Deutsche Brse is expanding its market data offer in the cryptocurrency sector by working with the French cryptocurrency market data provider Kaiko. As announced by the exchange operator, an appropriate agreement has been concluded. Kaiko’s consolidated cryptographic data feed is to be made available directly to Deutsche Börse clients.
Deutsche-Post: DHL Supply Chain buys Australia’s Glen Cameron
DHL Supply Chain, a subsidiary of Deutsche Post, strengthened its position in Australia with the acquisition. According to the Bonn logistics group, 100 percent of Glen Cameron Group, an Australian logistics company specializing in road transport and contract logistics, will be acquired. The Glen Cameron Group operates a fleet of 1,000 trucks and trailers and employs more than 820 people across Australia.
Mercedes-Benz appoints Asia expert Paul Gao as head of strategy
The premium car manufacturer Mercedes-Benz has taken over the newly created position of Chief Strategy Officer. Paul Gao, most recently a senior partner at McKinsey & Company in Hong Kong, will take up the position, the DAX group announced. Gao has many years of experience in the automotive industry, serving Chinese and global customers. “Thanks to his international profile, he will control all aspects of the Mercedes-Benz strategy in the future,” says the group.
Adesso takes over the remaining shares in Com2m. specializing in IoT
Adesso SE increased its stake in Com2m GmbH to 100 percent from around 59 percent the last time. Previously, the associated company is to be merged with Adesso with effect from January 1, 2022. As an IT service provider from Dortmund announced, operational management and salesmen are to further develop the business in responsible positions at Adesso in the manufacturing industry sector. A low single-digit amount of one million euros was set as the purchase price.
Flatexdegiro expects weaker customer growth
The Flatexdegiro online broker is becoming increasingly pessimistic in its assumptions about customer growth and the transactions to be processed throughout the year. At the same time, SDAX sees better monetization his offers. According to preliminary data, Flatexdegiro earned more in the first half of the year than in the whole of 2021.
Fuchs Petrolub buys back shares up to EUR 200 million
The lubricant manufacturer Fuchs Petrolub buys back its own shares. As announced by the MDAX group, it intends to buy back up to 6 million of its own shares – each half ordinary and half privileged – worth up to EUR 200 million by March 29, 2024. The program starts on June 27. Fuchs Petrolub intends to redeem the acquired shares.
S&P and Moody’s have awarded Hugo Boss investment grade investment grades
The Hugo Boss fashion group has received the coveted investment rating from both Standard & Poor’s (S&P) and Moody’s. As announced by S&P, the agency rates Hugo Boss as BBB. At Moody’s, the equivalent rating is Baa2. The outlook for both agencies is stable.
Astrazeneca receives positive data from research into the treatment of polyneuropathy
The British pharmaceutical company Astrazeneca has successfully completed the study of its drug Eplontersen for the treatment of familial amyloid polyneuropathy. The company announced that the primary and secondary endpoints were met in the phase III study.
Easyjet buys 56 new Airbuses and converts 18 orders
Easyjet buys 56 Airbus A320neo planes and replaces 18 A320neo orders with A321neo planes. As announced by the British low-cost airline, new planes should be delivered in 2026-2029, and A321neo machines in 2024-2027.
Vattenfall supplies Air Liquide with electricity from renewable sources
Swedish energy supplier Vattenfall will provide the French gas group Air Liquide with electricity from renewable sources in the long term. The Vattenfall Group has announced that it has signed a 15-year contract with Air Liquide to supply approximately 500 gigawatt hours of electricity per year from the Hollandse Kust Zuid offshore wind farm owned by Vattenfall, BASF and Allianz.
The Bundeskartellamt investigates restrictions of competition via Google Maps
The Bundeskartellamt takes a closer look at Google’s mapping services. As the authority informed, it initiated proceedings against the German company Google and the parent company Alphabet due to possible restrictions on competition in Google Maps.
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(END) Dow Jones Newswires
June 21, 2022 07:12 ET (11:12 GMT)