Company reported a net profit of €606 million for the first half of 2025 THE HAGUE: Aegon N.V. reported a net profit of €606 million for the first half of 2025, reversing a €65 million loss in the same period last year, as the Dutch insurer posted strong operating results and announced a strategic review…
Apple TV+ raises monthly subscription price to $12.99
Starting Thursday, Apple TV+ will cost $12.99 per month for subscribers in the U.S. and other countries, marking the tech giant’s first price hike since 2023. Apple confirmed the change will affect current subscribers 30 days after their next renewal date. The annual subscription fee remains unchanged, and new users will still receive a seven-day…
Walmart lifts FY26 outlook as eCommerce, advertising drive Q2 revenue growth
World’s largest retailer posted revenue of $177.4 billion for the quarter ended July 31 BENTONVILLE: Walmart Inc (NYSE: WMT) raised its full-year sales and earnings guidance on Thursday after reporting a 4.8% rise in second-quarter revenue, driven by strong performance in eCommerce and advertising across its global operations. The world’s largest retailer posted revenue of…
Shield Therapeutics reports strong H1 2025 results; Eyes cash flow positivity by year-end
LONDON: Shield Therapeutics plc (LSE: STX), a commercial-stage pharmaceutical company focused on iron deficiency, reported a sharp rise in revenues and prescription sales for the first half of 2025, as its flagship product ACCRUFeR® gained traction across key markets. Group revenues surged to $21.4 million, up 1.8 times from $12.1 million in H1 2024, driven…
Ikigai Ventures signs £67 million deal to acquire Dotlines Group and Audra Solutions
LONDON: Ikigai Ventures Limited (LSE: IKIV), a special purpose acquisition company targeting high-growth, scalable businesses, said Thursday it has entered into conditional, non-binding heads of terms to acquire Dotlines Global Plc and Audra Solutions Limited for approximately £67 million. The proposed acquisition, subject to due diligence and execution of definitive agreements, will be satisfied through…
Coral Bridge subsea cable links Egypt and Jordan, boosting regional digital infrastructure
AQABA: NaiTel, the telecom arm of Aqaba Digital Hub (ADH), and Telecom Egypt have completed the laying of the Coral Bridge subsea cable, the first direct digital link between Egypt and Jordan in more than 25 years. The 15-kilometer express cable, equipped with 48 fiber pairs, connects Taba, Egypt, to Aqaba, Jordan, across the Gulf…
Resource Minerals secures strategic foothold in Saudi Arabia with JV acquisition
PERTH: Resource Minerals International Ltd. (ASX:RMI) has acquired a 50% interest in a Saudi Arabian joint venture following the granting of the Shaib Marqan exploration licence, marking a significant expansion of its global mineral exploration portfolio. The licence, covering 91.8 square kilometers in the mineral-rich Ar Rayn Terrane, was granted on August 17 and is…
Community Management Holdings expands national footprint with acquisitions of HOAMCO and AMG
PHOENIX: Community Management Holdings (CMH) announced Thursday the acquisitions of HOAMCO, based in Phoenix, and Alamo Management Group (AMG), headquartered in San Antonio, marking a significant expansion of its national platform for community association management. The move follows CMH’s November 2024 acquisition of CCMC and brings the company’s reach to nearly 500,000 households across 1,000…
Symal Group acquires Locale Civil to expand utility infrastructure capabilities
MELBOURNE: Symal Group Ltd. (ASX: SYL) announced Thursday it has entered into a binding agreement to acquire 100% of Locale Civil Pty Ltd, a move aimed at strengthening its position in Australia’s utility civil infrastructure sector. The acquisition, valued at up to A$35 million, includes an upfront cash payment of A$29.3 million and a deferred…
Prospex Energy JV signs new gas sales agreement with Hera Trading for Italian production
LONDON: Prospex Energy plc (AIM: PXEN) said Thursday that its joint venture operating the Selva Malvezzi gas concession in northern Italy has signed a new 12-month gas sales agreement with Hera Trading S.r.l., a subsidiary of multi-utility giant Hera Group. The agreement, effective Oct. 1, 2025, will replace the current contract with BP Gas Marketing…
Robinson plc reports higher profit, maintains outlook amid strategic progress
Company reported a 157% increase in profit before tax to £1.8 million for the six months CHESTERFIELD: Robinson plc (LSE: RBN), a custom manufacturer of plastic and paperboard packaging, reported a 157% increase in profit before tax to £1.8 million for the six months ended June 30, 2025, as the company continued to execute its…
Premier Foods to acquire Merchant Gourmet in £48 million deal
LONDON: Premier Foods said Thursday it has agreed to acquire Merchant Gourmet, a premium brand known for healthy, ready-to-eat meals, in a £48 million ($61 million) deal aimed at accelerating its growth strategy. The acquisition, expected to close on Sept. 1, will see Premier Foods take full ownership of the brand, which specializes in microwaveable…