News Hub

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Latest Articles

Australia and U.S. Expand Defence Cooperation as Pacific Geopolitics Shift

Australia and U.S. Expand Defence Cooperation as Pacific Geopolitics Shift

Australian Defence Minister Richard Marles and U.S. Defence Secretary Pete Hegseth agreed to deepen defence cooperation during talks in Washington D.C., signaling an uptick in American military posture in Australia and reinforced deterrence across the Indo-Pacific. The steps build on existing Force Posture Initiatives and the AUKUS pact, while regi…

PayPal Cuts About 600 Roles in India as Part of Global Cost Restructure

PayPal Cuts About 600 Roles in India as Part of Global Cost Restructure

PayPal has eliminated roughly 600 positions in India, equivalent to about 10% of its local workforce, as the payments company implements a global restructuring intended to lower costs. The job losses span technology, engineering, operations, payments and finance teams across Chennai, Bengaluru and Hyderabad. Impacted employees were notified beginni…

Ming Shing Group Holdings Limited Announces Closing of the Acquisition of Meals Through Seasons Limited and Issuance of Consideration Shares and Unsecured Convertible Promissory Notes

Ming Shing Group Holdings Limited Announces Closing of the Acquisition of Meals Through Seasons Limited and Issuance of Consideration Shares and Unsecured Convertible Promissory Notes

Ming Shing Group Holdings Limited announced the closing of its acquisition of Meals Through Seasons Limited for USD 510 million, paid entirely in securities including 150 million Class A shares and USD 360 million in unsecured convertible promissory notes. The notes are structured with annual performance tranches tied to profit targets and have no …

Renewed Iran-U.S. Hostilities Spotlight Rising Civilian Casualties

Renewed Iran-U.S. Hostilities Spotlight Rising Civilian Casualties

A fresh wave of hostilities between Iran and the United States has brought renewed attention to civilian harm after recent U.S. strikes in Iran reportedly killed 18 people and wounded more than 100. Among the fatalities, Iranian authorities and humanitarian responders say four people were killed and dozens wounded at a wedding near the Strait of Ho…

Diversified Announces Accretive Acquisition of Birch

Diversified Announces Accretive Acquisition of Birch

Diversified Energy Company (NYSE: DEC) has entered into definitive agreements to acquire Birch Permian Holdings for approximately $1.8 billion, marking its largest acquisition ever. The deal enhances Diversified's position as a major operator in the Permian Basin by increasing production by about 35% and adjusted EBITDA by approximately 55%. The ac…

New England Journal of Medicine Publishes Phase 1/2 Clinical Data on Revolution Medicines’ RASONQUE™ (daraxonrasib) in Metastatic Non-Small Cell Lung Cancer

New England Journal of Medicine Publishes Phase 1/2 Clinical Data on Revolution Medicines’ RASONQUE™ (daraxonrasib) in Metastatic Non-Small Cell Lung Cancer

Revolution Medicines announced that the New England Journal of Medicine has published Phase 1/2 clinical trial data on their drug RASONQUE (daraxonrasib) in treating RAS mutant non-small cell lung cancer (NSCLC). The study showed promising objective response and disease control rates with a manageable safety profile. The data supports the ongoing P…

BioRestorative Therapies Announces Reverse Stock Split

BioRestorative Therapies Announces Reverse Stock Split

BioRestorative Therapies, Inc. announced a 1-for-20 reverse stock split effective September 7, 2026, aiming to regain compliance with Nasdaq's $1.00 minimum bid price listing rule. The stock will begin trading on a reverse-split basis on September 8, 2026, maintaining current shareholder ownership percentages. The company is a clinical-stage regene…

Capital Southwest Increases Corporate Credit Facility to $595 million and Extends Maturity to September 2031

Capital Southwest Increases Corporate Credit Facility to $595 million and Extends Maturity to September 2031

Capital Southwest Corporation announced an amendment to its senior secured corporate credit facility, increasing borrowing capacity from $510 million to $595 million with an option to expand to $1 billion. The amendment reduces interest margins, lowers unused commitment fees, removes the SOFR adjustment, and extends the maturity to September 2031. …

Hershey Elevates Longtime Finance Executive Dave Hulays to CFO

Hershey Elevates Longtime Finance Executive Dave Hulays to CFO

Sept 2 - Hershey has appointed Dave Hulays as chief financial officer, promoting a seasoned insider to the role with immediate effect. Hulays, 54, joined the company in 2012 and has held progressively broader finance responsibilities across Canada, the United States and international operations. The leadership change comes as the maker of Reese's r…

Archimedes Tech SPAC Partners II Co. Announces Filing of Third Amendment to Registration Statement on Form S-4 with the SEC

Archimedes Tech SPAC Partners II Co. Announces Filing of Third Amendment to Registration Statement on Form S-4 with the SEC

Archimedes Tech SPAC Partners II Co. (ATII), a Nasdaq-listed special purpose acquisition company (SPAC), announced the filing of the third amendment to its registration statement on Form S-4 with the SEC related to its proposed business combination with Forge Nano, Inc. Forge Nano specializes in advanced atomic layer deposition technology critical …

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1503 Per Share

Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.1503 Per Share

Sprott Focus Trust, Inc. has declared a quarterly distribution of $0.1503 per share on its Common Stock to be paid on September 29, 2026. The distribution follows the Fund's policy targeting an annualized 6% payout based on the rolling average NAV. The distribution can be taken in cash or reinvested in additional shares, and the Fund reported stron…