Associated British Foods (AB Foods) warned of a larger adjusted operating loss of £25-60 million in its sugar division due to lower European sugar prices, higher gas costs from Middle East conflicts, and uncertainty in Africa. Primark's like-for-like sales fell 2.2% in the 16 weeks to June 20, with declines in continental Europe but growth in the US and flat sales in the UK. Despite challenges, total group revenue rose 3% to £5.3 billion, and the company confirmed the planned demerger of Primark from its food business remains on track for completion before the end of 2027. CEO George Weston described Primark's performance as resilient amid a tough retail environment, supported by new product launches, pricing focus, and marketing investments.
The global Frequency Synthesizer Market, valued at $2.42 billion in 2025, is projected to grow to $5.31 billion by 2035 at a CAGR of 7.23%. Growth is fueled by expanding 5G infrastructure, automotive radar deployment, and rising demand in aerospace, ...
Societe Generale has announced the launch of a new Senior Preferred bond issuance with two tranches maturing in July 2028 and July 2031. This issuance is part of the bank's 2026 long-term funding program, aiming to support its financial stability and...
Sanofi has released its Q2 2026 aide-mémoire document on its investor website to assist financial modeling for the upcoming quarterly results. This memo includes details on non-comparable items, currency impacts, and share count. The full Q2 2026 ear...
Abivax, a clinical-stage biotech company, has temporarily suspended trading of its ordinary shares on Euronext Paris starting July 1, 2026, at 9:00 CEST. This suspension is at Abivax's request to facilitate the confirmation of allocations and final t...
Following the EU's Markets in Crypto-Assets Regulation (MiCA) deadline, $17.5 billion worth of USDT stablecoins have moved from EU-regulated centralized exchanges like Coinbase, Kraken, and Binance to decentralized exchanges (DEXs), self-custody, and...
