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- Porsche SE Welcomes Volkswagen Group’s Future Plan 2030 Approval
Porsche Automobil Holding SE welcomed the Volkswagen AG supervisory board’s unanimous approval of the “Future Plan 2030.” The plan aims to strengthen Volkswagen’s competitiveness, reduce costs, and improve profitability, Porsche SE said. Hans Dieter Pötsch, Chairman of the Board… Read more: Porsche SE Welcomes Volkswagen Group’s Future Plan 2030 Approval - BP Agrees to Sell Brazil, Gulf of America Exploration Stakes to Shell
BP agreed to sell a 50% stake in its Tupinambá exploration block in offshore Brazil to Shell. BP also agreed to sell a 30% stake in five leases for the Conifer exploration prospect in the deepwater Gulf of America… Read more: BP Agrees to Sell Brazil, Gulf of America Exploration Stakes to Shell - Sofina Net Asset Value Rises 6.8% in First Half 2026
Sofina SA’s Net Asset Value reached EUR 11.5 billion as of June 30, 2026, the company said. NAV stood at EUR 326 per share, a 6.8% increase versus six months earlier, Sofina said. Sofina said it added disclosure of… Read more: Sofina Net Asset Value Rises 6.8% in First Half 2026 - CD PROJEKT Posts Higher H1 Profit, Unveils Witcher Game Schedule
CD PROJEKT reported 435 million PLN in revenues and 249 million PLN in consolidated net profit for the first half of 2026. The company announced The Witcher 3: Wild Hunt – Remastered will launch on September 29, 2026, and… Read more: CD PROJEKT Posts Higher H1 Profit, Unveils Witcher Game Schedule - 3M Launches New Cooling Film for Vehicle Fleets
3M introduced a new Cooling Film designed to reduce heat in vehicle cabins. The film reflects over 85% of solar radiation to lower interior temperatures by up to 10°F, 3M said. The company stated the product aims to improve… Read more: 3M Launches New Cooling Film for Vehicle Fleets - Orange Announces New Submarine Cable Linking La Réunion to South Africa
Orange announced the ReuNION submarine cable project to connect La Réunion with South Africa. The new cable aims to improve network resilience and reduce latency for international connectivity in the region, Orange said. The European Union is co-financing the… Read more: Orange Announces New Submarine Cable Linking La Réunion to South Africa - American Rheinmetall Wins $710,000 Kongsberg Award for MCT-30 Parts
American Rheinmetall said Kongsberg Defence & Aerospace awarded it a contract worth about $710,000 to produce machined components for the MCT-30 turret. The parts will support the U.S. Marine Corps ACV-30 amphibious infantry fighting vehicle, Rheinmetall said. Work will… Read more: American Rheinmetall Wins $710,000 Kongsberg Award for MCT-30 Parts - Austrian Post to Offer Verbund Power and Gas Tariffs This Autumn
Austrian Post said it expects to offer exclusive electricity and gas tariffs from Verbund this autumn in about 330 company-operated branches. Further details of the offer will be published before the market launch, Austrian Post said. A rollout to… Read more: Austrian Post to Offer Verbund Power and Gas Tariffs This Autumn - BP Appoints Ian Tyler as Chair, Effective Immediately
BP said its board appointed Ian Tyler as chair of the company, effective immediately. Tyler joined the BP board as a non-executive director in April 2025 and became interim chair on May 26, 2026, the company said. He is… Read more: BP Appoints Ian Tyler as Chair, Effective Immediately - Shell Agrees to Buy Rest of Tri Star Energy, Adding 320 U.S. Sites
Shell said Equilon Enterprises, doing business as Shell Oil Products US, signed an agreement to raise its stake in Tri Star Energy from 33% to 100%. Once completed, the deal would add 320 company-owned fuel and convenience sites in… Read more: Shell Agrees to Buy Rest of Tri Star Energy, Adding 320 U.S. Sites - Nestlé Agrees to Sell Mainstream Vitamins Business for $1 Billion
