News
Important Only
Kremlin says Putin is serious about Ukraine peace talks but says no more
MOSCOW, May 12 (Reuters) - The Kremlin said on Monday that Russian President Vladimir Putin was serious about trying to find peace at talks he has proposed in Turkey but his spokesman said he could say no more about the talks after Ukraine demanded the Kremlin chief attend. Putin on Sunday ...Reuters
Mon, May 12
ATS Corp expected to post earnings of 37 cents a share - Earnings Preview
ATS Corp ATS.TO is expected to show a fall in quarterly revenue when it reports results on May 14 (estimated) for the period ending March 31 2025The Cambridge Ontario-based company is expected to report a 13.4% decrease in revenue to C$685.814 million from C$791.5 million a year ago, according to...Reuters
Mon, May 12
ARS Pharmaceuticals Inc expected to post a loss of 35 cents a share - Earnings Preview
ARS Pharmaceuticals Inc SPRY.OQ SPRY.O is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The San Diego California-based company is expected to report revenue of $7.482 million, according to the mean estimate from 6 analysts, based ...Reuters
Mon, May 12
G Mining Ventures Corp expected to post earnings of 25 cents a share - Earnings Preview
G Mining Ventures Corp GMIN.TO is expected to report resultson May 14 for the period ending March 31 2025LSEG's mean analyst estimate for G Mining Ventures Corp is for earnings of 25 cents per share. The current average analyst rating on the shares is "buy" and the breakdown of recomme...Reuters
Mon, May 12
INSIGHT-This US-owned factory in China made toys for Walmart. Tariffs put it on life support
For a US-owned toy factory in China, tariffs are an existential threatThe US and China agreed to lower tariffs for 90 days on MondayHuntar Company CEO says any tariff over 50% would make survival difficultBy Nicholas P. Brown May 12 (Reuters) - The emails started pouring in on April 9, the day Pr...Reuters
Mon, May 12
Hub International valuation rises to $29 billion after $1.6 billion investment
By Ryan HewlettMay 12 - (The Insurer) - Hub International has secured a minority investment of approximately $1.6 billion in a deal which hands the Chicago-headquartered intermediary an enterprise valuation of $29 billion, the company said on Monday.The investment is being led by funds and accounts ...Reuters
Mon, May 12
Chegg to lay off 22% of workforce as AI tools shake up edtech industry
May 12 (Reuters) - Chegg CHGG.N said on Monday it would lay off about 22% of its workforce, or 248 employees, to cut costs and streamline its operations as students increasingly turn to AI-powered tools such as ChatGPT over traditional edtech platforms. The company, an online education firm that o...Reuters
Mon, May 12
China's Ant Group to sell 4% stake in India's Paytm for $242 million, term sheet shows
By Scott Murdoch May 12 (Reuters) - China's Ant Group will sell a 4% stake in Indian payments firm Paytm PAYT.NS for $242 million, a term sheet seen by Reuters on Monday showed.Ant, an affiliate of Chinese conglomerate Alibaba Group 9988.HK, will sell the stake at 809.75 rupees per share, a d...Reuters
Mon, May 12
Danone plans to acquire U.S. plant-based organic formula maker Kate Farms
By Abigail Summerville NEW YORK, May 12 (Reuters) - Danone DANO.PA said on Monday it has agreed to buy a majority stake in Kate Farms, a U.S. maker of plant-based organic drinks that will fit into the French food giant's specialized nutrition portfolio.Santa Barbara, California-based Kate Far...Reuters
Mon, May 12
Roche And Genentech Announce New North Carolina Manufacturing Facility
May 12 (Reuters) - Roche Holding AG ROG.S:ROCHE AND GENENTECH ANNOUNCE NEW NORTH CAROLINA MANUFACTURING FACILITYROCHE HOLDING AG - INVESTMENT OF $700+ MILLION TO CREATE 400+ MANUFACTURING JOBSROCHE HOLDING AG - PROJECT TO ADD 1,500+ CONSTRUCTION JOBS DURING DEVELOPMENTReuters
Mon, May 12
High-Trend International Group Announces Strategy Update For Onboard Carbon Capture
May 12 (Reuters) - High-Trend International Group HTCO.O:HIGH-TREND INTERNATIONAL GROUP ANNOUNCES STRATEGY UPDATE FOR ONBOARD CARBON CAPTURE IN THE SHIPPING INDUSTRYHIGH-TREND INTERNATIONAL GROUP - DEVELOPING CARBON NEUTRALITY SOLUTIONS FOR SHIPPING INDUSTRYReuters
Mon, May 12
Elon Musk listed as invited attendee of Saudi-US investment forum in Riyadh
WASHINGTON, May 12 (Reuters) - Elon Musk is listed as invited attendee of a Saudi-U.S. investment forum in Riyadh, on the sidelines of U.S. President Donald Trump's visit to the Middle East, according to a planning note seen by Reuters.Reuters
Mon, May 12
