SYDNEY – Australian marketing firm IVE Group Ltd (IGL.AX) said on Monday it has entered a long-term marketing services agreement with Domino’s Pizza Enterprises (DMP.AX) and acquired two businesses, Impressu Print Group and Budget Mail Services, as part of a strategic expansion. The deal with Domino’s is a 6+2 year supply agreement, under which IVE will…
Author: NNR
OPEC+ reaches deal to increase output by 137,000 bpd in December, No changes in 2026
VIENNA – In a move signaling a careful balancing act between supporting prices and stabilizing markets, eight OPEC+ member countries agreed on Sunday to a small increase in oil output next month before implementing a historic pause on production changes for the entirety of 2025 and the first quarter of 2026. According to a statement from…
Berkshire Hathaway operating profit jumps 34% as cash pile hits record $381.6 billion
OMAHA — Berkshire Hathaway reported a sharp rebound in its third-quarter operating profit, driven by a massive surge in its insurance business, the conglomerate said Saturday. However, with CEO Warren Buffett finding few attractive opportunities in the market, the company’s cash reserves swelled to a record $381.6 billion as it refrained from share repurchases for the…
Canadian miner NMG signs key graphite deals, paving way for Quebec mine
MONTREAL – Nouveau Monde Graphite Inc has finalized a series of binding offtake agreements that cover nearly all of the planned production from its flagship Matawinie mine, a critical step that paves the way for a final investment decision on the Quebec project, the company said on Friday. The agreements, announced as G7 energy and environment…
Carrington Holding Co. to acquire Reliance First Capital, expanding mortgage business
ANAHEIM — Carrington Holding Company, a major player in the U.S. residential real estate market, announced that it has entered into an agreement to acquire Reliance First Capital, LLC, from Tiptree Inc. The acquisition is designed to add a direct-to-consumer retail channel to Carrington’s existing mortgage operations, which the company said will create a more…
Aalberts N.V. completes acquisition of Grand Venture Technology Limited
AMSTERDAM: Aalberts announces successful completion of the acquisition of Grand Venture Technology Limited (GVT). With its head office in Singapore, GVT operates six facilities across Singapore, Malaysia and China, generating an annual revenue of SGD 160 million in 2024 and an adjusted EBITDA margin of 19% with approximately 1,800 employees. In July 2025, Aalberts announced…
Kansai Electric buys 80% stake in Simply Blue Energy
LONDON: Simply Blue Holdings, has signed a share subscription agreement with Kansai Electric Power Company, Incorporated, to acquire an 80% stake in Simply Blue Energy OSW Ltd, Simply Blue Group’s offshore wind development arm. The transaction follows the recent carve-out of Simply Blue’s sustainable fuels business into a newly formed entity, Nova Scotia Fuels, and represents…
Australian Miner to acquire Idaho Processing Mill, aiming to boost US antimony, tungsten supply
SYDNEY – Resolution Minerals Ltd. (ASX: RML; OTCQB: RLMLF) announced Tuesday it has entered a binding agreement to acquire a processing mill and historic tungsten stockpiles in Idaho, a strategic move aimed at accelerating potential U.S. production of critical minerals antimony and tungsten. The acquisition targets the Johnson Creek Tungsten & Antimony Mill and the…
Palomar Holdings to buy Gray Casualty & Surety in $300 mln deal to expand franchise
NEW YORK – Specialty insurer Palomar Holdings Inc said on Tuesday it has agreed to acquire The Gray Casualty & Surety Company from private equity firm Bernhard Capital Partners in a cash deal valued at $300 million. The acquisition, approved by both companies’ boards, is expected to close in the first half of 2026, pending regulatory…
First Solar Inc.net sales surge 45.4% to $1.6 billion for third quarter of 2025
TEMPRE – First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the third quarter ended September 30, 2025, and updated its 2025 guidance. Net sales for the third quarter were $1.6 billion, an increase of $0.5 billion from the prior quarter. The increase in net sales was primarily due to an increase in the…
Amazon revenues jump 13% to $180.2bn as AI fuels AWS re-acceleration; profit hit by charges
SEATTLE – Amazon.com Inc (AMZN.O) reported a 13% rise in third-quarter revenue on Thursday, handily beating expectations as its cloud-computing division re-accelerated on the back of soaring demand for artificial intelligence services. The robust sales growth, however, was tempered by a pair of special charges that held operating income flat. The company also issued a fourth-quarter…
Bending Spoons raises $710mn at $11bn valuation to fuel AI and product expansion
MILAN – Bending Spoons, one of Europe’s leading technology companies, announced today that it has raised $710 million in equity, based on a pre-money valuation of $11 billion. This funding round was led by accounts advised by T. Rowe Price Investment Management, Inc., with participation from Baillie Gifford, Cox Enterprises, Durable Capital Partners, Fidelity Management…