Scorpio Tankers Inc. announced updated daily Time Charter Equivalent (TCE) rates for Q2 2026, reflecting their fleet's contracted voyages and time charters. The company expects diluted shares outstanding between 53 to 54 million for the quarter, factoring in recent convertible notes and equity incentives. Scorpio Tankers is also managing fleet changes with sales of several tankers and newbuild deliveries planned through 2030. These updates provide insight into the company's operational and financial outlook for the near term.
Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. (LIEN) have agreed to merge, with REFI electing to become a business development company (BDC) and merging into LIEN in an all-stock deal. The combined company will oper...
Man Group PLC disclosed a reduction in its long position in Senior Plc, holding 1.58% of relevant securities as of June 17, 2026. The firm sold shares and reduced its equity swap positions, signaling a strategic adjustment in its investment. This dis...
The S&P 500 fell 1.21% to 7,420.10 after the Federal Reserve signaled a possible interest rate increase later this year, causing investor jitters. Despite the decline, Polymarket traders predict a 98% chance the index will open higher on Thursday, re...
Zalando, Europe's largest online retailer with over 62 million active users, uses the European AI platform Hopsworks to power its demanding AI services. Hopsworks provides a high-performance, secure, and compliant AI Lakehouse infrastructure capable ...
Sompo International has named Henry MacHale as Chief Underwriting Officer and Head of Strategy for its International Markets, covering 22 countries across the UK, Asia-Pacific, Europe, and Brazil. MacHale will focus on enhancing underwriting performa...
