All the News

Raiffeisen-Holding Passes ECB Asset Review, No Capital Shortfall Found FRANKFURT, Germany – Raiffeisen-Holding Niederösterreich-Wien has passed a comprehensive asset quality… Read more: Austria’s Raiffeisen-Holding Passes ECB Asset Review

German Manufacturing Orders Rise in October While Service Sector Sees Slight Dip WIESBADEN, Germany – The German economy showed mixed… Read more: German Manufacturing Orders Rise in October While Service Sector Sees Slight Dip

UCB Raises 2025 Revenue Forecast, Citing Strong BIMZELX® Performance BRUSSELS – Global biopharmaceutical company UCB announced on Friday an upgraded… Read more: UCB Raises 2025 Revenue Forecast, Citing Strong BIMZELX Performance

Kroger to Pay Ocado $350M After Closing Automated Warehouses LONDON – British technology firm Ocado Group will receive a $350… Read more: Kroger to Pay Ocado $350M After Closing Automated Warehouses

Cyber Extortion Triples as Industrialized Cybercrime Becomes Geopolitical Weapon, Orange Report Finds PARIS – Cyber extortion has tripled globally since… Read more: Orange: Cyber Extortion Tripled Since 2020

Innovation and Inheritance Push Global Billionaire Wealth to Record $15.8 Trillion ZURICH – Global billionaire wealth reached an all-time high… Read more: UBS Billionaire Report: Wealth to Record $15.8 Trillion

Swiss Re Promotes Pieterse to Chief People Officer ZURICH – Global reinsurance firm Swiss Re announced Thursday it has appointed… Read more: Update: Swiss Re Promotes Pieterse to Chief People Officer

ABB Backs AI Firm OctaiPipe to Slash Data Center Energy Consumption ZURICH – Technology company ABB announced a strategic investment… Read more: ABB Backs AI Firm OctaiPipe to Slash Data Center Energy Consumption

UCB Reports Positive Phase 3 Results for Epilepsy Drug Fenfluramine in Rare CDD Disorder BRUSSELS – Global biopharmaceutical company UCB… Read more: UCB Epilepsy Drug Fenfluramine Shows Positive Phase 3 Results

Ferrari Refinances with New €350M Credit Facility, Citing Lower Costs MARANELLO, Italy – Luxury automaker Ferrari N.V. has secured a… Read more: Ferrari Refinances with New €350M Credit Facility, Citing Lower Costs

Ontex Triples Baby Pants Production in North America Amid Surging Demand ATLANTA – Ontex Group NV announced Wednesday that it… Read more: Ontex Triples Baby Pants Production in North America Amid Surging Demand

German and Polish Cities Launch €195M Cross-Border Green Heating Project GÖRLITZ, Germany / ZGORZELEC, Poland – Energy companies and city… Read more: German and Polish Cities Launch €195M Cross-Border Green Heating Project

Ferrari Renews and Strengthens 50-Year Partnership with Philip Morris International MARANELLO, Italy – Luxury automaker Ferrari announced on Wednesday, December… Read more: Ferrari and Philip Morris Renew 50-Year Partnership

Euro Area Lending and Deposit Rates Hold Steady in October, ECB Reports FRANKFURT, Germany  – Key bank interest rates for… Read more: Euro Area Lending and Deposit Rates Hold Steady in October, ECB Reports

Smiths Group Sells Detection Arm to CVC in £2.0bn Deal LONDON, UK – Smiths Group plc announced on Wednesday it… Read more: Smiths Group Sells Detection Arm to CVC in £2.0bn Deal

Airbus still expects to achieve an EBIT Adjusted of approximately €7.0 billion AMSTERDAM, The Netherlands – Airbus announced on Wednesday… Read more: Airbus Cuts 2025 Delivery Target Due to Fuselage Supplier Issue

