News
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Trump says IBM and Raytheon might get contract to modernize air traffic controller system
April 30 (Reuters) - President Donald Trump said on Wednesday that the companies Raytheon Technologies RTX.N and IBM IBM.N may get the contract to modernize the nation's air traffic controller system.Trump added there are five companies who could do the work.Reuters
Wed, Apr 30
Putin says he's sure Russia will eventually restore ties with Europe
MOSCOW, April 30 (Reuters) - Russian President Vladimir Putin said on Wednesday that he had no doubt that Moscow would sooner or later repair its relations with European countries.Speaking at a forum in Moscow, Putin said many in Europe share Russia's position on certain issues.Reuters
Wed, Apr 30
AerCap receives Q1 insurance settlement for aircraft total loss
By Ryan HewlettApril 30 - (The Insurer) - Dublin-based aircraft lessor AerCap said in a trading update on Wednesday that it had received cash insurance settlement proceeds from insurers relating to the “total loss” of an aircraft.Peter Juhas, AerCap’s chief financial officer, told analysts on an ear...Reuters
Wed, Apr 30
Trump: Fair China trade means managing intellectual property rights
WASHINGTON, April 30 (Reuters) - U.S. President Donald Trump said on Wednesday that he hopes for a deal with China at a certain point, adding that he thinks fairness in trade includes managing intellectual property rights.Reuters
Wed, Apr 30
EssilorLuxottica to consider moving part of its production to US
MILAN, April 30 (Reuters) - Eyewear maker EssilorLuxottica ESLX.PA, whose brands include Ray-Ban, could move part of its production to the United States as a result of U.S. tariffs, its chief executive said on Wednesday."We won't rush a decision," CEO Francesco Milleri told a shareholder...Reuters
Wed, Apr 30
Akwel Q1 Turnover At EUR 255.6 Mln
April 30 (Reuters) - Akwel SA AKW.PA:TURNOVER FOR THE FIRST QUARTER OF 2025Q1 TURNOVER AT EUR 255.6 MILLIONCONSOLIDATED NET CASH EXCLUDING IMPACT OF LEASE LIABILITIES REACHED EUR 149.6 MILLION AT END-MARCHCONFIRMS IT ANTICIPATES DECREASE IN 2025 REVENUE COMPARABLE TO THAT RECORDED LAST YEARReuters
Wed, Apr 30
Google hopes to reach Gemini deal with Apple this year
By Jody Godoy April 30 (Reuters) - Google hopes to enter an agreement with Apple by the middle of this year to include its Gemini AI technology on new phones, CEO Sundar Pichai said in testimony at an antitrust trial in Washington on Wednesday. Pichai testified in the Alphabet GOOGL.O unit&#...Reuters
Wed, Apr 30
Saudi wealth fund PIF raises $1.25 bln from year's second debt sale
By Shamsuddin Mohd, Hadeel Al Sayegh and Mohd Edrees April 30 (Reuters) - Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has sold $1.25 billion in 7-year sukuk, tapping the bond market for the second time this year as it pours billions of dollars into an ambitious pr...Reuters
Wed, Apr 30
Nvidia CEO says Trump should revise AI chip export rules, Bloomberg News reports
April 30 (Reuters) - Nvidia NVDA.O CEO Jensen Huang said he would like the Trump administration to change the regulations related to exporting AI technology from the U.S. for businesses to better capitalize on future opportunities, Bloomberg News reported on Wednesday. The administration is consider...Reuters
Wed, Apr 30
Airbus first-quarter earnings beat forecasts, maintains targets
PARIS, April 30 (Reuters) - Europe’s Airbus AIR.PA posted stronger-than-expected revenues and core profit for the first quarter and reaffirmed targets for the year, while stressing it was too early to quantify the impact of tariffs.The world’s largest planemaker said its widely watched adjusted op...Reuters
Wed, Apr 30
CinFin reports $429 million wildfire recovery from primary cat reinsurance treaty
By Michael LoneyApril 30 - (The Insurer) - Cincinnati Financial reported net losses from the California wildfires of $449 million in the first quarter, with a $429 million recovery from its primary property catastrophe reinsurance treaty and a $38 million recovery from Cincinnati Re’s retro program....Reuters
Wed, Apr 30
Electric plane maker Heart Aerospace moves to US in blow to Sweden
OSLO, April 30 (Reuters) - Hybrid-electric airplane maker Heart Aerospace will relocate its headquarters and operations to Los Angeles from Sweden's Gothenburg, in a bid to boost its product development in the United States, the company said in a statement on Wednesday.Heart Aerospace is develop...Reuters
Wed, Apr 30
Exclusive: MS Transverse lands Chandler as chief revenue officer
By David BullApril 30 - (The Insurer) - Former BMS Re CEO and Guy Carpenter executive Pete Chandler has joined MS Transverse as chief revenue officer, with the fast-growing hybrid fronting carrier also promoting Ethan Allen to the newly created role of chief program officer.In a statement confirming...Reuters
Wed, Apr 30
Melrose shareholders reject directors' remuneration report at annual meet
April 30 (Reuters) - GKN Aerospace owner Melrose MRON.L said on Wednesday its shareholders had rejected its directors' remuneration report for the year ending December 31, 2024, at the 2025 annual general meeting.The report was rejected with 65.63% of votes against it. The board expressed disapp...Reuters
Wed, Apr 30
America Movil is monitoring Mexico telecoms law proposal and providing views to lawmakers, exec says
MEXICO CITY, April 30 (Reuters) - An executive of Mexican telecoms giant America Movil said Wednesday that the company was monitoring a telecoms law proposal by President Claudia Sheinbaum and offering its views to lawmakers. Sheinbaum has argued the controversial telecommunications bill would preve...Reuters
Wed, Apr 30
US House panel weighs cuts in consumer, audit oversight
House Financial Services Committee set to consider draft legislation Lawmakers consider funding cut for CFPBLegislation would effectively eliminate auditor watchdogBy Pete Schroeder and Chris Prentice WASHINGTON, April 30 (Reuters) - A U.S. congressional panel is considering legislation on Wednes...Reuters
Wed, Apr 30
FCC to vote to bar Chinese labs deemed security risks from testing US electronics
By David Shepardson WASHINGTON, April 30 (Reuters) - The Federal Communications Commission will vote on May 22 to finalize a rule that will bar Chinese labs deemed a risk to U.S. national security from testing electronic devices like smartphones, cameras and computers for use in the United States...Reuters
Wed, Apr 30
