The acquisition accelerates expansion in maritime robotics and inertial navigation, with a €3.9bn enterprise value and significant synergies expected. The deal is subject to regulatory approvals, aims for €500m in additional sales over 10 years, and is accretive to margins and EPS.Original document…
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KEEPING THE GAINS GOINGEurope's STOXX 600 TVC:SXXP is trying to extend the gains that carried it to record highs last week - so far on Monday it is up 0.2%, which yes, means that another intraday record has been reached already.Aerospace and defence (.SXPARO) and media (.SXMP) stocks are leading ga…
BRUSSELS (dpa-AFX) - Germany's construction sector continued to contract in June albeit at a slower pace, purchasing managers' survey data from S&P Global showed Monday.The construction Purchasing Managers' Index posted 44.8 in June, up from 42.4 in the previous month. This was the highest score si…
JMC Electronics Co. Ltd. - Taiwan Figures in New Taiwan dollars. 2026 2025 Revenue NT$84,412,000 NT$110,309,000 Jan-Jun Revenue NT$576,928,000 NT$821,371,000 Source: Taiwan Stock Exchange This content was automa…
Major stock markets in the Gulf edged higher in early trade on Monday as investors turned their focus to corporate earnings while also assessing U.S.-Iran developments.There was no indication that the two sides had made progress toward a lasting peace during the indirect talks, which ended on Wedne…
Avon Technologies said Avon Protection, its respiratory and integrated CBRN protection business unit, had received a $10.8m order that will support the ongoing modernisation of protective capability for military personnel and includes FM50 twin-filter Air Purifying Respirators, FM61EU filters and r…
0811 GMT - Continental's agreement to sell ContiTech has come in at the top end of the 3.5 billion-euro to 4 billion-euro range that was expected, JPMorgan analysts Jose M Asumendi and Piyush Singla write. The company has agreed to sell the unit to Lone Star Funds at an agreed enterprise value of 4…
Evidence that the eurozone economy held up better than feared in the second quarter is a positive development for the euro, MUFG Bank's Lee Hardman says in a note. Last week's stronger-than-expected industrial production data for Spain and France prompted MUFG to raise its second-quarter eurozone g…
Continental's agreement to sell ContiTech has come in at the top end of the 3.5 billion-euro to 4 billion-euro range that was expected, JPMorgan analysts Jose M Asumendi and Piyush Singla write. The company has agreed to sell the unit to Lone Star Funds at an agreed enterprise value of 4 billion eu…
The S&P Global France Construction PMI fell to 38.2 in June 2026 from 39.6 in May, signaling a faster contraction in construction activity.The downturn remained broad-based, led by the commercial sector, where activity declined at the steepest pace since May 2020.Housing construction also contracte…
European natural-gas prices fall in early trading, with the benchmark Dutch TTF contract down 1.3% to 44.73 euros a megawatt-hour, but remain up more than 5% on the week. "The reopening of the Strait of Hormuz has reduced the risk of outright supply loss, but LNG shipping flows are recovering much…
HIWIN Technologies Corp. - Taiwan Figures in New Taiwan dollars. 2026 2025 Revenue NT$2,554,057,000 NT$1,940,410,000 Jan-Jun Revenue NT$13,887,696,000 NT$11,764,271,000 Source: Taiwan Stock Exchange This…
Staff WriterABU DHABI - startAD, the Abu Dhabi-based startup accelerator powered by Tamkeen and anchored at NYU Abu Dhabi (NYUAD), has launched the AI Adoption Barometer, developed through its AI for Good initiative with support from Google.org.Drawing on insights from 52 UAE-based organisations, t…
By Pablo SinhaGold pulled back from a two-week high on Monday, as the dollar edged up from recent lows, though easing bets on U.S. interest rate hikes limited bullion's losses.Spot gold TVC:GOLD was down 0.2% at $4,165.21 per ounce, as of 0750 GMT, after hitting its highest since June 22 earlier in…
By Adam WhittakerComcast's Sky has agreed to buy ITV's television business for up to about $2.14 billion, in a deal that will combine two of the U.K.'s best-known media brands.Under the deal, London-listed ITV will receive 1.2 billion pounds ($1.6 billion) and Sky's Love Productions business, befor…
By Dominic ChoppingDanish brewer Carlsberg and Japanese peer Sapporo Breweries agreed to form a joint venture to cooperate in Southeast Asia and Hong Kong.The new venture will include Carlsberg's existing operations in Malaysia, Hong Kong and Singapore--markets where the two companies already colla…
The FTSE MIB climbed to around 53,100 on Monday, extending last week's record-setting rally and tracking gains across European markets.Sentiment remained supported by lower oil prices, while investors also focused on corporate developments ahead of the earnings season.Among the top performers, ship…
LME aluminium (MAL3=LX) may test a resistance at $3,149 per metric ton this week, a break above could trigger a gain to $3,205.The metal has stabilised around a support zone of $3,021-$3,061 and started a bounce. The stabilisation, along with the bullish divergence on the daily RSI, suggests a comp…
