Salesforce to acquire Rune, Capstone production falls

(AWP Alliance News) - The following is a round-up of updates by global companies, issued on Thursday and Friday and not separately reported by Alliance News:

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Salesforce.com Inc - San Francisco, California-headquartered cloud-based customer relationship management software company - Signs a definitive agreement to acquire Rune Technologies, an Arlington, Virginia-based firm providing edge-native technology to build logistics solutions for the US military and allied nations. Says Rune's technology helps forecast supply needs, optimise resources and make mission-critical decisions. The acquisition will expand Salesforce's Missionforce portfolio. The transaction is expected to close in the fourth quarter of the financial year ending January 31. No financial details have been revealed. "Salesforce is doubling down on national security with our most significant acquisition in this space," says Kendall Collins, president and chief executive officer, Missionforce and Government Cloud.

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Endeavour Group Ltd - Sydney-based alcoholic drinks retailer and hotel operator - Provides an update on sales in the first quarter. Says total group sales increased 2.8% to AUD3.18 billion in the 14 weeks ended October 4, around USD2.24 billion, from AUD3.09 billion in the same period a year earlier. Retail sales rose 3.0% to AUD2.58 billion from AUD2.50 billion, driven by transaction growth in Dan Murphy's, while Hotels sales grew 1.9% to AUD603 million from AUD592 million. "In a challenging macro-economic environment, our Retail business continued to outpace the overall liquor market," says Group Managing Director and CEO Jayne Hrdlicka. "Sales growth in Hotels moderated in Q1 as growing cost of living pressure, including higher fuel prices, impacted discretionary spending."

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Engie SA - Paris-based electric utility - Announces the commissioning of two solar projects in India, adding 450 megawatts of capacity. The 250 MW Khaba project in Rajasthan and the 200 MW Khavda project in Gujarat are now fully operational. Says it has two gigawatts in operation or under construction in India. Pedro Vasconcelos, executive vice president in charge of Renewable & Flexible

Power, says: "India is a key growth market for Engie, where we are continuing to build scale and

momentum as we contribute to one of the world's major energy transitions."

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Capstone Copper Corp - Vancouver, Canada-based copper producer - Reports consolidated copper production of 45,218 tonnes in the third quarter of 2026, down 18% from 55,280 tonnes in the same period a year earlier. Net income falls 50% to USD132.0 million from USD262.5 million, while revenue grows 19% to USD712.0 million from USD598.4 million. The realised copper price was 47% higher at USD6.61 per pound, versus USD4.49 previously. President and CEO Cashel Meagher Cashel Meagher says: "With a streamlined portfolio, strengthened balance sheet and peer-leading organic growth pipeline, Capstone is well positioned to deliver transformational copper growth and lasting value for our shareholders." Adjusted earnings before interest, tax, depreciation and amortisation reached a new record for the eight quarter in a row, rising 44% to AUD358.3 million from AUD249.2 million a year prior. Free cash flow swung to minus USD26.3 million from positive USD1.6 million before.

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Chorus Ltd - Wellington-based telecommunications infrastructure company - Increases total fixed line connections by 0.1% to 1.192 million at the end of September from 1.191 million in June. Says net fibre connections increased by 5,000, partly offset by 4,000 copper disconnections in the quarter. Total fibre connection increased by 5,000 lines to 1.152 million. Chorus says: "The continued growth in everyday fibre usage and event-driven peaks highlights fibre's ability to support New Zealanders' increasing data demands. Average monthly fibre usage reached 741GB in September 2026, up 11% year on year, compared with 731GB in June 2026. The highest monthly average data usage was 760GB in July."

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By Elijah Dale, Alliance News senior reporter Asia-Pacific

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