Browsing Category
General business news
8635 posts
Draganfly’s Canada deal has a 5,000-drone headline, but only 100 are firm. What matters?
Draganfly has secured a five-year Canadian Armed Forces tactical drone contract covering 100 firm systems and options for another 4,900, creating a potentially material defence opportunity relative to its current revenue base.
September 13, 2026
Brink’s $6.6bn NCR Atleos deal exposes the surprising economics keeping cash infrastructure alive
Digital payments continue to expand, yet cash remains embedded in consumer behaviour and banking infrastructure. The proposed $6.6 billion combination of The Brink’s Company and NCR Atleos Corporation shows how the ATM business is changing from hardware ownership into a recurring-services, software and outsourced-infrastructure model.
September 13, 2026
Light Science Technologies (AIM: LST) shares recover as Injectaclad starts converting pipeline into revenue
Light Science Technologies has secured about ÂŁ0.8 million of additional passive fire-protection business as its recently expanded Injectaclad operation begins converting remediation demand into commercial work.
September 12, 2026
Petards Group (AIM: PEG) turns operating profit positive as rail and defence recovery gathers pace
Petards Group lifted first-half adjusted EBITDA by more than 50%, improved gross margins and reduced net debt, yet AIM-listed PEG remained around 9.5p after the results.
September 12, 2026
System1 Group rejects Brave Bison bid as market values SYS1 above the offer
System1 Group has formally rejected Brave Bison Group’s unsolicited takeover offer, with more than 21% of shareholders indicating they currently do not intend to accept and the market itself valuing SYS1 above the implied bid price.
September 12, 2026
HSBC H1 profit reached $19.5bn. Why is Pam Kaur leaving during a $2bn cost reset?
HSBC is searching internally and externally for a successor to Group CFO Pam Kaur as the bank lifts its simplification savings target to $2 billion and continues reshaping businesses, management layers and geographic exposure.
September 12, 2026
Nitradyn lands $581m U.S. Army award for Kentucky IMX-104 plant
Nitradyn has secured a U.S. Army contract with a $581.16 million ceiling to design, build and commission an IMX-104 facility in Kentucky, targeting about eight million pounds of annual explosives capacity.
September 12, 2026
Saab handed Cohort its biggest new catalyst, but CHRT investors are asking a harder valuation question
Cohort’s ELAC subsidiary secured a €140.7 million sonar contract for Poland’s Orka submarine programme, yet the initial share-price rally has faded despite the group’s record revenue and £618.8 million order book.
September 12, 2026
SBI Funds Management picks Amol Joshi as CFO after Rs 9,813cr IPO and 15% revenue growth
SBI Funds Management has selected former TransUnion CIBIL CFO Amol Joshi as its next finance chief, according to ETBFSI, after an oversubscribed ₹9,813 crore IPO and first-quarter assets under management of ₹12.6 lakh crore.
September 12, 2026
HDFC Bank Q1 profit reached Rs 19,060cr. Why has it sent two CEO names to the RBI?
HDFC Bank has submitted two candidates for managing director and CEO to the Reserve Bank of India as Sashidhar Jagdishan prepares to retire on October 26, putting one of Indian banking’s most consequential succession decisions into the regulator’s hands.
September 12, 2026