Earnings & Results ·
Bajaj Finance Opens a Nearly 100-Company Q2 Week With No Results on Dusshera
Bajaj Finance reports Q2 results on October 19 as nearly 100 companies file this week, with no results on Tuesday for the Dusshera market holiday.
Daily business news: funding, M&A, launches
139 stories: 29 product launches, 19 expansions and 15 partnerships. Newest first, times in UTC.
Earnings & Results ·
Bajaj Finance reports Q2 results on October 19 as nearly 100 companies file this week, with no results on Tuesday for the Dusshera market holiday.
Business ·
Gloo awarded $200,000 in prizes at its 2026 AI Hackathon, with an Austin Christian University team taking $100,000 for Fosterly.
Research & Clinical Trials ·
Eikon Therapeutics published seven abstracts covering four clinical candidates for the 2026 ESMO Congress in Madrid.
Research & Clinical Trials ·
Zentalis reported a 15.8-month median overall survival in Cyclin E1-positive platinum-resistant ovarian cancer patients on azenosertib monotherapy.
Research & Clinical Trials ·
BioInvent published Phase 1/2a BI-1808 plus pembrolizumab data showing a 10.3-month iRECIST median PFS and set a randomized triplet study for Q1 2027.
Leadership ·
Alison McQuarrie, less than three months into her Everpure ANZ partner role, is investing in MSPs and data sovereignty to grow storage-as-a-service.
Research & Clinical Trials ·
VeraDermics will host an October 19, 2026 call on topline results from Part A of its Phase 3 '304' trial of VDPHL01 in more than 500 men.
Product Launches ·
AMS Barging christened the 9,000 m³ methanol-ready tanker Felicitas in Rotterdam, lifting its inland fleet to 17 vessels.
Research & Clinical Trials ·
Natera will present 20 abstracts at ESMO 2026 in Madrid, including data on Signatera Genome detecting ctDNA below 1 part per 10 million.
Research & Clinical Trials ·
Incyte will present KRAS G12D and TGFβR2×PD-1 oncology data at ESMO 2026 and host an investor webcast on October 26 to discuss the results and portfolio updates.
Research & Clinical Trials ·
AbbVie will present new and updated data on seven solid tumor assets at ESMO 2026 in Madrid, including Temab-A, ABBV-706 and Elahere.
Product Launches ·
Costa Cruises launched six themed winter 2026-27 experiences across 66 cruises, spanning the Mediterranean, Canary Islands and Caribbean.
Research & Clinical Trials ·
Cambria Gold Mines reported 98.56 g/t gold over 8.2 metres at Silver Coin and plans underground development there in spring 2027.
Expansion ·
Qantas Freight and Australia Post received the first of three Airbus A321P2F freighters, lifting network capacity up to 20% ahead of the Christmas peak.
Legal & Disputes ·
Halper Sadeh LLC is investigating Bumble's $6.05 per share sale to Ithaca Holdings over whether the board breached its duties to shareholders.
Business ·
Ethan Allen will hold its 2026 annual shareholder meeting on November 4, 2026, with shareholders voting on board seats at the Danbury-based furniture maker.
Leadership ·
Evercore appointed Nigel Dawn and Naveen Nataraj as co-presidents effective next year, per a Financial Times report.
Product Launches ·
Boss Fight Studio opens pre-orders for its sold-out Hellboy 1:12 figure in a $79.99 Box Full of Evil bundle, with a Q1 2027 release window.
Expansion ·
Wolley Movers Chicago is allocating additional crew hours to senior moving work as downsizing across Cook.
Leadership ·
Geobear appointed Craig Macklin as UK managing director, drawing on 30 years in ground engineering and a Franki Foundations UK tenure that lifted turnover to £50 million.
Leadership ·
Parklane Plowden has appointed John Cleland, formerly of Pinsent Masons, as non-executive chair to support the chambers' strategic growth plans.
Leadership ·
Browne Jacobson has appointed David Hill as a partner in its health and life sciences practice, joining from Blake Morgan to advise NHS and HealthTech clients.
Leadership ·
SolutionsHub appointed Tommy Corlett, who spent nine years at the Isle of Man Gambling Supervision Commission.
Product Launches ·
WisdomTree launched WSLS and WTAL on the Texas Stock Exchange, two AI-driven long/short ETFs charging 0.88% a year for hedge fund-style strategies.
Legal & Disputes ·
Crypto.com and Novig filed federal lawsuits on October 16, 2026, challenging Missouri's sports wagering laws.
