Apps

Former Southern Water CEO charged in wastewater fraud

The Environment Agency has begun criminal proceedings against Southern Water and four former senior executives, including former CEO Matthew Wright, accusing them of conspiring to defraud the regulator by manipulating Operator Self-Monitoring tests between 2012 and 2017, with separate charges for environmental-permit breaches as the case proceeds to Medway Magistrates Court. The High Court had previously upheld the EA’s authority to prosecute in this matter, underscoring accountability in the water sector.

13 sources

Healthcare Services Group swings to Q2 profit

Healthcare Services Group swung to a second-quarter profit for 2026, posting net income of $22.7 million, EPS of $0.32, and revenue of about $470.81 million while reaffirming a mid-single-digit growth outlook for FY2026. The results beat earnings estimates and demonstrated a strong year-over-year improvement, with continued investor attention on management’s guidance and outlook.

10 sources

Photo: WeltN24 GmbH / N24 / Axel Springer SE / Wikimedia Commons (Public domain)

Deutsche Bank HQ Raided in Cum-Cum Tax Probe

German prosecutors raided Deutsche Bank's Frankfurt headquarters as part of an investigation into Postbank transactions from 2008-2010, with the bank saying it’s being treated as a third party and cooperating. The probe centers on cum-cum tax-avoidance schemes, with reports naming former Postbank executives as suspects and potential losses running into hundreds of millions of euros.

13 sources

Photo: Raw stuff / Wikimedia Commons (CC BY-SA 4.0)

South Africa inflation at 5% in June

South Africa’s headline inflation rose to 5.0% in June from 4.5%, the highest in roughly a year, driven largely by a sharp jump in transport costs and fuel prices, with transport inflation at about 12.7% and housing, utilities, and insurance also contributing to the rise. The hotter reading adds pressure on the central bank to tighten policy, with markets pricing potential further rate hikes at the upcoming decision.

8 sources

Photo: Kakidai / Wikimedia Commons (CC BY-SA 4.0)

Japan Posts June Trade Deficit 406.9B Yen

Japan posted a June 2026 trade deficit of about 406.9 billion yen, the second consecutive shortfall as imports surged 25.4% and exports rose 19.3%, underscoring the impact of a weaker yen and higher oil costs on trade. The result surpassed forecasts for a 120 billion yen deficit and reflects robust import demand alongside resilient export activity, including semiconductors, amid ongoing global pressures.

18 sources

Photo: 4300streetcar / Wikimedia Commons (CC BY 4.0)

Alaska Air Posts Q2 Loss, Downgrades Q3 View

Alaska Air posted a second-quarter loss and forecast third-quarter earnings near or below Wall Street expectations as jet fuel costs stay high amid renewed Iran-related tensions, pressuring margins. The airline is diversifying fuel sourcing and raising fares to offset costs, with Q3 guidance ranging from break-even to about $1 a share and continued attention on fuel-driven earnings pressure.

14 sources

Photo: Sweeneyr / Wikimedia Commons (CC BY-SA 3.0)

MSCI shares fall 6% after Q2 results

MSCI reported second-quarter 2026 revenue of $867.0 million (up 12.2%) and adjusted earnings per share of $4.94, with GAAP EPS of $4.69, and raised its full-year adjusted EBITDA guidance amid stronger asset-based fees. The results showcased a record asset-based-fee run rate in the Index segment, ongoing share repurchases totaling about $147.2 million and a $2.05 quarterly dividend, with management citing AI-driven momentum for future product expansion.

16 sources

Photo: Americasroof (talk) / Wikimedia Commons (CC BY-SA 3.0)

Marsh & McLennan Q2 Revenue Up 6%

Marsh & McLennan reported Q2 2026 revenue of $7.4 billion, up 6%, with adjusted EPS of $2.96 (up 9%) as CEO John Doyle cited strong demand across risk, people, strategy and investments. The six‑month results showed revenue of $15.0 billion and adjusted EPS of $6.25, with Risk & Insurance Services posting $4.8 billion in quarterly revenue and consulting up 10%, while the company also expanded shareholder value via a 4.5 million share repurchase and a 10% dividend hike.