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Leonardo DRS wins $63m U.S. Army thermal sight order as defense backlog expands
A new $63 million U.S. Army order adds to Leonardo DRS’ record defense backlog. See why earnings growth and the DRS stock pullback matter now.
Sunrise Realty Trust plans $20m buyback as Southern Realty Trust merger approaches
SUNS plans up to $20 million in share repurchases after its proposed merger. See why the discount to book value has investors watching closely.
Drones sink cargo ship near NATO waters as 11 sailors vanish and Black Sea crisis deepens
Eleven sailors are missing after drones sank a cargo ship near Bulgaria. Find out why the attack is raising new NATO and Black Sea security fears.
Character.AI faces shutdown after bankruptcy filing. What is Disney actually buying?
Character.AI has entered Chapter 11 bankruptcy protection, with Disney offering $20 million for specified intellectual property rights and other assets as the startup seeks a buyer capable of keeping its platform operating.
IonQ stock sinks 9% as $1.3bn Elisity deal tests quantum security strategy
IonQ's proposed acquisition of Elisity could expand its enterprise cybersecurity business, but the all-stock transaction raises questions about valuation, integration and shareholder dilution.
Lockheed Martin unveils PAC-3 Edge as US missile defence enters new phase
Lockheed Martin Corporation has introduced its next-generation PAC-3 Edge interceptor for the United States Army's Future Interceptor programme, targeting advanced missile and hypersonic threats with a new seeker, propulsion system and enhanced manoeuvrability.
RBL Bank Q2 profit jumps 170% to Rs 482cr as deposits surge, but growth needs a closer look
RBL Bank Limited reported sharply higher profit, improved loan margins and stronger asset quality in Q2 FY27. However, a substantial part of its deposit and loan growth was linked to foreign-currency funding, making the underlying expansion more nuanced than the headline figures suggest.
South32’s GEMCO mine returned to profit. Why are jobs now at risk on Groote Eylandt?
South32 Limited has begun workforce consultations at its Groote Eylandt manganese operation after persistent flooding, groundwater inflows and rising costs increased pressure on the Northern Territory mine. No final redundancy number has been disclosed, making the workforce review part of a larger question about whether additional water infrastructure and lower operating costs can restore the asset's long-term competitiveness.
Flyte Aviation just doubled quarterly revenue — but a $1 conversion price could reshape the VJET stock story
Flyte Aviation Q3 revenue jumps 110% as its private aviation platform tops 20,000 users. Find out what the growth means for VJET investors.
Virat Diwanji becomes Federal Bank Executive Director as retail franchise expands
The Federal Bank Limited has elevated National Head of Consumer Banking Virat Sunil Diwanji to Executive Director from October 12 after Reserve Bank of India approval. His appointment brings three decades of consumer-banking experience onto the board as the lender expands retail assets, improves margins and trades substantially above last year's levels.