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General business news
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Charles Schwab Q3 revenue reaches record $7.2bn as client assets grow
Charles Schwab reported record quarterly revenue and earnings as customers added $190.4 billion in net new assets, but a two-day share-price decline has sharpened attention on financing margins, lending growth and the sustainability of brokerage profitability.
October 19, 2026
EQT has secured a binding deal for Cleanaway at A$3.095 a share. What could shareholders receive?
Cleanaway Waste Management has signed a binding scheme implementation deed with EQT Infrastructure for an acquisition valued at approximately A$9.3 billion, with a possible fully franked special dividend and a March 2027 completion target, subject to regulatory, shareholder and court approvals.
October 19, 2026
MONEYME (ASX: MME) reports A$76m quarterly revenue and positive normalised profit
MONEYME has reported faster lending growth, improved credit performance and its third consecutive quarter of positive normalised profit, while retaining cautious full-year earnings guidance.
October 19, 2026
Travelers Q3 profit reaches $1.92bn as insurance margins strengthen despite catastrophe losses
The Travelers Companies delivered $9.18 in quarterly core earnings per share and record investment income, but higher catastrophe losses, nearly flat premiums and rising unrealised bond losses create a more complicated picture of its financial performance.
October 19, 2026
France protests trigger 1,800 arrests as Macron faces nationwide crisis
France faces widespread damage and political pressure after cost-of-living demonstrations turned violent in several cities, prompting mass arrests and an expected presidential address.
October 18, 2026
Royal Mail wants 2,500 fewer support roles. Can it afford a frontline retention problem too?
Royal Mail and the Communication Workers Union are heading into fresh talks as staff departures, delivery-model disputes and a separate 2,500-role restructuring collide before peak Christmas demand.
October 18, 2026
Rath AG nearly erased its first-half loss. Why is it now closing two European factories?
Rath AG will reorganise its European refractory manufacturing network and close production in MeiĂźen and Budapest after creditors extended financing at higher cost and demanded stronger security.
October 18, 2026
Langan promotes Ryan Linthicum to CEO as David Gockel remains executive chair
Engineering and environmental consultancy Langan has chosen 30-year company veteran Ryan Linthicum as its third chief executive, favouring internal continuity as infrastructure and data-centre demand expands.
October 18, 2026
Cambridge Investment Research restructures 6% of home-office workforce amid advisor growth
Cambridge Investment Research is separating from 60 home-office employees while insisting the roles themselves are not being eliminated, pointing to a skills and organisational redesign rather than conventional downsizing.
October 18, 2026
ManpowerGroup promotes Becky Frankiewicz to CEO as restructuring lifts Q3 profit
Becky Frankiewicz will become ManpowerGroup’s fifth chief executive as the staffing group tries to convert improving revenue, structural cost reductions and artificial intelligence investment into stronger profitability.
October 18, 2026