For currency markets, UBS expects the British pound to "muddle through" with a target of EURGBP 0.8800 for 2026. The bank noted that sterling faces opposing forces - lower short-term rates eroding ...

In a more significant development, Hanwha Ocean has placed an order for seven new LNG carriers. This announcement confirms information the company shared earlier this week at the LNG Summit Award.

Average daily trading volume for A-share turnover rose 3% to ¥1,854 billion, while equity futures turnover jumped 29% to ¥451 billion. ChiNext turnover remained steady at ¥502 billion, and margin ...

Investing.com -- Subsea 7 has been awarded a contract from ConocoPhillips for the Previously Produced Fields development project offshore Norway.

Investing.com -- Italian eyewear maker Safilo has purchased a 25% stake in Inspecs for £21.7 million, a move that effectively blocks a previous takeover attempt of the British eyewear company.

Investing.com - UBS projects the EUR/CHF exchange rate will edge higher to 0.94 into 2026 while USD/CHF should stabilize around 0.78. The Swiss bank cited the European Central Bank’s recent decision ...

UBS cut its 12-month price target to €40 from €70.50, reflecting lower growth assumptions, revised valuation inputs and a reassessment of near-term risks. The brokerage said that the engineering ...

Investing.com -- The European Union has delayed the signing of a free trade agreement with Mercosur countries as EU leaders met in Brussels to discuss Ukraine war funding. "We have reached out to our ...

Investing.com -- Carlyle Group has signed a stock purchase agreement with Orchestra PE to acquire 100% of KFC Korea, according to a report from Korea Economic Daily on Friday. The acquisition is ...

Investors appear to be largely resting Friday as a hectic week of economic data and central bank decisions comes to an end.

In other company news, WH Smith PLC (LON:SMWH) reported a fall in full-year earnings and cut its headline profit forecast to £100-115 million for the year ahead. This figure falls well below earlier ...

Investing.com -- Turkish budget carrier Pegasus has signed a supply and maintenance agreement with CFM International for LEAP-1B engines to power up to 150 Boeing 737-10 aircraft, according to an ...