Markets
Mizuho downgrades Norwegian Cruise Line to Neutral, cuts target to $17
Analyst cites self-inflicted operational challenges and macro pressures as the cruise operator faces a widening cash gap and rising leverage over the next 18 months.
Savox posts 12% H1 2026 revenue growth as stock falls 2.85%
Finnish communications firm Savox Communications reported a 12% year-over-year revenue increase for the first half of 2026, while its shares declined 2.85% to $10.24. Order intake surged 92% including options.
Swiss stocks slip as U.S. futures fall; Roche, Novartis rise; ABB leads declines
Swiss Market Index dips 0.13% as global equities drift lower on rising yields and Middle East tensions. Roche and Novartis gain, while cyclical stocks like ABB and construction firms retreat.
Xiaomi profit slumps 42.6% as costs weigh on smartphone sales
Net income fell to €794.2 million in Q2 as rising component prices and a 26% drop in handset shipments eroded margins. EV and AI units remain loss-making ahead of European launch.
Lonza completes decade-long mercury cleanup in Swiss Valais
Pharmaceutical group removes 3.5 tonnes of mercury from 170,000 sq m of contaminated soil in Upper Valais after 10-year remediation effort costing 51 million francs.
Talen Energy shares slump 11% on analyst downgrades and dilution concerns
Shares of Talen Energy fell sharply after Raymond James and Oppenheimer cut price targets and cited valuation risks, while a $984 million shelf offering added to investor concerns.
China's humanoid robots transition from exhibition stunts to commercial testing
Chinese robotics developers are shifting their focus from marketing stunts like marathons and backflips toward practical commercial applications.
Walmart Relies on Advertising Revenue as Core Retail Growth Stagnates
Advertising dollars are providing crucial support for Walmart as traditional retail performance slows.
Foxconn Unit Acquires Mexico Land Holding for $382.8M
A subsidiary of Foxconn has purchased land in Mexico for $382.8 million to expand its operational footprint.
Bank of America Recommends Selling AUD/NZD on Policy Divergence
Bank of America has recommended shorting the Australian dollar against the New Zealand dollar, citing an anticipated divergence in monetary policy.
The hidden operational toll of 24/7 Stock CFDs
STARTRADER’s 45 new round‑the‑clock equity CFDs sound like a retail breakthrough, but the back‑office, data and tech challenges may outweigh the convenience for many traders.
JPMorgan Maintains Neutral Rating on Nestlé, Citing Russia Operations
US investment bank JPMorgan keeps its neutral stance and a price target of 90 Swiss francs on food giant Nestlé.
Lloyds Banking Group Announces Plan to Redeem £500M Subordinated Debt
Lloyds Banking Group has announced plans to redeem £500 million in subordinated debt, according to a corporate filing.
Salmon Evolution posts Q2 2026 earnings gains on scale-up
Norwegian salmon producer reports improved margins and output as operational efficiency rises during expansion phase.
NexGen Energy Discusses Saskatchewan Uranium Project with BHP
NexGen Energy has entered into discussions with mining giant BHP regarding a potential development of its Saskatchewan uranium project.
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.
Switzerland Updates Sanctions Ordinances Concerning Moldova
The Swiss Federal Department of Economic Affairs, Education and Research has published an amendment to sanctions regarding Moldova.
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.