Mowi ASA reported its second-best first quarter ever with an operating profit of €221 million and record seasonal revenues of €1.54 billion. The world's largest salmon farmer slaughtered 136,000 tons of salmon in Q1 and expects 605,000 tons for 2026, marking an 8.3% volume growth. Despite a 14% drop in salmon prices due to high supply, Mowi maintained strong operational performance and reduced costs by 7.3% year-over-year. The company also saw a 21% increase in consumer product sales volumes and expects continued market growth, especially in Asia, the US, and Europe. Mowi declared a dividend of NOK 2.30 per share for Q1 and anticipates tighter market balance and moderate growth in the coming years.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
