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

Outlet Group Holding ASA IPO

listed

Exchange	Euronext Oslo Børs
Country	Norway
Ticker	OUTLT
IPO price	NOK 33
Deal size	NOK 1.30bn
First trading day	24 Sep 2026
Sector	Consumer Discretionary

Value retailer of sports gear, clothing and toys with 145 stores in Norway; NOK 500m of new money; market value NOK 3.68bn.

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