Daily business news: funding, M&A, launches
51 stories: 12 product launches, 10 earnings reports and 6 leadership changes. Newest first, times in UTC.
Leadership ·
Singtel group CEO Yuen Kuan Moon sold two million shares at S$4.074 apiece for about S$8.2 million, cutting his direct stake to 7.7 million shares.
Leadership ·
GoGoMeds appointed Harish Panchal as chief executive officer, succeeding Cole Maudlin. Panchal brings 25 years of healthcare technology and commercial experience.
Expansion ·
Invest Bangladesh opened its first overseas office in Guangzhou to draw Chinese investors, as China supplied $321.15 million in net FDI to Bangladesh in 2025.
Business ·
The Manatee Chamber of Commerce won Florida Chamber of the Year for the sixth time, and CEO Jacki Dezelski was named 2026 Chamber Executive of the Year.
Leadership ·
Terri Long becomes Vice President, Human Resources – Digital & Enterprise Transformation at Honeywell Technologies.
Leadership ·
Poonawalla Fincorp elevated Hitesh Ruprela, previously Head Applications, to Senior Vice President Information Technology.
Product Launches ·
NeuroKaire will demonstrate its BrightKaire blood test at HLTH 2026, ranking antidepressants by patient neuron response.
Earnings & Results ·
Riyad Bank's net special commission income rose 9.4% year on year to SAR 3.48 billion in Q3 2026, the only earnings metric disclosed for the quarter.
Earnings & Results ·
FIBI Holding's third-quarter net profit fell 12.6% to NIS 581 million as the Smotrich bank levy and rate cuts weighed.
Regulation & Approvals ·
Malaysia's Communications Ministry is studying whether WhatsApp must verify phone numbers linked to accounts.
Product Launches ·
Babbel's lifetime subscription for 14 languages costs $199.20 through StackSocial, down from $599, for new U.S. users only.
Leadership ·
NVIDIA robotics engineer Darrell Dai resigned after Jensen Huang's exit, saying he felt unheard on the leadership change and questioning the company's direction.
Regulation & Approvals ·
Dubai's RTA launched a five-star rating for taxi companies, with top operators earning seven extra plates.
Leadership ·
Medro Advisors is recruiting advisors with business or real estate experience to support its growth, inviting candidates to start a conversation via its website.
IPOs & Listings ·
Kamarajar Port has hired SBI Capital, IDBI Capital and ICICI Securities for an IPO likely to include a ₹1,200 crore offer for sale.
Product Launches ·
Instagram is testing a sports selector that lets users pick favorite leagues and receive real-time updates.
Earnings & Results ·
Gulf Insurance Group reported 14.8 million dinars in Q3 net profit attributable and 28.5 million dinars in total operating revenue, with shares listed.
Expansion ·
Eversource is installing Massachusetts smart meters that record electricity use every 15 minutes, with opt-out charges and privacy drawing customer objections.
Expansion ·
Air India has restored non-stop flights on all four Delhi and Mumbai to New York routes, cutting journey times from about 22 hours to roughly 17 hours.
Partnerships ·
Applied Digital wants multi-billion-dollar parent guarantees from Oracle and Meta before signing new data-centre leases.
Incidents ·
IndiGo flight 6E 0623 landed safely in Pune with 192 people on board after its landing gear failed to retract.
Divestitures ·
Saudi Fisheries will sell its Riyadh headquarters land in Al-Malaz through an online public auction on Soum.Tech from November 22 to 25, 2026.
Product Launches ·
VectorTraders now trades perpetual futures for retail clients who deposit rather than place orders, as the firm manages more than $30 million across 90+ countries.
Product Launches ·
DataToBiz opens free Data Foundation Checklist 101 consultations for mid-sized and large firms, pairing a two-minute maturity assessment.
Product Launches ·
Deep Robotics field-tested its LYNX M20 robot dog at a 160-year-old island lighthouse, carrying a 15kg load up 145 steps and running inspection and night patrols.
Product Launches ·
Luvme Hair's Black Friday Early Access runs November 17-26, 2026, with up to $140 off qualifying orders and price protection through December 5.
