Browsing Category
General business news
8091 posts
Can Prestige Estates revive NCR momentum with a Rs 6,800cr two-project pipeline?
Prestige Estates Projects Limited plans two Delhi-NCR residential launches with nearly 8 million sq ft of development and ₹6,800 crore revenue potential, putting Noida and Gurugram at the centre of its next regional growth test.
Real Estate Investors (AIM: RLE) cuts debt to £29.2m as portfolio wind-down accelerates
The Midlands-focused property group says completed and pending disposals could eliminate borrowings by year-end, clearing the way for capital returns.
Brookfield Infrastructure raises C$100m at 5.75% with preferred offering able to expand to C$150m
Brookfield Infrastructure has agreed to issue four million Series 19 preferred units at C$25 each, raising C$100 million with an underwriter option that could increase proceeds to C$150 million.
AEVEX adds $41m one-way attack systems award after $88.1m July precision-strike orders
AEVEX has secured another $41 million U.S. government award for one-way attack systems, extending a rapid sequence of unmanned and long-range precision-strike orders in 2026.
Credit Corp (ASX: CCP) lands A$150m HSBC card book as FY27 profit guidance climbs
The HSBC Bank Australia portfolio purchase lifts Credit Corp’s FY27 purchased-debt investment target by A$100 million at the midpoint, while investors sent the shares 3.4% higher.
KE Holdings profit doubles as margin surge offsets 6% revenue decline in China housing market
KE Holdings profit doubled despite a 6% revenue decline as Beike’s margins surged and housing transaction value returned to growth.
Humacyte’s dialysis bet gains momentum, but $0.71 stock still reflects major execution risk
HUMA jumps 22% as peer-reviewed ATEV Phase 3 data strengthen Humacyte’s planned FDA filing for a potentially much larger dialysis market.
Vext’s Ohio expansion offsets Arizona retreat as Q2 EBITDA rises 22% sequentially
Vext Science held quarterly revenue near US$12.1 million and improved adjusted EBITDA sequentially as Ohio retail growth offset the deliberate wind-down of Arizona cultivation and wholesale operations.
James Hardie to sell Fermacell to Holcim for €840m as Europe exit redirects cash toward debt and buybacks
James Hardie has agreed to sell Fermacell to Holcim for €840 million and plans to close its remaining European fiber cement business, redirecting capital toward deleveraging and shareholder returns.
Provident Financial replaces $170m of older subordinated debt with 6.50% notes due 2036
Provident Financial Services has priced $175 million of fixed-to-floating subordinated notes, using most of the proceeds to refinance $170 million of existing debt while preserving Tier 2 regulatory capital.