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Analysts Stay Cautious on Daimler Truck After Q2 Uptick
Stocks

Analysts Stay Cautious on Daimler Truck After Q2 Uptick

Daimler Truck's Q2 sales rose 8% to 86,707 vehicles, but MWB Research keeps a sell rating and €30 target. The firm warns the gain is from a

Eleanor Whitfield ·
NEC to Unify Profit Reporting Across All Segments, Targets ¥3 Trillion IT Revenue
Stocks

NEC to Unify Profit Reporting Across All Segments, Targets ¥3 Trillion IT Revenue

NEC is simplifying its financial reporting by switching to a single profit metric—Non-GAAP operating profit—across all business segments. Th

Eleanor Whitfield ·
EasyJet Backs Apollo's £5.7B Bid, Triggering Takeover Battle with Castlelake
Breaking

EasyJet Backs Apollo's £5.7B Bid, Triggering Takeover Battle with Castlelake

EasyJet's board has dropped support for Castlelake's £5.5 billion offer and is now backing Apollo's £5.7 billion proposal. The move sent sha

Marcus Devlin ·
Bayer Sells Minority Stake in Contraceptives Unit to Apollo for €3 Billion
Stocks

Bayer Sells Minority Stake in Contraceptives Unit to Apollo for €3 Billion

Bayer has struck a €3 billion deal with Apollo Global Management, selling a minority stake in its long-acting reversible contraceptives busi

Eleanor Whitfield ·
Apollo's £5.7 Billion Cash Bid for EasyJet Triggers Bidding War, August Deadline Set
Breaking

Apollo's £5.7 Billion Cash Bid for EasyJet Triggers Bidding War, August Deadline Set

Apollo Global Management has made a £5.7 billion cash offer for EasyJet, topping a rival bid from Castlelake. The airline has dropped suppor

Marcus Devlin ·
EasyJet Agrees in Principle to £5.7 Billion Apollo Takeover at £7.15/Share
Breaking

EasyJet Agrees in Principle to £5.7 Billion Apollo Takeover at £7.15/Share

EasyJet has agreed in principle to a £5.7 billion takeover approach from Apollo Global Management at £7.15 per share. The deal is not yet fi

Marcus Devlin ·
UAE's E& Exits Vodafone in $5.95 Billion Stake Sale to Xavier Niel
Stocks

UAE's E& Exits Vodafone in $5.95 Billion Stake Sale to Xavier Niel

UAE telecom group E& is selling its entire Vodafone stake for $5.95 billion to French billionaire Xavier Niel's family group. The deal, at a

Eleanor Whitfield ·
Italy's Post Office Eyes €13.5B Telecom Italia Bid to Build AI Infrastructure
Stocks

Italy's Post Office Eyes €13.5B Telecom Italia Bid to Build AI Infrastructure

Poste Italiane, Italy's state-backed postal service, is weighing a €13.5 billion offer for Telecom Italia. The move would expand its network

Marcus Devlin ·
Jarden: Weak Jackpots Hit Jumbo Interactive, FY2027 Guidance Key on Aug 27
Stocks

Jarden: Weak Jackpots Hit Jumbo Interactive, FY2027 Guidance Key on Aug 27

Broker Jarden says weak jackpots likely shaved AU$600-700 million off Australian lottery sales in FY2026. The next catalyst for Jumbo Intera

Eleanor Whitfield ·
Airbus Strike in Spain, Vinci and Air Liquide Unveil Major Projects: Europe Digest
Stocks

Airbus Strike in Spain, Vinci and Air Liquide Unveil Major Projects: Europe Digest

Airbus workers in Spain walked out through July, risking delivery delays. Meanwhile, Vinci and Air Liquide outlined major capital projects w

Marcus Devlin ·
PepsiCo Q2 Flat as US Consumers Tighten Belts; China's CXMT Prepares $5B Shanghai IPO
Stocks

PepsiCo Q2 Flat as US Consumers Tighten Belts; China's CXMT Prepares $5B Shanghai IPO

PepsiCo's second-quarter earnings were in line with forecasts, but weak North American snack sales and margin pressures sent shares lower. S

Marcus Devlin ·
Sandfire Expands Black Butte Copper Mine Plan with 49% Reserve Boost
Stocks

Sandfire Expands Black Butte Copper Mine Plan with 49% Reserve Boost

Sandfire Resources has released a new pre-feasibility study for its Black Butte copper project in Montana, showing a 12-year mine life and a

Eleanor Whitfield ·