Deutsche Bank has downgraded Bunzl PLC from 'buy' to 'hold' as the company's share price has caught up with its operational recovery. Bunzl, a supplier of non-food consumables, faced challenges in 2025 including weak volumes and execution issues in its North American division, but has since improved service levels and returned to volume growth. The broker raised the target price slightly but noted the current valuation already reflects these improvements. Investors will watch Bunzl's half-year results on September 1 for confirmation of better performance and pricing conditions.
Royal Caribbean is close to securing a $3 billion deal to acquire a 50% equity stake in Sandals, valuing the Caribbean resort chain at $6 billion. This move aims to expand Royal Caribbean's presence in land-based vacations, complementing its cruise b...
Moov has introduced Moov Money, a real-time peer-to-peer payment service developed with Visa and Mastercard. This solution allows users to send and receive money through their digital banking provider using any eligible Visa or Mastercard debit card,...
Sui has introduced GraphQL subscriptions on its Mainnet, enabling developers to stream real-time blockchain data such as checkpoints, transaction blocks, and events through a single WebSocket interface. This upgrade replaces the older JSON-RPC system...
Only 36 of the top 100 altcoins currently show profits for holders, while Bitcoin has risen about 28% in the past two years. The altcoin market has struggled since an October 2025 liquidation event, with many tokens trading well below their 200-day a...
Apple is developing a new screen-less fitness tracker, described as a thin fabric band with sensors, to compete with Whoop. The product is still in the exploratory phase, with prototypes made, and is not expected to launch before 2028. This new devic...
