Coty Announces Agreement With Kering for Early Transition of Gucci Beauty License July 7, 2026 Coty to receive approximately $400 million in consideration for the early termination plus sale of sufficient Gucci Beauty inventory to support the transition Coty to continue operating Gucci Beauty through at least June 30, 2027 Proceeds expected to support debt paydown, reinvestment in Coty’s core prestige fragrance and beauty brands, and optimization of organizational set-up
Modon’s Hudayriyat Golf Estates Sets UAE Record With More Than AED 13 Billion in Sales Within Days of Launch July 7, 2026 A record-breaking sales value for a residential project in the UAE The project comprises golf mansions, villas, and townhouses across Hudayriyat Island, Abu Dhabi 1,700 residences sold within days after the launch 15% non-UAE resident buyers 81% new customers to Modon
84% of Executives Prioritize AI—So Why Are Employees Still Losing a Full Day a Week to Manual Document Tasks? July 7, 2026 New research report by Nitro reveals that enterprise AI has reached mainstream deployment, but productivity is lagging, with workers still spending 11+ hours a week on manual document tasks.
Loomis Sayles Growth Equity Strategies Team Celebrates Twenty-Year Milestones July 7, 2026 Loomis, Sayles & Company, the century-old investment manager with nearly $418 billion in assets under management, proudly celebrates the 20-year anniversaries of the Loomis Sayles Large Cap Growth and the Loomis Sayles All Cap Growth strategies, as well as a differentiated approach to growth equity investing under the leadership of Aziz V. Hamzaogullari, CFA, the [...]
SS&C Expands Tokenized Investment Capabilities with Digital Cash Settlement July 7, 2026 Building on live tokenized fund issuance and distribution capabilities, SS&C extends its innovation roadmap to support the next stage of digital investment markets
Simpro Group Makes It RAIN — New Features and AI-Infused Enhancements Delivered at Record Speed July 7, 2026 With Lightning’s Cooper AI at the center of AroFlo, BigChange and Simpro, the company is shipping dozens of new features and over 100 AI-infused enhancements — included for Lightning customers at no additional cost
IGI to Release Second Quarter and Half Year 2026 Financial Results on August 4, 2026 July 7, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the second quarter and first half of 2026 on Tuesday, August 4, 2026, after the close of the U.S. financial markets. The results, along with an accompanying slide presentation, will be posted in the [...]
Quaise Energy Raises $134 Million in Initial Close of Series B to Build World’s First Superhot Geothermal Power Plant July 7, 2026 Prelude Ventures led the round, with participation from JERA Co., Inc., Japan's largest power generation company, and Idemitsu Kosan, one of Japan's largest integrated energy companies Series B equity is the first component of a diverse financing that includes project-level capital and debt Quaise's millimeter wave drilling system is approaching one kilometer of depth at its Central Texas field site Series B proceeds fund Project Obsidian in Central Oregon, the world’s first commercial superhot geothermal power plant
New Smarsh Research Finds Enterprises Are Deploying AI Faster Than They Can Govern It July 7, 2026 55% of enterprises are deploying AI, but only 26% say governance is keeping pace, creating growing compliance, security, and operational risk
UMA Unveils Its Vision for the Next Generation of Humanoid Robots July 7, 2026 At Machina Summit, UMA unveils the design of its first humanoid robot and introduces Real-Time Learning, a new AI architecture that enables robots to learn new skills through demonstration rather than programming.