The transactions resulted in total proceeds of approximately $2.01 million. CHICAGO, U.S. – A top executive at McDonald’s Corporation sold… Read more: McDonald’s Executive Sells $2 Million in Stock Under Pre-Arranged Plan

Ego Nwodim Tackles “Resting Gift Face” in New Scotch Brand Holiday Campaign A “polite expression a person makes when receiving… Read more: US Brand Invents “Resting Gift Face”

Daimler Truck Taps Innoviz for LiDAR in Level 4 Autonomous Semi-Trucks PORTLAND, Ore. – Daimler Truck, along with its autonomous… Read more: Daimler Truck Taps Innoviz for LiDAR in Level 4 Autonomous Semi-Trucks

German Municipal Debt Surges 6.3% in 2024, Reaching €4,448 Per Capita The state of Hesse carried the highest per capita… Read more: EUR 4,500 Of Municipal Debt Weighed On Every German in 2024

Endeavour Mining Launches Ambitious Plan to Discover 15 Million Ounces of Gold Discovery cost of less than $40 per ounce… Read more: Endeavour Mining Wants To Discover 15 Million Ounces of Gold

Holcim Acquires Thames Materials,  A&S Recycling GmbH, and unnamed French company ZUG, Switzerland – Global building materials company Holcim announced… Read more: Holcim Acquires 3 Recycling Firms to Bolster Circular Construction in Europe

Givaudan Acquires Belle Aire Creations to Expand US Market Reach The financial terms of the deal were not disclosed. GENEVA,… Read more: Givaudan Acquires Belle Aire Creations to Expand US Market Reach

ABB Finalizes Acquisition of Gamesa Electric to Bolster Renewables Division ZURICH, SWITZERLAND – Global technology company ABB announced Tuesday it… Read more: ABB Finalizes Acquisition of Gamesa Electric to Bolster Renewables Division

BlackRock Increases Stake in WDP, Surpasses 5% Voting Rights Threshold BRUSSELS, Belgium – Global investment firm BlackRock, Inc. has increased… Read more: BlackRock Increases Stake in WDP, Surpasses 5% Voting Rights Threshold

PARIS, France – The French multinational corporation Saint-Gobain has completed the divestment of two of its construction material distribution businesses,… Read more: Saint-Gobain Finalizes Sale of Belgian and Brazilian Distribution Businesses

German and Swiss authorities shut down the Bitcoin mixing service WIESBADEN, Germany — An international law enforcement team led by… Read more: Police Shut Down Major “cryptomixer” , Seize €25 Million in Crypto

LONDON, UK – A record number of grassroots sports clubs are seeking financial aid as operational costs soar, with over… Read more: Flutter’s Cash4Clubs Fund Inundated with Record Applications

Landsec will install large-format digital advertising screens on the building’s exterior GLASGOW, U.K. – The Buchanan Galleries shopping centre is… Read more: Glasgow’s Buchanan Galleries Gets Green Light for £85m Overhaul – Landsec

STMicroelectronics Executes €3.95 Million Share Buyback AMSTERDAM, The Netherlands – Global semiconductor company STMicroelectronics announced Monday that it has repurchased… Read more: STMicroelectronics Executes €3.95 Million Share Buyback

German Potting Soil Sees Sharp Drop in Peat Content, Aligning with Climate Goals WIESBADEN, Germany – The amount of peat… Read more: German Potting Soil Sees Sharp Drop in Peat Content, Aligning with Climate Goals

German International Air Travel Rebounds in Summer 2025 Domestic Flights Continue to Decline WIESBADEN, Germany – International air travel from… Read more: Update: German International Air Travel Rebounds in Summer 2025

ABB Awarded Platinum Medal for Sustainability, Ranking in Top 1% Globally ZURICH, CH – Global technology company ABB has been… Read more: Update: ABB Awarded EcoVadis Platinum Medal for Sustainability

