News
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On Holding Reports Q4 Net Sales CHF 606.6 Mln, Adj Eps CHF 0.33
March 4 (Reuters) - ON HOLDING: Q4 NET SALES CHF 606.6 MILLION VERSUS IBES ESTIMATE CHF 593.9 MILLIONQ4 ADJUSTED EPS CHF 0.33 VERSUS IBES ESTIMATE CHF 0.17ON HOLDING OUTLOOK FY REVENUE AT LEAST CHF 2.94 BILLION VERSUS IBES ESTIMATE CHF 2.97 BILLIONANTICIPATES HIGHER REVENUE GROWTH RATE IN H1TRACKING...Reuters
Tue, Mar 4
Federer-backed On Holding beats holiday-quarter sales, profit on strong demand
March 4 (Reuters) - On Holding ONON.N reported fourth-quarter sales and profit above Wall Street estimates on Tuesday, on strong holiday-driven demand for its shoes and sportswear offerings, helped by brand awareness initiatives.The Swiss company backed by Roger Federer has been gaining market share...Reuters
Tue, Mar 4
Lawmakers to hold hearing on persistent US air traffic staffing, infrastructure woes
By David Shepardson WASHINGTON, March 4 (Reuters) - A U.S. House of Representatives subcommittee on Tuesday will hear testimony on the persistent shortage of air traffic controllers and the significant technology and infrastructure woes faced by the Federal Aviation Administration.The issues have...Reuters
Tue, Mar 4
BREAKINGVIEWS-Tesla's future may be more GM than OMG
By Jonathan Guilford and Robert Cyran NEW YORK, March 4 (Reuters Breakingviews) - Tesla TSLA.O is losing its wow factor. Boss Elon Musk has long relied on hyperbolic predictions to pump up the electric-car maker’s image, and its stock price – from how quickly vehicle production would ramp up, to...Reuters
Tue, Mar 4
Prudential Is Said To Seek $12 Bln Value On India JV Listing - Bloomberg News
March 4 (Reuters) - PRUDENTIAL IS SAID TO SEEK $12 BILLION VALUE ON INDIA JV LISTING - BLOOMBERG NEWSPRUDENTIAL CONSIDERING SEEKING A VALUATION OF ABOUT $12 BILLION FOR ICICI PRUDENTIAL ASSET MANAGEMENT IN A POTENTIAL IPO OF INDIAN UNIT - BLOOMBERG NEWSSource text: https://tinyurl.com/mvea2a3rReuters
Tue, Mar 4
Poland is safer when Ukraine can defend itself, says PM Tusk
WARSZAWA, March 4 (Reuters) - A sovereign, pro-western Ukraine which can defend itself, means a stronger and safer Poland, Polish Prime Minister Donald Tusk said on Tuesday, after United States President Donald Trump made the decision to pause aid to Ukraine."In the political turmoil and growing...Reuters
Tue, Mar 4
Israel says it needs agreement on freeing hostages to extend Gaza ceasefire deal
JERUSALEM, March 4 (Reuters) - Israeli Foreign Minister Gideon Saar said on Tuesday Israel was ready to continue to the second phase of the Gaza ceasefire deal but needs an agreement on the release of hostages held by Hamas to extend the framework.Saar accused the Palestinian militant group of using...Reuters
Tue, Mar 4
German minister: we will respond resolutely if Trump imposes tariffs on EU
BERLIN, March 4 (Reuters) - Europe will respond in a united and resolute way if U.S. President Donald Trump imposes tariffs on EU products, Germany's economy minister said on Tuesday after levies of 25% from the U.S. took effect on imports from Mexico and Canada."Germany supports the EU Comm...Reuters
Tue, Mar 4
Arab summit to focus on Egypt's alternative to Trump's 'Gaza Riviera'
Middle East leaders seek alternative to U.S. takeover of GazaEgyptian idea for interim bodies gaining most tractionHamas would be sidelined in plan to be aired at summit CAIRO, March 4 (Reuters) - Arab leaders meet in Cairo on Tuesday with Egypt to present a plan for Gaza that would sideline ...Reuters
Tue, Mar 4
Poland says Trump did not consult allies on Ukraine aid pause
WARSAW, March 4 (Reuters) - United States President Donald Trump made the decision to pause aid to Ukraine without consulting with allies, a Polish foreign ministry spokesperson said on Tuesday, adding that the situation was very serious."This is a very important decision, and the situation is v...Reuters
Tue, Mar 4
