Financial

Will Semiconductor Lists GDRs on SIX Swiss Exchange, Raising Nearly $445 Million

(IN BRIEF) Will Semiconductor Co., Ltd., a Chinese company, has successfully listed its Global Depository Receipts (GDRs) on the SIX…

2 years ago

MOL Group Reports Q3 2023 Financial Results, Raises Full-Year EBITDA Guidance to $2.8 Billion

(IN BRIEF) MOL Group has announced its financial results for Q3 2023, reporting a clean CCS EBITDA of USD 976…

2 years ago

Ericsson Secures Funding for Cloud and Edge Infrastructure Innovation in European Initiative

(IN BRIEF) Ericsson has received funding from Germany's Economic Affairs and Climate Action Ministry to support its KeeCEK (Small efficient…

2 years ago

Bertelsmann Reports Strong Revenue Growth and Ambitious Investment Plans

(IN BRIEF) Bertelsmann, the multinational media conglomerate, has announced a 1.9 percent increase in group revenues, reaching €14.6 billion, with…

2 years ago

ING Repurchases Over 3.8 Million Shares as Part of €2.5 Billion Buyback Program

(IN BRIEF) ING has announced that it repurchased 3,881,120 shares on November 3, 2023, marking the end of the first…

2 years ago

Outokumpu’s Q3 2023 Report: Challenging European Market Offset by Solid Performance in Americas

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has released its interim report for January to September 2023,…

2 years ago

Lenzing Group Reports Q3 2023 Results Amidst Challenging Market Conditions

(IN BRIEF) The Lenzing Group, a global supplier of specialty fibers for textiles and nonwovens, has reported its Q3 2023…

2 years ago

Swiss Re Reports Robust Earnings of $2.5 Billion in First Nine Months of 2023

(IN BRIEF) Swiss Re, a global reinsurance company, has announced strong financial results for the first nine months of 2023,…

2 years ago

Maersk Navigates Stormy Seas: Q3 2023 Results Reflect Industry Challenges

(IN BRIEF) In the third quarter of 2023, global shipping and logistics giant Maersk reported financial results that mirrored expectations…

2 years ago

European Investment Bank to Advise Bulgaria on Strengthening Development Financial Institutions

(IN BRIEF) The European Investment Bank (EIB) will provide advisory assistance to the Bulgarian Ministry of Innovation and Growth to…

2 years ago

Deutsche Telekom Plans Dividend Increase and €2 Billion Share Buyback for 2024

(IN BRIEF) The Board of Management of Deutsche Telekom has announced its plans for shareholder remuneration in the upcoming year.…

2 years ago

Heidelberg Materials Reports Strong Financial Results, Expands Sustainability Efforts, and Announces Board Changes

(IN BRIEF) Heidelberg Materials, a global leader in building materials, has reported a 6.0% increase in revenue to €16,083 million…

2 years ago

Swiss Financial Institutions Launch Groundbreaking Pilot for Tokenized Central Bank Money

(IN BRIEF) SIX, the Swiss National Bank (SNB), and six commercial banks are embarking on a pioneering pilot project called…

2 years ago

ANDRITZ Reports Strong Q3 2023 Performance, Expands Green Hydrogen Presence

(IN BRIEF) In the third quarter of 2023, ANDRITZ, an international technology group, achieved substantial growth in revenue, earnings, and…

2 years ago

World’s Longest-Running Climate Change Experiment in Peril: Buxton Lab Seeks Funding

(IN BRIEF) The Buxton Climate Change Impacts Lab, celebrating its 30th anniversary, is at risk of closure due to a…

2 years ago

Global Listed Real Estate Sees Hope Amidst Challenges: Improving Economic Outlook and Bargain Valuations Offer Opportunities

(IN BRIEF) Global listed real estate has experienced a significant correction, with a 25% drop in EUR terms since the…

2 years ago

Barclays Launches Demo Directory: A Game-Changer for UK Businesses Seeking Investment

(IN BRIEF) Barclays has introduced the Demo Directory, a novel online platform that allows UK businesses to connect with potential…

2 years ago

Germany’s GDP Records a Slight Dip of 0.1% in 3rd Quarter of 2023, Marking a Weaker Start to H2

  (IN BRIEF) Germany's gross domestic product (GDP) for the third quarter of 2023 declined by 0.1% when adjusted for…

2 years ago

HSBC Reports Strong 3Q 2023 Earnings, Plans Share Buy-Backs and Dividends

(IN BRIEF) HSBC Holdings plc reported strong financial performance in the third quarter of 2023, with profit before tax rising…

2 years ago