Daily business news: funding, M&A, launches
16 stories: 4 product launches, 2 acquisitions and 2 regulatory decisions. Newest first, times in UTC.
Product Launches ·
ISRO will launch NVS-03 on October 30, its third new-generation navigation satellite, aiming to restore NavIC positioning with four operational satellites.
Mergers & Acquisitions ·
Lincoln Property Company and DRA Advisors acquired a five-building Portland industrial portfolio of about 299,000 square feet.
Business ·
INPEX held its Investor Day 2026 on October 20, with CEO Takayuki Ueda presenting growth strategy, investment and shareholder return sessions.
Leadership ·
Ramsey Financial Group named Meagan Murphy Crawford a partner, promoting the former principal to lead its five-layer space capital stack initiative.
Product Launches ·
Game Show Battle Rooms Seattle – Bellevue launches its 2026 holiday campaign with themed game shows, catering and group events at Lincoln Square South.
Regulation & Approvals ·
Animal Outlook footage of force-feeding circulates as Washington, DC and Denver voters weigh ballot measures banning the sale of force-fed foie gras.
Legal & Disputes ·
Levi & Korsinsky is investigating SLM Corporation after the lender paused most third-party recovery activities and Q3 net charge-offs reached $90.4 million.
Regulation & Approvals ·
Southern Empire Resource will skip interim filings for the nine months ended August 31, 2026, and the quarter ending December 31, 2026.
Business ·
REA Group held its October 22, 2026 investor day, where CEO Cameron McIntyre outlined plans to grow advertising and customer solutions revenue.
Mergers & Acquisitions ·
Gilead Sciences agreed to buy Shanghai-based PepStar Therapeutics' experimental oral drug program for $1.275 billion in cash, gaining worldwide rights.
Product Launches ·
LEAP Group relaunched HumanView, a growth intelligence service that decodes millions of customer signals from social platforms, e-commerce and reviews.
Product Launches ·
Exotool released an MCP connector that lets Claude design applications its patented engine turns into executable software.
Business ·
Charles River Laboratories executive Shannon M. Parisotto sold 2,156 common shares for $742,547.96 and exercised 2,156 options.
Business ·
Snowflake director Benoit Dageville sold 50,000 common shares at $321.74 each on October 21, 2026, leaving 2,301,543 shares in the trust.
IPOs & Listings ·
PSE president Ramon Monzon is courting Maya for a Philippine listing after GCash's debut, as Maya prepares for a potential IPO next year.
Earnings & Results ·
UnionBank's nine-month net income rose 53% to P9.9 billion on wider lending margins and higher fees, as it plans to fold UnionDigital and UBX into the parent.