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Nokia Lowers FY 2025 Operating Profit Guidance To Eur 1.6 To 2.1 Bln
July 22 (Reuters) - Nokia Oyj NOKIA.HE:INSIDE INFORMATION: NOKIA LOWERS 2025 OPERATING PROFIT GUIDANCE DUE TO CURRENCYNOKIA - CURRENT TARIFF LANDSCAPE IS EXPECTED TO IMPACT FULL YEAR OPERATING PROFIT BY EUR 50 MLN TO EUR 80 MLNNOKIA OYJ - LOWERS FY 2025 OPERATING PROFIT GUIDANCE TO EUR 1.6-2.1 BLN
Reuters
Tue, Jul 22
Musk allies to raise up to $12 billion for xAI chips as startup burns through cash, WSJ reports
July 22 (Reuters) - Elon Musk's artificial intelligence startup xAI is working with a trusted financier to secure up to $12 billion more for its expansion plans, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.
Reuters
Tue, Jul 22
Dassault Aviation posts higher H1 profit, sales
PARIS, July 22 (Reuters) - French planemaker Dassault Aviation AM.PA on Tuesday posted slightly higher earnings and revenues in the first six months of 2025 and held targets unchanged as new orders were boosted by a fighter contract with India.The manufacturer of Rafale warplanes and Falcon business...
Reuters
Tue, Jul 22
EXCLUSIVE-Apple set to stave off daily fines, EU to accept App Store changes, sources say
By Foo Yun Chee BRUSSELS, July 22 (Reuters) - Apple's AAPL.O changes to its App Store rules and fees will likely secure the green light from EU antitrust regulators, people with direct knowledge of the matter said, a move that would stave off potentially hefty daily fines for the iPhone maker...
Reuters
Tue, Jul 22
Alstom To Supply Kawasaki With Propulsion Components For New Subway Cars For NYC Subway
July 22 (Reuters) - Alstom SA ALSO.PA:TO SUPPLY KAWASAKI WITH PROPULSION COMPONENTS FOR NEW SUBWAY CARS FOR NEW YORK CITY SUBWAYTHE PROPULSION SYSTEM COMPONENTS WILL BE MANUFACTURED AT THE ALSTOM SITE IN HORNELL, NEW YORK
Reuters
Tue, Jul 22
ASM International posts Q2 bookings below market estimate
AMSTERDAM, July 22 (Reuters) - Computer chip equipment maker ASM International ASMI.AS reported second-quarter bookings below market expectations on Tuesday.Bookings, the industry's most closely watched figure, came in at 702.5 million euros ($825 million)in the second quarter of the year, again...
Reuters
Tue, Jul 22
Musk Allies To Raise Up To $12 Billion For Xai Chips As Startup Burns Through Cash - WSJ
July 22 (Reuters) - MUSK ALLIES TO RAISE UP TO $12 BILLION FOR XAI CHIPS AS STARTUP BURNS THROUGH CASH - WSJVALOR EQUITY PARTNERS, AN INVESTMENT FIRM WHOSE FOUNDER, ANTONIO GRACIAS, HAS CLOSE TIES TO MUSK, IS IN TALKS WITH LENDERS TO RAISE THE CAPITAL - WSJSource text: https://tinyurl.com/4t7z8msy
Reuters
Tue, Jul 22
US House Speaker Johnson sees no immediate Russia sanctions action
By Patricia Zengerle WASHINGTON, July 22 (Reuters) - U.S. House of Representatives Speaker Mike Johnson said on Tuesday he does not think the U.S. Congress should consider sanctions on Russia until after President Donald Trump's 50-day deadline for Moscow to end the war in Ukraine."We wer...
Reuters
Tue, Jul 22
Lockheed Martin CEO Says For Turkish Utility Helicopter Program, Reached Notional Agreement To Restructure Due To U.S. Government Sanctions On Turkish Entities And Persons Involved In Program-Conf. Call
July 22 (Reuters) - Lockheed Martin Corp LMT.N:LOCKHEED MARTIN CEO: FOR TURKISH UTILITY HELICOPTER PROGRAM, REACHED NOTIONAL AGREEMENT TO RESTRUCTURE DUE TO U.S. GOVERNMENT SANCTIONS ON TURKISH ENTITIES AND PERSONS INVOLVED IN PROGRAM-CONF. CALLLOCKHEED MARTIN CEO ON F-35 SAYS COMPLETED TR3 HARDWARE...
