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Yixin Group posts 31% profit growth in H1 2026 despite share drop
China’s auto financing platform Yixin Group reported a 31% rise in adjusted net profit to RMB 850 million for the first half of 2026, driven by FinTech and SaaS revenue growth. Shares fell 3.8% on the news.
DAX edges higher as tech rebound offsets rate, geopolitical risks
German blue-chip index recovers early losses; chipmakers rebound on deal flow and buybacks. Euro Stoxx 50, MDAX also advance as U.S. futures point higher.
Revelation Biosciences picks Avance Clinical for AKI trial
Contract research organization Avance Clinical will oversee Revelation’s Phase 2/3 TITAN study of its Gemini drug for acute kidney injury, with enrollment expected to begin later in 2026.
Swiss SMI rises 0.21% as oil climbs fourth day; Geberit, Implenia surge on earnings
Geberit surged 8% after beating half-year expectations, while Implenia jumped 9% on strong growth outlook. Brent crude rose 0.7% to $91.61 as Iran conflict persists; BKW and Straumann fell 4.5%.
Bitcoin holds near $64K as U.S. crypto policy, Iran tensions weigh
Top cryptocurrencies consolidate gains after White House meeting with Trump and regulators, while geopolitical risks cap upside. Treasury bond buybacks expand to support long-dated debt.
China set to hold loan prime rates steady in August amid weak economy
All 25 surveyed banks expect the one-year and five-year loan prime rates to remain at 3.00% and 3.50%, respectively, as policymakers prioritize fiscal measures over monetary easing.
DX expands global delivery network to 220 countries with new portal
UK logistics firm DX Group rolls out international parcel and freight service to 220 countries via road and air networks, backed by a digital booking and tracking portal.
Elmera posts 30% profit jump as Fortum takeover review continues
Norwegian energy group Elmera reported a 30% rise in second-quarter adjusted EBIT to NOK 121 million, while its debt fell sharply to NOK 1.04 billion amid an ongoing cash tender offer by Fortum.
Dax slips on weak tech cues, global equities pressure mounts
German benchmark index faces modest losses after semiconductor shares retreat in Asia and U.S. tech weakness. Heidelberger Druckmaschinen and Redcare Pharmacy diverge on earnings updates.
Goldman Sachs upgrades Japan’s top electronic component stocks on AI demand
Analysts at Goldman Sachs raise price targets and earnings forecasts for nine Japanese electronic component makers, citing surging AI server and data center demand. Ibiden, Murata and Taiyo Yuden highlighted for strongest margin and sales revisions.
Viseca posts 6.2% profit drop in H1 2026 despite transaction growth
Swiss payments provider Viseca reports lower net income as interest and fee revenues decline, offsetting higher transaction volumes and card issuance growth.
Straumann names Christopher Norbye as next CEO, effective Dec 1
Guillaume Daniellot to step down after nearly 20 years, including seven as CEO. Norbye joins from Beijer Ref, where revenue doubled and profit tripled under his leadership.
Swiss SMI slips as 19 of 20 components fall; Geberit, DocMorris advance on earnings
The Swiss blue-chip index was set to open lower, with Geberit the sole gainer after strong half-year results. DocMorris surged 8% on earnings, while BKW dropped 3%. Global yields near multi-decade highs weighed on risk assets.
Complete Genomics appoints Lauren Selig to board ahead of Swiss Rockets deal
Selig joins as Swiss Rockets AG prepares to acquire the DNA sequencing firm, pending U.S. regulatory clearance. Her appointment reflects the deal's focus on precision healthcare and biotech innovation.
InterCure sets 1-for-5 reverse stock split for Aug. 24, 2026
The move aims to lift the share price above Nasdaq’s $1 minimum bid requirement. Trading will continue under the same ticker INCR.
Zaptec posts record Q2 revenue as EV charging orders surge 94%
Norwegian EV charging firm Zaptec reported a 32% revenue increase to 506 million NOK in Q2 2026, while order intake nearly doubled to 894 million NOK. EBITDA rose 57% to 69 million NOK as margins expanded.
Zaptec posts record Q2 2026 revenue, shares rise 0.3%
Norwegian EV charging firm Zaptec reported 506 million NOK in revenue, up 32% YoY, while order intake surged 94%. Shares edged up 0.32% to $47.50 in early trading.
Burckhardt Compression plans up to 220 job cuts in restructuring drive
Swiss compressor maker to slash up to 150 roles in Winterthur and 70 internationally, targeting annual savings of 20 million francs by 2026.
Dutch insurer ASR Nederland posts 9.8% H1 operating profit rise
Net profit surged to €809 million as real estate revaluations and rate moves offset costs, while fee-based businesses grew 32% on HumanTotalCare acquisition.
Straumann posts 7.8% organic revenue growth in H1, confirms 2026 outlook
Zahnimplantatehersteller Straumann reports 2.3% total revenue growth to CHF 1.38 billion in H1, with organic sales up 7.8%. CEO transition announced as Daniellot steps down after seven years.
Aon names Doug Hammond to lead middle market segment
Hammond, formerly NFP CEO, will oversee Aon’s middle market strategy globally. Three NFP executives promoted alongside the transition.
EFG sells UK wealth unit to Canaccord Wealth for strategic focus
EFG International to divest Harris Allday’s client assets and front-office teams to Canaccord Wealth, improving CET1 ratio by 30bps and boosting pre-tax profit by CHF 20 million. Deal expected to close Q4 2026.
Emmi posts 2.2% revenue rise in H1 2026, lifts annual outlook
Swiss dairy group Emmi reports stronger-than-expected first-half growth, with revenue up 2.2% to CHF 2.32bn, while maintaining full-year EBIT and net margin guidance.
OpenAI launches ad business in Switzerland and Europe
ChatGPT ads to roll out Monday across 31 markets including Switzerland, Germany, France and Italy. Free-tier users to see targeted placements, with paid tiers remaining ad-free.