latest news in companies

GCE International Acquires Padded Sock Maker Thorlo to Expand Global Reach

GCE International Acquires Padded Sock Maker Thorlo to Expand Global Reach

New York, Friday, 9 October 2026.
GCE International’s acquisition of nearly 50-year-old Thorlo aims to scale the iconic American padded sock brand globally, combining proven cushioning technology with expanded e-commerce and retail networks.

Warehouse Automation Demand Drives Record Revenue Growth for TGW Logistics

Warehouse Automation Demand Drives Record Revenue Growth for TGW Logistics

Marchtrenk, Friday, 9 October 2026.
TGW Logistics achieved a record $1.55 billion in annual revenue, up 29%, as surging demand for supply chain automation and AI-driven warehouse robotics continues to transform global logistics.

Leasing Giant Avolon Orders 250 Commercial Jets to Meet Surging Global Demand

Leasing Giant Avolon Orders 250 Commercial Jets to Meet Surging Global Demand

Dublin, Friday, 9 October 2026.
Aviation lessor Avolon ordered 250 new jets, awarding Boeing the largest share with 140 aircraft, pushing its total planned fleet to 1,342 planes to fuel global airline growth.

Eli Lilly's Combination Therapy Shows Promise in Treating Psoriasis and Obesity

Eli Lilly's Combination Therapy Shows Promise in Treating Psoriasis and Obesity

Indianapolis, Friday, 9 October 2026.
Eli Lilly’s trial combining Taltz and Zepbound significantly reduced inflammatory biomarkers in patients with both psoriasis and obesity, highlighting an integrated approach to immunometabolic health.

Mercedes-Benz Shares Recover Despite Squeezed Profit Margins

Mercedes-Benz Shares Recover Despite Squeezed Profit Margins

Frankfurt, Friday, 9 October 2026.
On October 9, 2026, Mercedes-Benz stock rebounded 1.8% in Frankfurt despite profit margin warnings, as record electric vehicle sales contrasted with a 31% slump in Chinese demand.

ArcelorMittal Shares Surge Following Major Bank Upgrade

ArcelorMittal Shares Surge Following Major Bank Upgrade

Paris, Friday, 9 October 2026.
ArcelorMittal stock jumped over 4% on October 9, 2026, after UBS upgraded the steelmaker to Buy, citing huge earnings potential if European steel prices rebound.

Delta Air Lines Cuts Profit Forecast as Fuel Costs Surge

Delta Air Lines Cuts Profit Forecast as Fuel Costs Surge

Atlanta, Friday, 9 October 2026.
Delta Air Lines lowered its 2026 profit outlook after absorbing a massive $6 billion surge in fuel costs, despite strong consumer travel demand driving a 21% revenue increase.

Horizon Aircraft Beats First Quarter Profit Expectations as Flight Testing Approaches

Horizon Aircraft Beats First Quarter Profit Expectations as Flight Testing Approaches

Toronto, Friday, 9 October 2026.
Canadian developer Horizon Aircraft reported better-than-expected first quarter earnings while securing over $1 billion in potential sales letters of intent and $70 million in operating cash.

eXp Realty Allows Agents to Connect Preferred Artificial Intelligence Tools to Brokerage Data

eXp Realty Allows Agents to Connect Preferred Artificial Intelligence Tools to Brokerage Data

Salt Lake City, Friday, 9 October 2026.
eXp Realty is letting real estate agents link their chosen artificial intelligence assistants directly to company data, bypassing mandatory proprietary apps to streamline workflows and modernize operations.

MINIX Launches Compact Desktop Computer for On-Device Artificial Intelligence

MINIX Launches Compact Desktop Computer for On-Device Artificial Intelligence

Hong Kong, Friday, 9 October 2026.
MINIX has released the ER947-AI mini PC, delivering 86 TOPS of local processing power to run artificial intelligence workloads directly on desktops without relying on cloud data centers.