By Editor , 29 October 2026
Ascendion Adds Four Ex-Santander, Currys, Microsoft Execs to AI Board

BASKING RIDGE – October 28, 2026 -- Ascendion, an AI-native software engineering company serving 250+ enterprise clients, has appointed four former senior executives from banking, retail, high-tech and industry bodies to its AI Advisory Community as it steers its AAVA platform toward governed, production-scale enterprise AI.

The appointees are Andy Gamble, Jack Madrid, Julieta Ross, Ph.D., and Joseph Sirosh, Ph.D. Their combined experience spans banking, high-tech, media and retail. Each will work directly with Ascendion's regional and engineering leaders.

By Editor , 29 October 2026

MADRID – October 28, 2026 -- Hengrui Pharma presented a record 64 oncology studies at the ESMO Congress 2026 in Madrid. Innovative oncology medicines generated 81.02% of the company's innovative medicine sales revenue in 2025.

By Editor , 29 October 2026
Ferrovial Declares EUR 600M Interim Scrip Dividend for Shareholders

AMSTERDAM – October 28, 2026 -- Ferrovial N.V. (Nasdaq and Spanish exchanges: FER) declared an interim scrip dividend totaling EUR 600 million, payable in cash or in new or treasury Ferrovial shares at each shareholder's election and funded from the company's reserves.

By Editor , 29 October 2026
Tensor, MTZ Plan Up to 500 Robocar Autonomous Taxis in Germany

SAN JOSE – October 28, 2026 -- Tensor Auto Inc. and Münchner Taxi Zentrum (MTZ), Munich's largest taxi operator, have signed a letter of intent to deploy up to 500 Tensor Robocars as autonomous taxis in German cities, with a further 10,000 vehicles targeted across Europe.

The initial fleet depends on definitive agreements and Level 4 regulatory approval in Germany. MTZ will operate the vehicles under its own brand.

By Editor , 29 October 2026
Archera Raises $15M Series C to Insure Cloud and AI Commitments

BELLEVUE – October 28, 2026 -- Archera has closed a $15 million Series C round led by Pivot Investment Partners, lifting its total funding to $38.3 million as it expands insurance-backed guarantees on cloud and AI spending. The cloud economics company now manages roughly $5.6 billion in annual cloud and AI spend.

Existing investors including HighSage Ventures also participated. The capital will fund Archera's Guaranteed Commitments and its free cloud cost tools, including a FinOps Agent and MCP.

By Editor , 28 October 2026

STOCKHOLM – October 27, 2026 -- Ukraine's HIMERA and Denmark's GomSpace have placed OBRIA NANO, the first test satellite for a planned independent Ukrainian communications network, into orbit, and it has already begun operating.

By Editor , 28 October 2026
Excelra absorbs Fios Genomics' Edinburgh bioinformatics team

Edinburgh – October 27, 2026 -- Excelra has taken over the bioinformatics services of Fios Genomics Ltd and the Edinburgh team behind them, effective 20 October 2026. The move adds omics analytics capacity to the scientific informatics company's UK and European operations.

Fios team joins Excelra's scientific consulting group

The Fios scientists become part of Excelra's wider scientific consulting group. They will keep serving existing Fios clients on the same platform, according to the companies. The announcement does not disclose financial terms.

By Editor , 28 October 2026
Switchgear Monitoring Market to Hit $3.80B by 2031 on Grid Upgrades

Delray Beach – October 27, 2026 -- The global switchgear monitoring system market will grow from USD 2.36 billion in 2026 to USD 3.80 billion by 2031, a compound annual growth rate (CAGR) of 10.1%, according to MarketsandMarkets. The market stood at USD 2.17 billion in 2025.