Product Launches ·
TradeTek Software released TradeTek 4.0 with AI automation, a shared job cache and a Dirt Work Bundle, priced from $99 per month with annual discounts.
Product Launches ·
Toyota Ireland's 271 range adds the RAV4 Plug-In Hybrid from €47,790 and a refreshed Yaris Cross, with trade-in boosters up to €2,500 or APR from 3.9%.
Business ·
HelloNation published an article explaining federal DOT propane cylinder inspection and requalification steps in Port Neches, Texas.
Expansion ·
PetroChina will restart a mothballed crude unit at its Dalian refinery in November, processing 500,000-600,000 metric tons monthly to rebuild domestic fuel stocks.
Partnerships ·
Boursa Kuwait held its 11th UK roadshow with Jefferies and the CMA from October 19 to 21, 2026, showcasing a bonds and sukuk platform and an ETF framework.
Partnerships ·
Google guaranteed about $3.2 billion of Fluidstack lease obligations at TeraWulf's Lake Mariner campus and took warrants for roughly 14% of the company.
Product Launches ·
Gurgaon Civil Hospital now lets patients book OPD appointments online and pay by UPI, with inpatient charges at Rs 10 per day and MLC reports at Rs 250.
Expansion ·
Istanbul Airport has lifted jet fuel storage to 350 million litres, enough for three weeks of flights.
Legal & Disputes ·
Sentebale paused its defamation claim against Prince Harry after income fell 20% to £2m in 2025, with net assets down to £250,000 and £342,000 raised in donations.
Business ·
The HSE overpaid staff more than €30 million in three years, with €9.53 million identified last year and €4.3 million still outstanding at year-end.
Product Launches ·
Tubi is developing an R.L. Stine cinematic universe with Jem Garrard, following Pumpkinhead 2's October 9 debut and a planned Afraid of Clowns film.
Product Launches ·
Stacks will open Bond 3 around November 10 and ship Epoch 4.1 in early December, after Bitcoin Staking drew 735 BTC across two phases.
Product Launches ·
Costa Coffee has upgraded over 10,000 UK supermarket machines with new recipes and software, part of an investment spanning more than 13,000 machines.
Leadership ·
Dorothea Wenzel will step down as Lundbeck chair at the 2027 AGM, with Lars Fruergaard Jørgensen set to succeed her after joining as an observer.
Expansion ·
Vodacom has broken ground on an Egypt data centre with $200 million in first-phase investment, part of an AI-first strategy that also covers Kenya and South Africa.
Incidents ·
A cyberattack on Oracle Health's legacy Cerner systems compromised the personal and medical data of nearly 20 million people, state filings show.
Partnerships ·
Rockstar Games and Wynwood Walls will give Miami-Dade residents free museum admission through 2028 and unveil ten murals that appear in GTA VI.
Business ·
Jenton International won the Innovative Processing System award at the Automate UK Awards 2026 for UV-C decontamination of food powders developed.
Product Launches ·
3G Shielding Specialties launched a no-charge cross-reference service that matches competitor EMI gaskets and shield cans by specification.
Product Launches ·
Hulu added all five Hunger Games films on October 14, plus the 2025 horror debuts Companion and Wolf Man, ahead of Sunrise on the Reaping in theaters.
Business ·
DoorDash's second-annual Battle of the Slices list names two Portland pizzerias, drawn from nearly 30 million pizza orders placed in 2025.
Product Launches ·
Northeast Frontier Railway introduced enhanced on-board services on five superfast trains, with complaints targeted for resolution within two hours.
Product Launches ·
Jordan's Social Security Corporation adds a Swift Response to Complaints feature and a public proposal platform to its mobile app.
Product Launches ·
HBO Max adds Anyone But You, which grossed $220 million worldwide, and Olivia Wilde's The Invite in its October 19 to 25, 2026 release window.
Earnings & Results ·
Tech Mahindra added 5,446 net employees in the September quarter, ahead of TCS's 4,258, as IT firms shift to demand-triggered hiring and campus intakes.
Product Launches ·
Pets at Home has launched a Halloween collection for dogs and cats, with a coffin bed at £18 and a pumpkin sweater at £10.
Business ·
Forbes Middle East names 145 executives to its 2026 Sustainability Leaders list, with the UAE leading at 75 entries and Saudi Arabia at 29 across 17 sectors.
Incidents ·
Waitrose recalls its 115g tuna pâté after a labelling error printed a use-by date of December 17, 2026 instead of October 17, 2026.
Legal & Disputes ·
A Florida judge refused Tesla's request to pause a wrongful-death trial over a 2021 Model 3 crash, keeping the case in Broward County ahead of a November 30 trial.
