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General business news
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Brookfield earnings rise 15% as record $210bn capital pool fuels next investment wave
Brookfield earnings rose 15% as deployable capital hit a record $210 billion. See how Oaktree, Just Group and buybacks shape growth.
August 13, 2026
Russian attack damages key Danube grain port as Romania scrambles fighter jets
Russia strikes Ukraine’s Izmail grain port as Romania scrambles jets, while exports plunge 76% and Kyiv seeks more Patriot missiles.
August 13, 2026
Nearly 69% of Intuitive Machines’s $1.76bn backlog comes from one acquisition and one satellite program
Intuitive Machines, Inc.’s backlog has surged to $1.76 billion, but at least $1.21 billion comes from acquired Lanteris work and one commercial satellite program. The remaining book is still more than twice its entire year-end 2025 backlog.
August 13, 2026
Applied Aerospace & Defense revenue jumps 47% as backlog crosses $1.1bn
Applied Aerospace & Defense reports 47% Q2 revenue growth and $1.1bn backlog. See what the first $AADX earnings test means for investors.
August 13, 2026
Intuitive Machines revenue tops $206m as $1.8bn backlog transforms growth outlook
Intuitive Machines backlog hit $1.8 billion as Q2 revenue quadrupled. See why widening losses make the 2026 growth target a major test.
August 13, 2026
Ancora’s $1.2bn bid equals 36% of H.B. Fuller Company’s market value for a unit producing 21% of H1 EBITDA
Building Adhesive Solutions produced about 25% of H.B. Fuller Company’s first-half revenue but only 21% of segment EBITDA. Ancora’s offer reaches roughly 36% of the parent company’s current market value.
August 13, 2026
Muthoot Fincorp files Rs 3,000cr IPO after profit surge as gold-loan growth tests capital discipline
Muthoot Fincorp has filed for a ₹3,000 crore IPO after a sharp increase in FY26 earnings and assets under management. Fresh equity could strengthen the balance sheet for another phase of gold-loan growth, but leverage, funding costs and the sustainability of recent profitability will shape the eventual valuation.
August 13, 2026
Los Angeles Lakers to be sold to Josh Kushner and Bob Iger for over $12bn
Josh Kushner and Bob Iger's $12.5 billion Lakers deal resets NBA franchise pricing just 10 months after Mark Walter's own record $10 billion purchase.
August 13, 2026
Cleanaway gets A$9.4bn EQT proposal as A$3.13 offer puts 20x EBIT valuation on ASX: CWY
Cleanaway’s A$9.4bn EQT proposal offers A$3.13 a share, but due diligence, approvals and a 20x EBIT valuation still separate the bid from a final deal.
August 13, 2026
Inside the BofA and Jio Credit deal: Equity, warrants and the road to closing
Bank of America's $1.9 billion, up to 49.9% Jio Credit stake implies a $3.8 billion NBFC valuation and extends foreign capital's Indian lender push.
August 13, 2026