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Activist Converium pushes UK's CVS to improve performance, FT reports
May 13 (Reuters) - British veterinary care group CVS CVSG.L is facing pressure from activist hedge fund Converium Capital to improve its performance after competition regulators concluded a probe into high prices in the sector, the Financial Times reported on Wednesday.The UK's Competition and M...Reuters
16 hours ago
PRESS DIGEST -Wall Street Journal - May 13
May 13 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. FDA Commissioner Marty Makary resigned, U.S. President Donald Trump said on Tuesday, after weeks of clashing with top White House and h...Reuters
16 hours ago
Prosiebensat beats profit expectations
May 13 (Reuters) - German media group ProSiebenSat.1 Media PSMGn.DE on Wednesday reported first-quarter core profit above expectations, citing its focus on cost management.The company, controlled by Italy's MFE MFEB.MI after a 2025 acquisition, said its adjusted earnings before interest, taxes, ...Reuters
16 hours ago
Flex LNG Q1 revenue falls amid seasonal market low, raises full-year outlook
OverviewBermuda LNG shipper's Q1 revenue and adjusted EPS declined sequentially amid seasonal market lowsCompany raised FY2026 guidance for revenue, TCE rate, and adjusted EBITDA after market reboundFlex LNG declared a quarterly dividend of $0.75 per share, its 19th consecutive ordinary payoutOu...Reuters
16 hours ago
Israel web platform Wix's Q1 revenue rises 14%, slightly misses estimates
OverviewIsrael web platform's Q1 revenue rose 14% yr/yr, slightly missing analyst expectationsQ1 bookings grew 15% yr/yr, driven by strong new user cohort and Base44 momentumCompany repurchased about 30% of shares in $1.6 bln tender offer in AprilOutlookWix.com expects Q2 revenue to grow at mid-...Reuters
16 hours ago
Japan megabanks to gain access to Anthropic's Mythos in about two weeks, source says
By Takaya YamaguchiTOKYO, May 13 (Reuters) - Japan's three largest banks are expected to gain access to Mythos, the artificial intelligence model developed by Anthropic, in about two weeks, a person with direct knowledge of the matter said. Mythos is viewed by cybersecurity experts as posing sig...Reuters
16 hours ago
InPost beats core profit expectations in Q1 despite Yodel consolidation costs
May 13 (Reuters) - Parcel locker company InPost INPST.AS, target of a takeover offer by a FedEx- and Advent-led consortium, on Wednesday reported a 4% fall in its first-quarter core profit but beat market expectations, boosted by continued growth in Poland and the euro zone.Adjusted earnings before ...Reuters
16 hours ago
Wix.Com Says Q1 2026 Non-GAAP Net Income $0.68 Diluted Per Share
May 13 (Reuters) - Wix.Com Ltd WIX.O:WIX REPORTS FIRST QUARTER 2026 RESULTSWIX.COM LTD - Q1 2026 BOOKINGS $585 MILLION, UP 15%; REVENUE $541 MILLION, UP 14%WIX.COM LTD - Q1 2026 NON-GAAP NET INCOME $0.68 DILUTED PER SHAREWIX.COM LTD: MAINTAINING PREVIOUS FULL YEAR 2026 OUTLOOKReuters
16 hours ago
China's fishing fleet raises concerns off Argentina
Size of China squid fishing fleet off Argentina has increased sharplyArgentina fears overfishing outside its waters, discussed suspicions of intelligence gathering with U.S. China says such allegations are speculative and that it is a responsible fishing nationBy Leila Miller and Farah Master BU...Reuters
16 hours ago
Deutsche Telekom raises 2026 guidance on T-Mobile gains
May 13 (Reuters) - Deutsche Telekom DTEGn.DE raised its full-year outlook on Wednesday, echoing the stronger guidance given by its U.S. subsidiary T-Mobile TMUS.O.The German-based telecoms operator expects its adjusted earnings before interest, taxes, depreciation and amortization after leases (EBIT...Reuters
16 hours ago
Fluence Energy Prices 20 Mln Class A Shares By Controlling Stockholders At $21/Share
May 13 (Reuters) - Fluence Energy Inc FLNC.O:FLUENCE ANNOUNCES PRICING OF SECONDARY OFFERING OF CLASS A COMMON STOCK BY EXISTING CONTROLLING STOCKHOLDERSFLUENCE ENERGY INC - PRICES 20 MILLION CLASS A SHARES BY CONTROLLING STOCKHOLDERS AT $21.00 PER SHAREReuters
17 hours ago
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
17 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
17 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
17 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
17 hours ago
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