Equities
Diageo Appoints Former P&G Beauty CEO Alex Keith to Board
Diageo has announced the appointment of Alex Keith, former CEO of Procter & Gamble's Beauty business, to its board of directors.
PSP Swiss Property Boosts First-Half Profit on Richtipark Sale
Swiss real estate firm PSP Swiss Property posted higher earnings in the first half of 2026, supported by the sale of the Richtipark development project and a credit rating upgrade from Moody's.
Galderma Secures EU Approval for Restylane Shaype Injectable
Galderma has obtained European Union approval for Restylane Shaype, a hyaluronic acid injectable designed for chin augmentation.
Şişecam Reports H1 2026 Adjusted EBITDA Margin at 14% Amid Share Price Decline
Şişecam released its first-half 2026 financial slides, reporting an adjusted EBITDA margin of 14% as its stock traded lower.
CQS New City High Yield Fund issues 650,000 new shares at 50.5p
The fund priced the new shares at 50.5 pence each, raising capital for potential investments in high-yield debt instruments.
Belgium stocks rise; BEL 20 gains 1.73% at close
The BEL 20 index advanced 1.73% on Friday, outperforming broader European peers amid mixed regional trade.
France stocks slip as CAC 40 declines 0.66% at close
The CAC 40 index fell 0.66% on Wednesday, led by losses in industrial and energy sectors, as investors weighed mixed European economic signals.
Germany’s DAX falls 0.27% to close lower
European equities retreat as DAX closes down 0.27% after a session of mixed corporate earnings and cautious macro sentiment.
U.K. stocks end lower as FTSE 100 dips 0.25%
The FTSE 100 fell 0.25% on Tuesday, reflecting cautious investor sentiment amid mixed economic signals.
Paytm founder to sell 4.98% stake via entity
One 98.5% promoter entity of Paytm's founder plans to divest a 4.98% stake in the company through an open market transaction.
Flutter Entertainment shares fall as market sentiment sours
Stock declines 3.2% in London amid broader equity weakness and sector-specific pressures.
Morgan Stanley slashes China property forecasts on deeper price drops
Analysts cite accelerating declines in residential real estate prices as rationale for downgrading growth outlook.
EQT Holdings shares jump on strong quarterly earnings
Profit beats estimates as energy infrastructure unit drives growth, lifting EQT Holdings to session highs.
Chow Sang Sang shares jump on strong sales, profit forecast
Hong Kong jewelry retailer's stock rises after reporting higher-than-expected first-half earnings and raising its annual profit outlook.
Enovix shares fall sharply amid weak guidance
Battery technology developer cuts full-year revenue forecast, citing slower demand and supply constraints.
SpaceX shares rise as Starlink expansion accelerates
Elon Musk’s space venture gains after reports of Starlink’s growing subscriber base and satellite deployment, lifting investor sentiment.
Jefferies downgrades China online beauty sector outlook
Analysts cite weaker-than-expected July sales as demand softens in the Chinese beauty market.
Schindler wins elevator contract for GM’s New York HQ modernization
Swiss elevator maker to upgrade General Motors’ iconic Manhattan headquarters under a multi-year deal. Financial terms not disclosed.
European stocks edge lower as SIG Group weighs on Swiss index
DAX holds gains despite muted opening; SIG Group shares plunge after profit warning. Swiss SMI falls 0.8% as investors assess regional earnings outlook.
CSL shares surge 16.4% after FY2026 outlook upgrade
Biotech firm CSL lifts full-year guidance for FY2026, citing stronger demand and operational improvements. Shares rise to record highs.
Nestlé faces potential loss of control over Russian operations
Russian logistics firm KS Logistika seeks to take over Nestlé’s local business amid legal and regulatory pressures. Swiss conglomerate confirms talks but denies outright expropriation.
Nike shares hit 12-year low as UBS warns of falling sneaker prices
Nike stock fell to its lowest level since 2012 after UBS downgraded the company, citing concerns over declining sneaker prices and weak demand. Analysts warn of further pressure.
Jefferies maintains 'Hold' on Swiss Re with CHF 130 target
Analyst Philip Kett cites reinsurance sector headwinds as reason for unchanged rating. Swiss Re shares trade near CHF 120.
European stocks rise as Adyen surges after earnings beat
Earnings-driven gains led by Dutch payments firm Adyen, offsetting broader European market caution. DAX, CAC 40 and FTSE 100 all advance.