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Vallourec's profit rises on higher US prices, Mideast business stays resilient
By Mathias de Rozario May 13 (Reuters) - French steel tubes maker Vallourec VLLP.PA on Wednesday reported a 4% rise in its first-quarter core profit that landed within its own guidance range, boosted by rising market prices in the United States.Vallourec's earnings before interest, taxes, dep...Reuters
9 hours ago
SK Innovation warns refining recovery to take time, beats Q1 profit estimates
SEOUL, May 13 (Reuters) - SK Innovation 096770.KS, owner of South Korea's top refiner SK Energy, said on Wednesday the normalisation of production and logistics of its refining business is expected to take time even if the Middle East conflict is resolved. The company posted an operating profit ...Reuters
9 hours ago
ANALYSIS-Tech rivalry, distrust sap summit hopes for Trump-Xi AI push
Anthropic's Mythos model has intensified need for US-China AI talksTrump-Xi summit takes place amid heightened mistrust and US push for chip controlsBoth sides could discuss an AI hotline or guardrails for advanced models, analysts sayBy Laurie Chen BEIJING, May 13 (Reuters) - U.S. President ...Reuters
10 hours ago
US defense firm Anduril raises $5 billion, doubling its valuation to $61 billion
May 13 (Reuters) - Defense technology start-up Anduril Industries said on Wednesday that it has raised $5 billion, doubling its valuation to $61 billion.The California-based start-up's latest funding round was led by venture capital firms Thrive Capital and Andreessen Horowitz. Here are some det...Reuters
10 hours ago
Adecco says flexible jobs continue to outpace permanent roles
Permanent recruitment down, flexible placements up amid uncertaintyAdecco revenue and operating profit beat analyst forecasts in Q1No operational disruption or job market impact from Middle East conflict, CEO saysBy Bernadette Hogg and John RevillMay 13 (Reuters) - Hiring temporary staff remained mo...Reuters
10 hours ago
Israeli strikes hit two cars south of Lebanese capital, state media says
May 13 (Reuters) - Two separate Israeli strikes targeted two cars in Lebanon's Jiyeh area south of Beirut on Wednesday, Lebanon's state news agency NNA reported. There was no immediate information on any casualties and no immediate comment from the Israeli military.Reuters
10 hours ago
Defence Technology Start-Up Anduril Industries Has Raised $5bn In A Deal That Nearly Doubles Its Valuation To $61bn- FT
May 13 (Reuters) - DEFENCE TECH START-UP ANDURIL DOUBLES VALUATION TO OVER $60BN - FTDEFENCE TECHNOLOGY START-UP ANDURIL INDUSTRIES HAS RAISED $5BN IN A DEAL THAT NEARLY DOUBLES ITS VALUATION TO $61BN- FTSource text: https://tinyurl.com/yeyusmmbReuters
10 hours ago
US Treasury's Bessent, Chinese Vice Premier He conclude talks in South Korea
INCHEON, South Korea, May 13 (Reuters) - U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng concluded on Wednesday talks at the Incheon International Airport, a U.S. official told Reuters. The two met in South Korea to lay the groundwork ahead of this week's summit talks be...Reuters
10 hours ago
SK Innovation warns refining recovery to take time, beats Q1 profit estimates
SEOUL, May 13 (Reuters) - SK Innovation 096770.KS, owner of South Korea's top refiner SK Energy, said on Wednesday the normalisation of production and logistics of its refining business is expected to take time even if the Middle East conflict is resolved. The company posted an operating profit ...Reuters
10 hours ago