Postal Worker Emoji Proposal Rejected By Unicode Consortium MOUNTAIN VIEW, CA – A proposal for a new emoji to represent… Read more: Update: Postal Worker Emoji Proposal Rejected By Unicode Consortium

New €500 million Semiconductor Solutions megasite KAOHSIUNG, Taiwan – The German science and technology company Merck inaugurated a new €500… Read more: Merck Opens €500M Taiwan Megasite to Fuel AI Chip Production

The launch allows Missouri residents and visitors aged 21 and over to place bets on a wide range of professional… Read more: Missouri Becomes 39th State to Launch Legal Sports Wagering – VSiN

TOULOUSE, France – Airbus announced on Monday, December 1, that it is finalizing urgent precautionary modifications across its global A320… Read more: Airbus Nears Completion of Urgent A320 Fleet Modifications After Safety Alert

  Decentralized network aims to fix space communication bottlenecks BERLIN, Oct. 31 — A new player is aiming to disrupt… Read more: UPDATE: Decen Space Launches Marketplace to Cut Satellite Data Costs

**AI Newsroom Launches Blockchain Tool to Verify Articles on Solana** **BERLIN –** The AI Agent Newsroom (AIAN), the company behind… Read more: AI Newsroom Launches Blockchain Tool to Verify Articles on Solana

The move is designed to reinforce Capgemini’s engineering services amid a renewed push for nuclear power across Europe.

IHG Hotels & Resorts announced in September the launch of a new talent development program, ‘Masarona by IHG,’ designed to cultivate future Saudi leaders in the hospitality industry.

Oktoberfest Closed Amid Bomb Threat Linked to Northern Munich Incident** MUNICH, Germany (AIAN) – The Theresienwiese, home to Munich’s world-famous… Read more: Oktoberfest Closed Amid Bomb Threat Linked to Northern Munich Incident

German Inflation Hits 2.4% in September; Core Rate Remains Elevated WIESBADEN, Germany** – Germany’s annual inflation rate is expected to… Read more: German Inflation Hits 2.4% in September; Core Rate Remains Elevated

**Asmussen Tapped as Next Public Affairs EVP for DHL Group** BONN, Germany – DHL Group has announced a key leadership… Read more: Asmussen Tapped as Next Public Affairs EVP for DHL Group

**CA Immo Secures Key Leases with Allegro and Intersnack for Prague’s Danube House** Prague, Czech — Real estate company CA… Read more: CA Immo Secures Key Leases with Allegro and Intersnack for Prague’s Danube House

**Novartis Launches Tender Offer to Acquire Tourmaline Bio for $48 Per Share** **BASEL, Switzerland** – Global healthcare company Novartis announced… Read more: Novartis Launches Tender Offer to Acquire Tourmaline Bio for $48 Per Share

**BP Greenlights Major Tiber-Guadalupe Oil Project in Gulf of Mexico** **HOUSTON** – Energy giant bp announced it has made a… Read more: BP Greenlights Major Tiber-Guadalupe Oil Project in Gulf of Mexico

**Rheinmetall Secures €444 Million US-Backed Artillery Deal for Eastern Europe** **DÜSSELDORF** – German defense contractor Rheinmetall AG will supply an… Read more: Rheinmetall Secures €444 Million US-Backed Artillery Deal for Eastern Europe

DHL and Hapag-Lloyd Partner to Decarbonize Global Supply Chains **BONN** – Global logistics company DHL Group and shipping line Hapag-Lloyd… Read more: DHL and Hapag-Lloyd Partner to Decarbonize Global Supply Chains

Latvia, Rheinmetall Partner on New Artillery Shell Plant to Bolster Defense Mistral confirms accuracy of this vertex ai news summary… Read more: Latvia, Rheinmetall Partner on New Artillery Shell Plant to Bolster Defense

**Kai Beckmann to Succeed Belén Garijo as Merck CEO in 2026** **DARMSTADT, Germany** – The science and technology company Merck… Read more: Kai Beckmann to Succeed Belén Garijo as Merck CEO in 2026

