News
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Tesla's UK sales lowest in over two years in April as Europe snubs Musk
By Alessandro Parodi May 6 (Reuters) - Tesla's TSLA.O new car sales in Britain plummeted 62% year-on-year in April to their lowest in over two years, even as demand for electric vehicles rose, data from research group New AutoMotive showed on Tuesday.Sales of billionaire Elon Musk's EV ca...Reuters
Tue, May 6
Dialysis firm FMC tops market expectations in 1st quarter
By Isabel DemetzMay 6 (Reuters) - World's largest dialysis specialist Fresenius Medical Care's FMEG.DE first-quarter results beat market expectations across the board on Tuesday, sending its shares 5% higher, as revenue grew organically in all its segments.While patient treatment in the U.S....Reuters
Tue, May 6
Geberit CEO: Expects Stabilizing Market Demand In Europe And Mixed Environment Overseas In 2025 - Conf Call
May 6 (Reuters) - GEBERIT AG GEBN.S:GEBERIT CEO: ON DIRECT MATERIALS SIDE EXPECTS PRICES TO BE STABLE IN Q2 COMPARED TO Q1 - CONF CALLGEBERIT CEO: EXPECTS FURTHER CHARGES RELATED TO BASEL PLANT CLOSURE IN 2025 AND IN 2026 - CONF CALLGEBERIT CEO: FOR 2025, EXPECTS STABILIZING MARKET DEMAND IN EUROPE ...Reuters
Tue, May 6
Chemical maker Covestro cuts 2025 profit forecast, plans more local production
Narrows 2025 EBITDA forecast to 1-1.4 billion eurosImplements regional production strategy amid US tariff threatCFO cites high transport costs, plans investments in Asia, USBy Patricia Weiss and Bartosz Dabrowski May 6 (Reuters) - Germany's Covestro 1COV.DE on Tuesday cut its 2025 core profit...Reuters
Tue, May 6
Merz fails to be elected chancellor by German parliament
BERLIN, May 6 (Reuters) - German conservative leader Friedrich Merz failed to garner the parliamentary majority needed to become chancellor on Tuesday in an unexpected setback for his new coalition with the centre-left Social Democrats.The lower house of parliament, or Bundestag, now has 14 days to ...Reuters
Tue, May 6
Continental well positioned in face of tariff uncertainty, CFO says
BERLIN, May 6 (Reuters) - German parts supplier Continental CONG.DE is well positioned to absorb the impact of global trade tensions and the group's full-year guidance would not automatically change in the case of further tariffs, its CFO told Reuters on Tuesday."It is clear, including when ...Reuters
Tue, May 6
We've stalled Russian attacks on Pokrovsk, says Ukraine army chief
KYIV, May 6 (Reuters) - Ukraine's military has stabilised the sector of the frontline around the town of Pokrovsk, where Russian forces have been attacking for months, Oleksandr Syrskyi, Ukraine's top military commander, said on Tuesday.In a post on social media platform Telegram, Syrskyi wr...Reuters
Tue, May 6
German bond yields at three week highs as investors await debt sales
LONDON, May 6 (Reuters) - Benchmark German government bond yields rose to their highest in three weeks on Tuesday as investors braced for debt sales from the United States and Germany.German 10-year bond yields DE10YT=RR dropped nearly 30 basis points in April as investors took refuge in the...Reuters
Tue, May 6
China, in response to CIA videos, warns of measures against 'infiltration and sabotage'
BEIJING, May 6 (Reuters) - China on Tuesday warned it would take all necessary measures to crack down on the "infiltration and sabotage activities of foreign anti-China forces,", in response to Chinese-language videos released by the CIA.A Chinese foreign ministry spokesperson called the vid...Reuters
Tue, May 6
China says it would welcome visit by top EU leaders at an appropriate time
BEIJING, May 6 (Reuters) - China would welcome visits by European Council President Antonio Costa and European Commission President Ursula von der Leyen at an appropriate time to jointly hold a new round of China-EU leaders' meetings, a Chinese foreign ministry spokesperson told a regular press ...Reuters
Tue, May 6
MediciNova Inc expected to post a loss of 14 cents a share - Earnings Preview
MediciNova Inc MNOV.OQ MNOV.O is expected to show no change in quarterly revenue when it reports results on May 8 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for MediciNova Inc is for a loss of 14 cents per share. The current average analyst rating on the shares...Reuters
Tue, May 6
Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets
HANOI, May 6 (Reuters) - Vietnamese budget airline Vietjet said on Tuesday it had bought a strategic stake in Kazakhstan's Qazaq Air to form a joint venture that will operate a fleet of at least 20 Boeing 737 aircraft.Vietjet said the joint venture, Vietjet Qazaqstan, was part of its internation...Reuters
Tue, May 6
Bavarian Nordic Wins Contract Options In US For Freeze-dried Smallpox/Mpox Vaccines
May 6 (Reuters) - Bavarian Nordic A/S BAVA.CO:AWARDED CONTRACT OPTIONS FROM THE U.S. GOVERNMENT FOR PRODUCTION AND SUPPLY OF FREEZE-DRIED SMALLPOX/MPOX VACCINESEXERCISED OPTIONS TOTAL USD 143.6 MILLIONSECURES MANUFACTURING AND SUPPLY OF FREEZE-DRIED JYNNEOS® TO U.S. IN 2026FINANCIAL GUIDANCE FOR 202...Reuters
Tue, May 6
Arcapita Acquires A Majority Stake In Trustpoint
May 6 (Reuters) - ARCAPITA GROUP HOLDINGS LIMITED (ARCAPITA):EXPANDS US PRIVATE EQUITY PORTFOLIO WITH THE ACQUISITION OF TRUSTPOINTCOMPLETES ACQUISITION OF A MAJORITY STAKE IN TRUSTPOINT.ONE (TRUSTPOINT), A LEADING PROVIDER OF TECH-ENABLED LEGAL SERVICES TO LAW FIRMS AND CORPORATE CLIENTS IN THE UNI...Reuters
Tue, May 6
Office space provider IWG touts record US business despite tariff threat
May 6 (Reuters) - Office space provider IWG IWG.L said on Tuesday its core activities were not directly impacted by trade tariffs imposed by President Donald Trump, and that its business indicators in the U.S. were at an all-time high."March was a record sales month, and lead indicators such as ...Reuters
Tue, May 6
Vietnam's Vietjet says to form joint venture with Qazaq Air
HANOI, May 6 (Reuters) - Vietnamese budget airline Vietjet said on Tuesday it had bought a strategic stake in Kazakhstan's Qazaq Air to a joint venture with the latter. The joint venture, Vietjet Qazaqstan, will operate a fleet of at least 20 Boeing 737 aircraft, Vietjet said in a statement.Reuters
Tue, May 6
OpenAI agrees to buy Windsurf for about $3 billion, Bloomberg News reports
May 5 (Reuters) - OpenAI has agreed to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Monday, citing people familiar with the matter. The deal has not yet closed, the report added. OpenAI declined to comment, while Windsurf did not immediat...Reuters
Tue, May 6
