Nscale doubles London office space as UK staff grows sixfold August 5, 2026 Nscale has doubled its London office space as the AI hyperscaler cements its presence in the capital, City AM can reveal. The tech startup, which develops data centres for AI firms and is reportedly eyeing a $25bn valuation in an upcoming IPO, has leased out an extra floor in the Mayfair building that houses its [...]
IFF Reports Second Quarter 2026 Results; Announces Use of Proceeds Plan for Food Ingredients Divestiture August 4, 2026 Delivered Strong Sales, Profit and Cash Flow Performance in Second Quarter 2026 Provides Full Year 2026 Financial Guidance on a Continuing Operations Basis Announces Enhanced $2.5B Share Repurchase Authorization; Including $500M Accelerated Share Repurchase in the second half of 2026
IGI Reports Second Quarter and First Six Months of 2026 Unaudited Financial Results and Declares Ordinary Common Share Dividend August 4, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the second quarter and first six months of 2026. Highlights for the second quarter and first six months of 2026 include: (in millions of U.S. Dollars, except percentages and per share information) Quarter Ended June 30, Six Months [...]
Rehlko Defines What It Takes to Build AI-Ready Power Infrastructure as Data Center Energy Demands Evolve August 4, 2026 New eBook highlights how increasingly dynamic AI workloads are reshaping critical power requirements and explores strategies for building resilient, scalable energy infrastructure
Options Announces the Availability of Kimi K3 on Its PrivateMind Platform At No Additional Cost to Existing Customers August 4, 2026 Options Technology, the leading provider of trading infrastructure solutions to the world’s leading financial firms, today announced the launch of Kimi K3, accessed via PrivateMind, its secure, private AI platform. Kimi K3 is one of several models available via PrivateMind. The model runs in a sandboxed, cybersecurity container across multiple, strategic locations including Iceland, ensuring [...]
Exclusive: Blackstone set to back AI ‘droid’ firm at $3.5bn valuation August 4, 2026 Blackstone is weighing a fresh funding injection for Nvidia-backed artificial intelligence firm Factory in a deal likely to value the coding company at more than $3.5bn, City AM has learned. The New York-headquartered investment giant, which has been ploughing cash into AI firms and digital infrastructure in recent years, is considering the investment as part [...]
Reply S.p.A: The Board of Directors Approves the Half-year Financial Report as of 30 June 2026 July 30, 2026 All economic and financial indicators grew: Consolidated turnover of €1,311.9 million (1,221.3 in H1 2025); EBITDA of €233.2 million (223.7 in H1 2025); EBIT a of €189.7 million (188.4 in H1 2025); Pre-tax profit of €194.1 million (179.4 in H1 2025).
Arch Construction Risk Report Reveals Top Challenges Facing Sector Amid Rising Volatility July 30, 2026 Growing complexity and interconnected risks driving up insurance spend in construction.
Michael Dell, Lord Johnson and the ‘gun to the head’ meeting that ended a £15bn AI project July 30, 2026 In December, billionaire Michael Dell opened an alarming email. “My trust in Mr Bellamy has been undermined by the way he has operated”, the email read, “and I cannot be certain the information he shared with you is accurate or complete”. The mysterious missive was sent by Patrick Hughes, the co-founder of a major new [...]
Glencore and Rio Tinto strike gold on high commodity prices July 29, 2026 Rio Tinto and Glencore have posted near-record updates thanks to this year’s sky-high commodity prices and the uncertainty wrought by the Middle East conflict. Mining juggernaut Rio Tinto notched a 43 per cent jump in profit over the first six months of the year, pointing to persistently elevated metals prices and the ambitious efficiency programme [...]