Russia launched its latest massive drone and missile strike on Ukraine, targeting areas in the nation’s west that border European Union states https://t.co/T7deVmv9Ts ...

The window of opportunity to resolve tensions in the south Caucasus is narrow. Missing it could throw the region once again into dangerous geopolitical uncertainty https://t.co/nzCpHIPMaQ ...

BASF warned that earnings will come in lower than previously expected this year as US tariffs and geopolitical uncertainties weigh on demand https://t.co/34fOnx6RMx ...

A Generational and Geographical Disconnect https://t.co/Xk2XJSnXSX ...

Trump Teases ‘Major Statement’ On Russia As Aerial Attacks On Ukraine Continue https://t.co/LzkLcIlXwE ...

Storebrand ASA (OTCPK:SREDF) Q2 2025 Earnings Conference Call July 11, 2025 6:00 AM ET Company Participants Johannes Narum - Head of Investor Relations Lars Aasulv Loddesol - Group CFO and Executive VP of Finance, Strategy, Legal & Sustainability Odd Arild Grefstad - Group Chief Executive Officer Conference Call Participants David Barma - BofA Securities, Research Division Farooq Hanif - JPMorgan Chase & Co, Research Division Hans Rettedal Christiansen - Danske Bank A/S, Research Division Jan Erik Gjerland ...

We are not even a week out from the deadly flooding in Texas that killed at least 123 pe uh 20 people with 173 still missing. And as first responders shift their efforts from rescue to recovery, which could be months, the country is now dealing with another problem. Conspiracy theories.As Wired magazine reports, within hours of the tragedy happening, conspiracy theorists, right-wing influencers, and lawmakers were pushing wild claims on social media that the floods were somehow geoengineered. In Oklahoma, f ...

Tourism in Spain, Europe’s second largest holiday destination, will grow less than previously expected as economic and geopolitical uncertainties weigh on appetite for travel https://t.co/hpu8A47zjo ...

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Core Insights - The second quarter was marked by uncertainty in the market due to unclear tariff regulations and geopolitical tensions, affecting customer investment decisions [3][15] - Order intake for the quarter was SEK 816 million, reflecting an organic increase of 8%, driven by modest market improvements and better alignment of customer inventory with demand [4][9] - Net sales for the quarter were SEK 843 million, showing an organic decrease of 5%, impacted by currency fluctuations and delivery challenges [6][9] - The gross margin remained stable at 61.8%, although slightly lower than recent quarters due to currency changes and tariff effects [10][11] - The integration of Red Lion is progressing well, with significant advancements in implementing ERP and CRM systems [12] Financial Performance - Adjusted EBIT for the quarter reached SEK 181 million, corresponding to a margin of 21.4% [9][11] - Cash flow from operating activities amounted to SEK 201 million, driven by inventory adjustments and reduced accounts receivable [11][9] - For the first six months, order intake increased by 41% to SEK 1,746 million, while net sales rose by 19% to SEK 1,733 million [9] Market and Divisional Insights - Demand within Industrial Network Technology (INT) is improving, particularly among European customers, although from low levels [7] - Industrial Data Solutions (IDS) reported growth in order intake, but fewer large project orders were noted compared to previous quarters [8] - The New Industries (NI) segment is experiencing a cautious market environment due to tariff announcements, particularly affecting the European automotive industry [8] Tariff and Regulatory Environment - Ongoing tariff negotiations between the US and its trading partners are critical, with expectations of approximately 10% tariffs on finished goods from Europe to the US [14] - The company has introduced price adjustments on new orders to mitigate tariff impacts and is closely monitoring the situation [14] Outlook - The short-term market outlook remains uncertain due to tariffs and geopolitical factors, but there is cautious optimism for long-term growth driven by increased automation and digitalization needs in the US manufacturing sector [15][16]