German government bond yields close to multi-year highs
By Stefano Rebaudo May 13 (Reuters) - German government bond yields hovered around their multi-year highs on Wednesday as markets expected the European Central Bank to raise rates by 75 basis points by year-end to counter inflation driven by the energy shock.Hopes for a lasting peace deal in the ...Reuters
10 hours ago
SoftBank Group - Booked Cumulative Investment Gain On OpenAI Stake Of $45 Billion At End Of March
May 13 (Reuters) - SoftBank Group Corp 9984.T:BOOKED CUMULATIVE INVESTMENT GAIN ON OPENAI STAKE OF $45 BILLION AT END OF MARCHIN APRIL 2026 BORROWINGS TOTALLING $20 BILLION WERE DRAWN DOWN PRIMARILY FOR THE INVESTMENT IN OPENAI, OF WHICH $2.5 BILLION WAS REPAID IN THE SAME MONTHSOLD $16.25 BILLION I...Reuters
10 hours ago
UK's Gamma Communications says Providence among parties in talks for potential takeover
May 13 (Reuters) - British telecom firm Gamma Communications GAMA.L said on Wednesday that private equity firm Providence Equity Partners is among parties in discussions with the company for a potential takeover. Here are some details:Talks remain at a preliminary stage, with no certainty on wh...Reuters
10 hours ago
Public Policy Holding Company Sees 2026 Reported Revenue Between $205 Million & $209 Million
May 13 (Reuters) - Public Policy Holding Company Inc PPHC.L:PUBLIC POLICY HLDG - PPHC ANNOUNCES Q1 2026 FINANCIAL RESULTSPUBLIC POLICY HOLDING COMPANY INC - SEES 2026 REPORTED REVENUE BETWEEN $205 MILLION AND $209 MILLIONPUBLIC POLICY HOLDING COMPANY INC - SEES 2026 ADJUSTED EBITDA BETWEEN $46 MILL...Reuters
10 hours ago
Afentra Says All Discussions With Potential Acquirors Have Been Terminated
May 13 (Reuters) - Afentra PLC AET.L:AFENTRA PLC - FY2025 ANNUAL RESULTS AND CORPORATE UPDATEAFENTRA PLC - CONCLUDES STRATEGIC REVIEW, NO LONGER IN OFFER PERIOD UNDER TAKEOVER CODEAFENTRA PLC: ALL DISCUSSIONS WITH POTENTIAL ACQUIRORS HAVE BEEN TERMINATEDReuters
10 hours ago
Inspecs Group Is On Track To Deliver Its Expected Results For 2026
May 13 (Reuters) - Inspecs Group PLC SPECI.L:INSPECS GROUP PLC - FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2025INSPECS GROUP PLC - WILL NOT PAY DIVIDEND FOR FY2025INSPECS GROUP PLC: ON TRACK TO DELIVER ITS EXPECTED RESULTS FOR 2026INSPECS GROUP PLC: GROUP IS ON TRACK TO DELIVER BOARD EXPECTATION...Reuters
10 hours ago
Conduit Holdings Board Approves New Buyback Programme Of Up To $50 Million
May 13 (Reuters) - Conduit Holdings Ltd CRE.L:CONDUIT HOLDINGS LTD - TRADING UPDATE FOR Q1 2026CONDUIT HOLDINGS LTD - BOARD APPROVES NEW BUYBACK PROGRAMME OF UP TO $50 MILLIONCONDUIT HOLDINGS LTD - Q1 GROSS PREMIUMS WRITTEN $430.3 MILLION, UP 4.9% YEAR-ON-YEARCONDUIT HOLDINGS LTD - Q1 REINSURANCE R...Reuters
11 hours ago
Amaroq Reiterates FY2026 Gold Production Guidance Of 25-35 Koz
May 13 (Reuters) - Amaroq Ltd AMRQ.L:Q1 2026 OPERATIONAL AND FINANCIAL RESULTSAMAROQ LTD - REITERATES FY2026 GOLD PRODUCTION GUIDANCE OF 25-35 KOZAMAROQ LTD: CONFIRMS CURRENT TRADING IN LINE WITH THIS RANGE, WITH PRODUCTION EXPECTED TO BE WEIGHTED TOWARDS SECOND HALF OF 2026Reuters
11 hours ago
Prosiebensat Q1 core profit beats estimates
May 13 (Reuters) - German broadcaster ProSiebenSat.1 Media PSMGn.DE reported first-quarter core profit above market expectations, helped by cost controls under its new owner MFE-MediaForEurope MFEB.MI. Adjusted earnings before interest, taxes, depreciation and amortization reached 44 millio...Reuters
11 hours ago
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