Thomas Barnet

ABB plans to float its robotics division

On Thursday the Swiss industrial group ABB announced its intention to spin off its robotics division, marking the company's largest reorganization since the sale of its power grid business to Hitachi in 2018.

17 April 2025 at 06:46 pm AEST

Temu and Shein sharply reduce advertising spend in the US

Chinese e-commerce giants Temu and Shein, among the largest advertisers on US social media, are drastically cutting their digital advertising spending in the United States, according to industry data. The move is a blow to major tech platforms such as Facebook (Meta) and YouTube.

17 April 2025 at 05:30 pm AEST

European companies' profits expected to fall by 3% in Q1

The financial health outlook for European companies has deteriorated, according to the latest LSEG I/B/E/S forecasts published on Tuesday, as economic uncertainty continues to weigh on activity.

16 April 2025 at 06:53 pm AEST

Airbus maintains targets for 2025 despite customs duties

Airbus confirmed its annual forecasts on Tuesday at its general meeting, while informing its shareholders about its intention to follow "closely and actively" the economic and commercial disruptions that have been shaking the markets for several weeks.

16 April 2025 at 06:45 pm AEST

Bunzl slumps 25% after bad news

The British distributor of professional supplies Bunzl has reduced its forecasts for 2025 and suspended its share buyback program, due to pressure on its North American activities and an uncertain global economic climate.

16 April 2025 at 06:22 pm AEST

Sartorius Stedim Biotech gets 2025 off to a good start

After three consecutive years of decline on the stock market and the loss of its status as a rising star, Sartorius Stedim Biotech returned to dynamic publication in Q1 2025, with growth of 10.4%, with a fairly substantial improvement in margins. The group, which had not set targets at the beginning of the year, is providing its first indications.

16 April 2025 at 06:06 pm AEST

Nvidia's accounts weighed on by new US restrictions

On Tuesday, Nvidia announced a $5.5bn charge related to new restrictions imposed by the US government on the export of its H20 artificial intelligence chip to China, one of its key markets for this flagship product. The stock lost 6% in post-closing trading, mirrored by that of AMD, which is subject to the same restrictions.

16 April 2025 at 05:28 pm AEST

Hermès (briefly) snatches crown from LVMH on Paris Stock Exchange

On the morning of April 15, 2024, Hermès briefly overtook LVMH to become the largest market capitalization on the Paris stock exchange, at around ?246bn. The two luxury goods giants are very close, but Hermès benefited from the sharp fall of LVMH (-5%) after poor Q1 sales at Louis Vuitton.

15 April 2025 at 07:56 pm AEST

Boeing persona non grata in China?

Airbus shares rose on the morning of April 15 on the Paris Stock Exchange after Bloomberg revealed that China plans to freeze Boeing deliveries to its national airlines. This is obviously the latest twist in the trade war between the two countries.

15 April 2025 at 07:41 pm AEST

Publicis confirms annual targets thanks to major contracts

On Tuesday, Publicis confirmed its forecasts for 2025, driven by significant commercial gains and advertising expenditure that is globally stable despite a context marked by global trade tensions.

15 April 2025 at 07:38 pm AEST

Applied Materials takes 9% stake in BE Semiconductor

Applied Materials has announced that it has acquired 9% of the capital of BE Semiconductor Industries (BESI), a Dutch manufacturer of assembly equipment for the semiconductor industry.

15 April 2025 at 07:17 pm AEST

TotalEnergies production tops forecasts in Q1

TotalEnergies forecasts hydrocarbon production at the top end of its range for Q1 2025, with year-on-year growth of around 4%. According to an update published on Tuesday, production should reach 2.5-to-2.55 million barrels of oil equivalent per day (Mboe/d).

15 April 2025 at 05:16 pm AEST

Intel sells control of Altera to Silver Lake

The semiconductor giant is continuing with its refocusing strategy by selling 51% of Altera to Silver Lake. This transaction is designed to strengthen the independence of the FPGA (field programmable gate array) business, while enabling Intel to reinforce its financial position.

14 April 2025 at 11:45 pm AEST

Goldman Sachs sees ounce of gold at $3700 by the end of 2025 (+15%)

Goldman Sachs has raised its forecast for the year-end gold price from $3,300 to $3,700 per ounce. The US bank cites stronger-than-expected demand from central banks and recessionary risks as driving up demand for the precious metal, particularly via ETFs.

14 April 2025 at 07:08 pm AEST

BNP Paribas lowers return on capital for AXA IM transaction

14 April 2025 at 06:17 pm AEST

US producer prices fall despite trade tensions

Producer prices fell unexpectedly in the US in March, weighed on by a sharp drop in energy costs. This easing could be shortlived, however, as import tariffs are likely to rekindle inflationary pressures in the months ahead.

12 April 2025 at 12:11 am AEST

Washington 145% / Beijing 125%

The trade war between China and the USA is flaring up again, rekindling fears about global supply chains and the already fragile balance of the Chinese economy.

11 April 2025 at 08:22 pm AEST

STMicroelectronics shakes up its chips in Italy

On Thursday STMicroelectronics tried to reassure the Italian government of its desire to remain involved in the country, as Rome stepped up its pressure to obtain the departure of its CEO, Jean-Marc Chery. However, investors were not exactly serene.

10 April 2025 at 11:57 pm AEST

A slow start to the year at Michelin

At a conference with investors last night, Michelin announced that its sales for Q1 2025 are expected to fall slightly short of the market consensus, due to greater-than-expected seasonality in the first half of the year.

10 April 2025 at 10:14 pm AEST

Musk challenges Trump on tariffs (Washington Post)

Elon Musk tried in vain this weekend to convince Donald Trump to reverse his new tariff measures, according to the Washington Post, citing two sources close to the matter. The Tesla boss, who is also an advisor to the American president, reportedly engaged in direct exchanges with the latter, without success.

08 April 2025 at 06:01 pm AEST

Oil plummets after China retaliates against US tariffs

China intensified the global trade conflict on Friday by announcing the imposition of additional 34% tariffs on US products, in response to the across-the-board tariff measures decided earlier this week by President Donald Trump. Several asset classes, including black gold, are under pressure.

05 April 2025 at 01:28 am AEDT