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October 29, 2026
Global developments shaping business, policy, and markets
Magellan Aerospace joins Saab’s Gripen Canada plan, but how much fighter jet manufacturing work could it secure?
Magellan Aerospace has signed a memorandum of understanding with Saab to explore manufacturing advanced structures for the Gripen E fighter in…
Vertiv (NYSE: VRT) jumps 16% as AI orders double. Can earnings keep up?
Vertiv shares surged after third-quarter revenue climbed 61% and organic orders more than doubled. But with a US$93.5 billion market valuation…
Boscia skincare brand acquired by The Center Brands and dermatologist Mamina Turegano ahead of 2027 relaunch
The Center Brands and dermatologist Mamina Turegano have acquired Japanese-inspired skincare label Boscia from FANCL Corporation, setting up a…
Marriott opens first EDITION hotel in Africa with 142-room Cape Town luxury development
Marriott International has introduced its EDITION luxury lifestyle brand to Africa through a landmark Cape Town opening, combining high-end…
Cheesecake Factory (CAKE) reports 15.2% comparable sales growth, but North Italia exposes a widening restaurant performance gap
The Cheesecake Factory Incorporated reported strong third-quarter revenue, profit and customer-traffic growth, but weaker performance at North…
Corning optical sales jump 44% to $2.38bn as AI demand accelerates, but solar losses persist
Corning reported 19% core sales growth and a 36% increase in core earnings per share as optical communications demand accelerated. Four…
