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Ferrari's first EV, the Luce, sees steady demand despite early criticism
Stocks

Ferrari's first EV, the Luce, sees steady demand despite early criticism

Ferrari's first fully electric car, the €550,000 Luce, is drawing orders as expected, CEO Benedetto Vigna said. The five-seat, four-door mod

Marcus Devlin ·
Norwegian Cruise Line cuts profit forecast again on softer bookings and rising costs
Stocks

Norwegian Cruise Line cuts profit forecast again on softer bookings and rising costs

Norwegian Cruise Line trimmed its profit outlook again, pointing to softer booking trends and higher costs from maintenance, dry dock days,

Eleanor Whitfield ·
Berenberg stays cautious on BASF despite solid Q2 results and higher price target
Stocks

Berenberg stays cautious on BASF despite solid Q2 results and higher price target

Berenberg maintained its hold rating on BASF after the chemical giant's solid second-quarter results on July 29. The bank lifted its price t

Eleanor Whitfield ·
RBC raises Glencore target as trading profits beat expectations
Stocks

RBC raises Glencore target as trading profits beat expectations

RBC Capital Markets raised its price target on Glencore to £6.10 after the miner-trader's marketing unit delivered a $3.3 billion first-half

Eleanor Whitfield ·
RBC boosts Rio Tinto cash flow forecast but keeps underperform rating
Stocks

RBC boosts Rio Tinto cash flow forecast but keeps underperform rating

RBC Capital Markets raised its 2026 cash flow forecast for Rio Tinto by 14% and dividend estimate to $4.64 per share after strong first-half

Eleanor Whitfield ·
SES shares slide 11% as revenue misses estimates despite steady full-year outlook
Stocks

SES shares slide 11% as revenue misses estimates despite steady full-year outlook

SES missed revenue estimates in the second quarter, sending shares down more than 11%. The satellite operator kept its full-year guidance bu

Marcus Devlin ·
Copper overtakes iron ore as Rio Tinto and BHP's top profit driver
Stocks

Copper overtakes iron ore as Rio Tinto and BHP's top profit driver

Rio Tinto and BHP's half-year results mark a turning point: copper contributed more to profit than iron ore. Strong copper prices and flat i

Marcus Devlin ·
Avolta's first-half sales growth tempered by Middle East conflict
Stocks

Avolta's first-half sales growth tempered by Middle East conflict

Avolta posted 3.7% organic turnover growth in the first half of the year. When adjusting for the impact of the Middle East conflict, growth

Eleanor Whitfield ·
RBC raises Airbus price target after strong second quarter, but guidance stays put
Stocks

RBC raises Airbus price target after strong second quarter, but guidance stays put

RBC Capital Markets raised its Airbus price target to €250 from €225 after the planemaker's strong second-quarter results. Airbus kept its 2

Marcus Devlin ·
Sony Proposes to Acquire Camera Lens Maker Tamron in Full Takeover Bid
Stocks

Sony Proposes to Acquire Camera Lens Maker Tamron in Full Takeover Bid

Sony has floated a non-binding proposal to acquire Tamron, the camera lens maker, and turn it into a wholly owned subsidiary. Tamron shares

Eleanor Whitfield ·
Dexus sells Brisbane office tower for AU$700 million, matching June valuation
Stocks

Dexus sells Brisbane office tower for AU$700 million, matching June valuation

Dexus has agreed to sell its 480 Queen Street office tower in Brisbane for AU$700 million, with AU$70 million deferred to 2028. The net pric

Marcus Devlin ·
Novo Resources partners with Manhattan Gold to drill Tibooburra project in NSW
Stocks

Novo Resources partners with Manhattan Gold to drill Tibooburra project in NSW

Novo Resources has teamed up with Manhattan Gold to restart drilling at the Tibooburra gold project in New South Wales. The 2,700-meter prog

Marcus Devlin ·