Business ·
Inchydoney Island Lodge & Spa won Europe's Leading Island Resort 2026 at the World Travel Awards, adding to its Ireland's Leading Hotel 2025 title.
Legal & Disputes ·
Ford and Bluebonnet Ford resolved a wrongful death suit over a 2023 F-250 that ran over Roy Irwin, with settlement terms undisclosed before trial.
Divestitures ·
Session Taco and LaPeZ Mod Mex closed their last St. Louis restaurants on October 17, 2026, ending a decade of operation for the Tilford Restaurant Group.
Partnerships ·
Lucasfilm Games executive Douglas Reilly says the studio is taking Star Wars pitches from more partners.
Business ·
UCO Bank has opened 530 apprentice vacancies for 2026, with applications running to October 29 and an online exam set for November 7.
Business ·
Kerry Consulting was named Singapore's Best Workplace in Executive Recruitment for 2026, with 92% of staff saying they want to stay and no retrenchments in 23 years.
Mergers & Acquisitions ·
Freeths advised Italian cycling group MVC on its acquisition of Bristol bikepacking brand Tailfin, which reported nearly €10 million in 2025 revenues.
Expansion ·
Jazeera Airways received its first A320neo in Kuwait, the first of 26 Airbus aircraft, as the carrier targets a 50-plane fleet and 100 destinations by 2030.
Product Launches ·
Far East Organization sold 25 of 113 released units at The Serra Residences, averaging S$3,460 psf, with prices from S$2.2 million at the Novena project.
Mergers & Acquisitions ·
Manasum Senior Living acquired all 164 units in a Signature Global Gurugram tower for about Rs.480 crore, its first project in the National Capital Region.
Product Launches ·
SocialRoots.ai launched an AI Agentic Caller and SMS outreach through GridSocial to help health centers reach Medicaid members before January 1.
Business ·
UFC Fight Night 291 fighters earned $186,500 in Promotional Guidelines Compliance pay, with no athlete reaching the $21,000 experience tier.
Expansion ·
JMJ Group Holding opened The OQ Residences Waterfront in Lusail's Waterfront District, a GSAS-certified development extending The OQ brand into residential living.
Funding ·
The Bank of Punjab closed a PKR 17 billion syndicated Islamic facility for Novacare Hospitals, backing a 250-bed Islamabad hospital.
Partnerships ·
talkSPORT is considering a bid for UK Formula 1 radio rights, a move that could end the BBC's 32-year run as the sport's radio home after 2027.
Product Launches ·
Linktel Technologies showcased 1.6T LPO modules drawing 10W at OCP 2026, alongside 12.8T liquid-cooled XPO and 6.4T/7.2T NPO modules for AI data centers.
Partnerships ·
SCALE AI, Qatar University and MCIT signed an agreement to build the National Co-Advisor Platform, an AI advising tool giving students 24/7 academic guidance.
Regulation & Approvals ·
Xcel Energy proposed freezing Minnesota electric rates for two years, postponing increases until at least November 2028.
Restructuring ·
Ortelius International will prepare a control balance sheet after Q3 work indicated equity may be less than half of registered share capital.
Expansion ·
Le Must launched its plastic-free luxury condiment range in the UAE, with Mazal Hospitality distributing and ABC Ventures leading market development.
Expansion ·
Oman opened its first national pavilion at SIAL Paris 2026, bringing four government entities and seven food companies to an expo of 8,000 exhibitors.
Partnerships ·
OpenAI is in talks to revive its Sora text-to-video model through a startup co-founded by Jeffrey Katzenberg and Bill Peebles.
Business ·
Huawei Nepal hosted its ISP Event 2026 on October 17, gathering internet service providers to discuss AI-driven networks, VSaaS, WaaS and MSP transitions.
Expansion ·
Global Sources opened Phase II of its October Hong Kong Shows on October 18, 2026, with 2,100 suppliers.
Product Launches ·
Fujifilm's HX1024 Printbar System prints full-color graphics on house wrap and drywall at up to 500 feet per minute.
Expansion ·
Roblox held an India event and released an economic impact report citing 500 million gamers and 76% daily active user growth.
Mergers & Acquisitions ·
Chuan and Anna Tsay acquired Bida Manda, Raleigh's Laotian restaurant, in a seven-figure deal combining cash and prior debt, with a menu refresh planned.
Regulation & Approvals ·
The IRS disallowed a $662,000 Kinexus Group pandemic credit claim, and three Michigan counties are drafting a new workforce board to replace the nonprofit.
