Jonathan Nahmany

Saint-Gobain divests technical textiles business

The construction materials specialist has announced the completion of the sale of HKO in Germany and its French subsidiary Deltec to a fund managed by DUBAG Group. These operations specialize in the manufacturing of technical textile components for high-temperature insulation, primarily serving the automotive and industrial sectors.

June 01, 2026 at 12:12 pm IST

European equities set for cautious open

European markets are expected to open with little momentum on Monday, amid a climate of geopolitical uncertainty fueled by developments in the Middle East. Despite speculation regarding a possible extension of the truce between the United States and Iran, investors remain on the defensive following a series of military incidents in the region. According to futures contracts, the CAC 40 is set to gain 0.18% at the open, while the German DAX is expected to rise by 0.23% and the Euro Stoxx 50 by 0.13%.

June 01, 2026 at 12:07 pm IST

USA: Chicago PMI significantly exceeds forecasts in May

May 29, 2026 at 08:00 pm IST

Gap Hampered by Athleta, Lowers Revenue Forecast

The apparel chain fell more than 10% in pre-market trading after lowering its full-year revenue guidance, as its Athleta brand continues to suffer from declining sales.

May 29, 2026 at 06:20 pm IST

French authorities reopen probe into LVMH's stakebuilding in Hermès

The Paris Prosecutor's Office has announced that Swiss lawyer Alexandre Montavon has been placed under formal investigation as part of the inquiry into LVMH's stakebuilding in Hermès, Reuters reports. The operation triggered a high-profile corporate and legal battle between the two luxury giants over a decade ago. In late morning trading, LVMH shares were up 1.62%, while Hermès gained 1.74%.

May 29, 2026 at 03:32 pm IST

Bruno Houssin Appointed Chairman of GALIAN-SMABTP

The board of directors of GALIAN-SMABTP has appointed Bruno Houssin as the group's new chairman. He succeeds Gérard Col, who had led GALIAN-SMABTP since 2019. Mr. Col will remain a member of the group's board of directors.

May 29, 2026 at 12:49 pm IST

SMABTP Surpasses €6bn in Revenue

The mutual insurer has delivered a promising first year under its new strategic plan, "Grandir Ensemble 2025-2027." Despite a persistently challenging environment for the construction sector, the group reported 2025 revenue of €6.04bn, a 12.4% increase, while further bolstering its financial stability.

May 29, 2026 at 12:46 pm IST

Derichebourg beats expectations and raises outlook

The metal recycling specialist is expected to trade significantly higher this Friday on the Paris Bourse, after the group raised its annual recurring EBITDA target following first-half results that came in ahead of expectations.

May 29, 2026 at 12:33 pm IST

Europe buoyed by hopes of easing tensions between Washington and Tehran

European markets are expected to open slightly higher on Friday as investors continue to digest the latest macroeconomic data while monitoring geopolitical developments in the Middle East. According to futures contracts, the CAC 40 is set to gain 0.18% at the open, while the German DAX is expected to rise by 0.23% and the Euro Stoxx 50 by 0.13%.

May 29, 2026 at 12:03 pm IST

IntegraGen to file for court-ordered receivership

The specialist in genomics applied to cancer and rare genetic diseases has announced plans to convert its current safeguard proceedings into receivership. The move is intended to sustain operations and continue its strategic shift toward biopharma clinical trials and high-value-added genomic services.

May 28, 2026 at 10:02 pm IST

EuropaCorp held back by international decline

The film production and distribution group on Thursday reported consolidated annual revenue of 26.1 million euros for the 2025/2026 fiscal year ended March, down 17% compared to the 31.6 million euros recorded a year earlier.

May 28, 2026 at 09:47 pm IST

When Heat Waves Threaten the European Economy

According to a study published this Thursday by Allianz Trade, extreme heat waves risk weighing heavily on the European economy and the public finances of the most exposed nations.

May 28, 2026 at 08:23 pm IST

US: New Home Sales Fall Short of Expectations in April

May 28, 2026 at 07:47 pm IST

3M Sued in Australia Over 'Forever Chemical' Contamination

The Australian government announced on Thursday that it has launched a AU$2bn ($1.43bn) legal action against the American industrial conglomerate. The group is accused of causing contamination linked to firefighting foams containing PFAS, the toxic chemical substances known as 'forever pollutants.'

May 28, 2026 at 06:15 pm IST

Amundi bets on global GDP with new ETF range

Europe's leading asset manager has announced the launch of the first GDP-weighted UCITS ETFs, designed to offer investors an approach more closely aligned with the real economy.

May 28, 2026 at 06:12 pm IST

CARAC Appoints Bertrand Hau as Deputy CEO of the Group

CARAC is strengthening its internal organization to support its ongoing expansion. Amid a period of sustained transformation for the group, Bertrand Hau joins the executive committee as Deputy CEO. Working alongside Michel Andignac, he will oversee financial management across the entire group.

May 28, 2026 at 03:27 pm IST

Eurozone: Consumer confidence meets expectations in May

May 28, 2026 at 02:39 pm IST

European equities under pressure, Soitec soars

European markets are trading lower this Thursday morning as investors remain cautious ahead of a series of major macroeconomic releases in the United States, while geopolitical tensions surrounding Iran maintain nervousness across energy and bond markets. Shortly before 10:30 a.m., the CAC 40 was down 0.49% at 8,167 points. The Euro Stoxx 50 lost 0.32%. Other major European hubs were also trading lower, including London (-0.94%), Frankfurt (-0.94%), and Amsterdam (-0.54%).

May 28, 2026 at 02:10 pm IST

Baikowski appoints Mikael Frenkian as Chief Executive Officer

The specialist manufacturer of specialty industrial minerals has announced the appointment of Mikael Frenkian as CEO, effective June 1, 2026. The decision was ratified during the latest Board of Directors meeting chaired by François-Xavier Entremont.

May 28, 2026 at 01:24 pm IST

Jolt Capital Recruits Samsung Semiconductor Specialist

Jolt Capital is strengthening its Asian presence with the appointment of Jinah Hahm as Value Creation Partner in Seoul. A former executive at Samsung Electronics, where she spent nearly twenty years, she brings deep expertise in semiconductors, AI infrastructure, and advanced computing technologies.

May 28, 2026 at 01:05 pm IST

Reworld Media refinances bank debt through 2032

The media group has finalized the refinancing of its entire bank debt. This 115 million euro refinancing extends debt maturity to 2032 and supports the group's continued expansion into digital, artificial intelligence, and international markets.

May 27, 2026 at 09:58 pm IST