· Original article
Lemon Tree Hotels signs Omaxe MoU for about 4,000 rooms
Lemon Tree Hotels' subsidiary signs an MoU with Omaxe for about 4,000 rooms in India, taking its development pipeline to nearly 16,000 rooms.
FINANCEVELIX / News
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· Original article
NuRAN expansion targets 1,650 sites as CEO plans Africa talks
NuRAN expansion plans target 1,650 operating sites by mid-2028, subject to financing, as its CEO prepares for November telecom meetings in Cape Town.
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US stocks mixed as AI concerns hit chips and banks gain
US stocks diverged on October 16, 2026, as chipmakers and AI infrastructure shares fell while bank gains helped support the Dow.
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Propanc PRP research targets pancreatic cancer resistance
Propanc PRP research shows preclinical effects in chemotherapy-resistant pancreatic cancer cells, with a first-in-human study planned for Q1 2027.
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ATNM-400 data support wider solid-tumor research at Actinium
Actinium announced preclinical ATNM-400 data across lung, colorectal and ovarian cancer models ahead of EANM 2026 presentations in Vienna.
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Foundayo recommendation advances Lilly’s EU diabetes bid
The Foundayo recommendation disclosed on October 16 advances Eli Lilly’s adult type 2 diabetes application, but is not a final marketing authorization.
· Original article
Emergent CFO Richard Lindahl to retire; shares fall premarket
Emergent CFO Richard Lindahl will retire at year-end 2026. Treasurer Frank Vargo will take over on an interim basis, with advisory support through March.
· Original article
Lufax CFO appointment brings Jia Liu to finance leadership
Lufax CFO Jia Liu took up the role on October 16, 2026, bringing experience in banking, fintech finance and capital raising at CITIC aiBank and Yiren Digital.
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BCRF Ventures targets $100 million for breast cancer innovation
BCRF Ventures launches with $23 million in seed donations and aims to raise and deploy $100 million over five years, with funding reviews starting in 2027.
· Original article
Tesla shares rise 4.2% as Roadster launch remains delayed
Tesla shares gained 4.2% in an October 16, 2026 snapshot despite a delayed Roadster launch, while September inflation showed faster price increases.
· Original article
MDxHealth downgrade follows revenue miss and guidance halt
MDxHealth downgrade follows flat preliminary Q3 revenue and suspended 2026 guidance, with sales-force turnover and liquidity concerns in focus.
· Original article
Jio Platforms IPO: Reliance seeks employee participation
Jio Platforms IPO preparations include outreach to Reliance employees and early October salaries ahead of the planned October 21 subscription opening.
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