Friday, 16 October 2026

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Fresenius Medical Care replaces CEO Helen Giza with Shervin Korangy from October 12; US-listed shares fall nearly 7%HSBC is reported to be cutting about 70% of UK financial adviser roles in an AI push; shares fall 3.4%Frasers Group discloses an 8.8% stake in Under Armour, about 16.6 million shares worth roughly $80 millionSTOXX 600 falls about 1% to 630 by midday as France's 10-year yield climbs 12 basis points to 4.85%Dutch state moves to cut its ABN Amro stake to 10.5% from 20.7% through a share-sale plan run by BofAUK water company Pennon launches a £550 million rights issue and cuts its dividend per share by about 30%Shell lifts its third-quarter gas output guidance and puts its refining margin at $42 a barrel, up from $24Porsche plans about 20% higher prices on its top models by 2030, a break-even under 200,000 cars and 9,000 job cuts by 2035German industrial output rises 2.0% in August on a construction jump, a day after orders were reported down 10.6%Forvia and Gabriel India form a seating joint venture; Forvia holds 50% plus one share and aims at about 10% of India's market

ECB deposit rate 2.50%Euro area 10-year 3.51%Bank of England 3.75%Official rates →

Europe · IPO calendar

Svevik Industri AB (publ) IPO

listed

Exchange	Nasdaq First North Premier Stockholm
Country	Sweden
Ticker	SVEVIK
IPO price	SEK 55
Deal size	SEK 98m
Priced	15 Sep 2026
First trading day	23 Sep 2026
Sector	Industrials

Acquirer of niche industrial companies. 1,777,272 new shares at SEK 55; SEK 97.7m gross includes the fully used extension option (base 1,545,454 shares). Offer about five times oversubscribed.

Source: MFN (company release) ↗. This page reports announced terms; it is not a recommendation to buy, sell or apply.