Protectionism threatens to unravel the model of ‘new globalisation’ that sources cheap labour from around the world, enabling companies to increase profit margins through efficiency savings. Globalisation is often blamed for the world economy’s ills. Many commentators attribute rising populism in the West to years of wage stagnation attributed to… Read More »
Almirall announces Guidance Update for 2017 Almirall, S.A. has provided today an update to the yearly guidance for 2017 that reduces the company’s initial estimations for Total Revenues, Net Sales and EBITDA growth for this year. While Almirall’s business is performing in line with expectations in Europe and rest of… Read More »
Recruitment of Mr Gilles Boussac. Canopia Capital is pleased to announce that it has appointed Mr. Gilles Boussac to its Investment Team and Advisory Board. Canopia Capital Partners, which established its headquarters in Europe with an office in Paris and a presence in the USA with a secondary office in… Read More »
Economic momentum remains positive, pointing to an acceleration after the publication of strong real GDP data (which rose +0.6% in the first quarter) and an acceleration in manufacturing PMI. Regarding the latter, we note a broad-based improvement in the various sub-indices: backlogs of orders rise, and current production remains solid.… Read More »
Recent upbeat comments from European Central Bank President Mario Draghi prompted an immediate reaction from global financial markets, which appeared to sense early signs of a change in approach from monetary policymakers. Financial markets across Europe and beyond seem to have taken upbeat comments from European Central Bank (ECB) President… Read More »
Luxottica Group closes the acquisition of Óticas Carol in Brazil Luxottica Group S.p.A. (MTA: LUX), a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, announced today the closing of the acquisition of 100% of the shares in Óticas Carol, one of the largest optical… Read More »
New Kontron HMI product families in widescreen and standard aspect ratios Kontron, a leading global provider of Embedded Computing Technology (ECT), has introduced two ranges of robust, industrial grade Panel PCs and monitors, which are a direct result of the portfolio harmonization after its recent merger with S&T Group. The… Read More »
Deutsche Bank Wealth Management today announced that it generated positive absolute returns in over 95% of wealth discretionary strategies in the first half of 2017. Equity-heavy wealth discretionary strategies continued to benefit from continued rises in global equity markets with many delivering gross returns of well over 10% year-to-date. Bond-based… Read More »
Since the beginning of the year, soft data have been particularly strong, with PMIs and confidence surveys hittin a 6-year high. For the past 10 years, Europe has not been popular among global equity investors. The European debt debacle and the bail-out of Greece in 2010 contributed to the long-standing… Read More »
Syngenta Management Announcement Syngenta recently reaffirmed its goal of strengthening its leading position in Crop Protection and becoming an ambitious number three in Seeds. In order to drive achievement of this goal, the company will bring together the leadership of the Research & Development and Production & Supply functions within… Read More »
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