News
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Porsche saw tariff hit of at least 100 mln eur in April, May
FRANKFURT, April 29 (Reuters) - Porsche P911_p.DE suffered a hit in the "low triple-digit million euro" range in April and May as a result of U.S. car import tariffs, its finance chief said, adding the company had so far not launched any countermeasures.Jochen Breckner, speaking after presen...Reuters
Tue, Apr 29
HelloFresh Q1 revenue falls in line with expectations
By Paolo Laudani April 29 (Reuters) - HelloFresh HFGG.DE reported first-quarter revenue in line with expectations and confirmed its full-year outlook on Tuesday as the German meal-kit maker aims to reduce costs.Shares rose 7% to the top of the German midcap index .MDAXI by 0723 GMT.Its revenue me...Reuters
Tue, Apr 29
Carlsberg CEO: We Have No Direct Exposure To US Tariffs
April 29 (Reuters) - Carlsberg A/S CARLb.CO:CARLSBERG CEO: APRIL HAS NOT SHOWN ANY SIGNS OF DETERIORATION ON CONSUMER BEHAVIOUR ACROSS OUR MARKETSCARLSBERG CEO: WE ARE A RESILIENT INDUSTRY BUT WE EXPECT PROLONGED UNCERTAINTY TO IMPACT CONSUMER SPENDING AT SOME POINTCARLSBERG CEO: WE ARE NOT PLANNING...Reuters
Tue, Apr 29
Deutsche Bank posts 39% rise in first-quarter profit, but tariffs weigh
Makes additional provisions for possible tariff impactBank makes up losses incurred during 2015-2019On track to meet 2025 targets, CEO saysBy Tom Sims and Matthias Inverardi FRANKFURT, April 29 (Reuters) - Deutsche Bank DBKGn.DE on Tuesday posted a 39% rise in first-quarter profit after its globa...Reuters
Tue, Apr 29
Gjensidige Q1 combined ratio improves to 86.9%
Combined ratio improves by 5.2 percentage points year on yearInsurance service result from general insurance operations up 84%Commercial insurance service result up 52.5% to 1.10 billion crowns (Q1 2024: 724.3 million crowns)By Rebecca DelaneyApril 29 - (The Insurer) - Norwegian insurer Gjensidige F...Reuters
Tue, Apr 29
Russian drone attack kills child in central Ukraine, Kyiv says
KYIV, April 29 (Reuters) - Russian drone attacks killed a 12-year-old girl in central Ukraine and wounded three people in the capital Kyiv overnight, Ukrainian officials said on Tuesday. One drone hit a residential building in Samarivskyi district in the central Dnipropetrovsk region, Ukraine'...Reuters
Tue, Apr 29
Touchstone Exploration Amends Deal With Shell Trinidad Central Block Ltd To Extend Long-Stop Date
April 29 (Reuters) - Touchstone Exploration Inc TXP.TO:TOUCHSTONE EXPLRTN. - ACQUISITION UPDATETOUCHSTONE EXPLORATION INC - AGREEMENT AMENDED TO EXTEND LONG-STOP DATE TO MAY 12, 2025TOUCHSTONE EXPLORATION INC - MAKES SIGNIFICANT PROGRESS WITH LENDER FOR FINANCINGReuters
Tue, Apr 29
UK PM welcomes Carney's 'leadership on international issues'
LONDON, April 29 (Reuters) - British Prime Minister Keir Starmer congratulated Mark Carney on his victory in the Canadian election, saying he welcomed his leadership on international issues and expected to keep working closely with him on defence and other matters."I welcome your leadership on ...Reuters
