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India’s Russian oil imports fall from July record on supply constraints
Imports drop to about 2 million bpd in August from July’s peak of 2.8 million bpd as Ukrainian strikes and Chinese demand curb Russian supply. Refiners pivot to West African and American crude.
Vienna Insurance Group posts 21% H1 profit surge, CEE expansion drives growth
Austrian insurer Vienna Insurance Group reported a 20.7% rise in first-half profit before taxes to €641.5 million, as gross written premiums climbed 5.4% to €9.03 billion. The company highlighted Central and Eastern Europe as a key driver of performance.
DroneShield posts 74% H1 2026 revenue growth, lifts FY guidance
Defense drone detection firm DroneShield reported AUD 126 million in first-half revenue, up 74% year-over-year, while reaffirming full-year guidance and flagging margin pressures from ERP and warehouse moves.
Suncorp shares surge 4.2% on report of Tokio Marine takeover interest
Australian insurer’s stock jumps to A$18.70 after Financial Times cites Tokio Marine’s potential multi-billion-dollar bid. ASX 200 rises 0.7% on Tuesday.
German stocks rise as oil falls; SAP drags DAX lower
DAX advances 0.48% to 26,391 as Brent crude drops over 3% and Euro Stoxx 50 gains 0.5%. SAP falls 3.7% after UBS downgrade; Nvidia awaited after U.S. PCE data.
Palantir CEO sells $86 million in shares under pre-set trading plans
Alexander Karp disposed of 492,348 Class A shares through two Rule 10b5-1 plans, including a $70.3 million tax-withholding sale tied to vested RSUs. Shares traded between $172.19 and $176.37.
German software stocks rise after Salesforce, CrowdStrike earnings beat
SAP, Nemetschek and TeamViewer gain as U.S. peers Salesforce and CrowdStrike post strong quarterly results and lift guidance, easing AI demand concerns.
Intershop profit falls on lower revaluations despite portfolio growth
Swiss real estate firm's first-half net income drops 61% to CHF 67.5m as valuation gains shrink, though operating profit rises 18% and portfolio expands to CHF 1.92bn.
Germany posts stronger-than-expected Q2 growth, Q2 deficit hits record €71.3bn
German GDP rose 0.3% in Q2, beating prior estimates, while the state deficit widened to €71.3bn in H1 due to defense and infrastructure spending. Analysts warn of rising debt costs amid weak tax revenues.
Why the Dollar’s Upcoming PCE Test Could Unsettle the Yield Curve—and What It Means for Euro‑Dollar
As core PCE looms, a retreat in long‑dated yields signals a fragile dollar rally; I argue the data will reshape expectations for Fed policy and the EUR/USD trajectory.
Celcuity files FDA application to expand breast cancer drug REVTORPYK label
Supplemental New Drug Application targets HR+/HER2- breast cancer patients with PIK3CA mutations. Phase 3 data showed 50% reduction in progression risk.
Coles FY26 profit jumps 13.7% as digital sales surge 26%
Supermarket giant posts record earnings growth, with eCommerce sales penetration rising to 15.7% in early FY27. Liquor segment EBIT plunges 47.8% amid restructuring costs.
AIG appoints Allianz’s Anthony Vassallo as global energy head
Vassallo, who spent over two decades at Allianz, will succeed Warren Meigs, who is retiring after 33 years at AIG. The move underscores AIG’s focus on specialty lines.
France’s 2026 soft wheat harvest protein levels exceed five-year average
FranceAgriMer reports 89% of soft wheat samples contain at least 11% protein, above the five-year average, while 61% meet the 11.5% threshold used by some buyers.
Erste Bank warns of widening corporate credit spreads amid ECB rate hike bets
Austrian lender Erste Group flags rising pressure on corporate credit spreads as energy costs and ECB rate expectations drive bond market volatility. Volkswagen’s stock slump highlights sector strain.
Pelosi buys Bloom Energy and Intel shares, invests in San Francisco hotel
U.S. Representative Nancy Pelosi disclosed purchases of Bloom Energy and Intel stock last month, alongside a $500,000-$1 million investment in a San Francisco luxury hotel property. Bloom Energy shares rose 320% over the past year.
Senhwa completes enrollment in Phase 1b cancer drug trial
Taiwan’s Senhwa Biosciences finishes patient enrollment for CX-5461 trial in advanced solid tumors with BRCA1/2 or related mutations. Clinical Study Report due Q1 2027.
Calian completes C$51.5M acquisition of Galaxy Broadband
Upfront payment of C$24M made with C$27.5M earnout tied to closing conditions. Deal expands Calian’s remote connectivity and satellite communications capabilities.
SentinelOne shares fall 6.4% after weak profit guidance overshadows revenue beat
Cybersecurity firm posts Q2 revenue of $292 million, beating estimates, but forecasts for adjusted EPS miss consensus for current and fiscal 2027 quarters.
Swiss stocks rise as SMI nears record; Roche, Novartis lag; U.S. futures mixed
Swiss Market Index climbs 0.5% as construction shares lead gains; SAP downgraded by UBS despite raised price target. U.S. futures diverge ahead of Nvidia earnings and key data.
Feintool posts H1 2026 profit rebound, shares rise 4%
Feintool International Holding AG reported a 5.6% rise in H1 sales, swung to a CHF 8.8 million EBIT and posted its first positive net result since 2023, sending the stock up about 4%.
RATIONAL AG posts 8% organic growth in H1 2026, China sales decline persists
German kitchen equipment maker RATIONAL AG reported EUR 642 million in H1 2026 sales with EBIT rising 11% to EUR 170 million. China remains a drag on growth despite new product launches.
Brazil's jobless rate falls to 5.3% as employment hits record high
Unemployment in the three months to July dropped to 5.3%, the lowest since 2012, while the number of employed reached a record 103.3 million, IBGE data shows.
Nvidia lifts U.S. tech futures ahead of Wall Street open; SMI slips on heavyweights
Nvidia’s strong outlook drove semiconductor stocks higher in premarket trading, while Swiss blue chips fell as Nestlé, Novartis and Roche weighed on the SMI. Focus shifts to Jackson Hole Fed symposium.