News
Important Only
China will relax merger and acquisition loans for technology enterprises
BEIJING, March 5 (Reuters) - China's financial regulator said on Wednesday it will launch a pilot program to relax merger and acquisition (M&A) loan issuance to technology firms, according to a statement released by the National Financial Regulatory Administration.Under the pilot program, th...Reuters
Wed, Mar 5
UK's Balfour Beatty names Philip Hoare as CEO
March 5 (Reuters) - British construction and infrastructure group Balfour Beatty BALF.L on Wednesday named Philip Hoare as its next CEO, replacing Leo Quinn who will leave the firm after more than 10 years.Shares of the London-headquartered company fell as much as 5.8% to 429.2 pence, hitting its lo...Reuters
Wed, Mar 5
Soccer-Yamal will renew contract with Barcelona, says agent Mendes
March 5 (Reuters) - Barcelona winger Lamine Yamal will extend his contract with the LaLiga club beyond 2026, his agent Jorge Mendes said on Wednesday.The 17-year-old Spain international, who won the 2024 Golden Boy award to cap off a year in which he helped his country win the European Championship...Reuters
Wed, Mar 5
UK 10-year gilt yields rise after Trump announces more tariffs
LONDON, March 5 (Reuters) - Yields on British government bonds climbed on Wednesday as global markets braced for a hit to economic growth after U.S. President Donald Trump announced more trade tariffs to come next month in a speech on Tuesday. New 25% tariffs on imports from Canada and Mexico to...Reuters
Wed, Mar 5
Russia must inflict 'maximum defeat' on Ukraine, Medvedev says
MOSCOW, March 5 (Reuters) - Russia's main task remains to inflict "maximum defeat" on Ukraine, former president Dmitry Medvedev said on Wednesday. "Russia is advancing. The enemy is resisting and has not yet been defeated," said Medvedev, who is deputy chairman of Russia's Se...Reuters
Wed, Mar 5
Germany starts sale of new 30-year bond - IFR
LONDON, March 5 (Reuters) - Germany started selling a new 30-year bond via a group of banks on Wednesday, according to LSEG's IFR, a deal that will be closely watched as parties hoping to form the next government agreed on a historic debt overhaul to revamp defence spending and the economy.Banks...Reuters
Wed, Mar 5
REFILE-Democratic Senator Slotkin reaches for the political center in rebuttal to Trump
Slotkin stresses bipartisan values, criticizes Trump's Ukraine policySlotkin argues Trump's policies harm middle class, echoing Democratic concernsDemocrats struggle to form response to Trump's second term By Gabriella Borter WASHINGTON, March 5 (Reuters) - Democratic U.S. Senator Eli...Reuters
Wed, Mar 5
ASML's annual report says export curb worries hit customer spending in 2024
AMSTERDAM, March 5 (Reuters) - ASML ASML.AS, the computer chip equipment maker that has been hit by successive waves of U.S.-led restrictions on exports to China, said in its annual report on Wednesday that uncertainty over export controls had weakened customer demand in 2024. "Macroeconomic unc...Reuters
Wed, Mar 5
Emirates Airline to spend 5 bln dollars on refitting aircraft, president says
BERLIN, March 5 (Reuters) - Emirates Airline 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 choice....This one is the only way ...Reuters
Wed, Mar 5
Paratus Energy Services Resolves To Buy 5.4 Mln Own Shares
March 5(Reuters) - Paratus Energy Services Ltd. PLSV.OL:SAID ON TUESDAY HAS RESOLVED TO BUY 5.4 MILLION SHARES AT PRICE OF NOK 41.5 PER SHARETRADE DATE WILL BE 5 MARCH 2025, AND SETTLEMENT DATE IS EXPECTED TO BE ON OR ABOUT 7 MARCH 2025Reuters
Wed, Mar 5
German 30-year yields set for biggest daily rise since late 1990s
By Stefano Rebaudo March 5 (Reuters) - Euro zone bond yields jumped, with 30-year German yields on course for their biggest one-day rise since the late 1990s, after the parties hoping to form Germany's next government agreed to seek a loosening of the country's debt brake.Germany aims to ...Reuters
Wed, Mar 5
ASML Annual Report: Some Customers Slowed Capital Spending Due To Export Control
March 5 (Reuters) - ASML Holding NV ASML.AS:ASML: IN 2024, SOME CUSTOMERS SLOWED CAPITAL SPENDING DUE TO EXPORT CONTROLS -ANNUAL REPORTASML: HAS BECOME MORE DIFFICULT TO OBTAIN US LICENSES FOR FOREIGN WORKERSASML: GROWING LIST OF CHINESE ENTITIES SUBJECT TO RESTRICTIONS HAS IMPACTED AND MAY FURTHER ...Reuters
Wed, Mar 5
French insurer Scor has no plans to grow US life and health business
March 5 (Reuters) - Reinsurance company Scor SCOR.PA expects that the life & health reinsurance business will not grow in future in the U.S. market and does not plan to expand activities in this area, CEO Thierry Léger told journalists on Wednesday."We have a lot of U.S. mortality business a...Reuters
Wed, Mar 5
Former Aon executive Paire officially joins Lockton Re
By Rebecca DelaneyMarch 5 - (The Insurer) - Eric Paire has officially taken up his post as head of Lockton Re's capital advisory practice in London.In this role, Paire will provide structural capital solutions and consultancy across Lloyd's, along with prospective and retrospective structure...Reuters
Wed, Mar 5
Significant that Trump recognised Greenland's right to self-determination, Denmark says
COPENHAGEN, March 5 (Reuters) - Denmark's foreign minister said on Wednesday that it was significant that U.S. President Donald Trump had recognised Greenland's right to self-determination while reiterating an interest in acquiring the island in his address to Congress.Reuters
Wed, Mar 5
Prada's Bertelli 'very cautious' about possible acquisitions, he tells newspaper
MILAN, March 5 (Reuters) - Luxury fashion group Prada's leading shareholder Patrizio Bertelli said on Wednesday he was "very cautious" about the possibility of making acquisitions, although the group is ready to look at potential opportunities. "Relaunching a brand is difficult, in t...Reuters
Wed, Mar 5
