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18/09/2026
The yield on the US 2-year Treasury rose to 4.743%, the highest level since July 2024.
Latest
4 m ago
On has officially announced a partnership with football superstar Kylian Mbapp to enter the football sector. On founder David Allemann publicly stated that the brand's football boots will be available at retail in 2027, positioned as a premium product. It is understood that Mbapp will not only wear On-developed football products in matches but will also directly participate in the development and testing of future football boots and apparel, and become a global brand ambassador. Regarding the incentive mechanism for the partnership between On and Mbapp, Adrian, head of public relations for On Asia-Pacific, revealed in an interview that evening that On and Mbapp have a long-term, highly collaborative partnership centered on co-creation and product innovation, with an entrepreneurial spirit, and the incentive mechanism includes both cash and equity components. (National Business Daily).
11 m ago
European auto stocks fell after Volkswagen issued a profit warning, with Stellantis, Renault, and Porsche shares dropping more than 5%, while Volkswagen shares fell as much as 7.5%.
16 m ago
Porsche: Expects a fiscal year 2026 after-tax loss of 500 million euros to a profit of 1.5 billion euros.
20 m ago
Porsche: Adjusts 2026 adjusted group profit after tax forecast, still expects positive adjusted group profit after tax for fiscal year 2026.
22 m ago
Volkswagen expects its full-year operating profit margin to rise to 1%, compared with its previous forecast of 4% to 5.5% and market expectations of 4.29%.
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