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Pension officials criticize SpaceX's IPO structure as overly favorable to Elon Musk's control.
Top pension officials from New York and California have expressed concerns about SpaceX's upcoming IPO, criticizing its dual-class share structure that grants Elon Musk significant voting power and control. They warn that this 'most management-favora...
Ipsen presents corabotase, a novel neuro-inhibitor, showing promising phase II results for facial wrinkle treatment.
Ipsen has introduced corabotase, the first molecule in a new class of recombinant neuro-inhibitors, at the SCALE symposium. Phase II trial data show corabotase's safety and efficacy in treating moderate to severe facial wrinkles, including glabellar ...
Makenita Resources doubles land for iron-magnetite project in Saskatchewan, eyeing iron, magnetite, and hydrogen potential.
Makenita Resources has expanded its Serpentinization Iron-Magnetite Project in Saskatchewan from 23,517 to 51,304 acres, bordering Max Power Corp's land. The project targets iron and magnetite, with potential for naturally occurring hydrogen producti...
Herbal Dispatch inks exclusive EU-GMP supply deal to boost Canadian cannabis exports to Europe.
Herbal Dispatch Inc., a Canadian cannabis e-commerce platform, has signed an exclusive strategic supply agreement with a Portugal-based EU-GMP licensed cannabis processor. This deal enables Herbal Dispatch to export Canadian cannabis products to Euro...
Aviva premiums rise 19% despite drop in bulk annuity sales, maintaining strong 2026 outlook
Aviva PLC reported a 19% increase in general insurance premiums to £3.4 billion, driven by growth in personal lines and integration of Direct Line, despite a 7% fall in commercial lines premiums. Bulk annuity sales declined from £1.8 billion to £1.1 ...
ITV Studios' margins to hit low end despite 4% revenue growth; strong digital ad gains offset linear ad decline.
ITV Studios expects its profit margins to be at the lower end of its 13%-15% target this year, despite a 4% revenue increase driven by global streaming deals. The division's revenue and profit are expected to be stronger in the second half due to lar...
Meridian discovers new high-grade gold and base metals at Álamo near Santa Helena, expanding resource potential.
Meridian Mining announced a significant gold and base metal discovery at the Álamo prospect, part of the Cabaçal belt near Santa Helena Central in Brazil. Drill hole CD-852 returned 3.5 meters at 2.4 g/t gold with copper, silver, and zinc, indicating...
European stocks rise as UK political tensions and Trump-China summit shape markets
European stocks are expected to open higher amid ongoing political uncertainty in the UK, where Prime Minister Keir Starmer faces leadership challenges, and ahead of key UK GDP data. Investors are also focused on US President Donald Trump's visit to ...
Legal tech firms surge as AI boosts revenues, with Clio hitting $500M ARR amid growing market optimism.
Legal tech companies are experiencing rapid revenue growth driven by AI integration, with Clio reaching $500 million in annual recurring revenue (ARR) after incorporating AI in 2023. The sector benefits from large text datasets like contracts, enabli...
Lotus CEO says solid-state EV batteries mass production may take up to a decade
Lotus CEO Qingfeng Feng stated that the commercialization of solid-state batteries for electric vehicles, often hailed as the future of sustainable driving, is still years away. Despite high expectations, challenges like battery life and discharge ra...