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Thor Medical cancels follow-on offering

Thor Medical has decided not to carry out the planned follow-on offering of up to 9.4 million shares at NOK 4.80 per share. The decision is justified by the fact that since the previous capital raising, the share has traded in sufficient volume at prices close to or below the subscription price. The previous private […]

BoE warns of AI risks in financial markets – BN

Bank of England Deputy Governor Sarah Breeden warns that time is running short to address the risk of autonomous AI agents causing severe disruption in financial markets. Bloomberg News reports. The central bank is examining the possibility of a so-called kill switch that could limit or halt trading if AI models create market stress. Breeden […]

Connor, Clark & Lunn no longer a public short seller in Metsä Board

Connor, Clark & Lunn Investment Management has reduced its short position in the board manufacturer Metsä Board to below 0.5 percent and is therefore no longer a public short seller. This is shown by the Finnish Financial Supervisory Authority’s short-selling register. There is one public short seller in the company, Arrowstreet Capital, with a position […]

Fed official Musalem opens door to further rate hikes

The Federal Reserve may need to raise interest rates further to bring inflation back to the 2 percent target, according to St. Louis Fed chief Alberto Musalem. He told Reuters. Musalem believes that monetary policy remains accommodative despite last week’s rate hike. The Fed then raised its policy rate for the first time in more […]

S&P 500 index rose slightly after the Stockholm Stock Exchange closed on Monday

On the broader Wall Street market, the S&P 500 index closed 1.49 percent higher on Monday at 7,764.70. After the Stockholm Stock Exchange closed at 5:30 p.m., the S&P 500 index rose by approximately 0.5 percentage points. The technology-heavy Nasdaq Composite Index closed 2.26 percent higher at 27,122.09. After the Stockholm Stock Exchange closed, the […]

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