Guidepost Growth Equity Backs Educational-Technology Company Intellum
The Boston-based firm’s $25 million investment marks the first time that Intellum received institutional capital.
Oil Prices Perk Up as Recession Worries Ebb, Supply Tightens
Some banks say Brent could rise toward $100 a barrel, as the economic outlook improves and supply cuts start to bite.
The Rest of the World Has Finally Caught the U.S. Women’s Soccer Team
European teams stocked with players from the game’s richest clubs have already signaled that they can prevent an American World Cup three-peat.
BAE Systems Boosts Guidance on Record Order Book
BAE Systems raised its full-year forecasts for sales and underlying earnings after it reported above-consensus half-year profits on a record order book.
China Extends Tax Relief Measures to Support Small Businesses
China’s finance ministry unveiled measures to help struggling small businesses as the economy’s post-Covid-19 recovery loses steam.
Bank of Thailand Increases Policy Rate to Tame Inflation
Thailand’s central bank raised its policy rate as it continued its efforts to tame inflation.
Taiwan Unveils Dates for U.S. Stops by Vice President Despite China’s Protests
Lai Ching-te plans to stop in New York and San Francisco this month on his way to and from a formal visit […]
Smurfit Kappa Profits Fall on Lower Volumes
Smurfit Kappa said its first-half underlying earnings fell to €1.1 billion, though the Ebitda margin rose to 19.1%, and it added that […]
German 10-Year Bund Yield Seen Lacking Direction
The 10-year German Bund yield has been struggling for direction within a narrow range between 2.2% and 2.6%, MUFG said, with investors’ […]
Haleon Lifts Forecasts After First-Half Beat
Haleon posted an adjusted operating profit of £1.3 billion in the first half, slightly ahead of expectations, and raised its full-year guidance […]
Siemens Healthineers Profits Hit by Covid Test Demand Drop
Siemens Healthineers reported a drop in third-quarter adjusted earnings to €740 million, due to lower Covid-19 test sales, but it confirmed its […]
Fresenius Earnings Weaken on Higher Costs
Fresenius posted lower profits for the second quarter due to rising costs, higher taxes and negative developments at its hospital subsidiary, but […]