Spinnova applies for dual listing in the US
Spinnova has applied to list its shares on Nasdaq Capital Market in the US, in addition to its current listing on Nasdaq First North Growth Market Finland. The company currently expects a dual listing during the fourth quarter of this year, but the process requires Nasdaq’s approval and that all listing requirements are met. Spinnova […]
Citigroup raises its price target for Saab to SEK 628 (527), repeats Neutral – BN
Citigroup raises its price target for Saab to SEK 628 (527), repeats Neutral – BN
Coretura selects software from Vector and QNX
Coretura, the joint venture between Daimler Truck and Volvo, has selected Alloy Kore from Vector and BlackBerry-owned QNX as the foundational software layer for its software-defined commercial vehicle platform. The solution will be used for high-performance computing and constitutes the first design order for Alloy Kore. Canadian BlackBerry’s stock rises 2.5 percent on the news.
Fed chief Collins: Rate hike helps inflation move back toward target – BN
Boston Fed President Susan Collins supports last week’s rate hike and believes that somewhat tighter monetary policy will help bring inflation sustainably back to the 2% target. She writes this in a LinkedIn post highlighted by Bloomberg. Collins also sees an increased risk that inflation will remain clearly above 2%. At the same time, she […]
Leading European stock exchanges edge higher ahead of the close, Stoxx 600 index up 0.4 percent
Leading European stock exchanges are rising ahead of Tuesday’s close. Sentiment is supported by hopes of diplomatic progress in the Iran war, which was reflected during the day in a falling oil price. The broad European Stoxx 600 index was up 0.42 percent at 644.60 at 16:08. During the day, the index has traded within […]
Oasis increases stake in Vail Resorts to 7.4 percent
Activist fund Oasis Management has increased its stake in Vail Resorts to 7.4 percent from 6.2 percent by purchasing an additional 424,000 shares. The fund wants to drive strategic changes and gain board representation and may propose a sale of the entire company or parts of the resort portfolio. Oasis has nominated four people to […]
First Swedish patient treated with Leqembi
The research company Bioarctic announces that the first patient in Sweden has begun treatment with the Alzheimer’s drug Leqembi at the private Executive Health in Stockholm. This is the first treatment outside clinical trials in Sweden since EU approval in April 2025. In April 2026, the NT Council advised the regions against using the drug. […]
Siemens wins billion-euro order in Austria
German company Siemens Mobility has received an order worth approximately 1.3 billion euros from Austria’s ÖBB-Infrastruktur to digitalize the country’s interlockings. The order is part of a long-term framework agreement worth a total of 2.6 billion euros. Siemens’ Signaling X platform will integrate, among other things, interlockings, the ETCS train control system and cybersecurity. Pilot […]
Kreate begins CEO search – Timo Vikström to leave by 2027 at the latest
Kreate’s board and CEO Timo Vikström have agreed to terminate his CEO agreement. Vikström is expected to remain until 31 December 2027 to enable an orderly CEO transition. The company is now beginning the recruitment of a successor. Vikström says that he is leaving on his own initiative and thereafter wants to leave operational leadership […]
Software companies discount AI services as competition intensifies – The Information
Software and cloud companies such as Amazon, Microsoft, Figma and Workday are offering new discounts on AI products, according to The Information, to retain customers as competition from companies including Anthropic and OpenAI intensifies. The discounts come after corporate customers became more selective in their AI investments. Customers have increased their budgets for products such […]
