Releases

20928 items in section

Skyhawk Reports Positive Phase 1/2 Data for Huntington's Drug SKY-0515

Patients treated with Skyhawk Therapeutics’ oral therapy SKY-0515 showed no signs of Huntington’s disease progression over twelve months, according to interim data presented at the European Academy of Neurology. The findings indicate stabilization or improvement across all four clinical subcomponents of the disease, defying expected rates of functional and cognitive decline.

Samsung Biologics Deepens Sustainability Commitments in 2026 ESG Report

Samsung Biologics has accelerated its transition to renewable energy and expanded supply chain oversight, according to its 2026 ESG report released today. The Incheon-based CDMO increased its renewable energy usage to 39.8% while broadening the scope of its carbon emissions reporting to cover 63.7% of its value chain.

enCore Energy Secures NRC License for South Dakota Uranium Project

The U.S. Nuclear Regulatory Commission has granted a 20-year renewal of the Source Materials License for the Dewey Burdock project in South Dakota. This regulatory milestone completes the federal permitting process for the site, allowing enCore Energy to move forward with its plans for in-situ recovery uranium extraction.

Mercuria Secures $3.84 Billion Credit Facility Amid Market Volatility

With global commodity markets facing persistent instability, Geneva-based Mercuria Energy Trading has finalized a $3.84 billion multi-currency revolving credit facility. The syndication, which launched in April, drew significant interest from international lenders, ultimately exceeding the company’s initial target by $340 million despite a complex geopolitical climate.

Data Consultancy BBI Marks Decade of Infrastructure Growth

Sixty percent of AI projects currently fail to reach deployment because they lack AI-ready data, a structural gap that defines the mission of BBI as the Schaumburg-based firm marks its tenth anniversary. Since 2016, the consultancy has focused on building the backend architecture required to support modern enterprise analytics.

Americans Reject Innovation Hype in Favor of Local Utility

Nearly 8 in 10 Americans believe the nation is focusing its innovative energy on the wrong areas, according to a recent survey from PMI U.S. The data suggests that public patience for corporate rhetoric is wearing thin, with a clear preference for tangible problem-solving over high-tech novelty.

BingX Partners with Save the Children to Aid Balkan Youth

Cryptocurrency exchange BingX has launched a partnership with Save the Children Hong Kong to bolster humanitarian efforts in the Western Balkans. The initiative targets children impacted by migration, extreme poverty, and social exclusion, marking the charity's first formal collaboration with a digital asset firm.

A&L Plumbing rebrands as Test of Time to mark 50-year legacy

Fifty years after Alba and Lewis Ehrlich founded their modest plumbing shop in 1976, the family business is shedding its original moniker. Now rebranded as Test of Time Plumbing, Heating, Cooling & Electrical, the Boston-area firm is expanding its service footprint while keeping its third-generation leadership intact.

MSC Income Fund Names Nicholas Meserve as Future CEO

Nicholas T. Meserve will step into the role of CEO at MSC Income Fund in the fourth quarter of 2026, succeeding Dwayne L. Hyzak. The transition, part of a long-term board succession plan, will see Hyzak shift to the position of executive chairman to provide continued guidance.

Skyhawk Reports Positive Phase 1/2 Results for Huntington’s Drug SKY-0515

Patients with Huntington’s disease treated with Skyhawk Therapeutics’ oral drug SKY-0515 showed no clinical worsening after twelve months, according to interim data from a Phase 1/2 trial. The findings, presented at the European Academy of Neurology, suggest the small molecule therapy may stabilize disease progression in early-stage participants.

transcosmos Secures Financial Services Intermediary Status in Japan

With registration number 27 now officially granted by the Kanto Local Finance Bureau, Tokyo-based transcosmos is moving beyond standard outsourcing to handle direct financial transactions. The company plans to integrate digital touchpoints with back-office execution to support deposit, lending, and securities operations for its institutional clients.

Kechie ERP Adds Real-Time Route Sales to Inventory Management

Irvine-based My Office Apps is integrating direct store delivery capabilities directly into its Kechie ERP platform, allowing mobile field sales to sync instantly with warehouse and accounting databases. This update eliminates the need for manual reconciliation by treating delivery vehicles as active, tracked nodes within the company’s inventory ecosystem.

7-Eleven Highlights Sustainability and Philanthropy in 2025 Impact Report

With a donation exceeding $14 million to children’s hospitals, 7-Eleven, Inc. is framing its 2025 business strategy around social responsibility. The Irving-based retailer’s latest impact report details a push to balance its massive convenience-store footprint with energy-efficient upgrades and reduced plastic waste across its private-brand packaging.

Data Center Liquid Cooling Manifolds Market Projected to Hit $6.33 Billion

The global market for data center liquid-cooling manifolds is set for rapid expansion, projected to grow from $0.94 billion in 2026 to $6.33 billion by 2033. Driven by the intense thermal demands of AI training clusters and high-performance computing, the sector is expected to maintain a compound annual growth rate of 31.2%.

Luxury Houses Pivot to AI as Consumer Adoption Outpaces Strategy

Eighty-two percent of top-tier luxury consumers now integrate artificial intelligence into their purchasing journeys, yet the brands they buy from are struggling to keep pace. While AI has vaulted into the top three corporate priorities for 22% of luxury houses, real-world deployment remains largely experimental.