Tue, Apr 29
AstraZeneca Says Chinese Authorities Finished Probes Over Drug Imports & Personal Information Infringement
April 29 (Reuters) - AstraZeneca PLC AZN.L:CHINESE AUTHORITIES FINISHED PROBES INTO ASTRAZENECA OVER DRUG IMPORTS AND PERSONAL INFORMATION INFRINGEMENT, ASTRAZENECA SAYSCHINESE AUTHORITIES REFERRED THE TWO CASES TO PROSECUTOR IN SHENZEN, ASTRAZENECA SAYSSource text: [ID:]Reuters
Tue, Apr 29
Bakkavor Group Announces Sale Of China Operations
April 29 (Reuters) - Bakkavor Group Plc BAKK.L:SALE OF CHINA OPERATIONSPROPOSED DEAL FOR CASH CONSIDERATION IS RMB C.500M (C.£50M) ON A CASH AND DEBT-FREE BASISCASH CONSIDERATION IS RMB C.500MTRANSACTION PROCEEDS DILUTIVE TO GROUP ADJUSTED OPERATING PROFIT MARGIN, WILL SUPPORT DELIVERY OF GROUP'...Reuters
Tue, Apr 29
Alphawave IP Group Extends Qualcomm PUSU Deadline To 12 May
April 29 (Reuters) - Alphawave IP Group PLC AWE.L:ALPHAWAVE IP GROUP QUALCOMM INC - EXTENSION OF PUSU DEADLINEALPHAWAVE IP GROUP QUALCOMM INC - EXTENSION OF PUSU DEADLINEALPHAWAVE IP GROUP PLC - ALPHAWAVE AND QUALCOMM ARE NOW ENGAGED IN DISCUSSIONSALPHAWAVE IP GROUP PLC - PUSU DEADLINE EXTENDED TO...Reuters
Tue, Apr 29
Beazley posts 2% IWP growth in Q1
Insurance written premiums increased by 2% to $1.51 billionPremium rates on renewal business decreased by 4% in Q1Full-year undiscounted combined ratio guidance remains at mid-80sBy Ryan HewlettApril 29 - (The Insurer) - Beazley posted top-line growth of 2% for the first quarter on Tuesday and maint...Reuters
Tue, Apr 29
Amplifon Acquires 24 Point Of Sales In Arizona
April 29 (Reuters) - Amplifon SpA AMPF.MI:GROWS IN THE USA WITH THE ACQUISITION OF TWO COMPANIES WITH 24 LOCATIONS IN ARIZONAMIRACLE-EAR NETWORK IN USA EXCEEDS 420 DIRECT LOCATIONSBOTH COMPANIES, BELONGING TO SAME OWNERSHIP, REPRESENT FOURTH LARGEST FRANCHISEE OF MIRACLE EARReuters
Tue, Apr 29
UK takeover panel gives Qualcomm more time to make bid for Alphawave
April 29 (Reuters) - British semiconductor company Alphawave IP Group AWE.L on Tuesday said the UK takeover panel has extended the deadline for a takeover offer by U.S. chipmaker Qualcomm QCOM.O to May 12.Alphawave said it is in discussions with Qualcomm and, accordingly, agreed to extend the previo...Reuters
Tue, Apr 29
Astrazeneca Recieves Appraisal Opinion From Shenzhen City Customs Office Regarding Suspected Unpaid Importation Taxes Amounting To $1.6 Mln
April 29 (Reuters) - AstraZeneca PLC AZN.L:ASTRAZENECA Q1 CORE EPS $2.49ASTRAZENECA - Q1 TOTAL REVENUE $13,588 MILLIONASTRAZENECA: GOT APPRAISAL OPINION FROM SHENZHEN CITY CUSTOMS OFFICE REGARDING SUSPECTED UNPAID IMPORTATION TAXES AMOUNTING TO $1.6 MILLIONQ1 EARNINGS PER SHARE VIEW $2.21, REVENUE ...Reuters
Tue, Apr 29
QUOTES-Reactions to Canada's election results
April 29 (Reuters) - Canada's ruling Liberals held on to power in elections on Monday, but fell short of the majority government Prime Minister Mark Carney wanted to help him negotiate over tariffs with U.S. President Donald Trump.Here are some reactions to the results: PRIME MINISTER MARK C...Reuters
Tue, Apr 29
