Shares of Swiss industrial firm Daetwyl Holding AG dropped nearly 6% after its first-half 2026 financial results failed to meet market expectations, compounded by currency headwinds from a strong Swiss franc.
Shares of the laboratory testing group fell after reporting first-half organic revenue growth that fell short of analyst expectations, with a notable slowdown in its key biopharma segment.
Shares of the fragrance maker fell sharply after the company reported a 7.3% drop in first-half revenue and cut its operating margin guidance, citing geopolitical headwinds and a sales collapse in Western Europe.
Information analytics group Relx reported robust first-half revenue and profit growth, driven by its Legal division, which helped alleviate investor concerns about competition from third-party AI tools.
Shares of the Spanish energy giant surged after it reported a nearly threefold increase in first-half net profit, announced a new €500 million share buyback, and raised its dividend.
Chinese AI startup DeepSeek will focus on developing artificial general intelligence over maximizing profit and is likely to keep its top models open-source, founder Liang Wenfeng told investors, according to a Yicai report.
The pan-European STOXX 600 index fell as a weak forecast from chipmaker STMicroelectronics and a sharp drop in Nestle shares overshadowed gains in the energy sector, with investors awaiting a key ECB decision.
Ford and China's Geely have announced a joint venture to produce Geely-branded electric SUVs at Ford's underutilized Valencia plant, a strategic move that provides the Chinese automaker with a European manufacturing base.
Tesla executives have adopted a more cautious tone regarding the expansion of the company's robotaxi service, a notable shift from CEO Elon Musk's previous forecasts of "hyper-exponential" growth.