Reuters
Tue, Jul 22
ANALYSIS-De-risking mood adds more demand for US corporate bonds
High-quality corporates' borrowing costs near lowest since 1998 Investors shifting risk out of equity and into creditCredit spreads expected to widen in the second half of the year Companies taking full advantage of the cheap borrowing window By Shankar Ramakrishnan and Matt Tracy July 21 (Re...
Reuters
Tue, Jul 22
Soitec posts Q1 sales in line with expectations
July 22 (Reuters) - French semiconductor materials supplier Soitec SOIT.PA reported a 16% drop at constant exchange rates in its first-quarter sales, due to high customers' inventory and a weak automotive market.The company posted quarterly revenue of 92 million euros($108 million), down from 12...
Reuters
Tue, Jul 22
Trump says he may meet Xi following invitation to China
WASHINGTON, July 22 (Reuters) - U.S. President Donald Trump said on Tuesday that Chinese President Xi Jinping had invited him to China and he would probably meet him in the not too distant future.
Reuters
Tue, Jul 22
About 200 SharePoint cases in Germany vulnerable to security flaw, BSI says
BERLIN, July 22 (Reuters) - Germany's federal office for information security (BSI) is aware of about 200 SharePoint cases in Germany vulnerable to a security flaw, the office told Reuters on Tuesday. A security patch released by Microsoft MSFT.O last month failed to fully fix a critical flaw in...
Reuters
Tue, Jul 22
OpenAI wins trademark lawsuit over 'Open Artificial Intelligence'
By Blake Brittain July 22 (Reuters) - OpenAI convinced a federal judge in California on Monday that a Silicon Valley tech entrepreneur violated its trademark rights by using the name "Open AI" in commerce.U.S. District Judge Yvonne Rogers agreed with OpenAI that Guy Ravine's company O...
Reuters
Tue, Jul 22
US appeals court revives antitrust lawsuit over Puerto Rican baseball league
By Mike Scarcella July 22 (Reuters) - Puerto Rico’s top baseball league must face claims that it conspired to suppress competition in the popular sport on the island, home to many current and former stars of Major League Baseball, a federal appeals court ruled.The 1st U.S. Circuit Court of Appeal...
Reuters
Tue, Jul 22
Trump says US, Philippines very close to finishing trade deal
WASHINGTON, July 22 (Reuters) - U.S. President Donald Trump on Tuesday said the U.S. was close to finalizing a trade agreement with the Philippines. "We're going to talk about trade today and we are very close to finishing a trade deal, a big trade deal actually," Trump told reporters at...
Reuters
Tue, Jul 22
US sells $80 bln 6-week bills at high rate of 4.26%
NEW YORK, July 22 (Reuters) - The U.S. Treasury's auction on Tuesday of $80 billion in six-week or 42-day bills yielded a high rate of 4.26%, awarding 23.4% of bids at that rate, according to Treasury data.The bill saw a bid-to-cover ratio, a gauge of demand, of 2.85%
Reuters
Tue, Jul 22
Volaris confident US-Mexico aviation dispute can be resolved, CEO says
MEXICO CITY, July 22 (Reuters) - Mexican airline Volaris is confident that a mutually beneficial agreement can be reached between the U.S. and Mexican governments following a U.S. Department of Transportation (DOT) order, CEO Enrique Beltranena said on Tuesday.The DOT said on Saturday it would take ...
Reuters
Tue, Jul 22
Trump welcomes Philippines leader, says expects trade deal on Tuesday
WASHINGTON, July 22 (Reuters) - U.S. President Donald Trump on Tuesday welcomed Philippine President Ferdinand Marcos Jr. to the White House, saying he thought the two leaders could reach a trade agreement. Asked if they would reach a trade deal on Tuesday, Trump told reporters: "I think we ...
Reuters
Tue, Jul 22
EXCLUSIVE-Apple set to stave off daily fines, EU to accept App Store changes, sources say
By Foo Yun Chee BRUSSELS, July 22 (Reuters) - Apple's AAPL.O changes to its App Store rules and fees will likely secure the green light from EU antitrust regulators, people with direct knowledge of the matter said, a move that would stave off potentially hefty daily fines for the iPhone maker...
Reuters
Tue, Jul 22
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