News
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New German chancellor sends minister to Israel amid concern about aid plans
BERLIN, May 7 (Reuters) - New German Chancellor Friedrich Merz expressed concern about Israel's plans to take over the distribution of humanitarian aid in Gaza and said his new foreign minister would travel to Israel at the weekend."It must be clear that the Israeli government must fulfil it...Reuters
Wed, May 7
Euro zone bond yields stable ahead of Fed policy meeting
May 7 (Reuters) - Euro zone government bond yields were steady on Wednesday, with focus fixed on a U.S. Federal Reserve rate decision later in the day and a Bank of England meeting on Thursday.In early trade, Germany's 10-year bond yield, the euro area's benchmark, was up just 1 basis points at...
Reuters
Wed, May 7
SNAPSHOT-What has happened in India and Pakistan as they fight over Kashmir killings
NEW DELHI, May 7 (Reuters) - India launched strikes on Pakistan and Pakistani Kashmir on Wednesday, an assault its neighbour called a "blatant act of war" as tension spirals between the nuclear-armed rivals after a deadly attack on tourists in Indian Kashmir. WHAT IS OPERATION SINDOOR?India ...Reuters
Wed, May 7
Aviation market unmoved despite Houthis campaign on Israel airports
By Michael Jones May 6 - (The Insurer) - The announcement by Yemen's Houthi rebels of a “comprehensive” aerial blockade on Israel through the targeting of its airports will not result in any change of approach to the country by aviation insurers, two senior aviation market sources told The I...Reuters
Wed, May 7
S&P Says China's Bad Loans Likely To See Larger Tariff-Related Downside
May 7 (Reuters) - S&P:CHINA'S BAD LOANS LIKELY TO SEE LARGER TARIFF-RELATED DOWNSIDES&P - FORECAST CHINA'S ANNUAL CREDIT LOSSES AVERAGING CHINESE RENMINBI (RMB) 2.55 TRILLION OVER 2025-2027Source text: https://tinyurl.com/3cesp9xaReuters
Wed, May 7
Tokyo Century Corp - To Record Extraordinary Income In Fiscal 2025 Following Aviation Capital Group's Insurance Claim Settlements
May 7 (Reuters) - Tokyo Century Corp 8439.T:TOKYO CENTURY CORP: TO RECORD EXTRAORDINARY INCOME IN FISCAL 2025 FOLLOWING AVIATION CAPITAL GROUP'S INSURANCE CLAIM SETTLEMENTSReuters
Wed, May 7
Franklin Resources Q2 Adjusted EPS USD 0.47 Vs. IBES Estimate USD 0.473 (May 2)
May 7 (Reuters) - * Franklin Resources Q2 operating margin 6.9%.* Q2 operating income USD 145.6 million* Q2 EPS USD 0.26* Q2 adjusted operating income USD 377.2 million vs. IBES estimate USD 365.2 million* Q2 revenue USD 2,111.4 million vs. IBES estimate USD 1,595 million* Q2 net income USD 151.4 mi...Reuters
Wed, May 7
Spirent Communications Says Q1 Revenue Were In Line With Same Period Last Year
May 7 (Reuters) - Spirent Communications:SPIRENT COMMS. PLC KEYSIGHT TECHNOLOGS. - SPIRENT FIRST QUARTER 2025 TRADING UPDATESPIRENT COMMUNICATIONS: Q1 ORDERS AND REVENUE WERE BOTH IN LINE WITH OUR PLAN AND IN LINE WITH SAME PERIOD LAST YEARSPIRENT COMMUNICATIONS PLC: CAREFULLY REVIEWING TARIFF CHAN...Reuters
Wed, May 7
Former US president Biden accuses Trump of appeasement of Russia
LONDON, May 7 (Reuters) - Former U.S. President Joe Biden said his successor Donald Trump's pressure on Ukraine to give up territory to Russia is a form of "modern-day appeasement" that will never satisfy Moscow. In an interview with the BBC broadcast on Wednesday, Biden said Russian Pre...Reuters
