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American Riviera Bank Q4 profit doubles on higher loan growth, margins
OverviewCalifornia community bank's Q4 net income rose 125% yr/yrTotal deposits increased 7.8% yr/yr to $1.20 blnNet interest margin improved to 3.81% in Q4 2025OutlookCompany did not provide specific guidance for future quarters or yearResult DriversLOAN AND DEPOSIT GROWTH - Co achieved over $9...
Reuters
Thu, Jan 29
China vows to develop space tourism, explore deep space as it races US
China's plans for space tourism signal a shift in space ambitionsChina, US competing to commercialise space exploration through reusable rocket technologyChina's new spaceflight academy aims to foster talent for deep space explorationBy Laurie Chen BEIJING, Jan 29 (Reuters) - China's ...
Reuters
Thu, Jan 29
Car slams into entrance of New York City synagogue, no injuries reported
By Kanishka Singh Jan 28 (Reuters) - A car slammed into the entrance of the headquarters of a Jewish religious order in New York City on Wednesday in an incident that police said they were investigating as a hate crime.No injuries were reported from the incident at the Chabad Lubavitch World Head...
Reuters
Thu, Jan 29
Hyundai Motor reports 40% slump in Q4 operating profit
SEOUL, Jan 29 (Reuters) - Hyundai Motor 005380.KS on Thursday reported a 40% fall in fourth-quarter operating profit versus a year earlier, as U.S. tariffs offset the positive impact of a weaker South Korean currency.Hyundai, which together with affiliate Kia 000270.KS is the world's third-bigge...
Reuters
Thu, Jan 29
Bucher Industries Says FY Order Intake CHF 2,883 Million
Jan 29 (Reuters) - Bucher Industries AG BUCN.S:FINANCIAL YEAR 2025: BUCHER WITH INCREASED ORDER INTAKE DESPITE ECONOMIC POLICY UNCERTAINTIESBUCHER INDUSTRIES AG - FY ORDER BOOK CHF 1,120 MILLIONBUCHER INDUSTRIES AG - FY ORDER INTAKE CHF 2,883 MILLIONBUCHER INDUSTRIES AG - FY NET SALES CHF 2,914 MILL...
Reuters
Thu, Jan 29
Sap Q4 Adjusted EPS At EUR 1.62
Jan 29 (Reuters) - SAP SE SAPG.DE:Q4 CLOUD REVENUE EUR 5,610 MILLIONQ4 EBIT EUR 2,554 MILLIONQ4 ADJUSTED FREE CASH FLOW EUR 1,034 MILLIONQ4 EBIT MARGIN 26.4%Q4 ADJUSTED EPS EUR 1.62Q4 ADJUSTED EBIT EUR 2,829 MILLION VERSUS. IBES ESTIMATE EUR 2,743 MILLIONANNOUNCES A NEW, TWO-YEAR SHARE REPURCHASE PR...
Reuters
Thu, Jan 29
BREAKINGVIEWS-Prediction hubs make for pricey Wall Street wager
By Pranav KiranTORONTO, Jan 29 (Reuters Breakingviews) - Predictions are hard, except about the predictions market. Venues enticing punters to wager on their prognosticative prowess, like Kalshi and Polymarket, are enjoying surging momentum. As they grow, titans of old finance, including NYSE owner...
Reuters
Thu, Jan 29
Mattel builds He-Man movie buzz with new action figures
NUREMBERG, Germany, Jan 29 (Reuters) - Mattel MAT.O launched a new line of action figures on Thursday for its upcoming live-action movie "Masters of the Universe", aiming to repeat the success of its 2023 smash hit "Barbie".The toymaker has more than a dozen movies in development as ...
Reuters
Thu, Jan 29
PRESS DIGEST- Financial Times - January 29
Jan 29 (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- Metro Bank launches third redundancy round in three years- Talks with US over Chagos Islands deal have reopened, confirms Keir Starmer-...
Reuters
Thu, Jan 29
INSIGHT-How activist investors turned a Toyota buyout into a battleground
Elliott opposes Toyota's buyout offer for TICO, claims undervaluationToyota defends offer, cites intrincis value and fairnessOutcome may set precedent for Japanese dealmakingBy Maki Shiraki, Daniel Leussink, David Dolan and Anton Bridge TOKYO, Jan 29 (Reuters) - Toyota's plan to take an a...
