Pomerantz LLP is investigating Alstom S.A. for potential securities fraud following the company's disclosure of weaker-than-expected financial results for fiscal year 2026. Alstom reported slower progress on major projects, a lower adjusted EBIT margin of around 6%, and withdrew its previous free cash flow and EBIT margin guidance. These revelations caused a sharp decline in Alstom's stock price, prompting the investigation. Investors affected by the stock drop are encouraged to contact the law firm for possible legal action.
ByteDance, TikTok's parent company, is in talks to acquire AI chips from Chinese suppliers Iluvatar CoreX and Baidu, aiming to expand its AI capabilities for its Doubao chatbot. This move comes as Nvidia faces export restrictions and growing competit...
Bio Usawa, a biotech firm focused on expanding access to biologic medicines in Africa, has appointed Dr. Aida Habtezion, former Chief Medical Officer at Pfizer, to its Board of Directors. Her expertise in global medical leadership and innovation will...
Entries for the Global Sustainability Awards 2026 close on June 29, recognizing excellence in sustainability across eight categories including enterprise, innovation, and environmental impact. The awards highlight businesses and individuals driving m...
InterDigital, a leader in wireless, video, and AI technology, will present its latest innovations at the 13th FOKUS Media Web Symposium in Berlin, June 16-17, 2026. The company will demonstrate AI-enabled Pixel Value Reduction technology for energy-e...
Orange announced its intention to issue new perpetual hybrid bonds with a fixed adjustable interest rate and to launch a buyback offer for certain existing hybrid bonds. The new bonds are expected to be rated BBB-/Baa3/BBB- and traded on Euronext Par...