Partnerships ·
Ceremian Financial aligns with Vanderbilt Financial Group, giving Moshe Alpert's firm an open-architecture platform for high-net-worth clients.
Earnings & Results ·
Moody's revised OYO parent Prism's outlook to positive, expecting EBITDA near ₹3,000 crore as the company seeks ₹6,650 crore in its IPO.
Partnerships ·
JourneyLabel partnered with San Francisco Travel and SFO to launch an India-focused luxury travel campaign.
Expansion ·
Trisha Sandbothe opened Needle & Knot Needlepoint at 631 W. McCarty St., a companion to her Initially Yours gift shop.
Legal & Disputes ·
Five north Minneapolis residents sued Owens Corning over odors and air pollution from its shingle plant, seeking unspecified damages.
Earnings & Results ·
Adani Energy Solutions will consider Q2FY27 and H1FY27 results at its October 22 board meeting, with an investor call on October 23, Mint reported.
Restructuring ·
CISF will realign its territorial sectors into industry-specific units from November 1 under a Ministry of Home Affairs-approved reorganisation.
Business ·
Bandhan Financial Services will explore health insurance once three recent acquisitions stabilise, chairman Chandra Sekhar Ghosh said.
Legal & Disputes ·
More than 200 FedEx drivers in South Carolina filed overtime lawsuits, part of roughly 10,000 cases the company must answer across federal courts.
Product Launches ·
Dreame's Ecceluxe Go portable espresso maker heats its own water and brews three pod types plus grounds, with US, Portugal and Spain release by year-end.
Expansion ·
Yura Corporation will invest $5 million and create 55 jobs at a Bloomingdale plant making wiring harnesses and electronic modules for Hyundai's Georgia metaplant.
Product Launches ·
Auto Gallery proposed electric trucks and CATL energy storage systems to Armenia's mining sector at the Mining Armenia Forum 2026.
Leadership ·
Talabat appointed Zain Bashir as Managing Director of talabat Bahrain, drawing on 13 years of regional leadership to oversee operations and partner growth.
Legal & Disputes ·
Schneider Electric Infrastructure's appeal against a FY18 input tax credit claim was rejected, upholding a ₹10.08 lakh liability plus interest.
Regulation & Approvals ·
An Income Tax Department survey found discrepancies in nearly 25,000 properties worth ₹55,000 crore, with experts explaining the ₹30 lakh reporting threshold.
Partnerships ·
UNDP renews its strategic partnership with Sustainability Forum Middle East, extending a Memorandum of Understanding through the end of 2027.
Partnerships ·
Oman Air and Finnair launched a codeshare partnership, Oman Air's first since joining oneworld in June 2025, adding Helsinki and Melbourne connections.
Expansion ·
NTR Vaidya Seva Trust says medical reimbursement claims now clear in a month, with 41,276 pending bills worth ₹152.95 crore processed so far.
Legal & Disputes ·
Delhi High Court quashed Enforcement Directorate lookout circulars against Sanjay Dangi and Amit Dangi in the Reliance Home Finance money laundering probe.
Mergers & Acquisitions ·
MSM Unify India acquired majority stakes in KlickEdu and RJ Vision, adding allied healthcare colleges and a plan to reach 30,000 students in Gujarat.
Expansion ·
Mado Turkish Restaurant opened at 101 Florida Road in Durban, importing fittings from Türkiye and targeting Johannesburg and Cape Town by 2027.
Expansion ·
Lakeside Shopping Centre is adding Lego's first Essex store, Lefties' second UK shop and Frurt's 18th UK location in 2026, with hoardings coming down.
Earnings & Results ·
Condé Nast's UK arm posted pre-tax profits of nearly £18m, down 36%, as revenues fell 7% to £70.6m and the Newhouse family ruled out a sale.
Legal & Disputes ·
JSW Steel won quashing of a ₹696.32 crore iron ore dispatch demand, while a ₹1,472.69 crore demand was set aside and remitted for fresh assessment.
Partnerships ·
EDF Power Solutions joins the International Energy Forum's Industry Advisory Council to advise policymakers on grid integration.
Regulation & Approvals ·
TMG Industrial's PVC 900 shelter fabric passed NFPA 701 flame-propagation testing, with all 10 samples recording zero seconds of afterflame.
Product Launches ·
U-topia opened its self-custody money app public beta in more than 50 countries, announced at a Bangkok summit that drew 700 attendees and 500 hackers.
Legal & Disputes ·
Doctors Co. for Medical Projects seeks SAR 335.38 million from Mouwasat over a 32.42% Jeddah Doctors share transfer.
