The Ikea-backed company’s business model is based on circularity, with furniture pieces that are no longer needed being refurbished and reused. Nornorm has received €50m to scale up its furniture-as-a-service model from all of its existing investors, including Norwegian private...
JPMorgan Chase on Tuesday topped analysts’ estimates for the third quarter as trading and investment banking generated about $700 million more revenue than expected. Here’s what the company reported: Earnings per share: $5.07 vs. expected $4.84, according to LSEG Revenue: $47.12 billion...
Wells Fargo said its profit increased 9% from a year earlier in the third quarter. Net income at the bank was $5.59 billion. That amounted to $1.66 a share, above analyst estimates of $1.55. Revenue was 5% higher at $21.44...
Citigroup posted stronger-than-expected third-quarter earnings on Tuesday before the bell, with every division generating record revenue. Here’s what the bank reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Adjusted earnings per share: $2.24...
Warburg Pincus has agreed to acquire Germany’s PSI Software AG in a transaction valuing the energy and industrial software company at more than €700m, marking one of the largest private equity takeovers in Germany’s technology sector this year, Reuters...
Goldman Sachs on Tuesday beat estimates for its third quarter on stronger-than-expected investment banking and fixed income trading. Here’s what the company reported: Earnings per share: $12.25 vs. $11 expected, according to LSEG Revenue: $15.18 billion vs. $14.1 billion expected, according to...
Advance estimates show moderation from previous quarter, as manufacturing sector stalls. The Republic’s economy expanded 2.9 per cent year on year in the third quarter of 2025, slowing from the previous quarter’s pace but still exceeding analyst expectations, advance estimates...
Morgan Stanley Investment Management (MSIM) announced that it has led a $60 million growth capital fundraise for maritime sector-focused low-carbon Energy Storage Systems (ESS) solutions provider Corvus Energy. MSIM’s investment was made through 1GT, the firm’s private climate equity strategy...
JPMorgan Chase has announced a decade-long $1.5tn investment initiative to finance and invest in industries central to U.S. national security, including defence, energy, and advanced manufacturing, according to sources cited by Reuters. The plan, described by the bank as its...
Impact investments grew at a 21% compound annual rate to US$448.2 billion over the past six years as investors increasingly sought measurable social and environmental benefits and “meaningful” outcomes, according to a survey by Global Impact Investing Network (GIIN). The...