Wed, May 7
Franklin Resources Q2 Adjusted EPS USD 0.47 Vs. IBES Estimate USD 0.473 (May 2)
May 7 (Reuters) - * Franklin Resources Q2 operating margin 6.9%.* Q2 operating income USD 145.6 million* Q2 EPS USD 0.26* Q2 adjusted operating income USD 377.2 million vs. IBES estimate USD 365.2 million* Q2 revenue USD 2,111.4 million vs. IBES estimate USD 1,595 million* Q2 net income USD 151.4 mi...Reuters
Wed, May 7
CT Automotive Group Says Outlook For Business Becomes More Complex With Uncertainty By Tariffs
May 7 (Reuters) - CT Automotive Group PLC CTA.L:CT AUTOMOTIVE GROUP PLC: OUTLOOK FOR BUSINESS HAS BECOME MORE COMPLEX WITH UNCERTAINTY CAUSED BY TARIFFSCT AUTOMOTIVE : NEAR-SHORED A NUMBER OF PRODUCTION PROGRAMMES SUPPLYING US, WITH PRODUCTS MANUFACTURED IN CHINESE FACILITIES TRANSFERRING TO MEXICOC...Reuters
Wed, May 7
Veolia to take full ownership of water management unit in $1.75 billion deal, gets $750 million in new contracts
By Dimitri Rhodes and Etienne BrebanMay 7 (Reuters) - French group Veolia VIE.PA said on Wednesday it will buy the 30% of shares in Water Technologies and Solutions (WT&S) that it does not already own from Quebec Deposit and Investment Fund (CDPQ) for $1.75 billion.The waste and water managemen...Reuters
Wed, May 7
Card Factory Reports FY Revenue of £542.5 Mln
May 7 (Reuters) - Card Factory PLC CARDC.L:CARD FACTORY: FY25 ADJUSTED PROFIT BEFORE TAX( £66.0MCARD FACTORY: EXPECTATIONS FOR FY26 OF MID-TO-HIGH SINGLE-DIGIT PERCENTAGE INCREASES IN ADJUSTED PBT REMAIN UNCHANGEDCARD FACTORY: DO NOT EXPECT THERE TO BE A MATERIAL IMPACT FROM TARIFFS ON GROUP'S ...Reuters
Wed, May 7
Russia says it is deeply concerned by India-Pakistan confrontation, calls for restraint
MOSCOW, May 7 (Reuters) - Russia's foreign ministry said on Wednesday that it was deeply concerned about the deepening military confrontation between India and Pakistan, and that it called for both countries to show restraint.Russia, which has warm relations with both India and Pakistan, said it...Reuters
Wed, May 7
Siemens Healthineers CFO Says Negative Net Effect Of Tariffs Expected Between EUR 200 Mln And EUR 300 Mln Euros Before Taxes On EBIT
May 7 (Reuters) - SIEMENS HEALTHINEERS AG SHLG.DE:SIEMENS HEALTHINEERS IN PRESS CALL - WOULD HAVE TALKED ABOUT THE TOP BANDWIDTHS FOR SALES AND EPS TODAY WITHOUT U.S. TARIFFSSIEMENS HEALTHINEERS EXECS IN CALL - TARIFFS SITUATION STILL VERY VOLATILE, PREMATURE TO MAKE STRATEGIC DECISIONS ON PRODUCTI...Reuters
Wed, May 7
Pakistan dollar bonds fall around 1 cent after India strikes over tourist killings
LONDON, May 7 (Reuters) - Pakistan's international bonds slipped around 1 cent after India attacked Pakistan and Pakistani Kashmir on Wednesday in response to tourist killings in April, sparking the worst fighting in more than two decades between the nuclear-armed enemies.The 2036 bond slipped ...Reuters
Wed, May 7
Scor beats consensus with 85% combined ratio
By Scott VincentMay 7 - (The Insurer) - Scor improved its combined ratio to 85% during the first quarter of 2025 despite natural catastrophe losses coming in above budget for the period.In its quarterly results announcement on Wednesday, Scor said its natural catastrophe claims ratio stood at 12.5% ...Reuters
Wed, May 7
