Sound Dimension receives US patent approval for AiFi technology
The audio technology company Sound Dimension has had its patent application for AiFi technology approved by the US Patent and Trademark Office, USPTO. The patent covers technology for automatic identification, role assignment and audio optimization when multiple devices play audio synchronously. According to the company, the approval strengthens its position in ongoing commercial discussions with […]
Le Pen prepares for conflict with EU over budget if she wins election – FT
France’s far-right leader Marine Le Pen is planning a showdown with the EU over the bloc’s budget and powers if she wins next year’s presidential election. Among other things, she wants to weaken the European Commission and questions whether its President Ursula von der Leyen should remain in office until 2029. This is according to […]
IEA cuts forecast for global oil demand in 2027
The oil organization IEA, International Energy Agency, cuts its forecast for oil demand to 104.4 million barrels per day, from the previous 105 million barrels per day, for 2027. The forecast for 2026 is left unchanged at 102.4 million barrels per day. This is stated in the latest monthly report. IEA further states that limited […]
Swedbank: Higher interest rates put pressure on property companies – but the sector is better prepared
Swedish property sector faces renewed interest-rate pressure, but is better prepared than during the rate hikes of 2022-2023. This is stated in a new report from Swedbank. The bank expects two more rate hikes to 2.25 percent in February 2027. Higher financing costs are expected to put pressure on property companies’ cash flows and interest […]
Record number of Norwegian mountain cabins for sale – three out of four viewings without visitors
The supply of mountain cabins in Norway reached a record-high 4,270 properties on 7 October, according to Finn Eiendom and E24. Broker Bendik Hall Blumenthal had visitors at only around 10 of 38 viewings during the autumn holiday. He believes that many sellers are asking for prices that are too high. The market is described […]
Alvotech and Advanz Pharma submit application for biosimilar to EMA
Icelandic biotechnology company Alvotech and Advanz Pharma have submitted an application to the European Medicines Agency, EMA, for AVT29, a biosimilar to Eylea 8 mg. According to the companies, it is the first regulatory application in the world for a biosimilar to the high-dose version. This is stated in a press release. The application is […]
GSK’s cuts threaten over 1,200 jobs in Belgium – L’Echo
British pharmaceutical company Glaxosmithklines’ planned staff cuts risk affecting 1,217 positions in Belgium, including 735 management positions and 482 office positions. Bloomberg News reports, citing the Belgian newspaper L’Echo. Union negotiations are to begin to limit the number of layoffs. The cuts come as GSK plans savings of 1.9 billion pounds to increase investment in […]
PNC Financial Services trades ex-dividend today
PNC Financial Services trades today ex-dividend, with no entitlement to a dividend of USD 2.00 per share. This is according to FactSet.
Micron Technology trades ex-dividend today
Micron Technology trades today ex-dividend, with no entitlement to a dividend of 0.15 dollars per share. This is according to Factset.
Trump announces oil and mineral exploration in Greenland
US President Donald Trump writes on Truth Social that extensive exploration for oil, gas and minerals will soon begin in Greenland. According to Trump, experts believe that the island has larger easily accessible oil reserves than almost anywhere else in the world. He also highlights Greenland’s strategic importance to the defence of the US and […]
