Associated British Foods (ABF) has upgraded its 2026 earnings outlook, expecting adjusted earnings per share to exceed prior forecasts. This optimism is driven by Primark's plan to introduce home delivery across Great Britain, supported by a new automated fulfilment center in Sheffield. Primark anticipates 2% sales growth for the year, despite a slight decline in like-for-like sales, with strongest performance in the UK and significant growth in the US. ABF's Grocery and Ingredients divisions also show growth, though the Sugar division faces losses expected to widen in 2027. The company is progressing with a planned demerger of Primark from its food businesses, targeted for completion in December 2027.
Lazard has appointed Daniel Burton-Morgan as Managing Director and Head of Equity Capital Markets Advisory for North America, enhancing its advisory services in equity capital markets. Based in New York, Burton-Morgan will advise clients on IPOs, fol...
Vision Lithium Inc. has entered an option agreement with Osisko Metals, granting Osisko the exclusive right to acquire full ownership of the Red Brook Property, covering about 3,982 hectares in New Brunswick. Osisko must make staged cash payments tot...
Exiger, a leading supply chain AI company, has launched 1Exiger, an AI-native platform that enhances supply chain, procurement, and compliance tasks through autonomous agentic AI capabilities. Backed by a $1.2 billion investment and strategic acquisi...
CollPlant Biotechnologies has acquired LightSolver Ltd., a pioneer in photonic computing with its Laser Processing Unit (LPU) technology. This acquisition diversifies CollPlant's portfolio into advanced photonic computing, targeting high-demand secto...
Lufax Holding Ltd, a major financial services provider for small businesses in China, announced an extraordinary general meeting (EGM) for shareholders on October 8, 2026, in Shanghai. The meeting will consider and vote on several proposed resolution...