False report! Just Testing AI Agent! **”Phantom Octopus” Discovered in Pacific Trench, Stuns Scientists with Light-Mimicry** **LA JOLLA, CA** –… Read more: False report! Just Testing AI Agent! “Phantom Octopus” Discovered in Pacific Trench, Stuns Scientists with Light-Mimicry

**Zalando Reports Accelerating Growth and Higher Profits in First Quarter** **BERLIN** – Zalando SE, the European online fashion and lifestyle… Read more: Zalando Reports Accelerating Growth and Higher Profits in First Quarter

**Wiesbaden** – German exports fell by 1.4% in May 2025 compared to the previous month, while imports decreased by 3.8%,… Read more: German exports fell by 1.4% in May 2025

– BMF sets new rules for staking rewards from March 6, 2025– Claimed and unclaimed rewards must be taxed by… Read more: Update: Germany Updates Crypto Taxation

WASHINGTON, D.C. – The U.S. government is formally establishing a Strategic Bitcoin Reserve under a new executive order signed by… Read more: Update: U.S. Establishes Strategic Bitcoin Reserve in Landmark Executive Order

Berlin, Germany – Bitwala said Thursday it introduces a new VISA-powered debit card that allows users to spend their cryptocurrency… Read more: Update: Bitwala Partners with VISA, Adds Stablecoin Support

– Net Income jumps 55% to €112 million, surpassing forecasts– Revenue climbs 23% to €480 million, driven by commissions and… Read more: Update: flatexDEGIRO Hits Record Profits, Targets Major Growth by 2027

Sell-side analysts and investors visited Hikma site in Casablanca, Morocco.

Offshore contractor DEME projects over 20% turnover growth in 2024.

E.ON increased investments by 20% to €4.7 billion in 2024, reaffirming its full-year financial targets with expected EBITDA of €8.8-9.0 billion and net income of €2.8-3.0 billion.

Swiss Re reports USD 2.2 billion net income for the first nine months of 2024, driven by strong underwriting and investment contributions, with a 13.4% ROE.

Organic revenue rose 3.6% to €28.5B, service revenue 3.8% to €24.1B, adjusted EBITDA AL 6.4% to €11.1B, and free cash flow AL 32% to €6.2B. Adjusted net profit grew 3% to €2.3B.

Merck’s Q3 2024 report shows accelerated growth across all sectors, with organic sales up 3.8% to €5.3 billion and EBITDA pre up 16.9% to €1.6 billion.

Kuehne+Nagel acquires 51% of IMC Logistics, a US marine drayage provider, enhancing its Sea Logistics network.

Intel Joins Barclays and UBS Technology Conferences

CFM powers first A321XLR commercial flight on November 13, 2024.

Rio Tinto has approved a new 25MW solar plant at Kennecott in Utah, adding to the existing 5MW plant.

As we enter the crucial stretch of the fantasy season, being proactive about injuries, matchups, and player trends can be the difference between securing a playoff spot or missing out. Week 11 presents several favorable matchups and injury-related pivots that could turn the tide for fantasy managers.

Stellantis is on track to meet EU electric sales regulations with strong October performance, leading in France, Italy, and Portugal.

Unilever triples sports marketing commitments in the USA to enhance brand equity through engaging content on and off the pitch.

Marks & Spencer expands beauty takeback scheme.

European Space Agency’s Harmony mission in 2024 to use ABB’s thermal infrared instruments for two satellites, aiding climate science and weather forecasting.

Experian reported a 7% revenue increase and 10% EBIT growth for H1 FY25.

Rheinmetall gets new order from a “well-known German” car producers to deliver new electric vapor pumps for sensor cleaning systems.

IAG purchased 779,573 shares on 12 Nov 2024, holding them as treasury shares.

