Author: News Room

WASHINGTON and NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) — The 2026 Investment Adviser Industry Snapshot reports that the industry has continued its strong growth trend, setting record highs for number of advisers, clients, employees, and assets under management in 2025. The Snapshot is a joint effort of the Investment Adviser Association (IAA) and Comply. The number of advisers rose to 16,544 in 2025, while the number of clients served by those advisers increased by 7.7% to 73.7 million. Reflecting strong market conditions, assets under management gained 22.3% from $144.6 trillion to $176.8 trillion, while non-clerical employment grew 7.5% to…

BOSTON, June 03, 2026 (GLOBE NEWSWIRE) — Coralogix, the data and AI platform for observability, today announced it has raised $200 million in Series F funding. The round was co-led by Advent, CPPIB, and Greenfield, with participation from Brighton Park Capital, bringing total funding in Coralogix to $550M. “AI is fundamentally changing the way enterprises operate, and observability is quickly evolving into a core layer of business intelligence,” said Alek Ferro of Advent. “Coralogix has consistently stayed ahead of that transformation, building a platform designed for the scale, speed and complexity of the agentic era. Since our initial investment, the…

BOSTON, June 03, 2026 (GLOBE NEWSWIRE) — Bachelorettes have gotten predictable – same cities, same matching cowboy hats, same itineraries. But Hard Mountain Dew is now offering a bold alternative. Today, the brand announced The Bayou Bach, a chance for one bride and her crew to swap the predictable party circuit for an all-expenses-paid bachelorette in the Louisiana bayou. Designed for brides 21+ who crave something different, this one-of-a-kind getaway brings Hard Mountain Dew’s signature edge to a setting that’s wild and unique. Entries are open now through June 23, 2026, at HardDewBayouBach.com.  Trading the rooftop for the marsh, the custom t-shirts for ghillie suits, and the brunch line for a crawfish boil – Hard Mountain Dew designed this trip for a bride that’s anything but basic. The winning…

Asyad Group accelerates its expansion into key international markets, reinforcing its commitment to deliver integrated, multimodal logistics solutions across critical trade corridors.Asyad Group establishes direct connectivity between Oman’s ports and Central Asia’s fastest-growing logistics market, creating a vital trade corridor linking the Middle East to China, Europe, and neighboring Central Asian economies.The transaction reflects the strong ties and strategic partnership between the Sultanate of Oman and the Republic of Uzbekistan and will advance Uzbekistan’s logistics infrastructure development by leveraging Asyad’s world-class integrated logistics expertise and operational excellence. MUSCAT, Oman, June 03, 2026 (GLOBE NEWSWIRE) — Asyad Group, the global integrated…

HOUSTON, June 03, 2026 (GLOBE NEWSWIRE) — For North American customers who need power beyond the grid, Aggreko, a global leader in engineered energy and temperature solutions, is offering a comprehensive portfolio of readily available technologies for stable, reliable, and modular power. As multiple industries require increasing levels of immediate power, Aggreko is well-positioned to meet customer needs in sectors like data centers, oil and gas, and mining and other industrial sectors with expertly designed engineered energy solutions to ensure a lack of power does not delay projects. Energy-intensive industries demand reliable, instantaneous power, but when that is not available from…

By Sammy Hudes The Canadian Press Posted June 3, 2026 8:47 am 1 min read Descrease article font size Increase article font size The Greater Toronto Area marked its third straight month of higher home sales compared with a year earlier, as the city’s real estate board says the market tightened in May. A total of 6,583 homes in the region changed hands last month, up 6.3 per cent compared with May 2025, while sales also increased 10 per cent from April on a seasonally adjusted basis. Get breaking National news Get breaking Canada news delivered to your inbox as it happens…

Montreal, June 03, 2026 (GLOBE NEWSWIRE) — On May 29, 2026, The CSL Group (CSL) took delivery of MV CSL Kuleana from YAMIC Shipyard, marking the latest milestone in the renewal of the CSL International Pool fleet. The vessel has now departed on her maiden voyage. CSL Kuleana is the fourth in a series of five Kamsarmax newbuilds developed with our Pool partner. The newbuild program is reshaping the fleet with a new generation of ocean self-unloading ships, purpose-built to replace aging vessels while advancing performance, flexibility, and environmental standards. Designed to meet the evolving demands of dry bulk trades,…

Smart lighting company Nanoleaf has been acquired by OneRobotics, the parent company of SwitchBot. In an exclusive interview with The Verge, Nanoleaf CEO Gimmy Chu says the company will remain independent and that he and his cofounder and COO, Christian Yan, will continue to run it. “Nothing is changing operationally,” says Chu, adding that there are plans for product integrations between the two smart home companies.The sale, which Chu characterized as “more of a merger,” will provide Nanoleaf with significant resources, including a cash infusion that will, among other things, help the company grow its team at its Toronto headquarters.…

ROCHESTER, N.Y., June 03, 2026 (GLOBE NEWSWIRE) — OLEDWorks, the global leader in high-performance, multi-stack organic light-emitting diode (OLED) technology, today announced that it is supplying Atala OLED panels for the digital OLED rear lights of the Audi Q4 e-tron, Audi’s compact all-electric SUV. The Audi Q4 e-tron represents a key step in Audi’s electrification strategy, combining progressive design, advanced digital technologies, and sustainable mobility. Integral to this design language is Audi’s lighting philosophy, which uses light not only as a functional safety feature, but also as a defining customer experience. The digital OLED rearlights of the Audi Q4 e-tron…

New York, June 03, 2026 (GLOBE NEWSWIRE) — Veriff, the global AI-native identity platform, today announced the appointment of Philippe de Passorio as Chief Revenue Officer (CRO). He joins Veriff at a pivotal moment in the company’s growth trajectory, bringing over 18 years of global experience scaling high-performing revenue organizations across North America, EMEA, and APAC.  De Passorio joins Veriff from Adyen, where he served as Senior Vice President of Sales for North America. Over a decade at Adyen, he built the North American sales organization from the ground up, led a 110-person team, and drove double-digit year-over-year growth by…