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Taiwan carries out first torpedo test fire for domestically made submarine
TAIPEI, May 7 (Reuters) - Taiwan has carried out the maiden torpedo test firing for its first domestically developed submarine, a major milestone in a project aimed at strengthening deterrence against the Chinese navy and protecting vital sea lanes in the event of war.Taiwan, which China claims as i...Reuters
Thu, May 7
UK voters cast ballots in elections expected to deal blow to Starmer
Millions of voters cast their ballots in local, regional pollsLosses expected to pile pressure on StarmerElections could signal start of end of two-party systemBy Elizabeth Piper LONDON, May 7 (Reuters) - Millions of British voters cast their ballots on Thursday in local and regional elections th...Reuters
Thu, May 7
Burger King and Popeyes franchisee Rex Concepts debuts 3% below IPO price in Warsaw
May 7 (Reuters) - Quick-service restaurant operator Rex Concepts' REXa.WA shares fell around 3% on their market debut on Thursday, following the first initial public offering on the Warsaw Stock Exchange this year.The shares were priced at 14 zlotys each in the IPO, where Rex Concepts raised 448...Reuters
Thu, May 7
General Motors Recalling 40,440 U.S. Vehicles Over Brake Issue- NHTSA
May 7 (Reuters) - GENERAL MOTORS, LLC IS RECALLING 40,440 U.S. VEHICLES - NHTSAGENERAL MOTORS, LLC IS RECALLING SOME U.S. VEHICLES AS SEDIMENT IN BRAKE FLUID MAY REDUCE BRAKE PERFORMANCE, INCREASING THE RISK OF A CRASH.- NHTSAReuters
Thu, May 7
UK's Harbour Energy narrows up annual output forecast after strong quarter
May 7 (Reuters) - Harbour Energy HBR.L on Thursday narrowed its annual production forecast upward after a strong first-quarter performance, helped by newly acquired assets in the face of disruptions in energy prices and supply due to the Middle East war. The London-listed firm has increasingly di...Reuters
Thu, May 7
Euro zone yields head lower as optimism over Iran peace deal grows
LONDON, May 7 (Reuters) - Euro zone government bonds eased for a third day on Thursday, after staging their biggest rally in a month the previous day, as investors grew optimistic that the U.S. and Iran might soon reach a deal to end the war.Brent oil prices LCOc1, which have been a driving force fo...Reuters
Thu, May 7
ROI-UK’s Labour party should take one lesson from Trump: Mike Peacock
By Mike Peacock LONDON, May 7 (Reuters) - The bond market can be unkind to British prime ministers. The ruling Labour government - which could soon face a leadership challenge - will thus want to avoid upsetting investors at all costs. They might consider borrowing one tactic from U.S. President ...Reuters
Thu, May 7
Strix Group Expects FY26 Revenue Of £150 Mln And Adj PBT Of £9.8 Mln-£10.2 Mln
May 7 (Reuters) - Strix Group PLC KETL.L:STRIX GROUP PLC - TRADING UPDATE AND CAPITAL RETURNSTRIX GROUP PLC - EXPECTS FY26 REVENUE OF £150 MILLION AND ADJUSTED PBT OF £9.8 MILLION-£10.2 MILLIONSTRIX GROUP PLC - MARKET CONDITIONS REMAIN CHALLENGINGSTRIX GROUP PLC - IT IS DIFFICULT TO PREDICT FULL IMP...Reuters
Thu, May 7
MYCELX Technologies Says Middle East Remains Focus Market
May 7 (Reuters) - MYCELX Technologies Corp MYXM.L:MYCELX TECH. CORP. MYCELX TECH. CP-MYXR - FINAL RESULTS FOR THE YEAR ENDING 31 DECEMBER 2025MYCELX TECHNOLOGIES: MIDDLE EAST REMAINS FOCUS MARKET, TOO EARLY TO GAUGE IMPACT ON BUSINESS IN 2026Reuters
Thu, May 7
Solvay expects Saudi peroxide joint venture to restart within months
May 7 (Reuters) - Solvay SOLB.BR expects its peroxide unit in Saudi Arabia to restart within the next few months, CEO Philippe Kehren said in a press call on Thursday, adding that such a timeline would keep the chemicals group within its existing guidance.Kehren said the unit is located on a larger ...Reuters
