The Duke of York has vacated his Windsor residence ahead of schedule, following the latest release of court files from the Jeffrey Epstein case which contained new details about his associations with the disgraced financier.
Aurora Cannabis reports a strategic overhaul in its fiscal Q3 2026 results, pivoting resources away from the competitive Canadian recreational market to focus on higher-margin international medical cannabis. The move, alongside plans to divest its Bevo stake, signals a decisive shift towards profitability as the company posts steady revenue growth led by its German and Polish operations.
Private equity firm MiddleGround Capital has acquired Pi Innovo, a specialist in open-platform electronic control systems, from automotive supplier Dana Incorporated. The move aims to merge Pi Innovo's expertise with MiddleGround's existing portfolio company, New Eagle, creating a stronger integrated player in control software for electric and specialized vehicles across multiple industries.
Saudi Arabia's SPPC closes its Emirati subsidiary, Al Madinah Packaging Co., as part of a strategic pivot to shed non-core assets and refocus on high-growth domestic and regional markets.
Amid renewed scrutiny from recently unsealed court documents, the Duke of York has vacated his Windsor home ahead of schedule and moved to the King's Sandringham estate, marking a significant retreat from public life as legal and reputational pressures mount.
Stephen Miran, a key economic adviser to former President Trump, has resigned from his White House post while maintaining his position on the Federal Reserve Board, a move that clears a potential path for the administration's future leadership plans for the central bank.
Longtime CSX executive Diana Sorfleet retires after nearly 15 years, having steered the railroad's people strategy through multiple CEO transitions. She is succeeded by Riz Chand, a talent development leader from the private equity sector.
A sharp selloff in AI and software stocks, coupled with a plunge in private equity shares, spills over into cryptocurrency markets, pushing Bitcoin near its weekend lows and fueling concerns about systemic liquidity.
Railroad giant CSX announces the retirement of Chief Administrative Officer Diana Sorfleet after nearly 15 years, appointing private equity veteran Riz Chand as its new Chief Human Resources Officer to steer people strategy.
US private equity giant Advent International is set to acquire a 14.3% stake in Aditya Birla Housing Finance Ltd. in a deal valuing the investment at $304 million, pending regulatory and shareholder approvals.
Amid a strong Canadian earnings season, investors are looking beyond large caps for growth. We examine three small-cap companies—in cleantech, energy exploration, and private equity—that defy the 'penny stock' stereotype with market capitalizations exceeding $30 million and distinct strategic profiles.
Apeiron Capital Ltd. has liquidated its entire position in the iShares Ethereum Trust ETF, a move highlighting shifting institutional sentiment as digital asset volatility persists.
Stoneridge, Inc. has completed the sale of its Control Devices segment to private equity firm Center Rock Capital Partners for $59 million. The move is part of a strategic pivot to strengthen its balance sheet and concentrate resources on advanced vision, safety, and connectivity technologies for commercial vehicles.
Brazil's state-controlled oil giant Petrobras is trading at deep value multiples, offering investors a covered dividend yield near 10%. Analysts argue its disciplined payout and exposure to a tightening global oil market create a rare mix of income and asymmetric upside.
Private equity firm RoundTable Healthcare Partners has acquired the dermatologist-trusted skincare and sun protection brand Colorescience from 1315 Capital, as the company's annual sales approach the $100 million mark.
Investment firm Stanich Group has liquidated its entire position in the iShares ESG Aware USD Corporate Bond ETF (SUSC), a move analysts interpret as a reallocation towards equities amid shifting macroeconomic forecasts.
London-based investment firm Robocap Asset Management has liquidated its entire $5.1 million position in NICE Ltd., as the cloud software company navigates a challenging strategic shift to AI-centric solutions against a backdrop of significant stock decline.
Mayor Zohran Mamdani's proposal to restructure New York City's Gifted and Talented program has ignited a fierce debate, with critics warning it could disproportionately harm high-achieving students from low-income backgrounds.
Australian miner ioneer has secured A$72 million in fresh capital to advance its flagship Nevada lithium-boron project. While the funds de-risk near-term construction, the discounted share placement sparks debate over strategic leverage versus shareholder dilution in a critical minerals race increasingly shaped by U.S. industrial policy.
Danish brewing giant Carlsberg has agreed to sell its 50% stake in the Lhasa Brewery joint venture to its local partner, Tibet Development, for 292 million yuan ($42 million), ending a partnership marked by operational disputes and significant financial impairments.
