Latest Articles
Pet Service Holding's Revenue Rises 8% to €7.4M as OTC Products and Premium Lines Offset Prescription Headwinds
Pet Service Holding’s first-half revenue grew 8% to €7.4 million, driven by over-the-counter medicines, accessories and ...
FORVIA H1 2026: Margin Rises to 6%, Cash Flow Strong as IGNITE Plan Gains Traction
Automotive supplier FORVIA lifted its operating margin by 30 basis points to 6.0% in the first half, helped by cost disc...
Circle K Owner Couche-Tard to Buy Polish Chain Zabka for $8.7 Billion
The Canadian convenience-store giant expands into Central and Eastern Europe with its largest-ever acquisition, adding 1...
Musk Denies WSJ Report That Tesla Plans China Spin-off to Enable SpaceX Merger
Elon Musk calls a Wall Street Journal report “Fake News” that Tesla is preparing to separate its China business to clear...
Xiaomi Shares Slump 6.9% as Low SUV Pricing Stokes Margin Fears
Xiaomi stock fell sharply after unveiling new hybrid SUVs at lower-than-expected prices, sparking investor concerns over...
Inside Industrial and Commercial Bank of China: How the World's Largest Lender Generates Revenue
An overview of ICBC's sprawling banking empire—from corporate lending and personal finance to treasury operations and as...
Apple Shares Slide as Record Earnings Overshadowed by Weak Forecast
Apple's record June-quarter iPhone sales of $54.25bn were overshadowed by a 9-11% current-quarter revenue guidance that ...
Hyundai Rotem’s $1.7bn Morocco Rail Deal Anchors Korea’s Push for African Trade Agreement
South Korea and Morocco marked Throne Day by highlighting a $1.7 billion train order and ongoing CEPA negotiations, ceme...
Billionaire Kühne Builds a Strategic Transport Portfolio in Germany
Klaus-Michael Kühne’s holding company has taken large stakes in Lufthansa, Flix and Brenntag, fueling speculation about ...
Kolmar Korea’s China Plant Secures First Overseas CGMP Certification
Kolmar Korea’s Wuxi facility becomes the first overseas cosmetics factory by a Korean manufacturer to earn South Korea’s...
Zhongji Innolight Insiders Cash Out 5.3 Billion Yuan as Company Lands Hong Kong's Largest IPO in Years
Controlling shareholder Zhongji Holdings and a concert party sold 6.2 million A-shares for over 5.3 billion yuan on the ...
Tesla Considers Selling China Business to Enable SpaceX Merger — WSJ
Elon Musk is exploring a spin-off or sale of Tesla's Chinese operations to shield the EV maker from geopolitical risks a...
RWB Halts Investment Programme and M&A Talks After Drone Attacks
Wildberries & Russ freezes expansion spending and acquisition negotiations as it redirects resources to safety and compe...
Apple's Net Profit Jumps 20% as Market Cap Nears $5 Trillion, Leaving Nvidia Behind
Apple reported a 20% surge in nine-month net profit to $101.5 billion, fueled by stronger-than-expected iPhone and Mac s...
BayWa Waits for Binding Restructuring Deal by Autumn 2026; Equity Dilution Looms
BayWa’s creditors are being pressed to inject fresh capital and accept a haircut under a new restructuring concept, but ...
Alzchem’s Specialty-Chemicals Growth Engine Powers 14% EBITDA Jump
The German mid-cap's H1 2026 results show margin expansion led by Kreatin and defense-related nitroguanidine, while it e...
JPMorgan Keeps Adidas at Overweight, Lifts Revenue View After Slight Beat
JPMorgan analyst Wendy Liu reiterated an Overweight rating and EUR 230 price target on Adidas after the sportswear group...
PUMA Slashes Quarterly Loss on Tariff Refund as CEO Hoeld’s Restructuring Gains Traction
The German sportswear group reported a smaller-than-expected net loss of €72.8m, helped by a €11.5m tariff reimbursement...
Holcim Lifts 2026 Outlook After First-Half Beat, Organic Growth Defies Currency Headwinds
Holcim reported better-than-expected half-year results, driven by a 5.2% rise in organic revenue, and raised its full-ye...
AXA Says French Wildfires Won’t Derail 2026 Profit Forecast as H1 Earnings Rise
French insurer AXA reports H1 operating profit up 2% to €4.5bn, lifts net income 6% to €4.2bn, and reaffirms 8% EPS grow...
Sony Raises Profit Outlook on PlayStation Strength, But Shares Dip
Sony lifted its full-year operating profit forecast to ¥1.72tn after a strong Q1 driven by gaming, a weak yen and US tar...
Amazon Crushes Q2 Estimates, Raises AI Capex to $220 Billion as AWS Surges
EPS of $5.75 vs. $1.82 expected and AWS growth of 37% powered a blockbuster quarter. CEO Andy Jassy says even $220 billi...
India’s Premium Boom Defies War Gloom as Festive Shopping Kicks Off
Despite the US-Iran war stirring supply-chain chaos and inflation jitters, India’s festive season is shaping up as a sho...
Capital Group Takes 1.49% IIFL Finance Stake as Fairfax Partially Exits via Rs 374 Crore Block Deal
US asset manager Capital Group purchased a 1.49% stake in NBFC IIFL Finance from Fairfax India's affiliate for Rs 374 cr...
Thermax Slumps 16% After 86% Profit Drop, Warns of Weak Quarters Ahead
Thermax shares fell sharply as Q1 profit plunged on a one-time cost overrun, and the company flagged weak demand, rising...
Redington Q1 Profit Surges 77%, Stock Hits 52-Week High on Record Revenue
Redington reported its highest-ever quarterly revenue of ₹34,922 crore and a 77% jump in net profit to ₹486 crore, drive...
L&T Energy Onshore seals six-year EPC framework deal with Oman's PDO
The Indian engineering giant becomes one of four selected contractors for Petroleum Development Oman's upcoming projects...
Mulla, Naik and Mandevia Form MNM Partners Alliance for Real Estate and Infrastructure Law
Three veteran Indian law firms join forces in a strategic alliance to capture growing demand for legal services in India...
FIFA Presses Ahead With $20 Billion Investment Plan as UEFA Threatens Boycott
FIFA will continue consultations on a plan to create a $20 billion subsidiary and sell a stake to private investors, des...
Santander Offers €1.9 Billion to Buy Out Minority Stake in Brazilian Unit
Santander has launched a €1.9bn share-swap offer for the 10% it does not already own of Santander Brasil, offering a 15%...