Bundesbank sees stronger recovery in Germany than expected
Germany’s economy is expected to grow faster in the fourth quarter following a stronger recovery than previous forecasts had indicated. Bundesbank President Joachim Nagel said this, according to Reuters. In June, the central bank forecast growth of 0.5 percent for the full year 2026, but several major forecasters now estimate that growth will be more […]
Herantis launches EU-funded project for Phase 2 study of HER-096
Finnish Herantis Pharma has launched the EUR 8 million EU-funded HERMOD research project to support a Phase 2 study of the drug candidate HER-096 for Parkinson’s disease. The study is expected to include approximately 100 patients at European clinics and evaluate efficacy, safety and tolerability. An application for a clinical trial is planned for the […]
Ifo: Germany far behind the US and UK in entrepreneurship
German universities lag far behind those in the US and UK in the number of founders of venture-capital-funded companies, according to an analysis by the ifo Institute. Stanford has 14 founders per 1,000 students annually, compared with 3.5 in Cambridge and 0.5 in Munich. Only 13.1 percent of founders with a bachelor’s degree from the […]
Jefferies lowers target price for Neste to EUR 37.4 (39), reiterates Buy
Jefferies lowers target price for Neste to EUR 37.4 (39), reiterates Buy
Reports: Volkswagen’s joint venture in China has no plans for new electric car models in 2027-2028 – Reuters
Volkswagen’s Chinese joint venture Volkswagen Anhui has no new electric car models planned for 2027 or 2028 after sales of the ID. UNYX series became significantly weaker than expected. Reuters reports this, citing sources. The company sold 11,360 cars in the series during the first nine months of this year, while the target for next […]
Lamborghini’s deliveries in the Middle East back at normal levels
Italian sports carmaker Lamborghini’s deliveries to the Middle East have returned to normal levels following previous disruptions as a result of the conflict in the region. The outlook remains uncertain, however, according to Head of Sales Federico Foschini. Reuters reports. The Middle East accounts for around 450 cars sold per year, corresponding to approximately 5 […]
Rusta to open a record number of stores in 2026
Rusta will open 27 new stores in 2026, a new record for the company. Fourteen stores will open in the autumn, including three on 11 November in Sweden and Norway and one in Dortmund, Germany, on 12 November. This will give Rusta eleven stores in Germany. Following the autumn expansion, the chain will have a […]
Car sales in China expected to fall below 19 million units this year – lowest since 2014
Sales of passenger cars in the Chinese domestic market are expected to fall below 19 million vehicles in 2026, which would be the lowest level since 2014. This is according to the industry association China Association of Automobile Manufacturers, Reuters reports. Total vehicle sales, including commercial vehicles, fell 9.2 percent in October compared with the […]
Tokmanni CEO buys shares for EUR 64,400
The CEO of Finnish retail company Tokmanni, Sampo Päällysaho, bought a total of 10,000 shares in the company on 9 November. The shares were bought at a price of EUR 6.44 per share on Nasdaq Helsinki. The total purchase price amounts to EUR 64,400, according to a manager’s transaction notification.
Mortality in Norwegian salmon farms fell during the third quarter
Cumulative mortality in Norwegian salmon farms amounted to 8.7 percent during the first nine months of the year, compared with 10.7 percent in the corresponding period of 2025, according to Veterinærinstituttet. A total of 30.4 million salmon deaths were reported. Mortality decreased in most production areas, with particularly large improvements in areas 9 and 11. […]
