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Marriott cuts 2025 revenue outlook as travel demand slows
May 6 (Reuters) - Hotel operator Marriott International MAR.O trimmed its 2025 room revenue forecast on Tuesday, as it braces for slowing travel demand in the U.S. amid tariffs-induced fears of an economic recession. The company expects 2025 room revenue growth of 1.5% to 3.5%, compared with 2% to 4...Reuters
Tue, May 6
Alchemab Therapeutics Signs Landmark $415M Licensing Agreement For ATLX-1282 With Eli Lilly And Company
May 6 (Reuters) - Eli Lilly and Co LLY.N:ALCHEMAB THERAPEUTICS SIGNS LANDMARK $415M LICENSING AGREEMENT FOR ATLX-1282 WITH ELI LILLY AND COMPANYALCHEMAB THERAPEUTICS: AGREEMENT WITH LILLY TO LICENSE ATLX-1282Reuters
Tue, May 6
Pony AI Inc. And Uber Announce Strategic Partnership To Advance Autonomous Mobility
May 6 (Reuters) - Pony AI Inc PONY.O:PONY AI INC. AND UBER ANNOUNCE STRATEGIC PARTNERSHIP TO ADVANCE AUTONOMOUS MOBILITYPONY AI INC - STRATEGIC PARTNERSHIP TO DEPLOY PONY.AI'S ROBOTAXIS ONTO UBER PLATFORMPONY AI INC - PARTNERSHIP EXPECTED TO FIRST LAUNCH IN IN MIDDLE EAST LATER THIS YEARReuters
Tue, May 6
Tidewater Renewables Canadian International Trade Tribunal Terminated Prelim Injury Inquiry For Anti-Subsidy, Anti-Dumping Duty Complaint
May 6 (Reuters) - Tidewater Renewables Ltd LCFS.TO:TIDEWATER RENEWABLES: CANADIAN INTERNATIONAL TRADE TRIBUNAL TERMINATED PRELIM INJURY INQUIRY FOR ANTI-SUBSIDY, ANTI-DUMPING DUTY COMPLAINTTIDEWATER RENEWABLES: COMPLAINT RELATED TO IMPORTS OF RENEWABLE DIESEL FROM UNITED STATESTIDEWATER RENEWABLES L...Reuters
Tue, May 6
India panel to review copyright law amid legal challenges to OpenAI
By Arpan Chaturvedi NEW DELHI, May 6 (Reuters) - India has set up a panel to review if existing copyright law is sufficient to tackle AI-related disputes, an official memo showed, at a time when OpenAI faces legal challenges stemming from accusations of exploiting copyrighted material.A case in ...Reuters
Tue, May 6
Global Self Storage Inc expected to post a share - Earnings Preview
Global Self Storage Inc SELF.OQ SELF.O is expected to report resultson May 8 (estimated) for the period ending March 31 2025The Millbrook New York-based company is expected to report revenue of $3.152 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst e...Reuters
Tue, May 6
Leidos beats quarterly estimates on robust weaponry demand
May 6 (Reuters) - Defense contractor Leidos Holdings LDOS.N on Tuesday beat Wall Street estimates for first-quarter profit and revenue, helped by the robust demand for weapon systems.Rising geopolitical tensions around the world and expectations of a higher U.S. defense budget under President Donald...Reuters
Tue, May 6
Ferrari earnings up 15% in first quarter, but confirms risks from U.S tariffs
MILAN, May 6 (Reuters) - Luxury sports-car maker Ferrari RACE.MI said on Tuesday its core earnings rose 15% in the first quarter supported by a richer product mix and demand for personalisation of vehicles, but reiterated U.S. tariffs could hit profitability this yearThe Italian company said its ear...Reuters
Tue, May 6
Nokian Tyres posts big profit miss as Trump's tariffs drive uncertainty
May 6 (Reuters) - Finnish tyre maker Nokian TYRES.HE reported a much wider than expected operating loss for the first quarter on Tuesday, citing global uncertainty triggered by U.S. President Donald Trump's tariffs.Nokian's shares, which were flat before the report was published at midday lo...Reuters
