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REFILE-Motor racing-As Formula One evolves, AI becomes part of the race
AI spurs efficiency on and off the track Eight AI partnerships signed in last six months F1 returned at Miami after no races in April By Streisand Neto LONDON, May 4 (Reuters) - Artificial Intelligence’s integration into Liberty Media-owned Formula One and its 11 teams has been noticeable on- an...
Reuters
Mon, May 4
Norwegian Cruise Line's Q1 revenue misses estimates
OverviewUS cruise operator's Q1 revenue rose 10% yr/yr but missed analyst expectationsAdjusted EPS for Q1 more than doubled and beat analyst expectationsCompany lowered 2026 adjusted EPS guidance due to Middle East disruptions and softer demandOutlookNorwegian lowered 2026 full-year Adjusted EPS...
Reuters
Mon, May 4
US denies Iranian missiles hit warship, Axios reporter says
May 4 (Reuters) - A senior U.S. official denied that a U.S. ship was hit by Iranian missiles, Axios journalist Barak Ravid said on Monday, after Iran's Fars news agency earlier said two missiles had hit a U.S. warship after ignoring Iranian warnings.
Reuters
Mon, May 4
Drugmaker Odyssey Therapeutics aims to raise $238.3 million in US IPO
May 4 (Reuters) - Biopharmaceutical company Odyssey Therapeutics said on Monday it was targeting to raise as much as $238.3 million in its initial public offering in the United States.
Reuters
Mon, May 4
Norwegian Cruise Line cuts annual profit forecast
May 4 (Reuters) - Norwegian Cruise Line Holdings NCLH.N cut its annual profit forecast on Monday, as the cruise operator battles surging fuel costs linked to ongoing tensions in the Middle East, as well as tepid demand for its sea voyages.The company expects adjusted profit for fiscal 2026 to be bet...
Reuters
Mon, May 4
Moody's lifts Vietnam outlook to 'positive', affirms Ba2 rating
May 4 (Reuters) - Ratings agency Moody's improved its outlook on Vietnam to "positive" from "stable" on Monday, citing rising confidence in the country's ability to strengthen its credit profile over the medium term.The agency, which affirmed its Ba2 rating, said Vietnam'...
Reuters
Mon, May 4
Emergency medical services firm GMR aims to raise $797.9 million in US IPO
May 4 (Reuters) - Private equity-backed emergency medical services firm GMR Solutions said on Monday it was aiming to raise as much as $797.9 million in its initial public offering in the U.S.
Reuters
Mon, May 4
Loews Q1 net income falls 9% as CNA results weaken
OverviewU.S. diversified conglomerate's Q1 net income declined yr/yr, revenue rose slightlyNet income fell due to lower CNA Financial results, partly offset by gains at Boardwalk and HotelsCompany repurchased 0.3 mln shares for $31 mln in Q1OutlookLoews did not provide specific guidance or forec...
Reuters
Mon, May 4
CNA Financial's Q1 profit declines on weaker underwriting
OverviewU.S. commercial insurer's Q1 net and core income declined yr/yrCore EPS for Q1 fell to $0.83 from $1.03 last yearLower underwriting results and unfavorable prior period development weighed on earningsOutlookCNA Financial says it will prioritize underwriting discipline for the rest of the...
Reuters
Mon, May 4
Amazon opens up its logistics network to other businesses
May 4 (Reuters) - Amazon.com AMZN.O said on Monday it was rolling out "Amazon Supply Chain Services", opening up its logistics network for other businesses to use.The company said businesses of all types and sizes can now move, store and deliver everything from raw materials to final product...
Reuters
Mon, May 4
Moody's lifts Vietnam outlook to 'positive', affirms Ba2 rating
May 4 (Reuters) - Ratings agency Moody's improved its outlook on Vietnam to "positive" from "stable" on Monday, citing rising confidence in the country's ability to strengthen its credit profile over the medium term, and affirmed its Ba2 rating.
