News Ticker

During their protest at Berlin’s Brandenburg Gate on November 17, 2024, Ukrainian activists revealed a collection of smartphone videos that they claim depict the treatment of individuals refusing military service under the Zelensky administration.

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.

Fresenius opens one of Germany’s most modern hospitals, Helios HSK in Wiesbaden, with a press release.

Achim Puchert appointed as new CEO Mercedes-Benz Trucks by Daimler Truck Supervisory Board.

By using HVO100 Regenerativ, which is made from 100% renewable raw materials, greenhouse gas emissions (CO2eq) are reduced by up to 90% over the life cycle of the fuel compared to fossil diesel.

IHG Hotels & Resorts will open a Holiday Inn in Ujjain in 2028, expanding into high-growth secondary markets in India.

Flood adaptation measures are up to ten times more cost-effective than post-disaster rebuilding. Climate change and urban sprawl increase flood risks, but dykes and other measures can reduce damage by 60-90%.

Production has begun for central components of the new eActros 600 at the Gaggenau and Kassel plants.

DHL Global Forwarding is helping Lindt & Sprüngli make their chocolate supply chain a little sweeter—and greener.

In a significant development, Rheinmetall and ICEYE have partnered to supply Ukraine with Synthetic Aperture Radar (SAR) satellite imagery, under a contract facilitated by the German government.

Diasorin has submitted a 510(k) for the LIAISON PLEX Gram-Positive Blood Culture Assay to expand their Blood Culture portfolio.

NEAR held an event featuring talks on technology’s future, NEAR AI launch, NEAR Intents, Edward Snowden discussing digital sovereignty, and more.

BlackRock, Inc. notified UCB SA/NV of a decrease in its shareholding below 5% after disposing of UCB shares with voting rights, crossing the threshold on November 4, 2024.

STLA Medium platform enables long-range EVs like Peugeot E-3008 to travel nearly 1000 km with two charges, rivaling ICE vehicles.

The Masa Team is attending DEVCON in Bangkok, announcing a partnership with Moraq Gaming to enhance AI-powered prediction markets.

Tezspire met primary endpoints in Phase III trial for chronic rhinosinusitis with nasal polyps, showing significant reduction in polyp size and congestion.

International Consolidated Airlines Group announces a €350 million share buyback program.

Richemont reported stable sales of €10.1 billion and a 21.9% operating margin for the six months ending 30 September 2024, despite macroeconomic challenges.

SUSTAINera expands in North America, focusing on economical and responsible solutions through the 4Rs: Remanufacturing, Repair, Reuse, Recycle.

Nicolas Notebaert is now the CEO of Concessions at VINCI according to a new press release, as Pierre Coppey steps down.

Entain appoints Dafne Guisard as Chief Operations Officer, effective from January 13, 2025.

The Coca-Cola Company announces its participation in the Morgan Stanley Global Consumer & Retail Conference. For more details, visit their website.

Ferrari N.V. signed a partnership with IBM through its subsidiary Ferrari S.p.A.

Merck and Intel have launched a European academic research program with 11 institutions across six countries to develop sustainable semiconductor manufacturing using AI.

STMicroelectronics and ENGIE signed a 21-year agreement for renewable energy supply from a new solar farm in Malaysia to support ST’s carbon neutrality and renewable energy goals by 2027.

Airbus released its commercial aircraft orders and deliveries for October 2024, with 62 deliveries to 37 customers and 82 gross orders.

Hikma Pharmaceuticals maintains strategic execution and reaffirms guidance.

AstraZeneca highlights its hematology portfolio and pipeline at ASH 2024.

Givaudan CEO Gilles Andrier received the CEW Achiever Award of Honour, recognizing his contribution to the beauty industry and commitment to CEW Beauty Centers’ values.

Lenzing Group’s revenue rose 5% to EUR 2 bn in early 2024, with EBITDA up 20.3% to EUR 263.7 mn and free cash flow at EUR 191.8 mn.

Munich Re’s Q3 2024 financial results show a net profit of €930m, with an annual target expected to be surpassed.

