latest news in companies

VEON Raises Annual Earnings Outlook as Digital Revenue Surges 53 Percent

VEON Raises Annual Earnings Outlook as Digital Revenue Surges 53 Percent

Amsterdam, Friday, 31 July 2026.
VEON raised its full-year guidance on July 31, 2026, driven by a 53.6% jump in quarterly digital revenue, which now accounts for over a quarter of total sales.

Netflix Sued for 105 Million Dollars After Unreleased Movie Stolen From Office Desk

Netflix Sued for 105 Million Dollars After Unreleased Movie Stolen From Office Desk

Los Angeles, Friday, 31 July 2026.
Producers are suing Netflix for $105 million after an unencrypted master copy of a $45 million film starring Nicolas Cage was stolen directly from a company desk in Los Angeles.

Brazilian Steelmaker Offers High Coupon in Debt Swap Strategy

Brazilian Steelmaker Offers High Coupon in Debt Swap Strategy

São Paulo, Friday, 31 July 2026.
Brazilian steel giant CSN initiated a US$1.3 billion exchange offer, enticing bondholders with a elevated 11.000% yield to extend debt maturities from 2028 to 2030.

Digital Finance Firm Delays Shareholder Vote on Bank Merger

Digital Finance Firm Delays Shareholder Vote on Bank Merger

Princeton, Friday, 31 July 2026.
Digital Asset Acquisition Corp. has postponed its pivotal merger vote with Old Glory Bank to August 14, 2026, just days after its shareholder redemption deadline passed.

Regeneron Facing Class Action Lawsuit Over Failed Melanoma Trial

Regeneron Facing Class Action Lawsuit Over Failed Melanoma Trial

Seattle, Friday, 31 July 2026.
Regeneron faces a class action lawsuit after altering clinical trial protocols for a potential blockbuster cancer drug, concealing slow event rates before the trial ultimately failed and wiped out $11 billion in market value.

Parex Resources Becomes Colombia's Largest Independent Producer Following Acquisition

Parex Resources Becomes Colombia's Largest Independent Producer Following Acquisition

Calgary, Friday, 31 July 2026.
Parex Resources reported a second-quarter 2026 net income of $444 million following its Frontera acquisition, establishing itself as Colombia’s largest independent oil producer while maintaining strong operational momentum.

Apple Beats Revenue Targets as iPhone Sales Jump 22 Percent

Apple Beats Revenue Targets as iPhone Sales Jump 22 Percent

Cupertino, Thursday, 30 July 2026.
Apple reported fiscal third-quarter revenue of $109.42 billion, beating estimates behind a 22% surge in iPhone sales. However, missed services revenue pushed shares down 4% after-hours.

Amazon Stock Surges 9% as Cloud Growth Beats Expectations

Amazon Stock Surges 9% as Cloud Growth Beats Expectations

Seattle, Thursday, 30 July 2026.
Amazon stock surged 9% on July 30, 2026, after AWS cloud revenue jumped 37% year-over-year, its fastest expansion since 2021, easily beating Wall Street’s 31% growth estimate.

Alignment Healthcare Beats Expectations with Strong Second-Quarter Revenue Growth

Alignment Healthcare Beats Expectations with Strong Second-Quarter Revenue Growth

Orange, Thursday, 30 July 2026.
Driven by a 31.5% jump in Medicare Advantage enrollment, Alignment Healthcare generated $1.34 billion in second-quarter 2026 revenue, beating financial estimates and raising its full-year outlook.

Rising Risks in Artificial Intelligence as Chipmakers Fund Their Own Customers

Rising Risks in Artificial Intelligence as Chipmakers Fund Their Own Customers

New York, Thursday, 30 July 2026.
Central banks warn that artificial intelligence chipmakers funding their own buyers creates major financial stability risks, as tech giants commit over $145 billion to loss-making specialized cloud providers.