Stockholm Stock Exchange closed lower after positive start, OMXS30 index fell 0.5 percent
The Stockholm Stock Exchange closed in negative territory on Wednesday after a positive opening to the day. The performance mirrored the leading European stock exchanges. At the close, the OMXS30 index was down 0.52 percent at 3,268.98. Shares worth approximately SEK 23.6 billion were traded on the Stockholm Stock Exchange. Among the stock exchange’s major […]
BMW builds hydrogen pipeline to factory in Leipzig
German vehicle manufacturer BMW has begun construction of an approximately two-kilometre-long hydrogen pipeline that will connect the company’s factory in Leipzig directly to the hydrogen grid. The connection is planned to become operational in the first half of 2028 and, according to BMW, will make Leipzig the world’s first automotive factory with a direct connection […]
Pila Pharma begins safety phase of obesity study
Biotech company Pila Pharma has conducted the first patient visit in part 1 of the clinical study PP-CT04 with the drug candidate XEN-D0501 for people with obesity. Six people were screened during the first day. The study is randomized, double-blind and placebo-controlled and will evaluate safety, tolerability, pharmacokinetics and efficacy over 12 weeks. Part 1 […]
Russia: European arms factories may become military targets
Factories in Europe that manufacture weapons for Ukraine are potential military targets for Russia, according to Russian Foreign Ministry spokesperson Maria Zakharova. Reuters reports this. The statement came after a question about Poland’s readiness to host a factory for Patriot missiles for Ukraine. Zakharova also said that European countries’ military support constitutes direct involvement in […]
Citi expects the Fed to leave its policy rate unchanged for the rest of 2026 and into 2027
Citigroup notes that US core PCE rose 0.25 percent in August and 3.01 percent year-over-year, below the bank’s forecasts of 0.29 and 3.14 percent, respectively. Revisions lowered core PCE through July by more than expected. The three-month rate of 2.05 percent is the lowest in around two years, and inflation is clearly below the Fed’s […]
Stellantis maintains guidance despite share-price plunge
Stellantis CEO Antonio Filosa maintains the forecast for this year of mid-single-digit percentage revenue growth and a low-single-digit adjusted operating margin. The target is positive free cash flow in 2027 and more than 3 billion euros in 2028. The announcement comes after the US-listed stock hit a new record low of 4.43 dollars and lost […]
Sources: Partners Group considering sale of Parmaco for EUR 1.5 billion – BN
Partners Group is considering selling Finnish modular building manufacturer Parmaco in a deal that could value the company at around EUR 1.5 billion. Bloomberg News reports, citing sources. Partners Group is working with Bank of America on a possible sale, which could take place in 2027. The process is at an early stage and Partners […]
Coor appoints nomination committee ahead of AGM
Property services company Coor Service Management has appointed its nomination committee ahead of the 2027 Annual General Meeting. The nomination committee consists of Michael C. Wisser, appointed by Wisag Service Holding Europa, Richard Torgerson, appointed by Nordea Funds, Kristian Åkesson, appointed by Carnegie Fonder, Jan Särlvik, appointed by AP4, and the chair of the board, […]
W5 Solutions plans directed issue of SEK 150 million
The defence technology company W5 Solutions intends to carry out a directed new share issue of approximately SEK 150 million through an accelerated bookbuilding process. Approximately 65 percent of the net proceeds will go towards loan amortisation, 25 percent towards working capital and 10 percent towards, among other things, efficiency measures. Chairman of the Board […]
Kalshi and Polymarket questioned after unusual trading volumes
Trading patterns on prediction markets Kalshi and Polymarket are raising questions about the quality of reported volumes. Both companies deny so-called wash trading or other artificial activity, CNBC writes. On Kalshi’s perpetual ether futures, trades around 5,500 dollars accounted for nearly half of the dollar volume on September 20. At the same time, Polymarket’s international […]
