Nordex Shares Climb After Reporting 32% Jump in Q2 Orders
The German wind turbine manufacturer's stock rose sharply after it announced a significant year-over-year increase in second-quarter orders, beating estimates and maintaining stable pricing.
Latest by James Okoro
German Bund Yields Hold Near One-Month Highs as Mideast Tensions Fuel Inflation Fears
Eurozone government bond yields remained near their highest levels in a month after an escalation in U.S.-Iran tensions triggered a surge in oil prices, abruptly ending a recent debt market rally.
European Stocks Rise as Tech Rebound Offsets AstraZeneca Plunge
European markets advanced Thursday, driven by a recovery in technology shares and easing geopolitical concerns, though gains were capped by a sharp decline in pharmaceutical giant AstraZeneca.
Porsche H1 Deliveries Fall 16% on China Slowdown and US EV Headwinds
The German luxury automaker delivered 122,306 vehicles in the first half of 2026, a 16% drop, citing a sharp decline in China, the end of US tax incentives, and model changeovers.
AstraZeneca Shares Plunge After Heart Drug Fails Key Phase III Trial
AstraZeneca stock fell sharply after its drug Wainua, co-developed with Ionis, failed to meet its primary endpoint in a late-stage trial for a heart condition, erasing billions in potential sales.
Oma Savings Bank Shares Soar 45% on €571 Million Takeover Bid From S-Bank
Finnish lender S-Bank has launched a voluntary cash tender offer for rival Oma Savings Bank, valuing the company at €571.4 million and causing its shares to surge.
Shanghai Iluvatar Stock Surges After Upsized $902 Million Share Placement
Shares of the Chinese chipmaker jumped after the company raised approximately $902 million in an upsized stock offering, capitalizing on strong demand for domestic AI hardware amid U.S. export controls.
Amwins-Dragoneer Consortium Reaffirms A$7.7 Billion Bid for Steadfast Group, Extends Exclusivity
A consortium including U.S.-based Amwins Group and Dragoneer Investment Group has reaffirmed its A$7.7 billion (US$5.34 billion) takeover proposal for Steadfast Group, extending an exclusivity period for due diligence by four weeks.
CICC Shares Fluctuate After Bank Projects Up to 90% Profit Surge
Shares of China International Capital Corp. initially jumped after the investment bank released strong preliminary first-half earnings, but the gains were erased as broader market weakness and merger-related uncertainty weighed on sentiment.