Passage Bio Reports Third Quarter 2025 Financial Results and Provides Recent Business Highlights

Anthropic agreed to a $10 billion, six-year deal with Volta Infra Holdings for 133 MW of data center capacity in Norway, according to Bloomberg. The site is operated by Bitdeer and powered by Nvidia’s Vera Rubin chips. Bitdeer shares rose about 23% after the announcement, and the hosting lease is reported to start with about $4.7 billion in revenue.

Guinea selected Glencore Plc as offtaker for bauxite from state-owned Nimba Mining after an international tender, according to Bloomberg and Mines and Geology Minister Bouna Sylla. Contract talks continue. Nimba Mining exported 4 Mt this year, targeting 8-10 Mt by year-end and 12 Mt in 2027. Nimba Mining’s bauxite contract was signed this week.

Diageo, maker of Guinness and Smirnoff, said it will cut costs to save $1 billion over three years under CEO Dave Lewis after weaker sales and profits. For the year to June, net sales fell 3% to $19.6 billion, with North America down 9.1%. Restructuring may affect up to 150 Irish jobs and includes $1.2 billion restructuring costs.

Wendy’s reported a second-quarter 8.2% decline in system sales to $2.9 billion and a 7% drop in same-store sales, with traffic down 12.5% amid store closures, weaker breakfast performance, and fewer discounts. The company expects continued challenges through 2026. It named Bob Wright CEO, reduced its dividend, and is preparing potential restructuring.

B&G Foods said CEO Kenneth “Casey” Keller will retire and step down from the board on 7 Aug 2026. The company’s board has selected a successor, currently in senior leadership at another publicly listed firm, but has not disclosed the name. B&G Foods plans to announce the incoming CEO and transition details soon.

Ondas Inc. (NASDAQ:ONDS) said its subsidiary Sentrycs was selected to provide counter-drone protection for Jacksonville Jaguars games at EverBank Stadium. The portable Cyber-over-RF system is designed to detect, identify, and enable controlled mitigation of unauthorized drones, including enforcing Temporary Flight Restrictions under the SAFER SKIES Act, operated by trained law enforcement officials.