News
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Ryanair says summer bookings remain strong, fares holding up
By Fatos Bytyci TIRANA, Aug 14 (Reuters) - Ryanair RYA.I is seeing very strong demand across Europe and is "reasonably optimistic" of hitting its summer targets, Chief Executive Michael O'Leary said in an interview on Thursday. He also praised Boeing BA.N for agreeing to deliver some ...Reuters
Thu, Aug 14
CORRECTED-Empire Petroleum Q2 net loss widens
OverviewEmpire Q2-2025 net production up 15% from Q1-2025 to 2,357 Boe/dQ2-2025 net loss of $5.1 mln due to lower realized commodity pricesCo launched $5.0 mln Rights Offering for balance sheet optimizationOutlookEmpire expects commodity prices to trend upward over the next 4-6 quartersCompany antic...Reuters
Thu, Aug 14
Putin and Trump to meet one-on-one in Alaska, hold joint press conference, Kremlin says
MOSCOW, Aug 14 (Reuters) - Russian President Vladimir Putin and U.S. President Donald Trump will hold a joint press conference at their Alaska summit on Friday after meeting one-on-one and with delegations, Kremlin aide Yuri Ushakov said.Reuters
Thu, Aug 14
Chinese online discount retailer Vipshop's Q2 revenue, profit decline
OverviewVipshop Q2 2025 revenue falls to RMB25.8 bln ($3.6 bln) from RMB26.9 bln yr/yrNet income attributable declines to RMB1.5 bln from RMB1.9 bln yr/yrGMV rises 1.7% to RMB51.4 bln, driven by apparel and Super VIP growthOutlookCompany expects Q3 2025 revenue between RMB20.7 bln and RMB21.7 blnRes...Reuters
Thu, Aug 14
Birkenstock misses quarterly sales estimates
Aug 14 (Reuters) - Birkenstock BIRK.N missed Wall Street expectations for third-quarter revenue on Thursday, as affluent shoppers curbed spending on the German sandal maker's high-end footwear amid global economic uncertainty.The company reported quarterly revenue of 635 million euros ($741.49 m...Reuters
Thu, Aug 14
Fed's Daly says rate cut next month doesn't seem warranted, WSJ reports
Aug 14 (Reuters) - San Francisco Fed President Mary Daly has pushed back against the need for an interest rate cut of 50 basis points at the Federal Reserve's September meeting, the Wall Street Journal reported on Thursday."Fifty sounds, to me, like we see an urgent — I'm worried it woul...Reuters
Thu, Aug 14
Turkey to help Syria with weapon systems, equipment under signed MoU, source says
ANKARA, Aug 14 (Reuters) - Turkey will help Syria with the provision of weapons systems and logistical tools under a military cooperation accord signed on Wednesday, a Turkish defence Ministry source said on Thursday, adding that Ankara would also train Syria's army in the use of such equipment ...Reuters
Thu, Aug 14
Climate risk and data centres
By Rebecca DelaneyAug 14 - (The Insurer) - As the data centre boom drives stress on local water supplies and ecosystems, facilities are now themselves increasingly vulnerable to the impacts of climate change-related risks as escalating weather events raise costly business interruption (BI) exposures...Reuters
Thu, Aug 14
Preview: Dive In 2025
By Rebecca DelaneyAug 14 - (The Insurer) - As Dive In Festival prepares to mark its 11th anniversary in September, Sustainable Insurer previews this year’s event following notable shifts across public and corporate perceptions of diversity, representation and social issues over the past 12 months.Th...Reuters
Thu, Aug 14
Russian defence and finance ministers to take part in Alaska summit, RBC reports
MOSCOW, Aug 14 (Reuters) - Russian Defence Minister Andrei Belousov and Finance Minister Anton Siluanov will participate in Friday's summit in Alaska between President Vladimir Putin and U.S. President Donald Trump, the Russian news outlet RBC reported on Thursday, citing sources familiar with t...Reuters
Thu, Aug 14
Artio eyes nature-based removals pipeline as Lloyd’s startup grows project covers
