Swedish logistics company Elanders reported second-quarter net sales that surpassed analyst expectations and announced that Florian Beck will succeed Magnus Nilsson as chief executive in September 2026.
An investigation into a fatal Air India crash last year shows the Boeing Dreamliner's engine fuel cutoff switches were activated just seconds after takeoff, according to a court filing. Data from the cockpit voice recorder captured confusion between the pilots as the aircraft lost power.
ASML raised its 2026 revenue guidance and reported better-than-expected Q2 results, citing 'extremely strong' demand for its chipmaking equipment fueled by the artificial intelligence boom.
Swedish grocery retailer Axfood reported second-quarter earnings that fell short of analyst expectations, citing pressure on growth from food price deflation and calendar effects.
The Swiss online pharmacy reported a 15.2% increase in local-currency external revenue for the second quarter, fueled by a nearly 46% surge in prescription medicine sales in Germany. DocMorris reiterated its target to reach EBITDA breakeven during 2026.
The Cartier owner reported a 20% rise in constant-currency sales to €6.33 billion for the three months ending in June, surpassing analyst expectations thanks to robust growth in key international markets.
Shares of the Chinese drugmaker rallied after it reported a significant increase in first-half net profit, surprising investors by achieving higher margins despite a slight decline in revenue.
Seoul-listed shares of SK Hynix jumped over 13% after a rebound in U.S. tech stocks and a new 'Overweight' rating from Barclays, which cited the company's lead in AI memory chips.
Shares of the state-owned materials giant fell over 10% after it forecasted a significant net loss for the first half of 2026, citing weak prices and volumes amid a struggling Chinese property market.