Kennametal Names Amanda Cole as New HR Chief

After two decades of service, Kennametal human resources leader Judith Bacchus will retire this October, prompting the industrial technology firm to appoint Amanda Cole as her successor. Cole, arriving from Wesco International, takes the helm on July 21 to guide the company's global talent and corporate culture strategy.

TriNetX Founder Gadi Lachman Joins Srotas Health Board

Seventy years after the landmark Salk polio trial relied on paper forms and telephone calls, the clinical trial recruitment process remains largely stagnant. Srotas Health is attempting to break this cycle by appointing Gadi Lachman, the founder of global data infrastructure firm TriNetX, to its board of directors.

ATRenew Targets Waste-Free Future in 2025 ESG Report

Shanghai-based electronics recycler ATRenew has published its 2025 ESG report, highlighting a 9.5% reduction in carbon emissions intensity and significant gains in AI-driven automated inspection. The company, a 2025 Earthshot Prize finalist, continues to scale its circular economy model through enhanced green finance and integrity-led governance.

Basanite Eyes Somaliland Gold With $2 Million Processing Plant Deal

Basanite Inc. has signed a term sheet to acquire a 40% stake in the Goroya Cawl gold processing plant in Somaliland, marking a strategic expansion into the Horn of Africa’s mineral sector. The deal, supported by a $400,000 bridge deposit from the Somali American Minerals Company, targets a final closing within 30 days.

Sportradar Investors Face July 17 Deadline in Securities Class Action

Investors who purchased Sportradar Group AG shares between November 2024 and April 2026 have until July 17, 2026, to seek appointment as lead plaintiff in a federal class action lawsuit. The litigation claims the company misled shareholders regarding its compliance standards and business practices with black-market gambling operators.

Oman and France Forge Major Renewable Energy and Tech Partnership

During an official state visit to Paris, Sultan Haitham bin Tarik Al Said and President Emmanuel Macron oversaw the signing of three strategic agreements, cementing a long-term collaboration between Oman and French energy giant EDF to overhaul the Sultanate's power infrastructure and digital capabilities.

GRAIL Investors File Securities Class Action Following Trial Results

A 50.55% collapse in GRAIL, Inc. stock triggered a federal securities class action lawsuit filed by Bleichmar Fonti & Auld LLP. The complaint alleges that the healthcare company misled investors regarding the design and efficacy of its NHS-Galleri cancer screening trial, failing to meet critical clinical endpoints.

Gildan Faces Securities Investigation Following 18% Stock Plunge

A sharp 18.75% drop in Gildan Activewear’s share price has triggered a formal investigation by law firm Bleichmar Fonti & Auld. The probe centers on allegations of channel stuffing, a practice purportedly used to artificially inflate revenue and mislead investors regarding the company's true financial growth trajectory.

Microsoft Faces Securities Fraud Lawsuit Over Copilot Performance

A securities fraud class action has been filed against Microsoft following a 10% stock drop in January 2026. Investors allege the company misled shareholders regarding the actual functionality and user adoption rates of its Copilot AI chatbot and the subsequent impact on its Azure cloud platform growth.

Sinopec Wins ESG Award for Cross-Border Carbon Management

In Mainz, Germany, China Petroleum & Chemical Corporation received the Social Responsibility Best Practice award during the third Sino-European Corporate ESG conference. The recognition highlights the company's full-chain carbon management initiatives, specifically its efforts to bridge Chinese and European environmental standards through collaborative innovation.

Raft and Parsons Join Forces to Modernize Indo-Pacific Defense Tech

Military forces across the Indo-Pacific face a rapidly shifting landscape where vast distances and sophisticated adversaries demand faster decision-making. To address these challenges, defense technology firm Raft has integrated Parsons Corporation into its strategic partner program, aiming to accelerate the deployment of artificial intelligence and data-driven mission capabilities.

Eskom and Huawei Launch Digital Hub to Tackle Grid Instability

A new modernisation centre in Johannesburg signals a shift in South Africa’s energy strategy, as Eskom and Huawei unite to bridge the country’s digital skills gap. By integrating smart classroom technology into the utility’s learning academy, the partners aim to stabilize power operations and alleviate persistent load shedding through localized expertise.

Canada and Croatia Partner in $150M Sovereign Drone Manufacturing Deal

Canada has become the first non-EU nation to join the Security Action For Europe initiative, signaling a major shift in defense industrial policy. The move is anchored by a $150 million partnership between Remote Robotic Systems and Croatian firm Orqa, aimed at establishing localized production of advanced uncrewed aerial systems.

Cytonics Concludes Phase 1 Trials for Osteoarthritis Drug CYT-108

Jupiter-based biopharmaceutical firm Cytonics Corporation has finalized the clinical study report for its first-in-human trial of CYT-108, a recombinant protein therapy designed to treat knee osteoarthritis. The milestone transitions the company toward upcoming Phase 1b/2a development stages and broader regulatory engagement for its lead biologic candidate.

CGI Gains Microsoft Certified Software Status for Government ERP

CGI has secured the Solutions Partner with certified software designation within the Microsoft AI Cloud Partner Program for its CGI Advantage platform. This milestone validates the interoperability of the firm’s government-focused enterprise resource planning software with Microsoft’s cloud infrastructure, signaling a push to deepen public sector digital transformation through AI.