Tue, May 6
Prince Harry's lawyers back in court against Daily Mail publisher
Prince Harry suing publisher of Daily MailHarry lost case against government last weekPrince gave emotional interview after defeatBy Michael Holden and Sam Tobin LONDON, May 6 (Reuters) - Lawyers for Prince Harry were back in court in London on Tuesday, days after he lost a legal fight with the g...Reuters
Tue, May 6
IDEAYA Biosciences Announces US FDA IND-Clearance For IDE849, A Potential First-In-Class DLL3 TOP1 ADC, For A Phase 1 Study In Solid Tumors
May 6 (Reuters) - IDEAYA Biosciences Inc IDYA.O:IDEAYA BIOSCIENCES ANNOUNCES US FDA IND-CLEARANCE FOR IDE849, A POTENTIAL FIRST-IN-CLASS DLL3 TOP1 ADC, FOR A PHASE 1 STUDY IN SOLID TUMORSIDEAYA BIOSCIENCES INC - TO START PHASE 1 STUDY IN U.S. BASED ON FDA GUIDANCEReuters
Tue, May 6
GM Files Pricing Term Sheet For $750 Million 5.350% Senior Notes Due 2028, $750 Million 5.625% Senior Notes Due 2030 - SEC Filing
May 6 (Reuters) - General Motors Co GM.N:GM FILES PRICING TERM SHEET FOR $750 MILLION 5.350% SENIOR NOTES DUE 2028, $750 MILLION 5.625% SENIOR NOTES DUE 2030 - SEC FILINGGM FILES PRICING TERM SHEET FOR $500 MILLION 6.250% SENIOR NOTES DUE 2035 - SEC FILINGSource text: [ID:n0001193125-25-113031]Reuters
Tue, May 6
Sunoco Parkland To Pay Termination Fee Of CAD$275 Million To Suncorp If Arrangement Agreement Is Terminated In Some Circumstances
May 6 (Reuters) - Parkland Corp PKI.TO:SUNOCO: PARKLAND TO PAY TERMINATION FEE OF CAD$275 MILLION TO SUNCORP IF ARRANGEMENT AGREEMENT IS TERMINATED IN SOME CIRCUMSTANCESSUNOCO LP: CAD$275M TERMINATION FEE TO PARKLAND IF AGREEMENT ENDS BEFORE EFFECTIVE TIME BY OUTSIDE DATESource text: [ID:n0001193125...Reuters
Tue, May 6
Ball Corp raises profit forecast on resilient aluminum packaging demand, cost controls
May 6 (Reuters) - Aluminum can maker Ball Corp BALL.N on Tuesday raised its annual profit forecast after beating analysts' estimates for first-quarter results, betting on resilient demand and a tight leash on costs.The company expects full-year comparable profit growth to be between 11% and 14%,...Reuters
Tue, May 6
Lufthansa chairman announces departure, search for successor on track
FRANKFURT, May 6 (Reuters) - Lufthansa LHAG.DE Chairman Karl-Ludwig Kley will not run again as head of the German airline group's supervisory board, he told an annual investors' meeting on Tuesday, adding that the search for a successor in 2026 was on track.Reuters
Tue, May 6
HK-listed Swire Pacific says unit to list on Thai exchange
May 6 (Reuters) - Hong Kong-listed Swire Pacific 0019.HK said on Tuesday its Thai unit, which is a bottling partner of Coca-Cola KO.N, will be listed on the Thailand stock exchange through a public offering of its shares. The unit, ThaiNamthip Corporation (TCPCL), would remain a non-wholly owned sub...Reuters
Tue, May 6
Tesla's UK, Germany new car sales at two-year low in April even as EV demand rises
Tesla's April car sales drop 62% in Britain, 46% in GermanyEV market share for Tesla in Britain falls to 9.3% Revamped Model Y deliveries expected to start in JuneBy Alessandro Parodi May 6 (Reuters) - Tesla's TSLA.O new car sales in Britain and Germany plummeted to their lowest in over t...Reuters
Tue, May 6
