Aris Water Solutions reports strong second quarter performance ahead of acquisition

For three months, Aris reported a 9% increase in Adjusted EBITDA to $54.6 million HOUSTON: Aris Water Solutions Inc. announced a strong second quarter on Tuesday, posting a net income…

NNR August 12, 2025

Wire

Magnachip CEO steps down amid strategic overhaul; Camillo Martino named interim chief

SEOUL: Magnachip Semiconductor Corporation (NYSE: MX) announced Monday that CEO YJ Kim has stepped down from his role and from the Board of Directors, effective immediately. Camillo Martino, Chairman of…

NNR August 12, 2025

Wire

Pennington Creek Capital acquires majority stake in Rite in the Rain

DALLAS: Pennington Creek Capital, LLC, a Dallas-based private equity firm wholly owned by the Chickasaw Nation, announced Tuesday a majority equity investment in Rite in the Rain, a Tacoma, Washington-based…

NNR August 12, 2025

Wire

Datasite acquires Blueflame AI

MINNEAPOLIS: Datasite, a global SaaS provider of AI-powered workflow collaboration and automation solutions for mergers and acquisitions (M&A), investment, and strategic projects, has acquired Blueflame AI, a leading developer of…

NNR August 12, 2025

Australian Exchange

Spark sells 75% stake in data center business to Pacific Equity Partners for up to $705 million

SYDNEY: Spark New Zealand has agreed to sell a 75% stake in its data center business to Pacific Equity Partners (PEP). The deal values the business at up to $705…

Chenos Kahn August 12, 2025

Australian Exchange

Westpac Banking Corp appoints Carolyn McCann as chief executive consumer division

SYDNEY: Westpac Banking Corporation on Tuesday announced the appointment of Carolyn McCann as Chief Executive of its Consumer division, effective immediately. McCann, who has served as Acting Chief Executive since…

NNR August 12, 2025

Indices and commodities

Stocks slide as inflation fears take center stage

Dow Jones drops 200 points as traders await key inflation data NEW YORK: U.S. stocks fell Monday as traders awaited key inflation data later this week, overshadowing a positive development…

NNR August 11, 2025

Wire

Ford to invest $2 billion in Kentucky plant for affordable EVs

LOUISVILLE: Ford Motor Co. said Monday it will invest $2 billion in its Louisville Assembly Plant to accelerate production of affordable electric vehicles, marking a major step in the automaker’s…

NNR August 11, 2025

London Stock Exchange

Marshalls plc reports modest revenue growth amid challenging market conditions

Company posts 4% revenue growth in H1 2025, profitability pressured by market headwinds LONDON: Marshalls plc, a leading manufacturer of sustainable solutions for the built environment, reported a 4% increase…

NNR August 11, 2025

London Stock Exchange

LMS Capital to invest additional $5.3 million in Romanian oil producer Dacian

LONDON: LMS Capital has approved a further investment of $5.3 million (£3.9 million) in Dacian Petroleum, a Romanian onshore oil and gas company, following a shareholder vote in May supporting…

NNR August 11, 2025

London Stock Exchange

Gemfields to sell Fabergé to SMG Capital for $50 million

LONDON: Gemfields Group Ltd. said Monday it has signed an agreement to sell its entire interest in Fabergé Limited, the iconic luxury brand, to SMG Capital LLC for $50 million.…

Ali Mirza August 11, 2025

Australian Exchange

CAR Group: excellent FY25 results, double-digit growth in key metrics

Company’s reported revenue grew by 8% to $1.18 billion SYDNEY: CAR Group Ltd. announced its full-year results for FY25 on Monday, reporting excellent revenue and earnings growth across all key…

NNR August 11, 2025