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SATS Q1 FY27 revenue rises 11% as margins remain under pressure
Singapore-based aviation services provider posts S$1.68 billion in revenue, up 11.3% year-over-year, while EBITDA margin contracts 0.9 percentage points to 17.3%.
U.S. judge blocks visa suspension for applicants from 75 countries
Federal judge rules State Department exceeded authority in barring immigrant visas based on nationality. Policy covered Latin America, Africa and parts of Asia.
iShares World Equity High Income ETF to switch to monthly dividends in 2026
BlackRock’s iShares III plc will shift the World Equity High Income Active UCITS ETF from quarterly to monthly dividend payments starting September 4, 2026.
Airbus softens return-to-office policy after union protests
Aerospace giant backs away from mandated four-day on-site work after strikes in Spain and France over teleworking terms. CEO cites need for gradual transition amid workforce feedback.
Judge trims Ben & Jerry's lawsuit against Unilever, Magnum as defendant
A U.S. judge dismissed seven claims in a dispute over alleged suppression of activism and withheld payments, leaving two payment-related claims and part of a governance dispute intact. Magnum Ice Cream now leads the case.
Societe Generale discloses 5.1% stake in Hiscox
French bank crosses regulatory threshold in Bermuda-based insurer with 5.1% voting-rights stake, including 0.11% via CFDs.
Swiss wealth managers face high compliance costs under TBTF rules
Regulatory burdens for small Swiss asset managers under new rules exceed CHF 50,000 annually per firm, raising concerns over proportionality and transparency in Finma oversight.
Southern Water’s credit outlooks upgraded by Moody’s and S&P
Moody’s shifts outlook to positive, S&P revises to stable, as degearing and shareholder support bolster credit profile ahead of 2029 targets.
Akastor shares surge 40% on Q2 2026 earnings as NAV rises
Norwegian investment firm posts NOK 94 million EBITDA, approves fifth consecutive quarterly dividend, and highlights portfolio gains from HMH IPO and asset sales.
BizLink posts Q2 2026 revenue, EPS beat on margin recovery
Taiwanese connector maker BizLink International reported a 37% YoY revenue jump and record EPS, citing robust AI-driven demand and sequential margin expansion. Shares rose 1.1% on the news.
China’s offshore trust tax crackdown forces wealthy investors to reassess holdings
New 20% levy on offshore trusts and stricter reporting rules prompt China’s super-rich to unwind structures, liquidate assets or seek alternative offshore arrangements amid broader tax enforcement push.
Barclays downgrades Renault to Equal Weight citing tough competition
Analysts cut price target and earnings estimates after stock gains; cost savings target deemed unrealistic amid competitive pressures.
European stocks end week near July lows as oil, bonds weigh
Stoxx 600 closes down 0.6% for the week; Brent crude hits one-month high on geopolitical risks while German 10-year bund yields near 2011 peaks.
Graubündner Kantonalbank posts 18% profit jump in H1 2026, lifts outlook
Swiss regional lender Graubündner Kantonalbank reported an 18.2% rise in H1 net profit to 137.2 million francs, with operating income up 11.2% to 286.3 million. The bank raised its full-year earnings guidance above 2025 levels.
Optima Health sets Sept. 22 AGM, releases 2026 annual report
Healthcare services provider Optima Health scheduled its annual general meeting for Sept. 22 and issued its 2026 annual report to shareholders. Shares closed at 238 pence on Aug. 20.
Gore Street urges shareholders to reject Saba’s AGM resolutions
Fund warns resolutions to wind up the company or halt its investment strategy could disrupt asset sales and destroy value. Saba holds an 18% stake.
ServisFirst Bancshares hits 52-week low at $43.64
Regional lender’s shares fall to a year low despite strong annual and YTD returns, meeting earnings and revenue forecasts for Q2 2026.
AAC Technologies posts 8.9% revenue rise in H1 2026 on heat management demand
Core net profit up 37.4% as acoustics and precision mechanics segments drive growth, with heat dissipation revenue surging 400% year-over-year.
German DAX steadies after four-day slide, Euro Stoxx 50 gains
The DAX recovers 0.1% to 26,013 points after holding its 21-day line, while the Euro Stoxx 50 rises 0.2%. Asian and U.S. markets show mixed signals ahead of the weekend.
Global economic calendar for Aug 21, 2026: PMI, retail sales and business surveys
Key economic releases include S&P Global PMIs for the euro zone, U.S. and U.K., plus German retail sales and French business sentiment. Borussia Dortmund reports preliminary FY25/26 figures.
NIBE posts six straight quarters of growth, lifts Q2 2026 outlook
Swedish industrial group reports 8.7% organic revenue growth and upgrades full-year margin guidance after strong second-quarter results.
NHTSA opens probe into engine failures in nearly 1 million GM vehicles
U.S. safety regulator launches engineering analysis of post-recall engine failures in Cadillac Escalade, Chevrolet Silverado 1500 and GMC Yukon models equipped with GM's L87 engines.
Trump-backed IndyCar race in D.C. secures Boeing, Starlink, Delta as sponsors
The Freedom 250 Grand Prix, a 250-mile race through downtown Washington, D.C., has attracted major corporate backing including Boeing, SpaceX’s Starlink, and Delta Air Lines, with President Trump set to attend.
U.S., Iran escalate rhetoric as new sanctions set for Monday rollout
Washington and Tehran exchange threats ahead of Washington’s announcement of sweeping new economic penalties on Iran, while oil flows through the Strait of Hormuz remain near halt.