Companies
Adenauer & Co fashion chain files for insolvency in Germany
Founder Andreas Adenauer cites embezzlement and fraud as reasons for the company's financial crisis
Innsbruck 'Villa N' considered for conversion into hotel
The former residence of René Benko is being evaluated as part of insolvency utilization plans.
Berenberg Bank undergoes wealth management restructuring
The restructuring follows the removal of the bank's leadership by BaFin in June.
California court sets March trial for Paramount Skydance's Warner acquisition
The antitrust lawsuit involving twelve US states and a screenwriters' union has delayed an $111 billion deal.
Ellison: Mega-Merger Opposition Driven by Politics, Not Market Share
Paramount Skydance CEO defends $111bn Warner Bros. Discovery deal amid lawsuits and political backlash.
Paramount Skydance raises full-year profit outlook, ‘confident’ on WBD deal
The company’s Q2 earnings beat revenue expectations and it raised its adjusted EBITDA guidance citing merger savings.
Federal Reserve Board approves application by Banco Santander and Santander Holdings USA
The decision follows a formal application process by the banking group and its US-based holding company.
Spotify reaches 300 million Premium subscribers
The music streaming giant announced the milestone alongside its latest quarterly financial results, which showed revenues reaching approximately €4.78 billion.
Pfizer exceeds second-quarter estimates, raises revenue outlook
Stronger performance from non-Covid products drives the pharmaceutical company to hike full-year revenue guidance.
Turkey Wealth Fund Izmir Port ownership transfer
The strategic asset will undergo a transformation process under an operating model.
US fast-food company Fat Brands to be liquidated following bankruptcy
The company’s assets were sold in four parts to settle approximately $1.4 billion in debt.
European Commission completes legal steps for Scaleup Europe Fund
The €5 billion fund aims to help European companies expand and compete in global markets.
Prologis to acquire SEGRO in $18.8 billion deal
US real estate group Prologis plans to buy London-listed SEGRO, with the recommended bid valued at $18.8 billion (about £14 billion).
Lufthansa cuts 2026 outlook as Q2 profit hit by fuel costs, strikes
The German airline warned of heightened uncertainty and cited jet fuel price volatility and shorter booking cycles as challenges.
Toyota Q1 profit dips; announces buyback, hikes FY outlook
Resilient hybrid demand and weak yen offset rising costs, tariffs, and supply disruptions.
Bayer tops Q2 estimates on Crop Science strength, lowers debt outlook
The company's second-quarter profit exceeded expectations, supported by its crop science division, while it also revised its debt forecast.
Douglas Dynamics posts record Q2 2026
The company raised its full-year outlook despite higher costs and a pause in orders from some fleet customers.
Mastercard completes $1.8 billion acquisition of BVNK
Mastercard stated the deal integrates stablecoin infrastructure into its global network for cross-border payments and treasury flows.
Nippon Electric Glass Stock Plunges Today
Shares of the Japanese glassmaker fell sharply in trading, though the company has not yet issued a statement.
Qantas exits Jetstar Japan in $52 million share buyback deal
The Australian carrier is selling its stake in the budget airline.
LY Corporation Q1 FY2026 Profit Surges 23%
The company highlighted growing traction in its AI initiatives during the quarterly earnings call.
Snap reports second-quarter revenue and earnings beat expectations
The company forecasts third-quarter sales above analyst estimates amid momentum in advertising.
Beiersdorf lowers 2026 financial targets amid Nivea sales slowdown
German consumer goods company cites slower recovery for Nivea brand and Middle East conflict disruptions.
UBS fined $125 million by US regulators for money laundering violations
The settlement addresses allegations of willful and repeated violations of anti-money laundering rules by a UBS subsidiary.
Stabilus Q3 profit rises on business disposals despite lower revenue
Third-quarter revenue fell roughly 4% as company focuses on debt reduction following business sales
Lindblad Expeditions shares rise 4% on second-quarter earnings beat
The company reported a 19% increase in revenue and raised its full-year outlook.
Agnico Eagle targets 20% to 30% increase in annual gold production
The Toronto-based producer outlines growth through organic expansion and new mining projects.
Japan Airlines net profit drops 80.2% despite revenue growth
Rising fuel costs and weaker outbound tourism affected the airline's first-quarter earnings.
Freedom Holding Corp. acquires 99.31% stake in Turkish Bank A.Ş.
The US-based firm enters the Turkish financial sector following the completion of the share transfer.
Marriott International beats second-quarter earnings estimates
Revenue fell short of analyst expectations despite adjusted earnings per share exceeding projections.