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Stablecoin Card Spending Could Hit $50 Billion Annually by 2028 After Record $1 Billion Month
Global stablecoin card spending is projected to reach $50 billion annually by 2028, according to payments firm RedotPay. The forecast follows a record month, with stablecoin card spend crossing $1 billion for the first time in July 2026. Growth is running fastest across Latin America, Africa, and Asia-Pacific. July’s Record Month, By the Numbers Stablecoin-funded…
Melrose Launches £73 Million Compensation Programme After GKN Aerospace Chemical Incident in California
Melrose Industries will launch a compensation programme worth up to £73.4 million ($100 million). The FTSE 100 group’s GKN Aerospace unit suffered a chemical incident at its Garden Grove, California site in May. Melrose said the claims programme opens within weeks and runs into 2027. What Triggered the Compensation Programme An overheating chemical tank at…
Lego Profit Surges 32% as ‘Stronger Than Expected’ First Half Sets Up Double-Digit 2026 Growth
Lego posted a 32% jump in first-half net profit on Tuesday, August 25, 2026. The Danish toymaker reported 8.6 billion Danish kroner ($1.34 billion) in profit. CEO Niels Christiansen called results “stronger than expected across the board.” First-Half Results by the Numbers Lego generated record first-half revenue of 41.9 billion Danish kroner ($6.54 billion), up…
Nvidia-Backed Lambda Seeks Up to $3 Billion in Pre-IPO Funding Ahead of Potential 2027 Listing
Lambda is negotiating up to $3 billion in fresh financing, Bloomberg reported on August 24, 2026. The Nvidia-backed AI cloud provider is targeting a valuation of $12 billion or more in this round. Multiple term sheets have already reached the company, with deal terms still unfinalized. The financing could position Lambda for an initial public…
Cadeler (CADLR) H1 Revenue More Than Doubles to €408 Million as Net Profit Jumps 54%
Cadeler (NYSE: CDLR) reported a strong first half on August 25, 2026, with revenue more than doubling to €408 million and net profit rising 54% to €88 million. The offshore wind installation company attributed the increase to fleet expansion and a higher number of contracted days. With more vessels now in operation and its order…
Hindustan Copper Share Price Drops 7%: Analyst Reveals Target and Buying Opportunity
Hindustan Copper shares dropped 7% on Tuesday, August 25, 2026, touching an early low of ₹534.20. The stock fell from Monday’s close of ₹574.15 after the government launched a stake sale via an Offer for Sale. Shares later recovered some losses, trading around ₹545.40, down roughly 5% during the session. The OFS floor price of…
Ceigall India (CEIGALL) Share Price Jumps 5% to ₹338.70 After Winning ₹705 Crore MoRTH Order
Ceigall India shares surged as much as 5.14% to an intraday high of ₹338.70 on Tuesday, August 25, 2026. The rally followed a Letter of Acceptance from the Ministry of Road Transport & Highways worth ₹704.70 crore. The order covers construction of the Lada-Sarli section of NH-913, the Frontier Highway, in Arunachal Pradesh. Ceigall India’s…
Augmont Enterprises IPO Day 3: GMP Jumps to 41%, Signals Strong Listing Gains as Subscription Tops 15x
Augmont Enterprises IPO entered its final bidding day on August 25, 2026, with investor demand remaining strong. The ₹825-crore issue was subscribed 15.12 times by 10:10 AM, while its grey market premium (GMP) stood at around ₹325. That pointed to a potential 41.24% listing gain. Non-institutional investors led the demand, and investors were now watching…
Sigma Advanced Systems (SIGMAADV) Hits 5% Upper Circuit at ₹692.70 After ₹1,600 Crore Rolls-Royce Deal
Sigma Advanced Systems shares hit the 5% upper circuit at ₹692.70 on Tuesday, August 25, 2026. The rally followed news that the company secured an additional £125 million (₹1,600 crore) long-term agreement with Rolls-Royce Aerospace. This deal will be executed through Sigma’s recently acquired UK subsidiary, Bromford Precision Solutions. Sigma’s total Rolls-Royce partnership value now…