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Rheinmetall, Lockheed Martin extend cooperation
April 30 (Reuters) - Germany's Rheinmetall RHMG.DE and U.S. firm Lockheed Martin LMT.N have agreed to expand their cooperation and extended a memorandum of understanding signed in 2024, they said in a joint statement on Wednesday.The two defense groups will set up what they call a "center of...Reuters
Wed, Apr 30
RWE faces growing investor criticism as renewable returns dwindle
FRANKFURT, April 30 (Reuters) - RWE's RWEG.DE investors will crank up the pressure on Germany's top power producer on Wednesday, demanding bolder moves to close a valuation gap with rivals including bigger share buybacks and even a special dividend.The German utility, also the world's se...Reuters
Wed, Apr 30
China releases white paper on COVID-19 origins tracing, Xinhua reports
BEIJING, April 30 (Reuters) - China released a white paper on COVID-19 prevention, control and origins tracing on Wednesday, the state-run Xinhua news agency reported, lauding its own contributions while casting doubts on the United States.The next step in origin-tracing work should focus on the U.S...Reuters
Wed, Apr 30
Germany's Social Democrats approve coalition deal with conservatives - sources
BERLIN, April 30 (Reuters) - Germany's Social Democrats (SPD) approved a coalition agreement with the CDU/CSU conservatives, two sources close to the party said on Wednesday, clearing the last hurdle for the formation of a new government in Europe's largest economy. In the vote, which ended ...Reuters
Wed, Apr 30
Marvel's 'Thunderbolts*' to test Chinese appetite for Hollywood as trade war rages
Thunderbolts* first U.S. film to open in China since new trade war began China has long limited Hollywood releases but this month announced further curbsEven before latest curbs, Chinese audiences seen shifting away from U.S. moviesBy Casey Hall and Sophie Yu SHANGHAI, April 30 (Reuters) - New Di...Reuters
Wed, Apr 30
Mercedes pulls earnings guidance amid Trump tariff uncertainty
Q1 EBIT drops 41% to 2.3 billion euros In talks with Trump team to boost US manufacturing presenceQ1 car and van sales down 10% in Europe, China; up 1% in USBy Rachel More and Nick Carey BERLIN, April 30 (Reuters) - Mercedes-Benz MBGn.DE on Wednesday pulled its earnings guidance for 2025 amid unc...Reuters
Wed, Apr 30
France says Bessent receptive to idea of zero reciprocal tariffs
PARIS, April 30 (Reuters) - U.S. Treasury Secretary Scott Bessent is receptive to the idea of zero reciprocal tariffs between France and the United States, French finance minister Eric Lombard said, as France and the European Union continue tariff talks with the U.S."He told me that this was not...Reuters
Wed, Apr 30
SK Innovation expects refining margins to gradually improve in Q2
SEOUL, April 30 (Reuters) - SK Innovation Co Ltd 096770.KS, owner of South Korea's biggest oil refiner SK Energy, said on Wednesday it expects refining margins to gradually recover in the June quarter backed by higher driving season consumption. The company posted an operating loss of 45 billion...Reuters
Wed, Apr 30
South Korea's DN Solutions scraps IPO plan amid tariff turmoil
By Heekyong Yang SEOUL, April 30 (Reuters) - South Korean industrial tools maker DN Solutions said on Wednesday it had dropped a plan for an initial public offering worth up to 1.6 trillion won ($1.12 billion), citing difficulties in getting a proper valuation due to major uncertainties in financ...Reuters
Wed, Apr 30
Fadel Partners Posts FY Annual Recurring Revenue Of $9.9 Million
April 30 (Reuters) - Fadel Partners Inc FADL.L:FADEL PARTNERS INC FY ANNUAL RECURRING REVENUE (ARR) TO $9.9 MILLIONFADEL PARTNERS INC: MINDFUL OF INCREASED UNCERTAINTY FACING OUR CLIENTS, INCLUDING IMPACT OF EVOLVING TARIFF POLICIES ACROSS WORLDReuters
Wed, Apr 30
Lockheed Martin And Rheinmetall To Join Forces On Centre Of Excellence For European Security
April 30 (Reuters) - RHEINMETALL AG RHMG.DE:LOCKHEED MARTIN AND RHEINMETALL TO JOIN FORCES ON CENTRE OF EXCELLENCE FOR EUROPEAN SECURITYAN EXTENSION OF AN ALREADY EXISTING MEMORANDUM OF UNDERSTANDING (MOU) FROM JUNE 2024 HAS BEEN SIGNED BETWEEN BOTH PARTNERSCENTRE OF EXCELLENCE, BASED IN GERMANY, ...Reuters
Wed, Apr 30
Badminton-Hong Kong, Canada on the board with wins at Sudirman Cup
XIAMEN, China, April 30 (Reuters) - Hong Kong and Canada are already out of contention for the Sudirman Cup quarter-finals but both sides ended their campaigns on a high with victories at the biennial mixed team competition on Wednesday.Hong Kong enjoyed a 5-0 sweep of Algeria in Group A, where reco...Reuters
Wed, Apr 30
Certa confirms more than 110 million pounds of tax risks capacity alongside senior hires
By Michael JonesApril 30 - (The Insurer) - MGA Certa Insurance Partners now offers more than 110 million pounds ($147 million) of capacity for tax risks, the company said on Tuesday, while also announcing the hires of Alexander von Reuss and Wilson Hill.The tax MGA said it also has more than 25 mill...Reuters
Wed, Apr 30
SIG Posts Group Like-For-Like Sales Growth Of 2% In Q1 2025
April 30 (Reuters) - SIG PLC SHI.L:SIG PLC - TRADING UPDATESIG PLC - GROUP LIKE-FOR-LIKE SALES GROWTH OF 2% IN Q1 2025SIG PLC - MAINTAINS 2025 FULL YEAR OUTLOOKSIG PLC - QTRLY GROUP LFL SALES UP 2% YEAR-ON-YEAR AT £636MSIG PLC: EXPECT LITTLE DIRECT IMPACT FROM ANY POTENTIAL CHANGES IN CROSS BORDER ...Reuters
Wed, Apr 30
Aston Martin Lagonda Q1 Pretax Loss GBP 79.6 Mln
April 30 (Reuters) - Aston Martin Lagonda Global Holdings PLC AML.L:ASTON MARTIN LAGONDA Q1 EBIT GBP -67.3 MILLIONASTON MARTIN LAGONDA Q1 PRETAX PROFIT GBP -79.6 MILLIONASTON MARTIN LAGONDA Q1 REVENUE GBP 233.9 MILLIONASTON MARTIN LAGONDA Q1 ADJUSTED EBIT GBP -64.5 MILLIONASTON MARTIN LAGONDA Q1 ADJ...Reuters
Wed, Apr 30
Iberdrola Reaffirms 2025 Net Profit Guidance At Mid To High Single-Digit Growth Excluding Positive Impact Of Past Cost Recognition In US
April 30 (Reuters) - Iberdrola SA IBE.MC:REAFFIRMING 2025 NET PROFIT GUIDANCE AT MID TO HIGH SINGLE-DIGIT GROWTH EVEN EXCLUDING POSITIVE IMPACT OF PAST COST RECOGNITION IN USSTRONG PERFORMANCE EXPECTED OVER THE REST OF THE YEAR2025 NET PROFIT GUIDANCE REACHING DOUBLE-DIGIT GROWTH INCLUDING THIS IMPA...Reuters
Wed, Apr 30
