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Ukraine's Kyivstar lifts revenues, core profit outlook
May 13 (Reuters) - Ukraine's biggest telecom operator Kyivstar KYIV.O on Wednesday raised its annual outlook after stronger digital-services growth and steady demand for mobile and broadband services helped it outperform its earlier forecast despite the war with Russia.The company said it now ex...
Reuters
15 hours ago
PRESS DIGEST-New York Times business news - May 13
May 13 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Marty Makary, the commissioner of the Food and Drug Administration, resigned on Tuesday after weeks of pressure and rumors th...
Reuters
15 hours ago
Veon lifts 2026 forecasts as digital revenue jumps 58% in first quarter
May 13 (Reuters) - Dubai-based telecoms group Veon VEON.O on Wednesday raised its 2026 revenue growth forecast to between 11% and 14% in U.S. dollar terms, up from a previous range of 9% to 12%, after it reported a 17% jump in first-quarter revenue to $1.2 billion.The group's earnings before int...
Reuters
15 hours ago
VEON Says Revising Up Its Revenue Growth Guidance For 2026 To 11-14% Yoy In Usd Terms While Maintaining Ebitda Growth Guidance Of 7-10%
May 13 (Reuters) - VEON Ltd VEON-RX.MM:VEON DELIVERS STRONG START TO 2026 | 1Q26: REVENUE +17.0%, EBITDA +17.7%, DIGITAL SURGES +57.7% TO 25.2% OF TOTAL REVENUEVEON LTD - REVISING UP ITS REVENUE GROWTH GUIDANCE FOR 2026 TO 11-14% YOY IN USD TERMS WHILE MAINTAINING EBITDA GROWTH GUIDANCE OF 7-10%
Reuters
15 hours ago
Mirum Pharmaceuticals Prices $600.0 Million Convertible Senior Notes Offering
May 13 (Reuters) - Mirum Pharmaceuticals Inc MIRM.O:MIRUM PHARMACEUTICALS PRICES $600.0 MILLION CONVERTIBLE SENIOR NOTES OFFERING; REFINANCES A PORTION OF 2029 CONVERTIBLE NOTES
Reuters
15 hours ago
Amazon’s Panos Panay says "We're not necessarily going after a phone"- FT
-- Source link: https://tinyurl.com/2743cnnb-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
15 hours ago
Jeff Bezos’S Blue Origin Weighs First External Fundraising- FT
May 13 (Reuters) - JEFF BEZOS’S BLUE ORIGIN WEIGHS FIRST EXTERNAL FUNDRAISING- FTSource text: https://tinyurl.com/3s668nt8
Reuters
15 hours ago
Kyivstar Group Says Q1 Total Revenue Increased 26.6% YoY To $323 Million
May 13 (Reuters) - Kyivstar Group Ltd KYIV.O:KYIVSTAR GROUP LTD - Q1 TOTAL REVENUE INCREASES 26.6% YOY TO $323 MILLIONKYIVSTAR GROUP LTD: Q1 EARNINGS PER SHARE OF USD 0.37.
Reuters
16 hours ago
Japan's megabanks set to access Anthropic's Mythos as soon as this month, Nikkei says
By Anton Bridge TOKYO, May 13 (Reuters) - Japan's three largest banks are set to acquire access to Mythos, the artificial intelligence model developed by Anthropic, as soon as the end of May, the Nikkei business daily reported on Wednesday. The banking arms of Mitsubishi UFJ Financial Group 8...
Reuters
16 hours ago
JPMorgan to reshuffle investment bank chiefs on wider overhaul, FT reports
May 12 (Reuters) - JPMorgan Chase JPM.N is set to reshuffle senior roles in its investment bank as part of a wider reorganization, the Financial Times reported on Tuesday, citing people familiar with the matter.As part of the reshuffle, coverage chief Dorothee Blessing, global head of capital market...
Reuters
16 hours ago
MSCI's removal of 6 firms a result of Indonesia's market reforms, regulator says
JAKARTA, May 13 - MSCI's removal of six Indonesian companies from the domestic global standard index is a short-term consequence of the country's ongoing market reforms, Hasan Fawzi, an official at Indonesia's Financial Services Authority, said on Wednesday.MSCI removed six Indonesian co...
Reuters
16 hours ago
JPMorgan Set To Reshuffle Investment Bank Chiefs Amid Wider Shake-Up - FT
May 12 (Reuters) - JPMORGAN SET TO RESHUFFLE INVESTMENT BANK CHIEFS AMID WIDER SHAKE-UP - FTDOROTHEE BLESSING, KEVIN FOLEY AND JARED KAYE EXPECTED TO BECOME CO-HEADS OF JPMORGAN'S GLOBAL INVESTMENT BANKING - FTSource text: https://tinyurl.com/52ej44w3
Reuters
16 hours ago
Fugitive financier Jho Low should not be pardoned, head of Malaysia's 1MDB taskforce says
KUALA LUMPUR, May 13 (Reuters) - Fugitive Malaysian financier Low Taek Jho, a central figure in the multibillion-dollar scandal at state fund 1Malaysia Development Berhad (1MDB), should not be pardoned, the chairman of the 1MDB taskforce said on Wednesday, after a report said Low was seeking clemenc...
Reuters
16 hours ago
Trump says he will ask Xi to 'open up' China
May 12 (Reuters) - U.S. President Donald Trump said late on Tuesday he will ask Chinese President Xi Jinping to "open up" China during his summit with the leader, as CEOs from several U.S. companies accompany him during his visit.
Reuters
16 hours ago
Red Cat Announces Pricing Of Public Offering Of Common Stock
May 12 (Reuters) - Red Cat Holdings Inc RCAT.O:RED CAT ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCKRED CAT HOLDINGS INC - PRICES UNDERWRITTEN PUBLIC OFFERING AT $9.40 PER SHARE
Reuters
16 hours ago
US ICE official who worked at private prison firm will be agency's new acting head
ICE has been at the heart of Trump's immigration crackdownCurrent acting ICE head, Todd Lyons, leaves on May 31Trump's crackdown has been condemned by human rights groupsBy Kanishka Singh WASHINGTON, May 12 (Reuters) - U.S. President Donald Trump's administration said on Tuesday that ...
Reuters
17 hours ago
PRESS DIGEST-Financial Times - May 13
May 13 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- Scottish Mortgage defends $1.25 trillion SpaceX valuation ahead of IPO - Hayek family defeats activist investor’s latest push t...
Reuters
17 hours ago
China's Pop Mart warns of 2026 profit margin pressure from higher costs
SHANGHAI, May 13 (Reuters) - China's Pop Mart 9992.HK said on Wednesday its overall profit margin in 2026 would fall an annual 0.5% due to higher production costs for new products driven by rising raw material prices.Fuel prices will also weigh on the international business's gross profit, t...
Reuters
17 hours ago
Tennessee Democrats stripped of House committee seats over redistricting protests
By Steve GormanMay 12 (Reuters) - The Republican speaker of Tennessee's House of Representatives on Tuesday stripped Democratic lawmakers of all committee assignments as punishment for their role in boisterous protests during last week's special session on redistricting.The move came five da...
Reuters
17 hours ago
CORRECTED-Lawsuit seeks to halt Trump’s makeover of Lincoln Memorial reflecting pool
By Jan Wolfe May 11 (Reuters) - A nonprofit on Monday filed a lawsuit seeking to halt President Donald Trump's ongoing renovation to the Lincoln Memorial's reflecting pool, the latest in a string of court challenges to the former real estate developer's efforts to remake Washington la...
Reuters
17 hours ago
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