Prenetics Announces Upcoming Conference Participation

PartnerRe reported first-half 2026 net income of $447 million, down from $493 million a year earlier, with operating income of $689 million and annualised operating ROE of 12.6%. Gross premiums written rose to $5.42 billion. Non-life underwriting profit was $396 million with a 85.1% combined ratio. Investment income increased to $491 million, but unrealised losses reduced net investment return.

Prenetics Global Limited (NASDAQ: PRE) said IM8 closed a $1 billion growth financing facility from General Catalyst’s Customer Value Fund to finance up to 70% of IM8 marketing spend. Prenetics raised 2026 IM8 revenue guidance to $210-220 million and expects $300 million annualized by year-end 2026 and $400 million+ in 2027. No equity was issued.

Raytheon, according to the U.S. Department of Defense, won two missile-defense related contracts totaling $1.3 billion. It received $745.4 million for Standard Missile-3 Block IIA rounds and $536 million to modify the TOW Weapon System contract, raising its cumulative value to $750.8 million. Work is set in Tucson and Huntsville, with completion dates through 2031.

Firmus, a private AI-infrastructure operator, secured commitments for a $2 billion equity raise backed by Nvidia (NVDA), Blackstone (BX), Coatue and Jane Street, nearly doubling its valuation to over $10.5 billion in four months. The funds will accelerate Project Southgate and Asia-Pacific expansion, including a planned 360 MW AI factory in Indonesia. Firmus also has a $10 billion debt facility led by Blackstone and Coatue.

A Minnesota woman, Kristen Behne, sued Chipotle in U.S. District Court alleging she contracted salmonella from a June 24 burrito bowl at a Roseville, Minn. restaurant, leading to hospitalization for sepsis. The lawsuit cites a salmonella outbreak linked to jalapeno peppers, with 345 cases in 27 states. Chipotle says it removed the peppers and replaced them; CDC advised checking inventory.

According to Bloomberg, the US Pentagon signed its first contract with AeroVironment to supply Locust anti-drone laser systems worth $400 million. The Pentagon is seeking cost-effective ways to counter unmanned aerial vehicles. Despite a friendly-fire incident during testing on the Mexican border, it plans to buy dozens of systems.