2026)
Visuals · What would the world look like if countries were resized by their cost of living? Explore the changing map and top-15 ranking from 1950 to 2026. Press play, drag the timeline, or choose a country on the map to see its value. The numbers are
Read discussion →IonQ secures a quantum-computer agreement with Florida International University
IonQ, Inc. · Florida International University signed an agreement to bring an IonQ ($IONQ) Superion 256 quantum computer to its campus, with delivery expected in late 2027. The planned installation will support research and training, connecting the univ
Read discussion →Uxin grows sales sharply but swings to a negative gross margin
Uxin Ltd · Uxin ($UXIN) reported quarterly revenue of RMB1.151 billion, up 74.9%, as retail vehicle sales increased 88.8% to 19,610. The used-car retailer’s gross margin nevertheless fell to negative 0.7% from positive 5.2%. Its adjusted EBITDA loss w
Read discussion →People Inc. withdraws its MGM buyout proposal but retains its stake
MGM Resorts International · People Inc. ($PPLI) withdrew its proposal to buy all publicly held MGM Resorts ($MGM) shares that it did not already own. The company said it would retain approximately 66.8 million MGM shares, representing about 27% of the business, while
Read discussion →Starboard presses Knife River for margin improvements and strategic alternatives
Knife River Corp · Starboard Value urged Knife River ($KNF) to adopt a plan targeting at least a 22% adjusted EBITDA margin by fiscal 2029 and to evaluate strategic alternatives. The shareholder argues that stronger aggregates pricing and meaningful cost redu
Read discussion →ASOS points to stronger margins as quarterly merchandise sales return to growth
Asos plc · ASOS ($ASC-LSE) expects its annual gross margin to exceed 50%, above the previous 48–50% range, and adjusted EBITDA to finish above the midpoint of its £150–180 million guidance. Fourth-quarter gross merchandise value returned to low-single
Read discussion →Fluence signs a multiyear battery supply agreement with EVE Power
Fluence Energy, Inc. · Fluence Energy ($FLNC) entered into a multiyear master supply agreement with EVE Power to secure battery supply for its global energy-storage business. The arrangement is intended to improve visibility over availability and pricing as Fluen
Read discussion →On the Beach narrows expected profit to £22–23 million
On The Beach Group plc · On the Beach ($OTB) expects annual adjusted pre-tax profit of £22–23 million, within the upper half of its previous £18–25 million range. Bookings increased 9%, while total transaction value rose 6% to approximately £1.3 billion. Bookings o
Read discussion →Kodiak starts California grocery deliveries with DTL under a testing permit
Kodiak AI, Inc. · Kodiak AI ($KDK) and DTL Transport began a pilot hauling perishable goods between Fresno and a Los Angeles distribution center. The approximately 225-mile route follows major California freight corridors and uses Kodiak’s autonomous-driving
Read discussion →LG Display begins mass production of 720Hz gaming OLED panel
LG Display Co., Ltd. · LG Display ($LPL) began mass production of a 24.5-inch gaming OLED panel with a 720Hz refresh rate and Full HD resolution. The company reports a response time of 0.02 milliseconds and is targeting competitive gaming, where rapid image updat
Read discussion →Technip Energies secures exclusive licensing role for SABIC technology
TECHNIP ENERGIES N.V. · Technip Energies ($TE-EURONEXT) reached a strategic licensing agreement with SABIC covering its Clean Tubular Reactor technology for low-density polyethylene production. Technip will become the exclusive global licensor, extending an engine
Read discussion →Reabold declares its Union Jack Oil offer final
Reabold Resources plc · Reabold Resources ($RBD) declared its all-share offer for Union Jack Oil ($UJO) final and said it would not increase the terms, subject to specified exceptions. It reserved the right to revise the financial terms if a third-party bid emerge
Read discussion →Block Energy completes 70% of Project IV seismic survey
Block Energy plc · Block Energy ($BLOE) said approximately 70% of the 3D seismic survey at its Martkopi Project IV area in Georgia has been completed, with acquisition expected to finish by mid-October. The survey is intended to improve subsurface imaging and
Read discussion →ABB introduces direct-current power portfolio for AI data centers
Abb Ltd · ABB ($ABBNY) introduced Infinitus, a source-to-rack direct-current power portfolio designed for the growing electrical demands of AI data centers. The offering combines solid-state transformers with DC distribution and protection technology
Read discussion →Medtronic’s GI Genius system shows gains in large clinical-practice study
Medtronic plc · Cosmo reported new results for GI Genius, the AI-assisted endoscopy system it develops and Medtronic ($MDT) commercializes. The cluster-randomized quality-improvement study covered more than 334,000 colonoscopies across 139 US Veterans Heal
Read discussion →Cambridge Cognition opens integrated UK Alzheimer’s testing pathway
Cambridge Cognition Holdings plc · Cambridge Cognition ($COG) partnered with C2N Diagnostics and The Alzheimer’s Trust to combine digital cognitive assessment with blood-based Alzheimer’s testing and access to imaging services. UK healthcare professionals can now order the C
Read discussion →Syncona’s Beacon investment reports positive pivotal vision-study results
Syncona Limited · Syncona ($SYNC)’s portfolio company Beacon Therapeutics reported positive topline results from its Phase II/III VISTA trial of laru-zova for X-linked retinitis pigmentosa. At 12 months, 31% of patients in the high-dose group and 24.1% in th
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