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BP appoints Ian Tyler permanent chair as $5.7bn quarterly profit meets governance upheaval
BP p.l.c. has promoted interim chair Ian Tyler to the permanent role after another turbulent leadership episode, putting governance stability alongside debt reduction and operational performance at the centre of its latest reset.
Adecoagro closes CaarapĂł mill deal for $136m as 17-million-ton Brazil sugar cluster takes shape
Adecoagro has completed its CaarapĂł mill acquisition at a lower-than-expected price and plans to lift crushing 29% in 2027, testing whether underused capacity can strengthen a sugar and ethanol business currently lagging its fertilizer division.
Cadrenal Therapeutics shares surge as FDA alignment clears a key hurdle for CAD-1005 Phase 3 strategy
Cadrenal Therapeutics gains FDA alignment on a CAD-1005 Phase 3 trial as CVKD shares surge. See why financing and efficacy remain critical.
Titomic (ASX: TTT) locks in A$16.5m placement at 23.5% discount to fund 2027 breakeven
Titomic has secured A$16.5 million from institutional investors to expand its Huntsville manufacturing base and fund operations through management's projected 2027 cash-flow breakeven point. The placement increases the existing share count by approximately 7.9% and is priced at a steep 23.5% discount to the last traded price.
Glacier Bancorp profit jumped 85%. Why is Byron Pollan being lined up as CFO a year early?
Glacier Bancorp has appointed longtime treasurer Byron Pollan as deputy chief financial officer ahead of Ron Copher’s 2027 retirement, giving the $31.6 billion bank more than a year to manage one of its most important leadership transitions.
GoPro merges with Starman Optical as $285m recapitalisation opens AI and defence pivot
GoPro shareholders will receive $285 million in cash while retaining about 10% of the combined company after a merger with privately held Starman Optical. The deal also repays roughly $92 million of GoPro debt and adds U.S.-made optical transceivers for AI data centres. The transaction may solve an immediate liquidity crisis, but it also asks investors to believe GoPro’s optics, imaging patents and consumer brand can support a second life in AI, defence and aerospace.
Cersanit is cutting 487 jobs across five Polish plants. Why have energy costs become the breaking point?
Cersanit plans to eliminate 487 jobs across five Polish manufacturing locations as higher energy and raw-material costs collide with weaker orders, lower sales and disruption in Ukraine.
GFL Environmental closes C$6.4bn SECURE deal as 75m-share issuance reshapes equity base
GFL Environmental has completed its approximately C$6.4 billion acquisition of SECURE Waste Infrastructure, financing the transaction with cash, debt and more than 75 million new shares. Management still expects 12% to 15% adjusted free-cash-flow-per-share accretion, but the integration now adds a US$1 billion term loan and expands GFL's pre-close share count by roughly one-fifth.
KAP (JSE: KAP) operating profit rises 28% with no sales growth and shares surge 13%
Revenue was virtually unchanged at R29.61 billion, but operating profit before capital items increased 28% and HEPS rose 88%, creating a strong margin-recovery story despite another year without a dividend.
HFCL (NSE: HFCL) signs Rs 2,329cr global fibre deal extending revenue through 2029
The US$244 million agreement runs from 2027 through 2029 and requires multi-million fibre kilometres annually, giving HFCL a large long-duration export commitment after overseas revenue accelerated sharply.