A court in Tbilisi sentenced Aleko Elisashvili, founder of the Citizens party, to 13 years in prison for attempting to set fire to a court building, a verdict that comes amid growing concerns over democratic backsliding in the country.
Japanese retail giant Seven & i Holdings is reportedly in discussions with SoftBank Corp. and its payments affiliate PayPay for a strategic investment that could total up to ¥300 billion. The potential alliance aims to create a powerful ecosystem combining retail, payments, and telecommunications.
Delta Air Lines shares fell after its second-quarter earnings report, as a 25% drop in net profit and compressed margins overshadowed beats on headline revenue and earnings per share.
Shares of Brookdale Senior Living fell sharply after the company's June occupancy report showed slower-than-expected sequential growth, prompting investors to take profits following a significant rally.
Shares of Jackson Financial surged after Jefferies upgraded the stock to 'Buy' from 'Hold,' citing the insurer's high leverage to equity market performance and reversing an earlier downgrade.
Shares of the senior living operator fell after its latest occupancy report revealed a smaller-than-expected sequential increase, prompting investors to reassess the company's recovery pace after a significant rally.
The Italian spirits group is launching new marketing campaigns and product formats to protect its flagship Aperol brand as a surge in spritz consumption draws in copycat products and alternative cocktails.
Analysts at Bernstein have raised their rating on Spanish airport operator Aena, citing robust passenger traffic forecasts, a favorable regulatory outlook, and resilient international growth that are expected to boost medium-term earnings.
Shares of the biopharmaceutical company fell sharply after it announced an agreement to sell shares and warrants in a private placement that could raise up to $11.7 million, diluting existing shareholders' equity.
