Vistry Group expects a first-half loss of about £30 million due to CEO Adam Daniels accelerating debt reduction, stock cuts, and operational changes. Despite a £50 million hit from discounts, asset sales, and landbank reductions, the company would have made a £20 million profit excluding these measures, down from over £260 million in previous years. Sales fell to 6,100 homes with higher discounts, and net debt remains high at £470 million. The CEO views 2026 as a transition year to improve profitability and reduce financial leverage, with a strategic review due in September.
Payhawk, an AI-native spend management platform, has surpassed $100 million in annual recurring revenue (ARR), achieving 159% year-over-year growth in new business and 95% growth in payment volumes. The company rebuilt its products and operations aro...
Quadient has been certified as a Great Place to Work® in the United States, United Kingdom, and Czech Republic during its first year participating in the program. This certification, based on employee feedback, recognizes Quadient's strong workplace ...
Bitcoin and Ethereum supplies on exchanges have dropped to their lowest levels since 2017 and 2015 respectively, indicating a shift toward long-term holding and staking. This trend reflects growing investor confidence, possibly driven by institutiona...
Greatland Resources has appointed Nick Strong as its new chief operating officer, effective from October 5, 2026. Strong, with over 25 years of experience in gold and base metals mining, will oversee operations at the Telfer and Havieron sites, worki...
Clearstream, owned by Deutsche Börse Group, has expanded its institutional crypto custody service to include six additional digital assets: XRP, Cardano, Solana, Litecoin, Stellar, and Avalanche. This move broadens access beyond the previously suppor...
