KARACHI: Oil and Gas Development Company Ltd (OGDCL) said its board has approved an increase in its committed expenditure for the Reko Diq copper and gold project to $715 million, up from a previous commitment of $627 million, following revised…
SYDNEY: Hancock & Gore Ltd (H&G) said on Tuesday it had acquired UK-based schoolwear brand Trutex Group in an all-cash deal valued at approximately A$26 million, marking a strategic transformation into a global schoolwear business under the Schoolblazer Group banner….
NEW YORK: Basic Capital, a retirement platform pioneering asset financing within 401(k) plans, has raised $25 million in a Series A funding round led by Forerunner and Lux Capital. The round drew participation from existing backers SV Angel and Box…
SACRAMENTO: Accenture (NYSE: ACN) has acquired The Highlands Consulting Group, a Sacramento-based management consulting firm with deep expertise in healthcare, transportation, social services and environmental solutions, bolstering its public sector capabilities across California. Founded in 2002, Highlands Consulting has built…
Dow Jones slips from record highs as investors await retail earnings and Fed signals NEW YORK: U.S. stocks edged lower Monday as investors turned cautious ahead of key earnings reports from major retailers and the Federal Reserve’s annual symposium in…
Company’s adjusted operating profit fell to SEK 3.1 billion due to currency headwinds STOCKHOLM: Sweden’s SKF (SKFb.ST) said on Monday it has agreed to sell its precision elastomeric device (PED) operation in Elgin, Illinois, to Carco PRP Group for an…
LONDON: Ideagen, a global provider of compliance and risk management software, has acquired Reactec, a leading developer of wearable technology and data analytics for workplace safety, in a move aimed at enhancing health and safety solutions for high-risk industries. The…
LONDON: Defence Holdings PLC (LSE: ALRT), the UK’s first listed software-led defence company, has appointed Andrew McCartney as Chief Technology Officer, effective immediately. McCartney, a veteran of sovereign AI infrastructure, co-founded Whitespace, a deep-tech firm delivering generative AI capabilities to…
Revenue rose to $60.4 million from $58.9 million a year earlier LONDON: BATM Advanced Communications Ltd. (LSE: BVC; TASE: BVC), a global provider of network infrastructure, cybersecurity and diagnostic technologies, reported interim results for the six months ended June 30,…
LONDON: HICL Infrastructure PLC said Monday it has agreed to sell a portfolio of seven UK public-private partnership (PPP) assets to Dutch pension services provider APG for approximately £225 million, in line with its March 2025 valuation. The portfolio includes…
Group underlying EBITDA declined 3% to A$1.576 billion, in line with revised guidance issued in June BRISBANE: Aurizon Holdings Ltd. on Monday reported a 14% drop in underlying net profit after tax to A$348 million for the fiscal year ended…
Group revenue rose 1.2% to A$418.5 million, while normalised EBIT climbed 2.8% to A$76.3 million SYDNEY: GWA Group Ltd. (ASX:GWA), a leading provider of water solutions for residential and commercial markets, posted a modest earnings increase for the fiscal year…