Sword Group, leading a consortium with Netcompany and Sopra Steria, secured a €93 million contract from eu-LISA to develop and maintain the EU Entry/Exit System (EES) over four years. This system will digitally track non-EU nationals entering and exiting the Schengen Area, enhancing border security and efficiency. The contract covers application design, development, testing, and maintenance of core EES components and related services. This win strengthens Sword's role as a key partner for EU digital security projects and supports broader border management initiatives.
GNI Group has agreed to acquire 100% of Ayumi Pharmaceutical Holdings from shareholders led by Blackstone for about ¥44.8 billion. This acquisition significantly expands GNI's commercial footprint in Japan, especially in pain management and rheumatol...
Hong Kong topped global IPO fundraising in 2024 and early 2025, surpassing New York and Nasdaq. However, about half of the 179 companies listed since January 2025 have seen their stock prices drop over three months, underperforming benchmarks. Stocks...
Oil prices surged on Monday following missile attacks by Iran on Israel, raising fears of prolonged conflict in the Middle East. Brent crude futures rose 2.42% to $92.73 per barrel, while U.S. West Texas Intermediate futures gained 2.44% to $95.36. T...
Dorman reported Q1 results affected by peak tariff costs due to FIFO accounting but expects margin normalization and growth by year-end. Management reaffirmed full-year guidance, projecting 7-9% sales growth and operating margins in the high teens by...
Ripple's XRP Ledger is evolving from a simple payment network to a platform supporting tokenized real-world assets like securities, funds, repos, and loans. Ripple CTO Emeritus David Schwartz highlighted that this expansion allows enterprises to issu...
