News
Important Only
BRIEF-Erg renewables operations to slow down in U.S. in coming years, but no criticalities, CFO says
Jan 29 (Reuters) - Erg ERG.MI Chief Financial Officer Michele Pedemonte says:ITALY'S ERG CFO: RENEWABLES OPERATIONS WILL LIKELY SLOW DOWN IN U.S. IN COMING YEARS, BUT DOES NOT EXPECT CRITICALITIESFurther company coverage: ERG.MIReuters
Wed, Jan 29
LCNB Corp expected to post earnings of 32 cents a share - Earnings Preview
LCNB Corp LCNB.OQ LCNB.O is expected to show a rise in quarterly revenue when it reports results on January 31 (estimated) for the period ending December 31 2024The Lebanon Ohio-based company is expected to report a 5.4% increase in revenue to $15.45 million from $14.66 million a year ago, accordi...Reuters
Wed, Jan 29
MS Amlin renews Phoenix Re 3 with 12.5% capacity uplift
By Michael JonesJan 29 - (The Insurer) - MS Amlin has renewed its Phoenix Re sidecar, which now has available collateralised capacity of more than $90mn.This was the fifth consecutive renewal of MS Amlin’s Singapore-based sidecar, with the available capacity for 2025 representing a 12.5 percent upli...Reuters
Wed, Jan 29
France's budget talks must not be taken hostage, says government spokeswoman
PARIS, Jan 29 (Reuters) - French budget talks are moving ahead and must not be "taken hostage" by a dispute over remarks the prime minister made about immigration, government spokeswoman Sophie Primas said on Wednesday.The budget talks were on the verge of collapse on Wednesday, a day after ...Reuters
Wed, Jan 29
Haleon to invest $54 mln in US R&D centre to boost product innovation
Jan 29 (Reuters) - Consumer healthcare company Haleon HLN.L said on Wednesday it will invest $54 million in its global research and development centre in Richmond, U.S., aiming to boost its pipeline for new product innovations.The company said the investment is in addition to its 300 million pound (...Reuters
Wed, Jan 29
Northrim BanCorp Inc expected to post earnings of $1.69 a share - Earnings Preview
Northrim BanCorp Inc NRIM.OQ NRIM.O is expected to show a rise in quarterly revenue when it reports results on April 22 (estimated) for the period ending March 31 2025The Anchorage Alaska-based company is expected to report a 8.0% increase in revenue to $28.55 million from $26.45 million a year ag...Reuters
Wed, Jan 29
Dynavax Technologies Corp expected to post earnings of 4 cents a share - Earnings Preview
Dynavax Technologies Corp DVAX.OQ DVAX.O is expected to show a rise in quarterly revenue when it reports results on January 31 (estimated) for the period ending December 31 2024The Emeryville California-based company is expected to report a 31.2% increase in revenue to $72.915 million from $55.6 m...Reuters
Wed, Jan 29
First Financial Corp expected to post earnings of $1.28 a share - Earnings Preview
First Financial Corp THFF.OQ THFF.O is expected to show a rise in quarterly revenue when it reports results on January 31 (estimated) for the period ending December 31 2024The Terre Haute Indiana-based company is expected to report a 18.7% increase in revenue to $60.353 million from $50.84 million...Reuters
Wed, Jan 29
First Financial Northwest Inc expected to post earnings of 5 cents a share - Earnings Preview
First Financial Northwest Inc FFNW.OQ FFNW.O is expected to show a fall in quarterly revenue when it reports results on April 28 (estimated) for the period ending March 31 2025The Renton Washington-based company is expected to report a 3.3% decrease in revenue to $8.609 million from $8.9 million a...Reuters
Wed, Jan 29
How transgender troops prepared to fight Trump's new policy
Transgender troops' lawsuit against new Trump military policy marks first shot in a long battleTransgender troops and advocates began preparing for restrictions months before the electionsAdvocates say they were determined not to be caught off-guard By Idrees Ali, Phil Stewart WASHINGTON, Jan...Reuters