Porsche SE reports a 2.5 billion euro after-tax result amidst tough automotive industry conditions. Net debt reduced to 5.1 billion euro. Strategy includes diversifying investments, like acquiring shares in drone manufacturer Quantum-Systems GmbH. Group expects a 2.4-4.4 billion euro after-tax result for 2024 and net debt between 5.0-5.5 billion euro. More info: https://www.porsche-se.com/en/investor-relations/financial-publications/

Allianz records 14% growth in operating profit in Q3 2024, driven by property and casualty insurance.

JPMorgan Chase CEO Marianne Lake will present at the Goldman Sachs U.S. Financial Services Conference in NYC on December 10, 2024.

QIAGEN partners with McGill University for microbiome research projects to enhance understanding of microbial communities in medicine and public health.

VINCI wins a contract to design and build a new waste-to-energy plant in Corrèze awarded by Veolia.

Sofina Group issued a press release regarding transactions on its own shares in the liquidity agreement and Share Buyback Programme.

Pearson’s Connections Academy partners with University of North Texas.

ICG Real Estate has appointed Tim Fuzesi and Nick Donatiello to expand their North American business, strengthening their presence in the region.

أعلنت شركة دي إتش إل إكسبرس عن تعيين عبدالعزيز بوسبيت رئيساً تنفيذياً لمنطقة الشرق الأوسط وشمال أفريقيا، وذلك اعتباراً من 1 يناير 2025. سيكون مقر بوسبيت في البحرين، حيث سيرفع تقاريره مباشرة إلى جون بيرسون، الرئيس التنفيذي لشركة دي إتش إل إكسبرس. ويأتي بوسبيت خلفاً لنور سليمان، الذي انتقل مؤخراً إلى دور استشاري غير تنفيذي كرئيس لمنطقة الشرق الأوسط وشمال أفريقيا.

DHL Express appoints Abdulaziz Busbate as CEO for MENA Region, based in Bahrain, reporting to CEO John Pearson

CA Immo has initiated a new share buyback program, authorizing the purchase of approximately 1.76% of the company’s current shares. Details will be available on their website. This announcement is not an offer to acquire shares.

Shell is pleased with the Dutch Court of Appeal overturning a 2021 ruling mandating emissions cuts, supporting their net-zero goal by 2050.

The Ethereum Foundation’s annual gathering, Devcon, is underway in Bangkok, with the event set to wrap up on November 15.

mAbxience and Egis signed a strategic commercialization agreement for biosimilar candidates in Central and Eastern Europe.

AstraZeneca’s CEO, Pascal Soriot, discusses the company’s strong growth in the first nine months of 2024, with revenue and EPS increasing by 21% and 27% respectively in the third quarter.

ING is a global bank with a strong European base, focusing on sustainability and has an ESG rating of ‘AA’. Forward-looking statements involve risks like economic changes, regulatory issues, and market conditions.

Wienerberger reports solid Q3 2024 results, leveraging stable renovation and infrastructure demand despite global challenges.

Lonza is expanding bioconjugation capabilities in Visp, Switzerland by adding two manufacturing suites to meet market demand for bioconjugates.

Pimicotinib may offer a new systemic therapy option for TGCT, a rare joint tumor.

The Travelers Companies, Inc. has a new press release on their website about being recognized for having a military-friendly culture.

Andrea Pallard appointed head of Global Alfa Romeo and Maserati Communications, reporting to Eligio Catarinella and Giovanni Perosino.

Alessandro Nardizzi has been appointed as Stellantis Head of Communications for the Enlarged Europe region, overseeing communication activities for the Stellantis Group in European markets. Nardizzi’s previous experience includes roles in marketing and communication within the automotive industry.

STMicroelectronics discloses details of its common share repurchase program from Nov 04 to Nov 08, 2024, buying 547,000 shares for EUR 13,491,072.70 on Euronext Paris.

Austria’s Mayr-Melnhof Karton AG (MM) announced the appointment of Niels Flierman, age 49, to its Management Board.