FIM Partners today announced it has entered into an agreement with Loomis, Sayles & Company, to acquire the Global Emerging Market Equities (GEM) investment team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251106799715/en/ Overview of the GEM Team and FIM Led by Ashish Chugh, Portfolio Manager and Head of Global Emerging Market Equities, the GEM Team follows a high conviction investment philosophy anchored in deep, fundament...
The Cessna Citation Ascend, designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, achieved a major milestone Wednesday, November 5, as the Federal Aviation Administration (FAA) awarded type certification for the aircraft, with entry into service expected later this year. The aircraft boasts an entirely new cockpit, improved performance and luxurious flat floor cabin, giving customers versatility and flexibility to accomplish their mission. Two flight test articl...
According to Omdia, mainland China’s cloud infrastructure services market reached $12.4 billion in Q2 2025, up 21% year on year, marking the first return to above-20% growth since early 2024. AI remained the primary growth engine. As AI foundation model capabilities continue to advance and toolchains mature, enterprise demand is shifting beyond basic model invocation toward more business-aligned use cases, including industry-specific models and early exploration of AI agent-based applications. ...