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Carney aims for global leadership role against Trump after Canada election win
Carney's global experience boosts international credibility, experts sayPM seen expanding trade with Europe, Australia, Asian democraciesTrump factor moving support in Australia election, pollster saysWin not seen as likely template for center-left politicians globallyBy Rod Nickel OTTAWA, Ap...Reuters
Tue, Apr 29
Spotify forecasts subscribers, monthly users above estimates
By Jaspreet Singh April 29 (Reuters) - Spotify SPOT.N forecast monthly active users and premium subscribers for the second quarter above market estimates on Tuesday, signaling strong demand for its audio streaming services as it leans on AI features to drive growth.However, the company's oper...Reuters
Tue, Apr 29
Britain's PRA stops short of daily liquidity monitoring amid Trump tariff turmoil
By Sinead Cruise and Lawrence White LONDON, April 29 (Reuters) - Britain's banking stability watchdog has not yet seen reason to require banks to report daily liquidity levels despite the market chaos unleashed by U.S. President Donald Trump's tariffs, Prudential Regulation Authority CEO ...Reuters
Tue, Apr 29
India, US make "positive progress" on trade pact, India says
NEW DELHI, April 29 (Reuters) - India and the United States have made "positive progress" in their negotiations last week to clinch a bilateral trade agreement, the Indian government said in a statement on Tuesday. Officials from the two countries discussed the path for concluding the first ...Reuters
Tue, Apr 29
Merck to invest $1 billion in new Delaware plant to boost US manufacturing, WSJ reports
April 29 (Reuters) - Merck MRK.N is investing $1 billion in a Delaware plant to expand its U.S. manufacturing as it prepares to deal with looming tariff impact, the Wall Street Journal reported on Tuesday.Reuters
Tue, Apr 29
Wilmar International Posts Qtrly Core Net Profit $343 Million
April 29 (Reuters) - Wilmar International Ltd WLIL.SI:QTRLY CORE NET PROFIT $343 MILLIONQ1 EBITDA USD 1,087.503 MILLIONQ1 REVENUE USD 16,205.192 MILLIONQ1 NET INCOME USD 343.89 MILLIONOUTLOOK FOR REST OF YEAR EXPECTED TO REMAIN UNCERTAIN WITH INCREASED VOLATILITY ARISING FROM TARIFFS BY USReuters
Tue, Apr 29
Britain's banking watchdog stops short of daily liquidity monitoring amid Trump tariff turmoil
LONDON, April 29 (Reuters) - Britain's banking stability watchdog has not yet seen reason to require the banking sector to report daily liquidity levels despite the market chaos unleashed by U.S. President Donald Trump's tariffs, Prudential Regulation Authority CEO Sam Woods told a hearing o...Reuters
Tue, Apr 29
Porsche will 'definitely' raise prices if US tariffs remain in place
FRANKFURT, April 29 (Reuters) - Porsche P911_p.DE will raise prices in the United States later this year if tariffs implemented in April will remain in place, the group's finance chief said on Tuesday after presenting a major drop in first-quarter profit margins."If negotiations do not turn ...Reuters
Tue, Apr 29
Circle Secures In-Principle Regulatory Approval from ADGM’s FSRA
April 29 (Reuters) - CIRCLE INTERNET GROUP, INC.:CIRCLE INTERNET GROUP - RECEIVES IN-PRINCIPLE APPROVAL FROM FSRA OF ADGM TO OPERATE AS MONEY SERVICES PROVIDERCIRCLE - ALSO ANNOUNCES STRATEGIC COLLABORATION WITH HUB71 TO STRENGTHEN INNOVATION WITHIN DIGITAL ASSETS SPACECIRCLE - CIRCLE AND HUB71 WILL...Reuters
Tue, Apr 29
CORRECTED-PIB claims Howden used 'recruiting sergeants' in Acquinex poaching case
By Ryan HewlettApril 28 - (The Insurer) - PIB Group and its MGA Acquinex claim Howden used "recruiting sergeants” who formed a WhatsApp group to orchestrate the hiring of its warranty and indemnity (W&I) insurance team in January this year, court documents show.PIB is suing Howden in the UK ...Reuters
Tue, Apr 29
Cyber GWP rises to $15.85 billion with ample room for growth: Howden Re
Cyber reinsurance market sees increased capacity and competition, Howden Re reportsTop reinsurers dominate market, raising concerns about future growth balanceCarriers focus reinsurance spend on tail-risk protection rather than broad-based capital reliefBy Michael JonesApril 29 - (The Insurer) - Inc...Reuters
Tue, Apr 29
US trade agency adds Mexico to priority watch list over intellectual property
Eight countries, including China and India, on priority watch listMain watch list now includes 18 countries; Turkmenistan removedReport release comes amid trade negotiations over tariffsBy Andrea Shalal WASHINGTON, April 29 (Reuters) - The U.S. Trade Representative's office on Tuesday placed ...Reuters
Tue, Apr 29
Trump administration withholding $436.87 billion in approved spending, top Democrats say
Democrats claim $436.87 billion in funds withheld by Trump administrationFunds frozen include $42 billion for State Department, $62 billion for TransportationWhite House cites efficiency and policy changes for withholding fundsBy Bo Erickson WASHINGTON, April 29 (Reuters) - U.S. President Don...Reuters
Tue, Apr 29
Russia says it's waiting for Ukraine's response to May ceasefire and offer of direct talks
MOSCOW, April 29 (Reuters) - The Kremlin said on Tuesday that Ukraine had not responded to many offers by Russia President Vladimir Putin to start direct peace negotiations, and that it was unclear whether it would join a three-day ceasefire he has announced for next month. "It was Presid...Reuters
Tue, Apr 29
China's Xi visits New Development Bank, Xinhua reports
BEIJING, April 29 (Reuters) - Chinese President Xi Jinping visited the New Development Bank in Shanghai on Tuesday, meeting with its president, Dilma Rousseff, the state-run Xinhua news agency reported.China will support the operation and development of the New Development Bank as always, Xi said, a...Reuters
Tue, Apr 29
Gates, others launch $500 million maternal, newborn health fund, bucking aid cuts trend
By Jennifer Rigby LONDON, April 29 (Reuters) - A group of philanthropies including the Gates Foundation has set up a fund backed with nearly $500 million to help save the lives of newborn babies and mothers in sub-Saharan Africa, standing out against a bleak global health funding landscape.The Be...Reuters
Tue, Apr 29
PRESS DIGEST- New York Times business news - April 29
April 29 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars a...Reuters
Tue, Apr 29
Swiss Nylon maker EMS Chemie's sales dip, 2025 looks 'challenging'
By Alberto Chiumento April 29 (Reuters) - Swiss nylon maker EMS Chemie EMSN.S reported a 4% decline in first-quarter net sales on Tuesday, citing market-driven lower prices and cost levels and warning of "a particularly challenging economic environment" in 2025.The European chemical indus...Reuters
Tue, Apr 29
