U.S. crude oil exports surged to a record 5.2 million barrels per day in April, driven by Asian and other buyers seeking alternatives to Middle East supplies disrupted by the Iran war. The Port of Corpus Christi in Texas, a major export hub, experienced its busiest quarter ever, with ship traffic and tanker volumes significantly up. However, U.S. export capacity is nearing limits due to infrastructure constraints, and the shift to U.S. crude is likely a temporary wartime measure as Middle East oil remains critical to global supply. The Strait of Hormuz blockade has created a supply gap that the U.S. and other regions cannot fully replace.
Prestige Consumer Healthcare completed the acquisition of Australian therapeutic skin care company LaCorium Health for approximately $150 million in cash on July 1, 2026. LaCorium, known for brands like Dermal Therapy and Flexitol, generates about $4...
GuideAI Health Corp. has appointed Dr. James F. Benenati, a leading interventional radiologist, to its Advisory Board following FDA 510(k) clearance of its AI software, VascularAssist Occlusion Triage (VAOT). VAOT is designed to help radiologists pri...
Diginex Limited has agreed with Resulticks to extend the deadline for their acquisition deal to July 31, 2026, after securing firm funding intent from private investors. The company does not plan to seek public funding and expects this to be the fina...
Rogers Communications has agreed to buy the remaining 25% stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports for C$4.35 billion, making Rogers the sole owner. This move aims to strengthen Rogers' position in Canadian sports and ente...
VERAXA Biotech updated on its progress in developing novel cancer therapies using its proprietary BiTAC platform, focusing on conditionally active T cell engagers and bispecific antibody-drug conjugates. The company plans to prioritize investment in ...
