Brookfield Seals US$2.8bn Cash Deal for Reliance Worldwide
What happened Reliance Worldwide Corporation (ASX: RWC), the global maker of plumbing and heating solutions best known for push-to-connect fittings, has entered a binding scheme implementation deed with Brookfield Capital Partners. Brookfield will acquire 100% of RWC for US$3.38 cash per share, implying about A$4.75 at the 15 September 2026 AUD/USD rate of 0.7122 and […]
Navy Awards Boeing First MQ-25A Stingray Production Contract
The US Navy has moved the MQ-25A Stingray from development into low-rate production. On 14 September 2026 the service awarded Boeing a $562 million fixed-price incentive contract for Lot 1 Low Rate Initial Production, covering three airframes plus long-lead components for three more Lot 2 aircraft. Lot 1 deliveries are planned for 2029. The award […]
Santos Ties POSCO LNG Sale to Canadian Ksi Lisims Supply Deal
Santos is leaning harder into LNG portfolio trading, not just Australia and Papua New Guinea equity production. On 15 September 2026 it said it lined up a 10-year delivered-ex-ship supply arrangement with POSCO Steel and a separate heads of agreement to buy about 1 million tonnes a year from the proposed Ksi Lisims project in […]
FDA Clears Telix Pixclara as First FET-PET Glioma Drug
US neuro-oncology imaging just crossed a regulatory line that European practice guidelines already assumed. On 14 September 2026, Telix Pharmaceuticals said the US Food and Drug Administration approved Pixclara (floretyrosine F 18, or 18F-FET), making it the first FDA-cleared FET-PET imaging drug for glioma. The label is narrow and consequential: help differentiate recurrent or progressive […]
Solar Industries Bids R21.8 Billion Cash for South Africas Omnia
Solar Industries India is taking a decisive step into South African chemicals and mining services. Through Solar SA Investments, an indirect wholly owned subsidiary, the Nagpur-based industrial explosives and defence manufacturer has lodged a firm intention all-cash offer for Omnia Holdings valued at R21.8 billion, structured as a scheme of arrangement that would take Omnia […]
Scania Pushes Electric Long-Haul Trucks Toward 720 km Range
Scania has put a concrete configuration on the table for one of road freight’s hardest electrification problems: long-haul tractor work that still has to pull a standard European trailer, keep usable payload, and fit real driver schedules. The company says a battery-behind-cab layout, paired with chassis and under-cab packs plus megawatt charging, can support selected […]
SoftBank Upsizes OpenAI Debt Push With Nearly 12 Billion Loan
SoftBank Group is turning a landmark OpenAI equity bet into a running capital-markets exercise. Fresh financing details show the Japanese conglomerate sealed an roughly $11.87 billion two-year loan, upsized from a $10 billion target and backed by commitments from about 20 banks, to support its OpenAI investment. That facility arrives as SoftBank also moves to […]
Axogen Buys BioCircuit NerveTape to Scale Sutureless Nerve Repair
Axogen is paying cash for a sutureless nerve-repair device that lowers the skill barrier in microsurgery, a bet that commercial reach now matters as much as graft science in peripheral nerve care. What happened On 10 September 2026, Axogen Inc. said it had signed a definitive agreement to acquire BioCircuit Technologies Inc., the Atlanta developer […]
Saudi East-West Pipeline Shutdown Tightens Global Oil Chokepoints
Saudi Arabia’s East-West oil pipeline, the main land bridge that has kept Gulf barrels moving while the Strait of Hormuz stays constrained, is offline as a precaution after multiple attacks. That turns a regional security story into a global supply-chain stress test for refiners, shippers, and fuel-intensive industries. What happened On 10 September 2026, the […]
Hyundai Dual Track Puts Nvidia ADAS Ahead of Atria AI
Hyundai Motor Group just put numbers on a dual-track autonomy bet that many OEMs have only hinted at: ship advanced driver assistance with a proven chip partner first, then graduate to a house stack once the data flywheel is spinning hard enough. What happened On 13 September 2026, Hyundai Motor Group used its HMG Autonomous […]