Banco BPM: unscheduled board meeting on Tuesday 25 August, with the MPS OPA on the agenda - 

Clear skies, smart flight paths: sustainability in aviation also relies on AI

In the second quarter, the group’s turnover rose by 23 per cent to 2,034 million Danish kroner. The company will launch a further share buyback programme in 2026, up to a maximum of 750 million kroner.

Bavarian Nordic is on the rise in Copenhagen, buoyed by its quarterly results, an upward revision to its guidance and a share buyback

In addition to government bonds recording their best monthly performance since the 1990s, there has been a positive trend for bank and corporate bonds. Italy’s balance of payments closes the twelve-month period ending in June 2026 with a current account surplus of 30.4 billion (1.3 per cent of GDP).

BTPs: foreign demand continues – record purchases of 38.7 billion in June

The US fund is assessing potential opportunities to increase its stake. Analysts see this as a positive sign and an indication of confidence in the Italian aerospace company

Avio in the spotlight as Advent may move to acquire further shares beyond the 7 per cent mark

To experts, the move appears to be more of a defensive manoeuvre to shield Rocca Salimbeni from Intesa’s Opas than a sound business plan

MPS: the market reacts coolly to Lovaglio’s two-pronged move - 

The offers from Banco Bpm and Banca Generali

The plan drawn up by MPS to counter Intesa’s takeover bid also provides for the ‘distribution of 4 billion euros to MPS shareholders’, to be paid ‘partly in cash’ – amounting to 1 billion euros – ‘and partly in Generali shares’ amounting to ‘€3 billion’

 MPS launches bids for Banco BPM and Banca Generali worth 34 billion. Lovaglio: ‘We are creating value’ - 

Airports: using AI to predict queues. The challenge of the European Entry/Exit System

Gold has been trading at a three-month high following the US Treasury’s massive debt buyback programme. Bitcoin is also soaring, whilst oil prices remain high, with Brent crude trading at over $94 a barrel

Stock markets: a lull following the turmoil over US yields. Wall Street up; Bitcoin and gold surge

Samsung and SK Hynix have decided to reward their shareholders

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Banco BPM: unscheduled board meeting on Tuesday 25 August, with the MPS OPA on the agenda - Stock market sceptical about the plan