Beazley's shares hit record after insurer's profit beat, limited LA wildfire losses
FY pre-tax profit $1.42 bln, 9% ahead of consensusForecasts $80 mln hit from California wildfires, below peersShares touch record high at 923 penceBy Yamini Kalia March 4 (Reuters) - British insurer Beazley's BEZG.L shares hit a record high on Tuesday after it beat annual pretax profit expect...Reuters
Tue, Mar 4
Finland's intelligence service says it is closely watching US position on Russia
HELSINKI, March 4 (Reuters) - Finland's security and intelligence service Supo is closely watching how U.S. intelligence positions itself towards Russia under the Trump administration, Supo's chief said on Tuesday.Supo on Tuesday published a national security review in which it named Russia...Reuters
Tue, Mar 4
Kremlin says pause of U.S. military aid to Ukraine is best hope for peace
By Dmitry Antonov MOSCOW, March 4 (Reuters) - The Kremlin said on Tuesday that pausing U.S. military aid to Ukraine would be the best contribution to the cause of peace, but cautioned that Russia needed to clarify the details of the move by U.S. President Donald Trump.Trump has paused military ai...Reuters
Tue, Mar 4
Russia says normalising ties with US will require lifting sanctions on Moscow
MOSCOW, March 4 (Reuters) - Russia said on Tuesday that any normalisation of relations with the United States would require the lifting of sanctions against Moscow.Kremlin spokesman Dmitry Peskov was responding to a question about a Reuters report that said the United States is drawing up a plan...Reuters
Tue, Mar 4
China releases white paper on controlling fentanyl-related substances
BEIJING, March 4 (Reuters) - China opposes accusations and the shifting of responsibility on the issue of fentanyl-related substances, according to an official white paper released on Tuesday, Xinhua reported.China has carried out "in-depth" cooperation with relevant countries, including the...Reuters
Tue, Mar 4
EXCLUSIVE-China to publish policy to boost RISC-V chip use nationwide, sources say
RISC-V is used to design anything from smartphone chips to advanced processors for AI Chinese chip design firms have embraced itBeijing has yet to mention it in policyShares in Chinese chip firms rise after the newsBy Che Pan and Brenda Goh BEIJING/SHANGHAI, March 4 (Reuters) - China plans to ...Reuters
Tue, Mar 4
REFILE-Kremlin says normalising ties with US will require lifting sanctions on Moscow
MOSCOW, March 4 (Reuters) - The Kremlin said on Tuesday that any normalisation of relations with the United States would require the lifting of sanctions against Moscow.Reuters reported on Monday that the United States is drawing up a plan to potentially give Russia sanctions relief as President Don...Reuters
Tue, Mar 4
Kremlin says pause of U.S. military aid to Ukraine is best hope for peace
MOSCOW, March 4 (Reuters) - The Kremlin said on Tuesday that pausing U.S. military aid to Ukraine would be the best contribution to the cause of peace, but cautioned that Russia needed to clarify the details of the move by U.S. President Donald Trump.Trump's decision comes as he has upended U.S....Reuters
Tue, Mar 4
BDIC confirms Bermuda application in process following BMA’s public warning
By Chris MunroMarch 3 - (The Insurer) - Blockchain Deposit Insurance Corp has confirmed that it is in the process of filing registration documents with the Bermuda Monetary Authority, after the regulator issued a public warning declaring that the startup was not licensed on the island.Early on Monda...Reuters
Tue, Mar 4
Czech PM Fiala: Europe cannot allow Russia's aggressive policy to succeed
PRAGUE, March 4 (Reuters) - U.S. President Donald Trump's decision to pause military aid to Ukraine highlights Europe's need to shift policy and strengthen its economic and military capabilities to take responsibility for its security, Czech Prime Minister Petr Fiala said on Tuesday."Thi...Reuters
Tue, Mar 4
