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Partners Group exits Private-Credit stake in Gong cha
Swiss asset manager sells stake in global bubble tea chain after seven-year investment. Financial terms undisclosed as TA Associates sells to Bain Capital.
Swiss market opens lower as pharma stocks weigh; gold hits 3-month high
SMI falls 0.22% in pre-market as Roche and Novartis drag; DAX seen little changed. Brent oil dips 1.5% to $92.94/barrel; WTI at $85.61. Gold climbs 0.75% to $4,637/oz.
Temenos named Gartner ‘Leader’ in European retail core banking systems
Temenos ranked highest for ‘Completeness of Vision’ in Gartner’s 2026 Magic Quadrant for retail core banking systems in Europe. Temenos said it invests about 20% of revenue annually in R&D.
Plazza posts 67% profit jump on higher property valuations in H1 2026
Swiss real estate firm Plazza reported a 67% rise in net profit for the first half of 2026, driven by a more than doubling of revaluation gains to CHF 40 million. Portfolio value increased to CHF 1.36 billion.
Shell explores $8 bln sale of U.S. chemicals assets as Exxon, LyondellBasell eye bid
Shell is seeking buyers for its U.S. chemicals operations, including the Monaca complex, with potential deals valued up to $8 billion. Exxon and LyondellBasell are among the bidders evaluating the assets.
Iran discovers major natural gas field with 212 bcm reserves
New field in southern Fars province holds 212 billion cubic meters of gas, with 161 bcm recoverable. State media cites lower costs due to sweet gas composition amid production declines from war-related damage.
Toei Animation jumps 6.2% on new One Piece films
Toei Animation surged after unveiling two new One Piece films at the weekend event, with the first scheduled for summer 2027. The broader market offered little support.
Allreal posts strong H1 earnings beat despite lower revaluations
Swiss real estate firm Allreal reported a 20.8% rise in underlying net profit for H1 2026, driven by asset sales and lower financing costs, while total net income fell 9.6% on reduced revaluation gains.
Global market agenda: Key events for Aug 24, 2026
PDD Holdings reports quarterly earnings; U.S. CFNA index data due alongside other global economic releases.
Swiss economic calendar: August 24-31, 2026
Over 30 Swiss companies and institutions to release half-year earnings and key economic data, including UBS-CFA Index, KOF barometer and SBB H1 results.
Hugging Face explores sale at $13 bln or higher valuation
AI startup Hugging Face has hired a bank to gauge buyer interest for a potential sale that could value the company at $13 billion or more. The firm last raised funds at a $4.5 billion valuation in 2023.
Swiss blue chips flat to open; SoftBank, KI stocks fall as Asia markets waver
Swiss franc strengthens versus euro and dollar as Asian equities drift lower on geopolitical risks and earnings caution. Brent crude dips 1.5% after prior week’s gains.
Term Finance loses $8.5M in governance exploit targeting vaults
Attacker drains 2,843 ETH and 1.68M USDC from Term's strategy vaults, representing 68% of pre-attack holdings. Protocol shuts down Meta Vaults while investigating scope of breach.
FinCEN targets Swiss bank over alleged dirty money ties
MBaer Merchant Bank faces U.S. sanctions threat over claims of links to Venezuelan, Russian and Iranian funds. Swiss regulators and bank deny wrongdoing.
Ampol shares surge 4.4% on record H1 profit, Lytton refinery upgrade
Australian fuel group posts A$857 million net profit after tax in H1 2026, beating estimates, as refining margins triple and dividend more than quadruples. Shares rise to A$41.59.
Ventia posts record 9.4% EBITDA margin in HY26 as revenue declines 4.7%
Australia’s Ventia Services Group reported a 9.4% EBITDA margin in the first half of 2026, up 1.1 percentage points year-over-year, despite a 4.7% drop in revenue to $2.9 billion. The company reaffirmed full-year NPATA growth guidance of 7–10%.
Aussie Broadband shares drop 4% after FY26 results despite EBITDA growth
Revenue rose 9.2% to AUD 1.30 billion while underlying EBITDA climbed 20% to AUD 165.3 million, but shares fell on margin concerns and regulatory headwinds. FY27 EBITDA guidance set at AUD 205-215 million.
Kogan FY26 presentation: $1B sales milestone, stock falls 15%
Finance Review Daily is tracking this developing story; additional confirmed specifics had not been verified at the time of publication.
hipages FY26 results show 66% cash flow surge, AI tools drive growth
Revenue rose 9% to $90.6m as the Australian home services platform expanded margins and free cash flow. AI-driven quoting tools boosted job conversion rates by 144%.
Hipages FY26 results: AI push lifts free cash flow 66%, stock jumps 4.3%
Australia’s home improvement platform reports record EBITDA margins and 9% revenue growth as AI tools drive customer retention and pricing power. FY27 guidance targets $11-13m in free cash flow.
Stanmore reports 18% EBITDA rise in H1 2026 on higher coal prices
Underlying earnings before interest, taxes, depreciation and amortisation climbed to $174 million as strong coking coal prices offset cost pressures. Full-year guidance maintained.
U.S. to unveil sweeping sanctions on Iran as tensions escalate
Treasury Secretary Scott Bessent warns of a 'global pariah' designation for allies of Tehran. Iranian official vows oil exports will halt if economic pressure persists.
U.S. Treasury announces sweeping sanctions against Iran amid oil export threat
Washington prepares 'economic D-Day' targeting Tehran's financial networks, as Iran vows to halt all oil shipments through the Strait of Hormuz.
Bernstein explores Hershey-Mondelez tie-up or acquisition
Analysts model a potential Hershey takeover of Mondelez, projecting EPS dilution or accretion depending on leverage and synergy assumptions. No official talks reported.