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IBM Acquires UK Cybersecurity Consultancy Logiq Consulting
The undisclosed-price acquisition adds NCSC-assured cybersecurity, Secure by Design and secure managed-service capabilities to IBM Consulting in the UK.
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Vistry Posts £661 Million First-Half Loss and Unveils Turnaround Plan
The UK housebuilder is cutting its operating regions from 25 to 12, shrinking its owned land bank and targeting lower leverage after exceptional charges deepened its first-half loss.
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BlackBerry Raises FY2027 Outlook as Quarterly Revenue Jumps 26%
BlackBerry lifted full-year revenue and profitability guidance after Q2 sales reached $163.3 million, with record QNX revenue and stronger licensing offsetting softer expectations for Secure Communications.
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German Home Prices Rise 0.6% as Housing Recovery Remains Uneven
Apartment prices slipped in Germany's seven largest cities even as several regional and rural housing segments recorded gains in the second quarter.
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Australia Unemployment Rate Rises to 4.6% as Labor Force Expands
Employment grew by 39,500 in August, but stronger labor-force participation pushed the number of unemployed Australians to 722,900.
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Norges Bank Raises Policy Rate to 4.50% as Inflation Stays High
Norges Bank delivered a 25-basis-point increase after November inflation remained well above its 2% target, while signaling that rates would likely stay high for some time.
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France Business Climate Falls to 96 as Sentiment Weakens
France’s business climate fell two points to 96 in September, with retail trade showing the sharpest decline while manufacturing and construction were stable.
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Fed’s Barr Says Further Rate Adjustments Likely as Inflation Risks Rise
Michael Barr said additional policy tightening is likely to be needed after the Fed’s September rate increase, as inflation risks have risen while labor-market risks have receded.
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Cintas Raises FY2027 Outlook After Q1 Revenue Jumps 10.9%
Cintas raised its full-year revenue and adjusted EPS ranges after first-quarter gross margin reached 51.5% and adjusted diluted EPS increased 15.8%.
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Paychex Q1 Revenue Rises 6% as Net Income Climbs 12%
Paychex posted higher fiscal first-quarter revenue and profit and raised parts of its fiscal 2027 outlook, including its growth forecast for PEO and Insurance Solutions.