Thomas Barnet
Journalist
Updated strategy and new targets at Sartorius Stedim Biotech
Ahead of its Capital Markets Day, Sartorius Stedim Biotech has announced an updated strategy, strengthening its focus on biopharmaceutical customers, along with new medium-term financial targets.
March 17, 2026 at 12:48 pm IST
STMicroelectronics focuses on humanoid robotics with Nvidia
Amidst the myriad of press releases issued by Nvidia and its partners yesterday on the sidelines of the American group's developer day, were several announcements from STMicroelectronics.
March 17, 2026 at 12:09 pm IST
In Australia, the RBA raises rates in a close call
The Australian central bank raised its key interest rate by a quarter point overnight to 4.10%, in line with economists' forecasts. However, the central bankers' vote was less decisive than expected, dragging the Australian dollar lower as the market scaled back its expectations for further monetary tightening.
March 17, 2026 at 11:59 am IST
STMicroelectronics focuses on humanoid robotics with Nvidia
Amidst the myriad of press releases issued by Nvidia and its partners yesterday on the sidelines of the American group's developer day, several announcements from STMicroelectronics stood out.
March 17, 2026 at 11:24 am IST
In Australia, the RBA lifts rates at the last minute
Australia's central bank raised its policy rate by a quarter-point overnight to 4.10%, in line with economists' expectations. However, the central bankers' vote was closer than expected, sending the Australian dollar lower as the market pared back its forecast for further monetary tightening.
March 17, 2026 at 10:28 am IST
Atari to implement reverse stock split
Atari is set to execute a reverse stock split, exchanging 200 existing shares with a par value of 0.01 euro for one new share with a par value of 2 euros. The objective is to normalize the number of shares in circulation and reduce price volatility by stripping the stock of its "penny stock" status—a classification for shares trading at low values that often encourages speculation.
March 16, 2026 at 02:23 pm IST
UniCredit goes back on the offensive for Commerzbank
The Italian bank is launching a voluntary public exchange offer to increase its stake in Commerzbank to over 30%. UniCredit maintains that the move is intended to open a more constructive dialogue with the German bank and its stakeholders by removing a legal constraint, without seeking control. The interpretation of the operation is likely to be different in Germany.
March 16, 2026 at 02:08 pm IST
UniCredit goes back on the offensive at Commerzbank
The Italian bank is launching a voluntary share-exchange offer to raise its stake in Commerzbank above 30% of the capital. UniCredit says the aim is to open a more constructive dialogue with the German bank and its stakeholders by lifting a legal constraint, without taking control. The transaction may be read differently in Germany.
March 16, 2026 at 01:13 pm IST
US Oil Chiefs Warn White House of Energy Shock
Executives from major US oil companies have warned the Trump administration that the energy crisis sparked by the war with Iran could worsen, the Wall Street Journal reported. Disruptions in the Strait of Hormuz are fueling high market volatility and raising fears of a sustained surge in crude prices.
March 16, 2026 at 12:15 pm IST
With Joybuy, China’s JD Takes Aim at Amazon in Europe
Chinese e-commerce giant JD.com is accelerating its expansion in Europe with the launch of its Joybuy marketplace in the UK, Germany, France, the Netherlands, Belgium and Luxembourg, Reuters reports. The push was announced in February, and is now becoming a reality.
March 16, 2026 at 11:54 am IST
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