Rheinmetall reports record sales increase of over 30% and earnings rise by over 70%.

Swiss Re increased US liability reserves by $2.4 billion in Q3 2024 after a comprehensive review, aiming for reserves at the higher end of the best-estimate range.

QIAGEN reports strong growth in Q3 2024, exceeding expectations. Net sales reached $502 million with a 6% increase in constant exchange rates.

阿斯利康股价在过去五天内下跌近10%，原因涉及其在中国的业务。如今，该公司在简短声明中回应了有关中国正在进行调查的媒体报道。

Rheinmetall Executive Board reorganized for growth.

IMMOFINANZ secured a EUR 180 million green loan for Warsaw Spire from Helaba, pbb Deutsche Pfandbriefbank, and Berlin Hyp, replacing previous financing due January 2025.

Merck & Co., Inc. in Rahway, New Jersey, USA announced their participation in the UBS Global Healthcare Conference on their website.

Ahold Delhaize reports strong Q3 results, maintaining its 2024 outlook and announcing a €1 billion share buyback for 2025.

Solvay’s Q3 2024 results show €1,156 million net sales (+3.9% organically), stable EBITDA at €259 million, and €74 million free cash flow.

Sika acquires Chema, enhancing its position in Peru’s mortar market with expanded distribution and manufacturing.

3M declared a $0.70/share dividend for Q4 2024, payable Dec. 12 to shareholders as of Nov. 15. 3M has paid uninterrupted dividends for over 100 years.

Rio Tinto and China’s State Power Investment Corporation collaborate on testing battery swap truck tech at the Oyu Tolgoi copper mine in Mongolia to decarbonize operations, with the project showcasing Chinese green transportation innovations and aiming for net-zero emissions by 2050.

AstraZeneca’s share price dropped almost 10% in the last five days as its China. Now, the company addressed media reports on ongoing investigations in China in a brief statement.

Diasorin reports increased revenues and profitability for another quarter, leading to an upward revision of their full-year 2024 revenue guidance.

KRUK won an auction to buy PLN 812 million in unsecured debt from PKO BP, strengthening its Polish market position.

Global Medical Response orders 28 Airbus helicopters for fleet expansion, reinforcing its position as a major Airbus operator in North America. GMR plans to purchase an additional 23 helicopters over three years, focusing on delivering critical care efficiently with Airbus helicopters.

The Dutch Ministry of Defence awards Airbus Helicopters a contract for 12 H225M helicopters at the Euronaval trade show in Paris.

Ferrari announces consolidated results for Q3 and nine months, showing continuous earnings growth and confidence in full-year guidance.

Ethiopian Airlines receives the first Airbus A350-1000 in Africa, enhancing its premium service on key routes like Washington D.C. and London.

Bavarian bus companies Hörmann Reisen and Stewa Touristik are adding new Setra S 531 DT double-decker coaches to their fleets.

BASF partners with Acies Bio to develop sustainable fermentation technology for fatty alcohols from methanol, enhancing raw materials for personal and home care products.

Swiss Re sells iptiQ’s European P&C business to Allianz Direct, closing expected in Q2/Q3 2025.

The European Central Bank (ECB) has released its latest consolidated banking data, revealing a 4.54% growth in total assets of EU-headquartered credit institutions, reaching €32.7 trillion as of June 2024.

Deutsche Telekom’s subsidiary, Telekom MMS, and Bankhaus Metzler have launched a pilot project to test Bitcoin mining as a way to use surplus energy and help stabilize Germany’s electricity grid.

Grant, who has been with IMI for 11 years, will take over from Daniel Shook, who announced his intention to step down in 2024.

Anglo American, the global mining company, announced that it has agreed to sell its share in two Australian coal mines to its partner, Zashvin Pty Limited, for A$1.6 billion, or about US$1.1 billion.

DHL Group’s new press release highlights three influential e-commerce buyer personas: social, sustainable, and cross-border shoppers.

Deutsche Telekom plans to shut down its 2G network by summer 2028, replacing it with 4G and 5G coverage to enhance network performance