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05.02.26 - 12:00
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China′s Meituan snaps up Dingdong to deepen push into fresh grocery retail (SCMP)
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China's food delivery giant Meituan said on Thursday that it had agreed to acquire Dingdong, a leading on-demand commerce platform in China specialising in fresh groceries.
Meituan will purchase all issued shares of Dingdong Fresh Holding, which is wholly owned by New York-listed Dingdong (Cayman) Limited, for an initial consideration of US$717 million, subject to adjustments, according to a filing with the Hong Kong stock exchange.
The deal is subject to conditions including antitrust clearance......
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05.02.26 - 07:06
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Metsäliitto Cooperative acquired 5.1% of the shares in Metsä Fibre from Itochu Corporation (Cision)
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Metsä Group's parent company Metsäliitto Cooperative (Metsäliitto) and Japanese trading company Itochu Corporation (Itochu) have completed a transaction on 4 February 2026, in which Metsäliitto acquired a 5.1% stake in Metsä Fibre Oy (Metsä Fibre) from Itochu.
As a result of the transaction, Metsäliitto's ownership in Metsä Fibre has increased to 55.2%, and Itochu now holds 19.9% of the total share capital of Metsä Fibre.The share of the third owner, Metsä Board Corporation, remained unchanged at 24.9%.
Itochu will remain as a committed minority shareholder in the company, and the...
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05.02.26 - 03:18
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Alibaba, Kuaishou, SMIC drop in Hong Kong tech-stock sell-off as AI fears grip (SCMP)
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Hong Kong stocks fell on Thursday in a technology sell-off as investors grew increasingly jittery about stretched valuations, heavy spending and worries about how artificial intelligence could undermine traditional business models.
The Hang Seng Index lost 0.8 per cent to 26,627.95 at the open, erasing the 0.1 per cent gain a day earlier. The Hang Seng Tech Index fell 1.8 per cent. On the mainland, both the CSI 300 Index and the Shanghai Composite Index lost 0.7 per cent.
Technology leaders......
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04.02.26 - 22:21
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Everest Reports Fourth Quarter and Full-Year 2025 Results (Business Wire)
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Annual Net Income of $1.6 billion and Net Operating Income of $1.9 billion
Annual 10.5% Net Income ROE and 12.4% Net Operating Income ROE; TSR of 13.1%
Repurchased $397 million of Common Shares During the QuarterHAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today reported its fourth quarter and full-year 2025 results.
Full-Year 2025 Highlights
Total Shareholder Return of 13.1%1; 10.5% Net Income ROE and 12.4% Operating Income ROE
$17.7 billion in gross written premium, a year-over-year decrease of 3.1% for the Group, 1.2% for Reinsurance, and 5.7% for Insurance on a comparable basis
Combined ratios of 98.6% for the Group, 91.7% for Reinsurance, and 114.6% for Insurance
Attritional combined ratios of 89.6% for the Group, 85.5% for Reinsurance, and 100.7% for Insurance
$757 million of pre-tax catastrophe losses net of recoveries and reinstatement premiums versus $...
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04.02.26 - 19:51
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Torq holt John White, CISO von Virgin Atlantic, als Leiter der Umstellung des Unternehmens auf agentenbasierte KI (Business Wire)
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Nachdem White die Cyberabwehr von Virgin Atlantic von Altsystemen auf die Torq-AI-SOC-Plattform umgestellt hat, unterstützt er nun globale CISOs bei der Umstellung auf agentenbasierten SicherheitsoperationenNEW YORK--(BUSINESS WIRE)--Torq, der etablierte Marktführer für agentenbasierte Sicherheitsoperationen, gab heute bekannt, dass der ehemalige CISO von Virgin Atlantic, John White, als Field CISO zu Torq gewechselt ist. Nach der Serie-D-Finanzierungsrunde von Torq in Höhe von 140 Millionen US-Dollar wechselt White von der Kundenseite zum Führungsteam von Torq und treibt globale Unternehmens-CISOs dazu an, ihre Strategien zu modernisieren und echte agentenbasierte KI einzuführen.
White ist ein hoch angesehener Sicherheitsmanager mit mehr als 20 Jahren Führungserfahrung. Vor seiner Tätigkeit bei Virgin Atlantic baute er Sicherheitsfunktionen für globale Unternehmen wie ASOS, Liberty Global, AEG Europe und KPMG auf und transformierte diese. Dabei deckte er die Bereiche Einzelhandel, Telekommunikat...
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