Product Launches ·
Mitsubishi Motors Qatar launched a special offer on four SUVs with monthly payments from QR1,144 to QR1,902, free registration.
Business ·
BAE Systems Submarines is hiring about 30 graduates in Barrow with £34,000 starting pay and a £2,000 welcome payment across eight disciplines.
Incidents ·
BYOD published 3,615 Trump Mobile customer records after the company allegedly said it had no breach team, exposing contact and order details.
Expansion ·
Seona Couture reports a steep rise in online orders for embroidered children's ethnic wear and is scaling up fulfillment across Tier-1 and Tier-2 cities.
Divestitures ·
Microsoft has withdrawn from Nscale's Loughton data centre agreement, leaving the UK site without its anchor tenant.
Restructuring ·
IDBI Bank unions called a two-day hunger strike on November 2-3 over the ₹52,878 crore sale of a 60.72% stake to Canada Inc..
Partnerships ·
Johnsons Coaches becomes an official sponsor of Birmingham Moseley Rugby Club, offering discounted coach travel to schools through the club's Foundation.
Product Launches ·
Grayscale and Republic opened three crypto funds on October 15 with a $2,500 minimum, holding UNI, AAVE, ONDO.
Regulation & Approvals ·
Lake District National Park Authority approved a Derwentwater Hotel expansion with a ballroom, café and eight bedrooms despite a flood authority drainage objection.
Expansion ·
Curran Young Construction has started an interior renovation of Cole, Scott & Kissane's Fort Myers office.
Product Launches ·
Signpost India launched Majestic Canvas, a 16,000 sq. ft. projection mapping experience at Bengaluru's Majestic Metro.
Product Launches ·
Phillips Connect launched Insights, a smart trailer feature that flags slow tire leaks, blowouts and lighting faults, starting with tires and lights.
Product Launches ·
Makita is adding two rolling toolboxes and an accessory case to its MakTrak modular storage line, with each rolling cart rated to hold just over 250 pounds.
Regulation & Approvals ·
Denver Water issued about $175,500 in citations for water restriction violations from October 1 to October 12, with 297 substantiated reports.
Leadership ·
Ethio Telecom appointed Tariku Demissie as interim CEO after Frehiwot Tamru left for government, as the operator reported 215.82 billion birr in revenue.
Expansion ·
AAKA Space will run a 24-hour underwater spaceflight analog trial in Gujarat in December, followed by a 72-hour mission in March 2027.
Earnings & Results ·
Wintrust Financial reports earnings Monday after the bell, with analysts expecting 8.3% revenue growth after last quarter's $739.5 million.
Partnerships ·
Canton Fair launched a Buyers Alliance of 58 companies from 32 countries on October 15, offering priority services, events, resources and information.
Earnings & Results ·
L&T Technology Services will announce Q2 FY27 results on October 19, with the board also considering an interim dividend for the quarter ended September 30, 2026.
Partnerships ·
Al Koot members gain direct billing across all medical services and clinics at The View Hospital under a renewed agreement signed by both companies' chief executives.
Regulation & Approvals ·
ANTT is auditing R$1.16 billion Vale claims to have invested in the Carajás railway, checking 384 records that feed into the concession settlement.
Product Launches ·
Asia Motors launched the SOUEAST S08 and S08 DM in Bahrain, with a 2.0-litre turbo petrol engine or a Super Hybrid offering up to 85 km of electric range.
Legal & Disputes ·
Schall, Brown & Schwartz is investigating Syndax Pharmaceuticals for securities law violations after its Phase 2 MAXPIRe trial missed its primary endpoint.
Funding ·
Antheia received an $80 million conditional loan from the Department of War's Office of Strategic Capital to onshore production of key drug ingredients.
Legal & Disputes ·
Schall, Brown & Schwartz is investigating Fox Factory over alleged misleading statements after the company cut FY2026 sales guidance and shares fell 13.3%.
Regulation & Approvals ·
Dairy Development Corporation will pay farmers every fortnight from January 2027, following a Supreme Court order.
Contracts & Customers ·
Northrop Grumman's LITEF unit signed a long-term deal to supply inertial reference systems for Vertical Aerospace's Valo eVTOL aircraft program.
Business ·
Salem Kalmoni, managing director of Japan Motors, was named Marketing Man of the Year at CIMG's 37th awards, presented in Accra on October 17, 2026.
Incidents ·
San Diego Gas & Electric's Circuit 197 lost power to 496 customers two minutes before the Norte fire broke out in San Clemente.