UK finance minister warns banks of difficult budget position – FT
UK Finance Minister John Healey has warned bank executives that the government is facing a difficult fiscal position ahead of the budget on 28 October. The Financial Times reports. Healey said at the same time that the government has not yet made a decision on any tax increases. The bank executives argued against higher taxes […]
Sources: Saint-Gobain weighs sale of Optimera – BN
French company Saint-Gobain is considering selling its Nordic distribution business Optimera, according to sources familiar with the matter who spoke to Bloomberg News. Citigroup has launched an auction process, with initial bids expected in October. Optimera is expected to generate earnings of around EUR 40–50 million, including its operations in Sweden and Norway. The process […]
EU postpones stricter methane requirements for importers by one year
The European Commission is postponing stricter reporting requirements for methane emissions for oil and gas importers by one year. Commission President Ursula von der Leyen says the measure is intended to reduce companies’ costs during the ongoing energy crisis, reports the Wall Street Journal. The requirements were due to enter into force in January 2027 […]
China expands military presence with new facility in Laos
Chinese light attack aircraft and military vehicles have arrived at the new joint Chinese-Laotian training facility in Ban Keun outside Vientiane, according to satellite imagery reviewed by Reuters. The images show what analysts assess to be eight K-8 aircraft and more than 24 support vehicles. The facility, which is still being expanded, could develop into […]
Red-Green parties agree to halt deportations of teenagers
The Social Democrats, Centre Party, Left Party and Green Party have agreed to temporarily halt the so-called deportations of teenagers, Dagens Nyheter reports. A permanent legislative amendment is intended to be drafted later. The agreement is the first joint position taken by the four parties during the term of parliament.
Admicom expected to report adjusted EBITDA of EUR 3.7 million – Factset
Admicom is due to release its third-quarter report on Thursday. Expected adjusted EBITDA, according to Factset’s consensus of estimates from three analysts, stands at EUR 3.7 million. In the corresponding period last year, the result was EUR 3.7 million. AdmicomReport date2026-10-08(EUR million)Q3-2026, forecastNumber of estimatesPrevious yearSales9,549,0EBITDA, adjusted3,733,7Source: Factset Share price performance on the latest report […]
China’s export restrictions do not affect the Philippines’ oil supplies
China’s restrictions on fuel exports do not affect Philippine oil companies’ existing supply contracts, Energy Minister Sharon Garin said, according to Reuters. China has assured that long-term contracts will be honored. The Philippines buys a quarter of its diesel from China and has stocks of more than 1 million barrels. The government is also examining […]
Sources: Bain and GIC considering sale or listing of WHI – Reuters
Bain Capital and Singapore’s sovereign wealth fund GIC are exploring an IPO or sale of Japanese HR software company WHI Holdings at a valuation of at least 500 billion yen, equivalent to 3.2 billion dollars, according to Reuters sources. A listing in Japan is one option. The process is at an early stage and the […]
ISS launches incentive programme worth up to 112 million Danish kroner
Danish services company ISS is launching a special share-based incentive programme for group management and certain key employees, with a maximum of 40 participants in total. The programme comprises up to 391,000 shares with an aggregate value of no more than 112 million Danish kroner. The allocation is linked to financial targets for 2026–2028 and […]
Hafnia may increase its stake in Torm as Oaktree sells its remaining shares
Hafnia has the opportunity to further increase its stake in product tanker shipping company Torm after Oaktree, through OCM Njord Holdings, put its remaining approximately 6.3 million A shares up for sale. The holding corresponds to around 6 percent of Torm’s share capital. Maritime Danmark notes that Hafnia has gradually built up its holding in […]
