Markets
Vistry Group Reports £30M H1 Loss, Restructuring Charges Hit Shares
Vistry Group’s H1 2026 loss of £30 million and strategic charges pushed shares down 5.45% after CEO Adam Daniels announced cost-cutting measures and a shift toward simplified operations.
Swiss Finance Minister Calls UBS Exit Unlikely Despite Capital Rule Row
Karin Keller-Sutter says the bank's business model depends on Switzerland and that stricter capital rules are manageable, even as tensions with UBS remain high.
Baozun Inc. authorizes $10 million share repurchase program
Chinese e-commerce company Baozun Inc. has authorized a share repurchase program of up to $10 million over the next 12 months, demonstrating confidence in its business outlook.
Biodesix Expands MRD Testing Collaborations with Bio-Rad, Thermo Fisher
Biodesix Inc. advances molecular residual disease (MRD) testing programs with Bio-Rad Laboratories and Thermo Fisher Scientific, aiming to improve cancer detection via circulating tumor DNA analysis.
MediciNova Reports ALS Trial Completion, Eyes 2026 Topline Results
MediciNova Inc. concluded its double-blind phase of the COMBAT-ALS Phase 2b/3 trial, with 234 participants across U.S. and Canadian sites, aiming for FDA/EMA regulatory pathways for MN-166 (ibudilast).
Oil prices near $100/bbl as US-Iran diplomacy and Saudi supply risks weigh
Oil prices hovered around the $100 per barrel threshold, influenced by U.S.-Iran diplomatic developments and concerns over Saudi supply. Various energy deals and corporate actions also shaped the market.
Kuehne+Nagel projects double‑digit AI data‑center logistics growth to 2029
The Swiss logistics group expects sustained double‑digit expansion in its technology and data‑center services through 2029, driven by AI infrastructure spending and a new seven‑year deal with Amazon.
Ukraine Strikes Russian Oil Refinery as Drone Campaign Intensifies
Ukraine says it hit the Ilsky refinery in Krasnodar, killing three, as Moscow claims it shot down hundreds of drones overnight amid escalating attacks on Russian energy infrastructure.
United Airlines takes delivery of first Airbus A321XLR with Pratt & Whitney GTF Advantage engines
United Airlines has received its first Airbus A321XLR aircraft powered by Pratt & Whitney's GTF Advantage engines, marking the first GTF Advantage-powered aircraft in commercial service. The new engines offer enhanced durability and takeoff thrust capabilities.
Boxabl Names Ex-EY Audit Partner as Audit Committee Chair
BOXABL Inc. announces the appointment of Timothy Goldsmith to its board, chairing the Audit Committee and joining the Nominating and Corporate Governance Committee.
Sequans Completes Bitcoin Sale, Reports 80% Product Revenue Growth
Semiconductor company Sequans Communications S.A. (NYSE: SQNS) sold its remaining 314 Bitcoin holdings, ending its cryptocurrency holdings. The company also reported an 80% year-over-year increase in second-quarter product revenue.
Bitcoin Drops Below $83K as Traders Price Four Fed Rate Hikes by June 2027
Rising Treasury yields and a stronger dollar weigh on crypto and gold amid expectations of prolonged monetary tightening.
Fervo Energy's Cape Station Achieves First Geothermal Power
Fervo Energy's Cape Station in Utah becomes first utility-scale enhanced geothermal system to synchronize with the grid and export power, marking a significant milestone for the company's renewable energy projects.
European equities decline amid rising yields and geopolitical risks
Indices fell as bond yields rose, US economic data fueled fears of further Fed tightening, and sectoral weakness persisted.
LEM shares rise on 25% upside potential
Swiss electronics components manufacturer LEM's shares are surging, with analysts expecting further gains as the company's turnaround continues.
Hungary's central bank backs forint appreciation to aid disinflation
The National Bank of Hungary says a stronger forint can help meet its revised inflation target, noting limited impact on growth and no clear link to export performance.
Bitcoin Drops Below $84K as 10-Year Treasury Yield Hits 19-Year High
Bitcoin's price decline coincides with a significant rise in the US 10-year Treasury yield, which reached its highest level since 2007. Analysts predict a high probability of a Federal Reserve rate hike in October.
Bank of America forecasts EUR/USD at 1.15 by year-end
Bank of America predicts EUR/USD will reach 1.15 by the end of 2026, slightly below Bloomberg's consensus median forecast of 1.17. The bank also anticipates a rise to 1.20 by the end of 2027.
Santander repurchases 10.9 million shares, spending €696.8 million
Banco Santander bought 10.9 million shares between Sep 17‑23, using €696.8 million and reaching about 38% of its authorised buyback allocation.
EBA Proposes Crypto Lending Rules Under EU’s MiCA Framework
Regulators urge stricter oversight of crypto borrowing and DeFi lending to align with MiCA, citing growth in EU member states
Cross-Border Refueling Still Makes Sense for Some Swiss Drivers
Fuel taxes in Germany and Austria will drop next month, widening the price gap with Switzerland — but only border-region drivers save enough to justify the trip.
Oil eases slightly as US‑Iran truce hopes offset Saudi supply worries
Crude prices slipped after reports of US‑Iran talks to reopen the Strait of Hormuz, even as U.S. Treasury yields rose above 5% and equity markets posted modest gains.
CTF Services Posts Stable FY 2026 with Insurance Growth Leading AOP
Hong Kong-based CTF Services reported a 3% year-on-year rise in attributable operating profit, driven by strong performance in insurance and logistics segments.
Bitcoin falls to $83,344 as 10-year Treasury yield hits 2007 high
The U.S. 10-year Treasury yield reached its highest level since 2007, driving equities and crypto lower. Bitcoin fell to $83,344, down 1.23% since midnight UTC.
ABN AMRO Posts 30% Profit Growth, ROE Above 12% at Bank of America Conference
Capital gains, fee income and cost efficiencies drove a 30% year-over-year profit increase and a return on equity above 12%, while strategic AI adoption and NIBC integration aim to boost market share.