Reuters
Mon, May 4
ANALYSIS- Cost gap drives some US borrowers from private credit to bank-led syndicated loans
Syndicated loans now about 200 basis points cheaper than private credit for risky borrowersBanks are in talks with borrowers on tapping syndicated loan market Private market dislocation saw some funds withdrawing from recent EA loan deal -sourceBy Saeed Azhar and Matt Tracy NEW YORK, May 4 (Reut...
Reuters
Mon, May 4
INSIGHT-Warned off vaccine actions, Kennedy seeks quick health wins ahead of midterms
New initiatives could include approvals for childhood disease treatments, sources sayWhite House told Kennedy one final vaccine action in January, then no moreRecent staffing changes at health department aim to align agency with Trump’s agendaPollsters warn Kennedy’s vaccine stance may hinder GOP de...
Reuters
Mon, May 4
Britney Spears DUI case goes to court on Monday
Spears charged with DUI after erratic driving, arrest by California Highway PatrolVentura County District Attorney offers plea deal for reckless driving with probation Spears is not required to attend court hearingBy Lisa Richwine LOS ANGELES, May 4 (Reuters) - Lawyers for musician Britney Spears...
Reuters
Mon, May 4
New Mexico seeks changes to Meta platforms in youth harm trial
Judge to decide if Meta created public nuisance under New Mexico lawAttorney General Raúl Torrez seeks billions in damages and major platform changesMeta argues safety measures exist, disputes link to youth mental health issuesBy Diana Novak Jones May 4 (Reuters) - A trial is slated to begin in N...
Reuters
Mon, May 4
Moody's Ratings Changes Vietnam's Outlook To Positive From Stable; Affirms Ba2 Ratings
May 4 (Reuters) - Moody's:MOODY'S RATINGS CHANGES VIETNAM'S OUTLOOK TO POSITIVE FROM STABLE; AFFIRMS BA2 RATINGSMOODY'S: OUTLOOK CHANGE REFLECTS RISING CONFIDENCE IN VIETNAM'S CAPACITY TO STRENGTHEN ITS CREDIT PROFILE OVER MEDIUM TERMMOODY'S: VIETNAM'S ECONOMIC COMPETITIV...
Reuters
Mon, May 4
Italian brake maker Brembo starts large-scale production of Sensify system
May 4 - Italian premium brake maker Brembo BRBI.MI on Monday said its intelligent braking platform Sensify was entering large-scale production to supply a leading global manufacturer.Brembo said it had also recently signed other contracts with new customers for its Sensify system and expected to equ...
Reuters
Mon, May 4
Kalshi Announces Steps To Keep Kids Off Prediction Market - Axios
May 4 (Reuters) - KALSHI ANNOUNCES STEPS TO KEEP KIDS OFF PREDICTION MARKET - AXIOSSource text: [https://tinyurl.com/3h4rzemt]Further company coverage: [ ]
Reuters
Mon, May 4
Strait Of Hormuz Transit Currently Impossible, Hapag-Lloyd Says
May 4 (Reuters) - Hapag-Lloyd spokesperson:RISK ASSESSMENT REMAINS UNCHANGEDTRANSIT THROUGH STRAIT OF HORMUZ IMPOSSIBLE FOR HAPAG-LLOYD VESSELSHAVE NOT YET RECEIVED SUFFICIENT OPERATIONAL CLARITY REGARDING SECURE TRANSIT PROCEDUREFOUR HAPAG-LLOYD VESSELS REMAIN IN GULFCREWS ON REMAINING SHIPS ARE OK...
Reuters
Mon, May 4
Russian court freezes assets of Rusagro billionaire founder Moshkovich, Ifx reports
MOSCOW, May 4 (Reuters) - A Russian court has frozen the assets of Vadim Moshkovich, the billionaire founder of leading agricultural producer Rusagro RAGR.SBX, who is accused of embezzlement, the Interfax news agency reported on Monday.The court's decision concerned all the shares of Rusagro, ow...
Reuters
Mon, May 4
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