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Switzerland, China conclude trade deal to boost Swiss exports
Nearly all Swiss goods will enter China tariff-free under modernized pact, eliminating longstanding imbalance in bilateral trade terms.
Nomad Compute appoints Jonathan Hives as non-executive director
Hives brings 18 years of financial planning experience and joins Nomad Compute’s board as Paul Kennedy steps down. Warrants for 30 million shares at 0.25p each are part of the appointment.
Fed minutes show growing inflation worries at July meeting
Minutes from the July 28-29 Federal Reserve meeting reveal increased concerns over broad-based price pressures, with three policymakers dissenting in favor of a rate hike. The benchmark rate remained at 3.50%-3.75%.
U.S. Treasury yields surge in 2026 as bond ETFs face steep losses
Long-dated Treasury yields hit multi-year highs in August 2026 amid fiscal deterioration and inflation persistence, pressuring bond ETFs like TLT and AGG into deep oversold territory.
Abbott settles $495 million infant formula appeal
Pharma giant Abbott Laboratories resolves appeal of a Missouri court verdict tied to claims its formula caused a severe infant bowel condition, terms undisclosed.
Latin America growth seen slowing to 2.2% in 2026: UN agency
ECLAC revises down 2026 GDP forecast to 2.2% from 2.3%, citing a more challenging global backdrop. Region expected to log five straight years of ~2.3% average expansion by 2027.
FalconX, Ethena launch $1B lending facility backed by USDe collateral
Institutional crypto lender FalconX and Ethena have established a $1 billion secured facility using assets backing the USDe stablecoin to fund overcollateralized loans. Terms and borrowers remain undisclosed.
Tempus AI jumps 13% on strong earnings, AI platform validation
Chicago-based AI precision medicine firm reports first quarterly profit, raises 2026 revenue guidance after PRISM2 validation study and commercial partnership. Stock hits session high of $59.04.
Carry traders target Swiss franc as yen loses appeal
Hedge funds boosted net short positions in the Swiss franc to a two-month high as yen carry trades face volatility after recent interventions. Analysts cite low Swiss rates and SNB intervention risks as key drivers.
Jefferies upgrades VAT Group to ‘Hold’ after 170% rally
The Swiss semiconductor supplier’s shares rise 0.7% as Jefferies shifts stance from ‘Underperform’ to ‘Hold’, lifting its price target to 646 francs. Eight of 17 analysts now recommend buying.
Geberit posts strong Q2 2026 results, raises full-year outlook
Swiss plumbing supplier reports 5.9% organic sales growth in first half of 2026 despite currency headwinds, with EPS up 7.9% and EBITDA margin steady at 30.9%.
Diesel prices surge to $170/bbl as refining bottlenecks expose hidden energy shock
Analysts warn Brent’s $91/bbl price masks severe diesel shortages, with European diesel trading near record spreads and refinery constraints distorting energy markets.
Fractal Gaming Group Q2 sales plunge 65% as premium PC cases face demand slump
Swedish gaming accessories maker Fractal Gaming Group reported a sharp drop in quarterly sales, citing inventory normalization and weaker demand for premium products despite gains in market share.
Heidelberg posts 13% drop in Q1 sales as Italian subsidy phase-out hits orders
German printing equipment maker Heidelberg reported a sharp decline in first-quarter net sales and adjusted EBITDA margin as demand weakened in Europe. Full-year guidance was reaffirmed despite negative free cash flow.
BKW AG posts 7% rise in H1 2026 net profit despite lower operating earnings
Swiss utility BKW AG reported CHF 217.6 million in net profit for the first half of 2026, up 7% year-over-year, while operating earnings declined. The company maintained its full-year EBIT guidance range.
BICO shares surge 13% on Q2 2026 margin gains, revenue growth
Swedish biotech firm BICO Group reported a 59% gross margin in Q2 2026, up from 44% a year earlier, driving a 13% pre-market stock surge. Adjusted EBITDA margin improved to 6% from negative 2.6%.
KazMunayGas launches $500M tender offer for 2030 notes
KazMunayGas seeks to repurchase up to $500 million of its 5.375% notes due 2030, offering $1,012 per $1,000 principal for early tenders. The offer targets 40% of the $1.25 billion outstanding issue.
ASR Nederland posts record OCC, 222% solvency ratio in H1 2026
Dutch insurer ASR Nederland reports €773 million organic capital creation and a 222% Solvency II ratio for the first half of 2026, alongside a 9% interim dividend hike.
NEPI Rockcastle posts 3.5% earnings growth in H1 2026
Central and Eastern European retail property leader NEPI Rockcastle reports distributable earnings per share growth, portfolio expansion into Spain, and raised full-year guidance. Operational metrics remain robust with 98.2% occupancy.
US stocks rise as Moderna surges on cancer therapy data; SMI advances 0.36%
Moderna’s mRNA cancer vaccine trial results drove a near-doubling of its share price, while the Dow, S&P 500 and Nasdaq 100 posted modest gains. Swiss equities advanced as geopolitical risks and bond yields weighed on risk appetite.
ASR Nederland posts record H1 2026 profit, raises interim dividend
Dutch insurer's operating capital contribution rose 7.1% to a record €773 million, while net profit climbed 9.8% as solvency improved to 222%.
Extreme weather costs Europe billions as droughts and heatwaves strain economies
Record temperatures and low water levels disrupt shipping, power generation and agriculture, with Allianz estimating a 0.3 percentage point hit to euro zone GDP this year. Southern Europe faces prolonged growth losses and fiscal strain.
BKW shares fall after H1 profit drops, 2026 EBIT outlook cut
Swiss energy group BKW reported a 15% drop in H1 EBIT and confirmed a lower-end 2026 earnings target. Shares fell more than 1% as energy market headwinds weighed on performance.
Alfen’s H1 2026 revenue rises 23.6% but shares drop 6.3% on margin concerns
Dutch electrification firm Alfen reported a 23.6% year-over-year revenue increase to €261.5 million in H1 2026, but its stock fell 6.3% after executives flagged margin pressures in energy storage and EV charging.