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SFL Corporation is selling two Suezmax tankers to a Koch Industries subsidiary for approximately $57 million each. Net proceeds are expected to be around $26 million per vessel after debt and fees. SFL will also terminate charters for two newer Suezmax tankers with Koch, receiving a fee. The company plans to reinvest proceeds into younger, more efficient vessels to capitalize on strong charter market rates.

Alvotech has settled with Regeneron, clearing a path for its biosimilar AVT06 (aflibercept) to potentially enter the U.S. market in late 2026, pending FDA approval. This agreement, alongside a partnership with Teva Pharmaceuticals, follows AVT06’s recent marketing approvals in the UK, Japan, and the EEA. Clinical studies have confirmed AVT06’s high degree of similarity to Eylea®, positioning it as a more affordable alternative for retinal diseases.

CHAGEE has released its first Sustainability Report, detailing its ESG strategy across Culture, Connection, Health, and Ecology. The company is dedicated to preserving heritage, empowering communities, promoting consumer well-being with initiatives like nutritional grading, and driving climate action through reduced emissions and eco-friendly practices. CHAGEE aims to connect the world through tea while fostering sustainable growth and positive global impact.

Thailand’s salary outlook for 2026 forecasts a 5.2% average increase, a slight rise from 2025, driven by intense talent competition and merit-based strategies. Most companies plan salary hikes, with Energy, Consumer Goods, and Automotive sectors leading in increases. Notably, long-term incentives and flexible benefits are on the rise, reflecting a strategic approach to talent retention amidst evolving workforce dynamics.

Tactical Resources Corp. has secured final court approval for its business combination with Plum Acquisition Corp. III, paving the way for a Nasdaq listing in Q1 2026. This strategic move, overwhelmingly supported by shareholders, aims to enhance liquidity and visibility for the company’s focus on U.S.-based rare earth elements, vital for advanced industries and national security. A portion of new shares will be subject to a six-month lock-up. The company will delist from the TSXV upon completion.

Carbon Streaming CEO Marin Katusa significantly boosted his stake in the carbon offset firm, investing nearly $1 million to acquire more shares and exercise warrants. His ownership now represents approximately 11.8% of the company, with potential to reach 13.2% on a partially diluted basis. This move concentrates considerable equity and control within the CEO, a development investors will monitor closely amidst the company’s focus on high-impact carbon projects.

PennyMac Mortgage Investment Trust is raising $75 million through an offering of 8.500% Exchangeable Senior Notes due 2029. These notes are guaranteed by the parent company and are exchangeable into PMT common shares at a premium. Proceeds will fund strategic initiatives, including repaying debt and general corporate purposes, bolstering the company’s balance sheet in a dynamic market.

Westamerica Bancorporation’s Board of Directors has authorized a new stock repurchase program to buy back up to 2,000,000 shares of common stock by December 31, 2026. This move, representing approximately 8.0% of outstanding shares, reflects the bank’s strong financial position and commitment to enhancing shareholder value through a prudent use of capital. The buybacks will be discretionary, executed based on market conditions.

Twin Peaks is expanding into Connecticut with an area development agreement for three new sports lodges. Experienced operators Deepak Verma and Kam Singh of New London Hospitality will spearhead this initiative, aiming to establish Twin Peaks as a premier destination for sports fans. This move is part of the brand’s franchise-led growth strategy, leveraging operational expertise to enter new markets with a focus on scratch-made food, draft beer, and the signature lodge experience.