Thomas Barnet

PepsiCo cuts earnings forecast and must reduce costs further

Facing sluggish demand in North America and soaring input costs, the snacks and beverages giant is revising its full-year targets and preparing additional structural savings. PepsiCo now expects EPS to grow by just 1% to 2% in 2026, compared with the previously anticipated 4% to 6%.

October 08, 2026 at 09:07 am

All precious metals are in negative territory in 2026

The decline in precious metals since the beginning of September has pushed them all below their January 1 levels. The S&P GSCI Precious Metals Index is down 5.7% in 2026, after gaining 70.6% last year. Surging energy prices and rising bond yields are weighing on the sector.

October 07, 2026 at 07:51 am

Porsche AG aims to sell more expensive and more reliable cars

At the investor day being held today at its development center in Weissach, Porsche plans to present its "Sportwagenschmiede '35" strategy. Over the medium term, the company is targeting an operating margin of between 10% and 15% and a net cash flow margin for the Automotive division of between 9% and 12%. The break-even point is expected to be below 200,000 units.

October 07, 2026 at 03:47 am

SpaceX seeks $40bn from Apollo to equip itself with Nvidia chips

Apollo Global Management would lead a debt offering combining bank loans and investment-grade bonds to finance Elon Musk's company's AI needs, the Financial Times has learned. The operation illustrates the scale of capital required by the race to build artificial intelligence infrastructure.

October 07, 2026 at 02:39 am

Option Care Health deal boosts European medical equipment makers

McKesson and private-equity firm CD&R have confirmed the $5.8bn acquisition of the home infusion services provider, representing a 37% premium to its latest share price. The deal has reignited investor appetite for the sector, propelling Sartorius, bioMérieux and Merck KGaA higher in Paris and Frankfurt.

October 06, 2026 at 11:15 am

Option Care Health deal boosts European medical equipment makers

McKesson and private equity firm CD&R confirmed the $5.8bn acquisition of the home infusion services provider, at a 37% premium to its last closing price. The deal has revived investor appetite for the sector, propelling Sartorius, bioMérieux and Merck KGaA higher in Paris and Frankfurt.

October 06, 2026 at 09:06 am

BPCE Takes Stake in Banco Sabadell

The French group (unlisted) has acquired about 7% of Spain's fourth-largest bank, aiming to become a stable shareholder and secure a seat on the board of directors. The friendly transaction, which is not expected to exceed 9.9% of the capital, should also pave the way for commercial cooperation between the two groups by early 2027.

October 06, 2026 at 04:33 am

Technip Energies to publish quarterly results on October 29

October 06, 2026 at 02:35 am

Verdict on October 9 on IntegraGen's future

The Evry Commercial Court examined the two takeover offers submitted by ABL Diagnostics and Health In Code for IntegraGen on October 5, and then reserved its decision. The ruling is expected on October 9, 2026, as part of the judicial restructuring proceedings opened on June 15, 2026.

October 06, 2026 at 12:30 am

L'Oreal seeks to isolate legal risks tied to talc in the United States

Faced with a growing number of class actions targeting its talc-based products and hair relaxers, the cosmetics giant has turned to restructuring advisers, including law firm Weil Gotshal & Manges and investment bank Ducera Partners. The aim would be to place these liabilities in a separate entity so it could be sold to an investor, the Wall Street Journal reports.

October 06, 2026 at 12:18 am

Euro hits a 17-month low

The euro is starting the week under pressure after already suffering in recent sessions. French budget concerns are reviving fears of contagion across the eurozone and pushing the single currency to levels not seen since May 2025.

October 05, 2026 at 10:07 am

Weekly earnings calendar: PepsiCo kicks off the quarterly marathon

The US soft drink and snacks company is the first big-cap company in global finance to report its Q3 results, due out this Thursday.

October 05, 2026 at 05:58 am

SGS takes control of cyber specialist Prescient Security

Swiss company SGS has taken a majority stake in Prescient Security, a US-based provider of IT compliance and cybersecurity services.

October 05, 2026 at 03:27 am

STMicroelectronics schedules earnings release for Oct. 29

October 05, 2026 at 02:50 am

AI is 55% financed in a closed loop

The artificial intelligence boom partly rests on a closed loop: companies finance partners that buy their products. This insularity has fueled debate over the risks of such an ecosystem. But beyond the obvious, what are the real numbers? Economists at the Bank for International Settlements (BIS) have taken up the question.

October 02, 2026 at 11:12 am

Rumor of European reserve release sends oil plunging

Brent and WTI started the morning lower, although losses widened after rumors that Europe could release strategic reserves.

October 02, 2026 at 05:29 am

Kering confirms a challenging end to summer for luxury

Overnight, numerous analysts cut their price targets on Kering. Generally, that is a sign of a significant event. In this case, it reflects the consequences of the conference call held by the group to frame research firms' expectations ahead of the quarterly earnings release.

October 02, 2026 at 02:36 am

Gold under pressure despite intact structural support

The yellow metal has lost ground this week amid rising bond yields and renewed appetite for oil risk, without its long-term fundamentals being called into question.

October 01, 2026 at 09:43 am

Vanguard Warns France on Its Debt

The US asset management giant says the deterioration in France's public finances could further drive up its debt-servicing costs. In an interview with the Financial Times, Vanguard in particular points to political risk ahead of next year's presidential election and difficulty in reducing France's deficit.

September 30, 2026 at 05:03 am

Oracle Rekindles Doubts About Funding for AI Infrastructure

Oracle's force majeure notice on a massive data center in New Mexico is unnerving the markets. It comes at a time when investors are growing increasingly demanding about the risks in a sector that is extremely capital intensive.

September 25, 2026 at 04:26 am

The dollar climbs towards a two-month high

The greenback retook control this week, buoyed by expectations of tighter monetary policy and a heavy geopolitical backdrop. The yen and the Swiss franc sent mixed signals on risk appetite.

September 23, 2026 at 10:20 am