Earnings & Results ·
Caribbean Utilities Reports $17.5 Million Q3 2026 Net Earnings, Up $1.4 Million
Caribbean Utilities posted $17.5 million in Q3 2026 net earnings and $9.9 million in year-to-date fuel savings.
Daily business news: funding, M&A, launches
25 stories: 6 product launches, 6 partnerships and 4 earnings reports. Newest first, times in UTC.
Earnings & Results ·
Caribbean Utilities posted $17.5 million in Q3 2026 net earnings and $9.9 million in year-to-date fuel savings.
Restructuring ·
David Jones may enter voluntary administration within days after its owner rejected a Scentre Group lifeline.
Leadership ·
Renesas named Vivek Bhan CTO and Head of Engineering from January 1, 2027, with Gaurang Shah leading two product groups and Ananth Avva acting president of Altium.
Product Launches ·
1Finity released a full-stack AI-Native vRAN stack that runs AI and RAN workloads on shared NVIDIA GPUs, pairing its Open vRAN software with QCT.
Earnings & Results ·
BSE reported Q2 results on November 4, 2026, one of about 75 companies posting earnings that day, alongside Apollo Hospitals, Cummins India and Biocon.
Partnerships ·
Meiyume returns to Cosmopack Asia at Booth 3-C01 with BEACON, an immersive beauty navigation experience, plus an exclusive Hair & Body Mist partnership.
Earnings & Results ·
Novartis raised its full-year 2026 core operating income guidance to in-line to low-single-digit growth after 4% net sales growth and a 7% cut in SG&A.
Product Launches ·
More Than Scaling launched a YouTube advertising division pairing in-house video production with campaign management.
Leadership ·
Milestone Pharmaceuticals granted 33,000 options at $0.72 per share to one new hire under Nasdaq Listing Rule 5635(c)(4), vesting over four years.
Partnerships ·
Weta FX and TAICCA launch a three-strand partnership on November 6 at Taiwan Creative Content Fest to build Taiwan into an AI-driven screen production hub.
Leadership ·
Allan Gray Australia promoted Tim Hillier to co-portfolio manager of its Stable Fund, effective November 4, 2026, alongside Simon Mawhinney.
Expansion ·
Indus Towers aims for 100,000 solar-powered sites by FY29, up from 50,000 generating 300 MW, as it cuts diesel use and expands into three African markets.
Earnings & Results ·
Caverton Offshore Support Group lifted nine-month revenue 1.4% to N20.74bn, yet its after-tax loss widened to N13.79bn on depreciation and a prior one-off gain.
Product Launches ·
CZR Exchange has waived maker and taker fees on eligible CZR/USDT spot trades through November 30, 2026, applied automatically for verified users.
Product Launches ·
GreenCore Solutions launched an Agentic Shopping Hub letting FMCG brands list agents across 1.97 million points of sale in 20 markets.
Partnerships ·
Elitery and AWS closed the CendekiAwan Malaysia finale at Universiti Malaya, where 20 finalist teams pitched generative AI built on Amazon Bedrock.
Incidents ·
Enel São Paulo customers say bills only days late are sent to notary protest, drawing more than 3,700 complaints on Reclame Aqui this year.
Business ·
Three Maggiano, DiGirolamo & Lizzi partners were named to the 2026 New Jersey Super Lawyers list, and associate Mark Feuerstein made the Rising Stars list.
Partnerships ·
CStone Pharmaceuticals will lead Phase I development of Kimia Therapeutics' DNA damage response asset in mainland China and Australia.
Product Launches ·
Dongguan Fortuna Metals will exhibit in-mold riveting, welding and tapping at Electronica 2026 in Munich.
Expansion ·
Namib Minerals plans first gold at Redwing in November 2026, processing 3,600 tonnes monthly and ramping to 10,000 tonnes by Q2 2027.
Product Launches ·
Brewing Gadgets launched Champions Coffee at Gulf Host 2026, selling curated beans, machines and ongoing staff training to UAE hotels, offices and cafés.
Expansion ·
Happy Corner Hospitality opened Motek at 60 W. 57th St. on a $300-per-square-foot blended rent and plans Yalla Motek at 1147 Broadway on January 1.
Partnerships ·
Nammu21 and Google Cloud modeled a $1.945 billion Term Loan B as smart contracts on the Universal Ledger, targeting settlement that averaged 42 days.
Partnerships ·
Nike extends its Oregon State University partnership through 2031 and adds quarterback Braden Atkinson and wide receiver Jesse Legree to its Blue Ribbon Elite NIL roster.