Product Launches ·
WOMAP is inviting brand, retail and corporate marketing teams to submit briefs for activations, sampling and events.
Product Launches ·
HEALAND launched its 3-Step Ritual on Amazon in the U.S. on November 1, 2026, led by a silicone-free Glow Shampoo tested on 20 women.
Product Launches ·
Oman Shell launched Shell Intilaaqah with Flat6Labs to accelerate 15 Omani SMEs through a 3-to-4-month cycle, with applications open until December 24.
Earnings & Results ·
Sony's second-quarter operating income rose 45% to 622.3 billion yen as PlayStation monthly active users reached a record 127 million in September.
Business ·
Giriraj Singh toured Welspun's Anjar complex in Gujarat, reviewing spinning-to-bedsheet production and praising water recycling at the integrated site.
Business ·
Shell Nigeria won the Best IOC Exhibitor award at the 44th NAPE conference, where SNEPCo staff took a first runner-up paper prize and a technical presentation plaque.
Product Launches ·
Coral Expeditions has unveiled a 2027-28 small-ship programme with a 12-night Kimberley voyage, three ten-night Great Barrier Reef expeditions and five Indonesia sailings.
Mergers & Acquisitions ·
Arkia employees have until Monday afternoon to match a $45 million sale to a group led by Yariv Lerner.
Earnings & Results ·
TG Therapeutics raised its 2026 global revenue guidance to $1 billion after U.S. BRIUMVI sales rose 52% to $233 million in the third quarter.
Earnings & Results ·
Powell Industries reports Q3 results after market hours, following $311.7 million in revenue last quarter and an 11.2% growth estimate from analysts.
Partnerships ·
LifeMD signed direct fulfillment deals with Eli Lilly and Novo Nordisk for branded GLP-1 drugs and cut its introductory price to $39.
Partnerships ·
Piyush Goyal met Elsewedy Electric CEO Ahmed ElSewedy in Cairo to discuss electrical equipment, smart meters and data centres during a two-day India-Egypt visit.
Divestitures ·
Vestige Labs will close its Algorand DeFi website, API and swap aggregator on December 31, 2026, citing thin trading volume.
Earnings & Results ·
Cars.com reported record quarterly adjusted EBITDA and a margin near 31% on its Q3 2026 call, with $30 million to $35 million in annualized cost savings.
IPOs & Listings ·
Beta Bionics options held by directors, officers and significant stockholders leave a 61-day lock-up on November 15, 2026.
IPOs & Listings ·
Lincoln International's 180-day lock-up on 32,500 Class A shares ends November 15, 2026, with 78,000 rollover shares also becoming eligible for sale.
Business ·
DUKE Robotics warrants leave a 185-day lock-up on November 15, 2026, tied to a May offering that raised $9.2 million and a 180-day insider restriction.
Earnings & Results ·
Regis is holding off on refinancing its $121.1 million debt until June 2027, as Supercuts traffic fell 1.7% and franchisees closed 34 salons in the first quarter.
Earnings & Results ·
Ralph Lauren raised full-year guidance after second-quarter revenue and profit beat internal targets, with China revenue up over 35% and margins at 70%.
Funding ·
Verdict Machine closed a pre-seed round backed by Y Combinator, Draper Dragon and Gaingels to build AI security controls for on-chain finance institutions.
Contracts & Customers ·
Emmanuel Health will design, build and operate a 135-bed long-term care home in Estevan, backed by $144 million from Saskatchewan.
Regulation & Approvals ·
Advanced eClinical Training won New Jersey Eligible Training Provider List approval, opening workforce-funded allied health training to eligible residents.
Earnings & Results ·
Audi Korea passed 10,000 cumulative sales early this month, a month ahead of last year, as the redesigned A6 sedan sold 2,241 units from January to September.
Legal & Disputes ·
Edelson Lechtzin is investigating a potential class action over EZaccessMD's reported breach, which exposed names.
Product Launches ·
Commercial Bank of Qatar launched Miqdam, a banking segment for Qataris, with a QAR 20,000 Qatar Airways voucher for the first 100 members and preferential loan rates.