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03.10.25 - 14:31
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BBVA & Sabadell Clash as Bid Enters Final Days, European Stocks Record High | The Opening Trade 10/3 (Bloomberg)
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A tech-fueled rally in global stocks continued unabated as another round of big-ticket artificial intelligence partnerships stoked fresh optimism. European stocks were set to hit a record high and have their best week since May. The BBVA Chairman and Sabadell CEO clashed in exclusive interviews. A 17 billion euro takeover deal would create a new Spanish banking giant and push BBVA closer in size to the country's biggest lender, Banco Santander.
A gauge for Asian tech stocks led the charge with a new record as Japan's Hitachi teamed up with OpenAI while Fujitsu and Nvidia collaborate. US stock futures also advanced, setting the S&P 500 on its longest winning streak since July.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Kriti Gupta and Guy Johnson. (Source: Bloomberg)...
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25.09.25 - 01:30
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Midea′s AC sales jump 35% in Europe amid heatwaves, offsetting slowdown in China (SCMP)
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The blistering summer in Europe, which was marked by unbearable heatwaves, boosted air conditioner sales for Midea Group, as consumers across the continent looked for inexpensive and durable cooling options.
In a part of the world unaccustomed to installing ACs due to the temperate climate and high costs, Midea's air conditioners were a hit in Germany for a second year in a row, according to Manuel Seethaler, head of public relations and strategy for Midea in Germany.
“Now more users recognise......
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09.09.25 - 17:06
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Electronics Monitoring Leader proteanTecs Raises $51M in Series D Funding (Business Wire)
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Round led by IAG Capital Partners and joined by strategic investors Arm, Siemens and SamsungHAIFA, Israel--(BUSINESS WIRE)--#proteantecs--proteanTecs®, a global leader in deep data solutions for electronics health and performance monitoring, today announced the closing of its $51 million Series D funding round. The round was led by IAG Capital Partners, with participation from new strategic investors Samsung Catalyst Fund, Arm, and Siemens. The company also received continued support from existing investors, including Addition, Zeev Ventures, Avigdor Willenz Group, MediaTek Innovation Fund, Intel Capital, Porsche Automobil Holding SE, and Koch Disruptive Technologies (KDT).
proteanTecs' telemetry-based solutions deliver predictive lifecycle monitoring to optimize power, improve performance, and enhance the resilience and safety of complex electronic systems. The company has established itself as a trusted partner to cloud hyperscalers and leading semiconductor companies, and is rapidly expanding its pre...
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