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Pirelli nudges up revenues forecast after cushioning Middle East impact
MILAN, May 7 (Reuters) - Italian premium tyremaker Pirelli PIRC.MI on Thursday slightly raised its revenues forecast for this year, saying it managed to contain the impact of the ongoing Middle East crisis through a series of "mitigation actions".These include price increases from the second...Reuters
Thu, May 7
Radev sets out plans for new Bulgarian government after election win
SOFIA, May 7 (Reuters) - Pro-Russian eurosceptic Rumen Radev promised on Thursday to bring down prices and restore stability in Bulgaria as he named a new cabinet after the president gave him the mandate to form a government after mass protests toppled the last one.The former fighter pilot's Pro...Reuters
Thu, May 7
Bowling alley giant Lucky Strike hit with US class action over prices, dominance
By Mike Scarcella WASHINGTON, May 7 (Reuters) - A group of bowling patrons has sued Bowlero and AMF bowling centers owner Lucky Strike Entertainment LUCK.N, alleging the company illegally drove up prices and undercut quality in a drive to dominate the U.S. bowling industry.The proposed class acti...Reuters
Thu, May 7
RPT-Airbus monthly deliveries at 67 in April
May 7 (Reuters) - Airbus AIR.PA delivered 67 aircraft in April, it said on Thursday, bringing its total for this year to 181, a 5.7% drop compared with the same period in 2025, as the European planemaker moves to step up handovers to customers after engine shortages contributed to a slower start in ...Reuters
Thu, May 7
Meta challenges UK regulator over online safety fees, fines
Meta challenges use of global revenue in UK law's fees and finesMeta says method is disproportionate, Ofcom defends the approachCase to be heard in October, trade body says it will interveneBy Sam TobinLONDON, May 7 (Reuters) - Facebook and Instagram owner Meta META.O is challenging Britain'...Reuters
Thu, May 7
International Bancshares Q1 profit up as larger loan, investment portfolios lift interest income
OverviewTexas bank holding company reported Q1 net income up 5.5% yr/yr, driven by portfolio growthDiluted EPS for Q1 rose 5.1% yr/yrCompany assets, net loans, and deposits each increased modestly from prior quarterOutlookCompany did not provide specific guidance for the current qtr or full yr in it...Reuters
Thu, May 7
Blue Owl technology debt fund made $133 mln on SpaceX stake
NEW YORK, May 7 (Reuters) - Blue Owl Capital's OWL.N publicly traded technology-focused private credit fund Blue Owl Technology Finance Corp OTF.N made proceeds of $133 million on the sale of a stake in Elon Musk's SpaceX, the fund's president said on Thursday.Reuters
Thu, May 7
BREAKINGVIEWS-Widget deal cashes in on buyout wayback machine
By Jeffrey GoldfarbNEW YORK, May 7 (Reuters Breakingviews) - Sometimes old dogs are better off sticking with old tricks. CD&R, one of the oldest dogs in private equity, shows why. Its latest deal uses successful formulas out of a weathered playbook from yesteryear.Long before buyout shops succum...Reuters
Thu, May 7
Chevron Expects Middle East Conflict To Continue To Impact Its Business
May 7 (Reuters) - Chevron Corp CVX.N:CHEVRON CORP: RECENT GEOPOLITICAL CONDITIONS IN MIDDLE EAST HAVE IMPACTED, AND EXPECTED TO CONTINUE TO IMPACT, COMPANY’S BUSINESSCHEVRON CORP: EXPECTS TO CONTINUE DELIVERY OF CRUDE OIL PRODUCED FROM ITS VENEZUELAN ASSETS TO U.S. AND TO INTERNATIONAL MARKETReuters
Thu, May 7
Euro zone bonds mixed amid Iran deal hopes, UK vote also in focus
Investors closely monitor energy pricesThe U.S. and Iran could reach a limited, temporary agreementMarkets await the outcome of UK local electionsBy Amanda Cooper and Stefano Rebaudo LONDON, May 7 (Reuters) - Euro zone government bonds were mixed on Thursday after staging their biggest rally in a...Reuters
Thu, May 7
Pope Leo, Rubio commit to stronger ties, Vatican says, amid Trump tensions
Rubio met Pope Leo at Vatican on Thursday morningTrump has repeatedly attacked Leo, first US popeLeo, Iran war critic, says he is spreading Christian messageFirst papal meeting with Trump cabinet official in nearly a yearBy Joshua McElwee VATICAN CITY, May 7 (Reuters) - Pope Leo and U.S. Secr...Reuters
Thu, May 7
Olympics-No summer sports at the 2030 Winter Olympics, says IOC
LAUSANNE, Switzerland, May 7 (Reuters) - There will be no summer sports at the 2030 Winter Olympics in the French Alps, the International Olympic Committee (IOC) said on Thursday, with any potential crossover to come after that date.The IOC has been reviewing all aspects of the Games in the past yea...Reuters
Thu, May 7
NBA Offers $3Bn Sweetener For European Basketball League Bids - FT
May 7 (Reuters) - NBA OFFERS $3BN SWEETENER FOR EUROPEAN BASKETBALL LEAGUE BIDS - FTSEVERAL BIDS FOR EUROPEAN BASKETBALL LEAGUE IN THE TARGETED $500MN TO $1BN RANGE WERE SUBMITTED, WHILE SOME EXCEEDED $1BN - FTSource text: [https://tinyurl.com/3dn44duf]Reuters
Thu, May 7
Aena Unit Gets 39.0 Mln GAP Shares In Exchange For Shareholding In AMP
May 7 (Reuters) - Aena SME SA AENA.MC:GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV (GAP) COMPLETES COMBINATION OF CBX AND TECHNICAL SERVICES BUSINESSESGAP ISSUES 89,740,731 NEW SHARES AND BUYS CONTROL OF MERGED ENTITIESAENA DESARROLLO INTERNACIONAL RECEIVES 39.0 MILLION GAP SHARES, REPRESENTING 6.55% ...Reuters
Thu, May 7
Israel, Lebanon to hold third round of talks in Washington next week, US says
WASHINGTON, May 7 (Reuters) - Representatives of Israel and Lebanon will hold their third round of talks in Washington on May 14 and 15, a U.S. State Department official said on Thursday, as the U.S. presses the two countries to reach a lasting peace agreement even as Israel continues to strike Hezb...Reuters
Thu, May 7
19 members of the WTO, including US, agree among themselves not to impose duties on e-commerce
By Olivia Le PoidevinGENEVA, May 7 (Reuters) - Nineteen members of the World Trade Organization, including the United States, agreed among themselves on Thursday not to impose duties on e-commerce - a document shows.It comes after a deadlock between Brazil and other WTO members on a lapsed global de...Reuters
Thu, May 7
United Bancorp Q1 net income rises on higher interest
OverviewU.S. regional bank's Q1 net income and EPS rose modestly yr/yrNet interest income and margin increased, aided by higher interest-earning assets and lower interest expenseCompany raised regular cash dividend and paid a special dividend in Q1OutlookCompany expects positive trends in net in...Reuters
Thu, May 7
EXPLAINER-Can Trump pull thousands of US troops out of Germany?
By Patricia Zengerle WASHINGTON, May 7 (Reuters) - President Donald Trump announced that he will withdraw 5,000 U.S. troops from Germany as a rift over the Iran war widens between the Republican's administration and NATO allies and other partners in Europe.Can the U.S. president decide on his...Reuters
Thu, May 7
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