Reuters
Thu, Jan 29
US banking giants to match government contribution to Trump Accounts
By Manya Saini and Lananh Nguyen Jan 28 (Reuters) - Bank of America BAC.N and Wells Fargo WFC.N will match the U.S. government's initial $1,000 contribution to the proposed Trump Accounts for eligible employees' families, according to internal memos seen by Reuters on Wednesday.The Trump ...
Reuters
Thu, Jan 29
Trump, Schumer move towards deal to avert US government shutdown, NYT says
Jan 28 (Reuters) - U.S. President Donald Trump and Democratic Senator Chuck Schumer moved on Wednesday night to reach a possible agreement to negotiate new restrictions on federal immigration agents, the New York Times reported on Wednesday, citing officials familiar with the matter. Reuters could n...
Reuters
Thu, Jan 29
Insurance platform Ethos Technologies, backers raise about $200 million in US IPO
Jan 28 (Reuters) - Ethos Technologies and some of its shareholders raised about $200 million in a U.S. initial public offering, the insurance platform said on Wednesday.The company and the selling shareholders sold 10.5 million shares at $19 apiece, the midpoint of its targeted range of $18 to $20 a...
Reuters
Thu, Jan 29
Singapore's GIC, Sony Music partner to buy music catalogs
Jan 29 (Reuters) - Singapore's sovereign wealth fund GIC has partnered with Sony Music Group to acquire music catalog assets, the parties said on Thursday. The statement said the partnership will combine the operational capabilities of Sony Music Group, the music arm of Japanese conglomera...
Reuters
Thu, Jan 29
Xsolla Spac 1 Announces Pricing Of $200 Million IPO At $10.00 Per Unit
Jan 28 (Reuters) - XSOLLA SPAC 1 ANNOUNCES PRICING OF $200,000,000 INITIAL PUBLIC OFFERINGXSOLLA SPAC 1 - PRICING OF ITS INITIAL PUBLIC OFFERING OF 20 MLN UNITS AT AN OFFERING PRICE OF $10.00 PER UNIT
Reuters
Thu, Jan 29
Insurance platform Ethos Technologies, backers raise about $200 million in US IPO
Jan 28 (Reuters) - Insurance platform Ethos Technologies said on Wednesday it had raised about $200 million in its U.S. initial public offering.
Reuters
Thu, Jan 29
Ethos Says IPO Of 10.5 Million Shares At Price Of $19.00 Per Share
Jan 28 (Reuters) - ETHOS ANNOUNCES PRICING OF INITIAL PUBLIC OFFERINGETHOS- INITIAL PUBLIC OFFERING PRICE OF $19.00 PER SHAREETHOS- PRICING OF INITIAL PUBLIC OFFERING OF 10.5 MILLION SHARES OF CLASS A COMMON STOCK AT AN INITIAL PUBLIC OFFERING PRICE OF $19.00 PER SHARE
Reuters
Thu, Jan 29
PRESS DIGEST-British Business - January 29
Jan 29 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The struggling British fashion brand LK Bennett has been bought out of administration by U.S. rest...
Reuters
Thu, Jan 29
NFL-Trump leads defence of Belichick after reported Hall of Fame snub
Jan 28 (Reuters) - U.S. President Donald Trump joined a chorus of disbelief after reports that Bill Belichick, widely considered the greatest coach in NFL history, was denied first-ballot induction into the Pro Football Hall of Fame.Belichick, who won six Super Bowl titles as head coach of the New E...
Reuters
Thu, Jan 29
EXCLUSIVE-ICE officers in Minnesota directed not to interact with 'agitators' in new orders
Guidance bars communication with 'agitators' during operationsOfficers to target only immigrants with criminal charges or convictionsTrump says he wants to de-escalate tension after fatal shootings By Kristina Cooke and Ted Hesson WASHINGTON, Jan 28 (Reuters) - ICE officers in Minnesota w...
Reuters
Thu, Jan 29
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