
Essity's Attempt to Dismiss Bondholder Lawsuit Rejected by Court
'There is a serious issue to be tried,' wrote Judge Timothy Fancourt of the London High Court in a judgment handed down on Monday. A lawyer for Essity had argued at a hearing in May that there wasn't, and that the plaintiffs who brought the suit aren't the 'proper parties' to bring such claims as they didn't directly hold the notes.

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EUWAX First Half 2025 Earnings: EPS: €1.22 (vs €0.60 in 1H 2024)
Explore EUWAX's Fair Values from the Community and select yours EUWAX (FRA:EUX) First Half 2025 Results Key Financial Results Revenue: €23.1m (up 24% from 1H 2024). Net income: €6.28m (up 103% from 1H 2024). Profit margin: 27% (up from 17% in 1H 2024). The increase in margin was driven by higher revenue. EPS: €1.22 (up from €0.60 in 1H 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period EUWAX shares are up 1.2% from a week ago. Risk Analysis Be aware that EUWAX is showing 2 warning signs in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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Morning Bid: Tech wrecks the party
A look at the day ahead in European and global markets from Rae Wee Markets in Europe were set for a dour opening on Wednesday, after a slump on Wall Street pushed Asian shares into the red, with technology stocks leading the decline. While there was no immediate trigger, analysts pointed to a confluence of factors, such as doubts over the lofty valuations of tech heavyweights and President Donald Trump's growing influence over the sector. U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip companies in exchange for grants under the CHIPS Act that was meant to spur factory-building around the country, sources told Reuters. The move comes on the back of other unusual deals Washington has recently struck with U.S. companies, including allowing AI chip giant Nvidia to sell its H20 chips to China in exchange for the U.S. government receiving 15% of those sales. The government's intervention in corporate matters has worried critics who say Trump's actions create new categories of corporate risk and that a bad bet could mean a hit to taxpayer funds. "This U.S. state/Presidential creep into tech, and the wider private sector, is unhealthy as it threatens to erode margins and dent demand/topline," said Mizuho's head of macro research for Asia ex-Japan Vishnu Varathan. Asia's tech-heavy indexes in Taiwan and South Korea slid 2.6% and 1.7%, respectively, while EUROSTOXX 50 futures shed 0.7%. Nasdaq futures were down 0.5%. Apart from the tech gloom, traders in London will be waking up to UK inflation figures, where expectations are for headline consumer prices to have picked up slightly in July on an annual basis. Inflation in Britain remains the highest of any major advanced economy and is around one percentage point more than in the United States or the euro zone. Any upside surprise would prove a headache for the Bank of England, with economists polled by Reuters expecting the central bank to cut interest rates by a quarter-point once more this year and then again in early 2026. Elsewhere in markets, the New Zealand dollar tumbled on Wednesday after the central bank cut rates and flagged further reductions in coming months as policymakers warned of domestic and global headwinds. The Reserve Bank of New Zealand said the economy had stalled in the second quarter, and lowered its projected floor for the cash rate to 2.55%, from 2.85% forecast in May. Key developments that could influence markets on Wednesday: - UK inflation (July) - FOMC July meeting minutes - Fed's Waller, Bostic speak Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Slovakia says it is receiving oil via Druzhba pipeline again
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