News
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Applovin Is In Talks To Sell Its Gaming Unit To Tripledot Studios In A $900 Million Deal-Business Insider
March 5 (Reuters) - Applovin Corp APP.O:ADTECH DARLING APPLOVIN IS IN TALKS TO SELL ITS GAMING UNIT TO TRIPLEDOT STUDIOS IN A $900 MILLION DEAL-BUSINESS INSIDERSource text: https://tinyurl.com/yvzp86uxReuters
Wed, Mar 5
French fiscal woes crimp Macron's defence spending plans
Macron wants to raise defence spending to 3-3.5% of GDPFrance's defence budget is currently 2% of GDP Outsized budget deficit leaves little room to manoeuvreBy Leigh Thomas PARIS, March 5 (Reuters) - President Emmanuel Macron wants to build up French defence spending as Washington threatens t...Reuters
Wed, Mar 5
Ford Motor Company Is Recalling 18,648 U.S. Vehicles - Nhtsa
March 5 (Reuters) - Ford Motor Co F.N:FORD MOTOR COMPANY IS RECALLING 18,648 U.S. VEHICLES - NHTSAFORD MOTOR COMPANY IS RECALLING SOME U.S. VEHICLES AS A LOSS OF DRIVE POWER INCREASES THE RISK OF A CRASH. IN ADDITION, A DISCONNECTED HALF SHAFT CAN RESULT IN A VEHICLE ROLLAWAY IF THE PARKING BRAKE I...Reuters
Wed, Mar 5
Airmic captives survey highlights UK market opportunity
By Rebecca DelaneyMarch 4 - (The Insurer) - Airmic has described the UK government's captive consultation as a "logical development" for the London market, with the association's latest survey showing that captive interest is now more than just a "passing response" to market ...Reuters
Wed, Mar 5
UK competition regulator clears $35 billion Synopsys-Ansys deal
March 5 (Reuters) - Britain's competition regulator on Wednesday cleared chip-design-software maker Synopsys' $35 billion deal to buy Ansys after accepting certain remedies from the companies. The regulator said it would not refer the proposed acquisition to ...Reuters
Wed, Mar 5
French insurer SCOR narrowly avoids yearly loss helped by P&C business
Strong Q4 profit keeps annual result in the blackAnnual profit at 4 million euros vs 812 million euros in 2023Sees no growth in US for life & health businessProposes dividend of 1.80 euro/shareBy Mateusz Rabiega and Jakob Van Calster March 5 (Reuters) - Reinsurance company SCOR SCOR.PA narrow...Reuters
Wed, Mar 5
Emirates airline to spend $5 billion on refitting aircraft, president says
By Rachel More BERLIN, March 5 (Reuters) - Dubai-based carrier Emirates will spend around 5 billion dollars on refitting 220 of its aircraft in order to sustain its network, President Tim Clark said on Wednesday, as the industry struggles with delivery delays for newer jets. "We have no c...Reuters
Wed, Mar 5
Kremlin says Zelenskiy's letter to Trump on readiness to negotiate is positive
MOSCOW, March 5 (Reuters) - Russia welcomes Ukrainian President Volodymyr Zelenskiy's statement that Kyiv is willing to negotiate over the war, but it is not yet clear to Moscow who it might be negotiating with, the Kremlin said on Wednesday.Zelenskiy made the statement in a letter to U.S. Presi...Reuters
Wed, Mar 5
UK competition regulator clears $35 billion Synopsys-Ansys deal
March 5 (Reuters) - Britain's competition regulator said on Wednesday it would not refer chip design software maker Synopsys' $35 billion acquisition of Ansys to an in-depth phase-2 probe after accepting remedies from the firms.Reuters
Wed, Mar 5
Seven & i likely to sell non-core business shares to Bain for $4.7 bln, Bloomberg says
TOKYO, March 5 (Reuters) - Seven & i Holdings 3382.T is likely to sell most of its non-core business holding company shares to Bain Capital for more than 700 billion yen ($4.69 billion), Bloomberg News reported on Wednesday citing people familiar with the matter.The deal is likely to be decided at..Reuters
Wed, Mar 5
Evonik CEO: We Are Well Protected Against Tariffs As We Produce A Lot In U.S.
March 5 (Reuters) - EVONIK INDUSTRIES AG EVKn.DE:EVONIK CEO - WE ARE WELL PROTECTED AGAINST TARIFFS BECAUSE WE PRODUCE A LOT IN THE USAEVONIK CEO - NEW STRUCTURE IS NOT AIMED AT BREAKING UP EVONIK, BUT RATHER STRENGTHENING THE GROUPEVONIK CFO - WE WORK IN DEFENCE SECTOR, RECEIVE REQUESTS AND WANT TO...Reuters
Wed, Mar 5
UK's CMA Will Not Refer Synopsys-Ansys Deal To In-Depth Probe
March 5 (Reuters) - Competition and Markets Authority: UK'S CMA SAYS ACCEPTANCE OF UNDERTAKINGS IN LIEU: ANTICIPATED ACQUISITION BY SYNOPSYS, INC. OF ANSYS, INCUK'S CMA - WILL NOT REFER ANTICIPATED ACQUISITION BY SYNOPSYS, INC. OF ANSYS, INC. TO AN IN-DEPTH, PHASE 2 INVESTIGATIONReuters
Wed, Mar 5
Prysmian Wins Four-Year Agreement For Supply Of Extra High Voltage Underground Cable Systems From Statnett
March 5 (Reuters) - Prysmian SpA PRY.MI:WINS FOUR-YEAR AGREEMENT FOR SUPPLY OF EXTRA HIGH VOLTAGE UNDERGROUND CABLE SYSTEMS FROM STATNETTAGREEMENT HAS TWO OPTIONAL TWO-YEARS EXTENSION PERIODSReuters
Wed, Mar 5
German parties agree historic debt overhaul to revamp military and economy
Germany's SPD, conservatives in talks to form governmentAgree to propose debt brake reform to parliamentEuro and stocks jump in Wednesday trade Reform aims to boost defence spending given US disengagementWill also propose 500 billion euro fund for infrastructure spendingMust get two-thirds major...Reuters
Wed, Mar 5
Kremlin says Zelenskiy's letter to Trump on willingness to negotiate is positive
MOSCOW, March 5 (Reuters) - Russia takes a positive view of Ukrainian President Volodymyr Zelenskiy's statement that he is willing to negotiate over the war, the Kremlin said on Wednesday.Zelenskiy made the statement in a letter to U.S. President Donald Trump, which Trump made public on Tuesday....Reuters
Wed, Mar 5
Seven & i likely to sell non-core business holding company shares to Bain Capital, Bloomberg says
TOKYO, March 5 (Reuters) - Seven & i Holdings 3382.T is likely to sell most of its non-core business holding company shares to Bain Capital for more than 700 billion yen ($4.69 billion), Bloomberg News reported on Wednesday citing people familiar with the matter. ($1 = 149.1700 yen)Reuters
Wed, Mar 5
