Companies
Attendo posts 56% EBITA surge as occupancy climbs to 88% in Q2 2026
Nordic care provider Attendo reported a 56% jump in lease-adjusted EBITA to SEK 321 million, while occupancy reached 88% and net sales grew 1% year-over-year. The company raised its 2028 adjusted EPS target above SEK 9.
Norconsult posts 17% Q2 revenue rise on healthcare demand
Engineering group reports NOK 2.88 bln net revenue in Q2 2026, driven by 6% organic growth and a 17% jump in total sales. Adjusted EBITA margin holds steady at 6.2% as Nordic public sector orders expand.
Amazon to spend $2 billion expanding Prime Video in Latin America through 2030
Prime Video’s largest regional investment will fund original content, sports rights and production infrastructure across Brazil, Mexico and three other core markets. Expansion also includes six additional territories.
Finnvera posts €348 mln H1 2026 profit, up 132% on year
Finnvera’s first-half profit surged to €348 million, driven by higher reversals of loss provisions and fee income, while export financing rose sharply. The state-owned export credit agency also flagged increased exposure to cruise shipping.
Lombard Odier posts 25% profit rise, record assets under management
Swiss private bank reports 9% revenue growth to CHF 740 million in H1 2026, with client assets hitting CHF 239 billion. CET1 capital ratio at 31% exceeds regulatory minimum.
Ex-Google engineer’s conviction for AI trade secrets theft partially overturned
A U.S. judge vacated seven economic espionage counts against Linwei Ding, citing insufficient evidence of intent to benefit China, while upholding his conviction on trade secrets theft. Sentencing set for September 1.
Disney seeks court order to block FCC review of ABC licenses
Media giant files lawsuit and motion for restraining order after regulator advances early review of eight company-owned stations. Justice Department urges judge to reject urgent hearing.
Lombard Odier profit up 25% in H1 2026 as assets hit records
Swiss private bank posts CHF 138 million net income gain and raises client assets to CHF 367 billion. Managed assets rise 7% to CHF 239 billion.
LGT posts 17% profit rise in H1 2026 as assets under management hit record
Group net profit rose to 281.6 million francs as revenues climbed 5% to 1.49 billion francs, with net new money inflows reaching 12.3 billion francs. Managed assets surged 7% to a record 412.6 billion francs.
German imports from China surge 8.8% in H1 2026 as trade deficit widens
China remains Germany's top trade partner by turnover, but exports to Beijing fell 12.2% as Beijing's industrial policy fuels overcapacity. Total trade deficit with China jumps to €52.7bn.
Liechtenstein’s Bank Frick appoints ex-Leonteq executive to board
Thomas Aebli joins Bank Frick’s supervisory board to bolster expertise in structured products, private debt and tech-driven investment platforms. Appointment effective Aug. 1.
Maerki Baumann appoints Patrick Vogt as Head of External Asset Managers
Vogt, a 19-year veteran at the Zurich private bank, will take over the role on Sept. 1, 2026, succeeding a long-standing focus on the EAM segment.
India receives $511.5m in FDI proposals under relaxed border rules
Twenty-nine investment proposals totaling 48.95 billion rupees were filed after India eased foreign direct investment rules for land-bordering nations. Sectors include IT, AI, manufacturing and pharmaceuticals.
BOC Aviation posts record interim profit, lifts dividend despite airline sector headwinds
First-half net profit rose 4% to $357 million on higher lease income, while the interim dividend climbed 22% as the lessor navigated jet fuel costs and slower traffic growth.
BOC Aviation posts record H1 2026 profit, lifts interim dividend 22%
Net profit rose 4% to $357 million as operating lease income climbed 6%, while total assets reached $27.8 billion. The interim dividend was raised to $0.1799 per share.
Baidu’s Apollo Go robotaxis launch on Uber in Dubai
Driverless vehicles from Baidu’s Apollo Go fleet now operate on Uber’s platform in select Dubai districts. Users can book fully autonomous rides via dedicated app options.
Evergrande founder sentenced to life in prison, assets seized
Hui Ka Yan, founder of China’s embattled Evergrande Group, was handed a life sentence for fraud and embezzlement. The ruling comes as the developer’s $300 billion debt crisis deepens China’s property sector downturn.
Swiss exports surge 13.8% in July after months of stagnation
Seasonally adjusted Swiss exports jumped to CHF 27.8 billion in July, rebounding sharply from prolonged stagnation with the largest monthly gain since early 2024.
Tekcapital’s Vesari adds satellite expert to advisory board
Dr. Barry G. Evans joins Vesari’s Science Advisory Board as Tekcapital’s portfolio company expands expertise in satellite laser data transmission for geothermal-powered AI infrastructure.
LGT posts 17% profit gain as assets top CHF400bn in H1 2026
Private bank’s net new money inflows hit CHF12.3bn, lifting managed assets to a record CHF412.6bn. CET1 ratio declines to 18.0% as costs rise 2%.
Swiss SMEs face rising costs from employee absences, AXA study finds
Four in ten Swiss small and mid-sized firms report absences costing more, with mental health-related leave rising 10 percentage points in a year. Leadership style linked to absenteeism rates.
Bank of America survey shows modest pickup in truckload demand outlook
Shipper optimism rises as BofA’s truckload demand indicator climbs to 57.4, though still below the 60 growth threshold for a second week. Spot rates ease but remain 38% higher than a year ago.
China sentences Evergrande founder to life in prison for fraud
A Chinese court convicted Hui Ka Yan on charges including illegal loans and bribery, fining Evergrande nearly $2.4 billion and ordering asset seizures. The ruling follows the property giant's 2021 default and subsequent collapse.
China Evergrande founder sentenced to life in prison for fraud
Hui Ka Yan, founder of the world’s most indebted property developer, received a life sentence with asset forfeiture after eight charges including fraud and misuse of funds. Verdict delivered in Hong Kong on Thursday.