Nestlé said it agreed to sell its mainstream vitamins, minerals and supplements business to Yellow Wood Partners for $1.0 billion (CHF 0.8 billion). The deal is subject to regulatory approvals and is expected to close by the first half… Read more: Nestlé Agrees to Sell Mainstream Vitamins Business for $1 Billion - UBS Says Swiss Panel Recommendations Would Require $13 Billion Extra AT1
UBS said recommendations from Switzerland’s upper-house economic committee would require parent bank UBS AG to hold about $13 billion of extra Tier 1 capital that could be met with Additional Tier 1 instruments. That amount would sit on top… Read more: UBS Says Swiss Panel Recommendations Would Require $13 Billion Extra AT1 - IHG Signs Franchise Deal for 40-Room Garner Hotel in Ahmedabad
IHG Hotels & Resorts said it signed a franchise agreement for Garner Hotel Ahmedabad Motera, a 40-room hotel scheduled to open in 2029. The hotel will be developed by Devpriya Buildcon and managed by United Hospitality Management India, IHG… Read more: IHG Signs Franchise Deal for 40-Room Garner Hotel in Ahmedabad - Rheinmetall LUNA NG Gets Provisional Airworthiness Certificate From German Military
Rheinmetall said Germany’s Bundeswehr Aviation Authority granted provisional airworthiness certification for its LUNA NG unmanned reconnaissance system. Full type certification is still pending, the company said. LUNA NG completed about 150 flights totaling about 200 hours in trials under… Read more: Rheinmetall LUNA NG Gets Provisional Airworthiness Certificate From German Military - Rheinmetall Delivers First Lynx XM30 Prototype to U.S. Army
American Rheinmetall said it delivered the first of eight Lynx XM30 combat vehicle prototypes to the U.S. Army. The prototype has entered government-led testing under a Phase 3/4 engineering and manufacturing development contract valued at about $764 million, the… Read more: Rheinmetall Delivers First Lynx XM30 Prototype to U.S. Army - AstraZeneca Wins EU Approval for Enhertu Combination in First-Line Breast Cancer
AstraZeneca and Daiichi Sankyo said Enhertu plus pertuzumab was approved in the EU as first-line treatment for adults with unresectable or metastatic HER2-positive breast cancer. AstraZeneca said it completed a previously announced exclusive license agreement with Dizal for Zegfrovy,… Read more: AstraZeneca Wins EU Approval for Enhertu Combination in First-Line Breast Cancer - Surventis Names Rebecca Koch Chief HR Officer
Surventis appointed Dr. Rebecca Koch as its Chief Human Resources Officer, BASF SE said Koch will join Surventis’ Executive Committee effective September 1, 2026. Surventis said Koch will focus on developing the global HR organization for growth and performance.… Read more: Surventis Names Rebecca Koch Chief HR Officer - Aedifica To Up Gross Dividend By 5%
Aedifica said EPRA earnings per share rose 5% to €2.71 in the first half, which it described as highlighting the accretiveness of the Cofinimmo transaction. The company said it took control of Cofinimmo on March 10 after 80% of… Read more: Aedifica To Up Gross Dividend By 5% - Novartis Says Remibrutinib Cut MS Relapses Versus Teriflunomide in Phase 3 Trials
Novartis said two Phase 3 REMODEL trials of remibrutinib met their primary endpoint, reducing the annualized relapse rate versus teriflunomide in relapsing multiple sclerosis. The company said remibrutinib was superior to teriflunomide on all key secondary endpoints in each… Read more: Novartis Says Remibrutinib Cut MS Relapses Versus Teriflunomide in Phase 3 Trials - UCB to Present 18 Epilepsy Abstracts at European Congress in Athens
UCB said it will present 18 abstracts at the 16th European Epilepsy Congress in Athens from Sept. 5 to Sept. 9. A post hoc analysis of a Phase 3 trial in CDKL5 deficiency disorder found fenfluramine was linked to… Read more: UCB to Present 18 Epilepsy Abstracts at European Congress in Athens - Rolls-Royce Completes $1 Billion Indiana Investment
