Friday, 16 October 2026

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Fresenius Medical Care replaces CEO Helen Giza with Shervin Korangy from October 12; US-listed shares fall nearly 7%HSBC is reported to be cutting about 70% of UK financial adviser roles in an AI push; shares fall 3.4%Frasers Group discloses an 8.8% stake in Under Armour, about 16.6 million shares worth roughly $80 millionSTOXX 600 falls about 1% to 630 by midday as France's 10-year yield climbs 12 basis points to 4.85%Dutch state moves to cut its ABN Amro stake to 10.5% from 20.7% through a share-sale plan run by BofAUK water company Pennon launches a £550 million rights issue and cuts its dividend per share by about 30%Shell lifts its third-quarter gas output guidance and puts its refining margin at $42 a barrel, up from $24Porsche plans about 20% higher prices on its top models by 2030, a break-even under 200,000 cars and 9,000 job cuts by 2035German industrial output rises 2.0% in August on a construction jump, a day after orders were reported down 10.6%Forvia and Gabriel India form a seating joint venture; Forvia holds 50% plus one share and aims at about 10% of India's market

ECB deposit rate 2.50%Euro area 10-year 3.51%Bank of England 3.75%Official rates →

Europe · IPO calendar

Infracore SA IPO

listed

Exchange	SIX Swiss Exchange
Country	Switzerland
Ticker	INFRAC
IPO price	CHF 54
Deal size	CHF 227m
First trading day	9 Jul 2026
Sector	Real Estate

Fribourg-based hospital and clinic landlord; fixed-price offer of about 3.7m new shares (about CHF 200m) and about 0.5m existing shares from a Medical Properties Trust unit, about 27.5% of share capital; market value CHF 826m.

Source: Lenz & Staehelin ↗. This page reports announced terms; it is not a recommendation to buy, sell or apply.