CMB.TECH NV announced a Q1 2026 profit of $368.8 million, driven by high tanker market rates, vessel sales generating significant capital gains, and a strong dry bulk market. EBITDA reached $558.3 million, reflecting improved operational performance and lucrative long-term charters. The company plans to distribute $0.64 per share and continues to expand its fleet with new vessels and contract backlog growth. Market outlook remains positive but cautious due to geopolitical uncertainties and global trade risks.
FTI Consulting has named Andreas P. Stöcklin as Senior Managing Director to lead its Transactions practice across Continental Europe. Based in Munich, Stöcklin brings over 25 years of M&A and transaction experience, focusing on complex carve-outs and...
Allegiant Travel Company announced eight new nonstop routes starting fall 2026, expanding its presence in Florida and connecting smaller cities to popular destinations. One-way fares start as low as $59, with a limited-time offer of 1,000 Allways Rew...
At ASCO 2026, Roche presented new data on nine cancer medicines, with a focus on giredestrant for ER-positive, HER2-negative breast cancer. Key trials showed giredestrant's potential to become a new standard of care by reducing recurrence risk and im...
S&P Global's stock has fallen 30% from its 52-week high due to concerns about AI disrupting its Market Intelligence segment. However, the company's proprietary data, high client switching costs, and regulatory compliance needs protect its software pr...
Standard Chartered plans to reduce over 15% of its corporate support roles by 2030 to boost productivity and aims to increase income per employee by 20% by 2028. The bank also raised its return on tangible equity targets to 15% by 2028 and about 18% ...
