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Hermès (EPA: RMS) Shares Sink 10.59% as EPS Miss at €21.32 Overshadows €3.35B Profit Beat
Hermès shares plunged as much as 10.59% on Wednesday, July 29, 2026. The drop came despite the French luxury house posting €3.4 billion in operating income for H1 2026. Diluted earnings per share came in at €21.32, down slightly from €21.39 a year earlier. A Q2 revenue miss and persistent China weakness drove the sharp…
Swiss ‘Zipper Merge’ Rule Clarified: Late Lane Changes Are Legal, July 24
Swiss police clarify zipper merge rule: staying in your lane until the end during road narrowing is legal and reduces traffic jams. The principle has been law since 2021.
Swiss Holidaymakers Embrace ‘Skilliday’ Trend: 45% Plan Learning Vacations in 2026
Mastercard study shows 45% of Swiss travelers booking ‘skilliday’ vacations to learn skills. 41% willing to pay more for authentic local experiences, boosting rural tourism revenue.
Canada’s Housing Crisis Shifts: SCHL Pushes Affordable Designs Over Luxury July 11
SCHL economist Mathieu Laberge says Canada must build affordable homes with practical finishes, not granite counters. Vacancy rates remain critically tight at 1-3% as federal programs fund local housing initiatives.
European Markets: FTSE 100 Gains 0.26%, CAC 40 Climbs 0.30% as Geopolitical Risks Remain in Focus
FTSE 100 edged higher on July 6 as European equities opened the week with cautious gains despite ongoing geopolitical concerns. The UK’s benchmark index rose 0.26%, while France’s CAC 40 advanced 0.30% during early trading. Germany’s DAX also traded modestly higher as investors monitored developments in the Middle East, global trade discussions, and expectations for…
Anthem Biosciences Sees ₹1,275 Crore Block Deal as Societe Generale, Prudential Buy 3% Stake
Anthem Biosciences just attracted serious global institutional attention. On June 19, 2026, the Bengaluru-based pharma services company saw a large block deal hit the National Stock Exchange. Global investors led by Societe Generale, Prudential Hong Kong, and Ghisallo Capital Management acquired a combined 3% stake in Anthem Biosciences from promoter Aruna Ganesh for ₹1,275 crore…
Barclays Sets STOXX 600 “Peace Target” at 670, Lifts 2026 Earnings Forecast to 10% on US-Iran Deal Hopes
Barclays didn’t hedge with vague optimism. Barclays established a STOXX 600 “peace target” of 670 under its scenario where a US-Iran de-escalation holds. The bank also raised its forecast for European earnings growth in 2026 to 10%. It citing stronger-than-average nominal economic growth and supportive energy prices. The STOXX 600 has already hit a record…
Supreme Court Rules New Brunswick Lieutenant Governor Must Be Bilingual, June 15
Supreme Court rules New Brunswick’s Lieutenant Governor must be bilingual under Charter section 16(2), protecting French-speaker language rights.
Paris Family Tragedy: 16-Year-Old Arrested After Brother’s Death, May 26
16-year-old in Paris confessed to killing his 14-year-old brother and attacking his mother. Police opened a homicide investigation.