Thu, May 7
MHA Remains Confident In Group's Prospects For Current Financial Year
May 7 (Reuters) - MHA PLC MHA.L:MHA PLC - TRADING UPDATEMHA PLC - REMAINS CONFIDENT IN GROUP'S PROSPECTS FOR CURRENT FINANCIAL YEARMHA PLC - REMAINS CONFIDENT IN DELIVERY OF ITS MEDIUM-TERM AMBITION OF GENERATING ANNUAL REVENUES IN EXCESS OF £500 MILLIONMHA PLC - FY26 GROUP REVENUE UP 12% TO ABO...Reuters
Thu, May 7
Tritax Big Box Remains Confident In Ambition To Grow Adjusted Earnings By 50% By 2030
May 7 (Reuters) - Tritax Big Box Reit PLC BBOXT.L:TRITAX BIG BOX: 6-8% YIELD ON COST GUIDANCE FOR 2026 DEVELOPMENT STARTSTRITAX BIG BOX: CONSISTENT WITH OUR GUIDANCE, WE ARE PROGRESSING A REDUCTION IN OUR LOAN-TO-VALUE FROM 33.2% REPORTED IN DECEMBER 2025TRITAX BIG BOX: REMAIN CONFIDENT IN OUR AMBIT...Reuters
Thu, May 7
Uniphar Targets EUR 200 Million EBITDA By 2028 With At Least 80% Organic Growth
May 7 (Reuters) - Uniphar PLC UPR.I:UNIPHAR PLC - TARGETS €200 MILLION EBITDA BY 2028 WITH AT LEAST 80% ORGANIC GROWTHUNIPHAR PLC: REAFFIRMS ORGANIC GROSS PROFIT GROWTH GUIDANCE ACROSS ALL DIVISIONS FOR FYReuters
Thu, May 7
Petrotal Maintains 2026 Hedges On 0.9 Mln Barrels Fair Value Negative $11 Mln As Of April 21
May 7 (Reuters) - Petrotal Corp TAL.TO:PETROTAL CORP. - Q1 2026 FINANCIAL AND OPERATING RESULTSPETROTAL CORP - MAINTAINS 2026 HEDGES ON 0.9 MILLION BARRELS; FAIR VALUE NEGATIVE $11 MILLION AS OF APRIL 21PETROTAL CORP - 2026 ADJUSTED EBITDA GUIDANCE RAISED TO $110-120 MILLION FROM $30-40 MILLIONPETR...Reuters
Thu, May 7
UK's Harbour Energy narrows annual output forecast upward
May 7 (Reuters) - London-listed Harbour Energy HBR.L on Thursday narrowed its annual production forecast upward after a strong first-quarter performance helped by newly acquired assets in the face of disruptions in energy prices and supply due to the Middle East war.Reuters
Thu, May 7
Morgan Advanced Materials Says Q1 Trading Was In Line With Expectations
May 7 (Reuters) - Morgan Advanced Materials PLC MGAMM.L:MORGAN ADVANCED MATERIALS: FULL-YEAR GUIDANCE MAINTAINEDMORGAN ADVANCED MATERIALS: HAVE NOT OBSERVED ANY MATERIAL DIRECT OR INDIRECT TRADING IMPACT FROM CONFLICT IN MIDDLE EAST IN Q1MORGAN ADVANCED MATERIALS: RESPONDING TO MIDDLE EAST CONFLIC...Reuters
Thu, May 7
India Financial Services Secy Says Anthropic's New AI Model Has Raised Global Cybersecurity Concerns
May 7 (Reuters) - India Dept Of Financial Services Secretary:INDIA FINANCIAL SERVICES SECY: ANTHROPIC'S NEW AI MODEL HAS RAISED GLOBAL CYBERSECURITY CONCERNS, AND GLOBAL REGULATORS ON BANKING RISKSReuters
Thu, May 7
Hiscox Says Exposure To Middle Eastern Corporates And Government Bonds Is Minimal
May 7 (Reuters) - Hiscox Ltd HSX.L:HISCOX - Q1 2026 TRADING STATEMENTHISCOX - Q1 GROUP INSURANCE CONTRACT WRITTEN PREMIUMS INCREASED BY 10.2% TO $1,717.1 MILLIONHISCOX - LOSS EXPERIENCE IN Q1 WITHIN EXPECTATIONS AS BENIGN NATURAL CATASTROPHE ENVIRONMENT OFFSET IMPACT OF THE MIDDLE EAST CONFLICT IN P...Reuters
Thu, May 7
M&G Says Confident Outlook For 2026 Across Asset Management & Life
May 7 (Reuters) - M&G PLC MNG.L:M&G PLC Q1 2026 TRADING UPDATECONFIDENT OUTLOOK FOR 2026 ACROSS ASSET MANAGEMENT AND LIFE£0.6BN NET INFLOWS FROM OPEN BUSINESS, UP YEAR-ON-YEARREPORTS AUMA OF £371 BILLION AS AT 31 MARCH 2026Reuters
Thu, May 7
UK's BAE Systems confident on growth as security threats rise
LONDON, May 7 (Reuters) - BAE Systems BAES.L said on Thursday it was on track to meet forecasts for earnings growth of 9% to 11% this year, as the Iran war kept orders flowing into Britain's biggest defence contractor. The company, which makes Typhoon fighter jets, nuclear submarines and warshi...Reuters
Thu, May 7
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