Rolls-Royce completed a $1 billion, decade-long investment in its Indiana manufacturing and test facilities. The investment modernized advanced manufacturing and added full engine-test capabilities in Indianapolis and West Lafayette. Rolls-Royce said the upgrade strengthens the U.S. defense industrial base… Read more: Rolls-Royce Completes $1 Billion Indiana Investment - Ackermans & van Haaren Invests in Salmon Aquaculture, Reports Strong H1 Profit
Ackermans & van Haaren will invest 93 million euros in Grieg Aqua, a Norwegian salmon aquaculture holding company, the company said. The Belgian investment firm reported a net profit of 339.6 million euros for the first half of 2026,… Read more: Ackermans & van Haaren Invests in Salmon Aquaculture, Reports Strong H1 Profit - Qiagen Launches Automated Clinical Nucleic Acid Extraction Platform
Qiagen N.V. commercially launched QIAsymphony Connect, an IVD-compliant platform for automated clinical nucleic acid extraction. The new system aims to standardize extraction across diverse assay workflows, improving productivity and sample traceability, Qiagen said. QIAsymphony Connect supports high-growth applications like… Read more: Qiagen Launches Automated Clinical Nucleic Acid Extraction Platform - M&S Deploys AI for Dairy Farm Animal Welfare
Marks & Spencer (M&S) became the first retailer to implement AI-powered welfare monitoring across its 46 British dairy farms. The technology uses existing parlor cameras and algorithms, trained by veterinarians, to enhance regular in-person welfare checks. M&S stated the… Read more: M&S Deploys AI for Dairy Farm Animal Welfare - Poland’s KRUK H1 Net Profit Dips 5% as Recoveries Rise
KRUK Group reported a net profit of PLN 555 million for the first half of 2026, a 5% decrease year-on-year. Recoveries from purchased debt portfolios increased by 5% to PLN 2,011 million, KRUK said. The company launched the initial… Read more: Poland’s KRUK H1 Net Profit Dips 5% as Recoveries Rise - Rheinmetall to Build New Logistics Center at Kassel Airport
Rheinmetall plans to establish a new logistics and technology center at Kassel Airport in North Hesse. The State of Hesse will support Rheinmetall’s investment, which totals a three-digit million euro sum. The new center, scheduled for late 2027 operation,… Read more: Rheinmetall to Build New Logistics Center at Kassel Airport - DEME Posts Strong First Half 2026 Results, Eyes Record Year
DEME reported a 20% increase in net profit to 215 million euros for the first half of 2026. The company’s turnover rose 2% to 2.2 billion euros during the same period, DEME said. DEME’s order book reached 7.1 billion… Read more: DEME Posts Strong First Half 2026 Results, Eyes Record Year - Lonza Names Samanta Cimitan Chief Commercial Officer
Lonza appointed Samanta Cimitan as Chief Commercial Officer, the company said. Cimitan will join Lonza by January 1, 2027, in the newly created role, Lonza stated. The appointment aims to strengthen customer engagement and commercial delivery across the company,… Read more: Lonza Names Samanta Cimitan Chief Commercial Officer - Lenzing Shareholders Approve Capital Increase
Lenzing AG shareholders approved a capital increase of approximately EUR 300 million. The company said the measure aims to strengthen its financial structure and support its “Grow Nonwovens, Reset Textiles” strategy. Lenzing AG also announced the election of Martin… Read more: Lenzing Shareholders Approve Capital Increase - Rheinmetall to Build Modular Camp for Bundeswehr in Lithuania
Rheinmetall received an initial order from the Federal Office of Bundeswehr Infrastructure, Environmental Protection and Services (BAIUDBw) for a modular camp in Lithuania. The contract, booked in Q3/2026, is valued at €250 million for construction and €40 million annually… Read more: Rheinmetall to Build Modular Camp for Bundeswehr in Lithuania