By Rebecca DelaneyAug 14 - (The Insurer) - Artio co-founder and CEO Bilal Hussain explains why it is important to specialise in underwriting carbon credit insurance policies by project type rather than bifurcating between voluntary and compliance markets.Artio launched in March as a Lloyd’s startup ...Reuters
Thu, Aug 14
CFC’s Beattie: Carbon insurance market approaching 'proof point'
By Rebecca DelaneyAug 14 - (The Insurer) - As the carbon markets continue to scale and evolve, lender requirements for carbon credit projects are beginning to demonstrate the first “proof points” of insurance as a facilitator of climate capital, as the carbon insurance market also moves past the “ra...Reuters
Thu, Aug 14
Lanxess CEO Says Q3 To Be Affected By Massive Uncertainty -Conf Call
Aug 14 (Reuters) - LANXESS AG LXSG.DE:LANXESS CEO: INDUSTRIAL DEMAND AND SPECIALTY ADDITIVES SEGMENT HAVE TO FACE FIERCE COMPETITION FROM CHINA -CONF CALLLANXESS CEO: THERE'S A LOT OF PRESSURE BECAUSE CHINESE COMPANIES NO LONGER SELL THEIR PRODUCTS IN AMERICAN MARKET, INSTEAD IN EU MARKETS -CONF...Reuters
Thu, Aug 14
Soccer-Rooney says Brady questioning work ethic was unfair
Aug 14 (Reuters) - Wayne Rooney has hit back at Tom Brady after the NFL great questioned his work ethic during his brief managerial spell at second-tier English club Birmingham City, saying the criticism was "very unfair".Former New England Patriots quarterback Brady, minority owner of Birmi...Reuters
Thu, Aug 14
Chinese gaming company NetEase's Q2 revenue rises 9.4%
OverviewNetEase Q2 2025 revenue up 9.4% yr/yr to RMB27.9 blnNet income attributable for Q2 2025 rises to RMB8.6 blnNon-GAAP net income for Q2 2025 reaches RMB9.5 blnOutlookCompany focuses on product innovation and global expansionNetEase to scale original IP for lasting franchisesCompany emphasizes ...Reuters
Thu, Aug 14
Youdao Q2 revenue rises 7.2%, achieves first profitable Q2
OverviewYoudao Q2 2025 revenue rises 7.2% yr/yr to RMB 1.4 blnCompany achieves first-ever profitable Q2 with RMB 28.8 mln income from operationsRevenue from online marketing services up 23.8%, driven by gaming and overseas demandOutlookCompany aims to advance AI Native Strategy through scenario-driv...Reuters
Thu, Aug 14
Russian officials say at least 16 wounded in Ukrainian drone attacks on two cities
MOSCOW, Aug 14 (Reuters) - Ukrainian drones struck two Russian cities on Thursday in attacks that injured at least 16 people, local authorities said, a day before a U.S.-Russia summit on the war in Ukraine.Thirteen people were wounded, two seriously, when a drone struck an apartment building in the ...Reuters
Thu, Aug 14
Admiral posts record H1 profit as motor performance improves
UK motor insurance profit rises 56% to 559 million poundsLoss in European insurance business narrows to 0.6 million poundsAdmiral to sell US motor insurance business to JC FlowersBy Ryan HewlettAug 14 - (The Insurer) - Admiral’s share price jumped more than 7% on Thursday morning after the insurer r...Reuters
Thu, Aug 14
Russian special envoy Kirill Dmitriev to take part in Alaska summit, source says
MOSCOW, Aug 14 (Reuters) - Russian Special Envoy Kirill Dmitriev will participate in Friday's summit in Alaska between President Vladimir Putin and U.S. President Donald Trump, a source familiar with the matter said on Thursday.Dmitriev, who heads up Russia's RDIF sovereign wealth fund, has ...Reuters
Thu, Aug 14
Talanx reports record H1 net income of 1.37 billion euros
Net income up 25.96%, forecast raised to roughly 2.3 billion eurosLarge losses below budget, California wildfires cost 624 million eurosInsurance revenue driven by retail and corporate growth, up 5% to 24.2 billion eurosBy Michael JonesAug 14 - (The Insurer) - Talanx's net income increased almos...Reuters
Thu, Aug 14
