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Jupiter favours European government bonds as ECB hike pricing 'overdone'
By Alun JohnLONDON, May 13 (Reuters) - Asset manager Jupiter has been buying European government bonds, particularly shorter-dated German debt, and reducing exposure to U.S. Treasuries, because it thinks the market is pricing in too many rate hikes from the European Central Bank and the Bank of Engl...Reuters
5 hours ago
Switzerland reviews US Patriot options, keeps payments on hold
BERLIN, May 13 (Reuters) - Switzerland is reviewing options proposed by the United States for the purchase of Patriot long-range ground-based air defence systems but is keeping payments to Washington suspended because delivery timelines and costs remain unclear, the government said on Wednesday.Reuters
5 hours ago
Phylex Biosciences Announces First Research Project To Develop An AI-Derived MRNA Nanoparticle Vaccine Against Andes Hantavirus
May 13 (Reuters) - PHYLEX BIOSCIENCES: ANNOUNCES FIRST RESEARCH PROJECT TO DEVELOP AN AI-DERIVED MRNA NANOPARTICLE VACCINE AGAINST ANDES HANTAVIRUSFurther company coverage: [ ]Reuters
5 hours ago
UK health minister Streeting preparing to resign, Times says
LONDON, May 13 (Reuters) - Britain's health minister Wes Streeting is preparing to resign and could quit as early as Thursday, the Times reported on Wednesday, adding that he is likely to mount a formal challenge for the party leadership.Streeting had a brief meeting with Prime Minister Keir Sta...Reuters
6 hours ago
Rising US law firm expenses offset strong demand and rate hikes in first quarter - report
By Karen Sloan May 13 (Reuters) - Strong demand and billing rate hikes didn’t translate into major economic gains for U.S. law firms in the first quarter of 2026, new financial figures show.Rising expenses — including investments in artificial intelligence — and falling productivity cut into what...Reuters
6 hours ago
ECB urges banks to quickly prepare for AI-assisted cyberattacks
ECB's Elderson urges euro area banks to act despite lack of Mythos accessU.S. banks are already addressing vulnerabilitiesEven minor vulnerabilities need to be patched quickly, ECB says FRANKFURT, May 13 (Reuters) - European Central Bank board member Frank Elderson on Wednesday urged banks in...Reuters
6 hours ago
SoftBank profit more than triples to $12 billion on OpenAI stake gains
Vision Fund booked 3.1 trillion yen quarterly gainOpenAI investment gain totals $45 billion SoftBank says FY profit is highest in Japan corporate historySon is an enthusiastic supporter of OpenAI Backing is raising concerns about financing pressuresBy Anton Bridge TOKYO, May 13 (Reuters) - Techno...Reuters
6 hours ago
Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming
Gaza deaths, Israeli bombardment both up since ceasefireIsrael, Hamas at odds over disarmament, undermining Gaza truceIsraeli defence officials say they have warned government Hamas is rearming'The war has not stopped,' displaced Palestinian man saysBy Nidal al-Mughrabi, Maayan Lubell and Da...Reuters
6 hours ago
Israel's Global-e slightly beats Q1 revenue estimates, raises FY guidance
OverviewIsrael e-commerce platform's Q1 revenue rose 33% yr/yr, slightly beating analyst expectationsAdjusted EBITDA margin expanded to 19.9%, up 330 bps yr/yrCompany executed $59 mln in share repurchases and raised full-year 2026 guidanceOutlookGlobal-e sees Q2 2026 GMV between $1.945 bln and $...Reuters
6 hours ago
China's Atour Lifestyle Q1 revenue jumps 47.5% on manachised hotel expansion
OverviewChina hospitality and retail group's Q1 revenue rose 47.5% yr/yr to RMB2.81 blnAdjusted net income for Q1 grew yr/yr to RMB490 mlnCompany expanded hotel network by 20.9% yr/yr to 2,088 hotelsOutlookCompany expects 2026 net revenues to rise 24% to 28% from 2025Result DriversMANACHISED HOT...Reuters
6 hours ago
National Vision Q1 revenue rises 6.6% on higher average ticket
OverviewU.S. optical retailer's Q1 revenue up 6.6% yr/yr, slightly missing analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany expanded military store presence, adding 20 new locationsOutlookCompany reiterates 2026 net revenue guidance of $2.033 bln to $2.091 blnNational Vis...Reuters
6 hours ago
Web3labs Global: IPO Price Expected To Be $4.00 To $5.00 Per Share - SEC Filing
May 13 (Reuters) - WEB3LABS GLOBAL INC - IPO PRICE EXPECTED TO BE $4.00 TO $5.00 PER SHARE - SEC FILINGWEB3LABS GLOBAL INC - APPLIES TO LIST CLASS A ORDINARY SHARES ON NASDAQ UNDER SYMBOL MDAT - SEC FILINGWEB3LABS GLOBAL INC - ANNOUNCES US IPO OF CLASS A ORDINARY SHARES - SEC FILINGWEB3LABS GLOBAL I...Reuters
6 hours ago
Canada's Boyd Group Q1 sales rise 28%, slightly less than estimated
OverviewCanada collision repair operator's Q1 sales rose 28% but slightly missed analyst expectationsAdjusted EPS met analyst expectations; adjusted EBITDA rose 52% with margin expansionGrowth driven by Joe Hudson acquisition, new locations and positive same-store salesOutlookBoyd expects to ope...Reuters
6 hours ago
Regis Q3 revenue falls on franchise weakness
OverviewUS haircare salon operator's fiscal Q3 revenue fell yr/yr due to lower franchise incomeAdjusted EPS for fiscal Q3 rose yr/yr as profitability improvedCompany-owned salon same-store sales rose 9.6%, supporting improved operating incomeOutlookCompany did not provide specific financial guid...Reuters
6 hours ago
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