Wed, Jan 29
Bob Menendez to be sentenced in gold bar bribery case that ended US Senate career
By Luc Cohen NEW YORK, Jan 29 (Reuters) - Former U.S. Senator Bob Menendez will be sentenced on Wednesday over his 2024 conviction for taking bribes including gold bars in exchange for favors for Egypt and New Jersey businessmen, a case that ended the once-powerful Democrat's political career...Reuters
Wed, Jan 29
Global CEO departures hit record high in 2024 amid investor pressure
By Isla BinnieNEW YORK, Jan 29 (Reuters) - Chief executives of global companies left their jobs in record numbers last year, pushed by intense scrutiny from investors and pressure to keep up with change, according to leadership advisory firm Russell Reynolds Associates.Some 202 CEOs left their posts...Reuters
Wed, Jan 29
Trump health pick Kennedy faces US Senate scrutiny over vaccine, abortion views
Kennedy's vaccine views spark bipartisan Senate concernsKennedy denies anti-vaccine label, cites his children's vaccinationsNomination tests Republican loyalty to TrumpSome Republicans concerned over Kennedy's abortion stanceBy Ahmed Aboulenein WASHINGTON, Jan 29 (Reuters) - Robert F....Reuters
Wed, Jan 29
Honda to recall more than 290,000 vehicles in US over engine stall concerns, NHTSA says
Jan 29 (Reuters) - Honda 7267.T will recall 294,612 vehicles in the U.S. over concerns engines may stall or suffer a loss of power due to a software error in the fuel injection electronic control unit, the National Highway Traffic Safety Administration said on Wednesday.Reuters
Wed, Jan 29
PREVIEW-Apple's sales likely hurt by AI delays, Chinese competition
By Akash Sriram, Rishi Kant Jan 29 (Reuters) - Apple AAPL.O is expected to report tepid quarterly revenue growth on Thursday as its slow roll-out of artificial intelligence features and tough Chinese competition weighed on iPhone demand during the crucial holiday-shopping season.The company and i...Reuters
Wed, Jan 29
PCRIC seeks additional funding as risk pool grows to $52.75mn in limit
By Henry GaleJan 29 - (The Insurer) - The Pacific Catastrophe Risk Insurance Company (PCRIC) has highlighted the need for further financial support as demand for its products and services grows.PCRIC's risk pool grew significantly in 2024 as more countries and non-sovereign entities purchased co...Reuters
Wed, Jan 29
Deals of the day-Mergers and acquisitions
Jan 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday:** Volvo Cars VOLCARb.ST has signed an agreement to buy struggling Swedish battery maker Northvolt's stake in their joint battery venture NOVO Energy, the Sweden-based automaker said...Reuters
Wed, Jan 29
BRIEF-NHTSA Says Honda Is Recalling 294,612 U.S. Vehicles
Jan 29 (Reuters) - HONDA (AMERICAN HONDA MOTOR CO.) IS RECALLING 294,612 U.S. VEHICLES - NHTSAHONDA (AMERICAN HONDA MOTOR CO.) IS RECALLING SOME U.S. VEHICLES AS AN ENGINE STALL OR LOSS OF POWER CAN INCREASE THE RISK OF A CRASH OR INJURY.- NHTSASource: https://tinyurl.com/27n9jkduFurther company cov...Reuters
Wed, Jan 29
SI Re grows premiums by 10% during January renewals
By Aidan GregoryJan 29 - (The Insurer) - Swiss reinsurer SI Re has said that it grew its premium volume by 10 percent during a “successful” January renewal marked by “significant diversification and expansion of its portfolio”.In an update to the market on Wednesday, the Zug-based carrier said that ...Reuters
Wed, Jan 29
Israeli drone strike injures 5 people in southern Lebanon, health ministry says
DUBAI/BEIRUT, Jan 29 (Reuters) - Five people were injured in an Israeli drone strike targeting the southern Lebanese town of Majdal Selm on Wednesday, the Lebanese health ministry said.On Tuesday night, Israeli airstrikes injured 24 people in Nabatieh, a major town in south Lebanon.The Israeli milit...Reuters
Wed, Jan 29
