News
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Badminton-China and Japan cruise into Sudirman cup semi-finals
XIAMEN, China, May 2 (Reuters) - Hosts and defending champions China booked their place in badminton's Sudirman Cup semi-finals with a 3-0 win over Malaysia on Friday, while Japan also advanced after beating Taiwan in the quarter-finals by the same score.The biennial mixed team championship saw ...Reuters
Fri, May 2
Rotork Implements Surcharge Increase Due To Higher Tariffs
May 2 (Reuters) - Rotork PLC ROR.L:ROTORK PLC - TRADING UPDATEROTORK PLC - SURCHARGE INCREASE IMPLEMENTED DUE TO HIGHER TARIFFSROTORK PLC - REVENUES MODESTLY LOWER YEAR-ON-YEAR IN Q1ROTORK PLC: EXPECT 2025 TO BE A YEAR OF PROGRESS ON AN OCC BASISReuters
Fri, May 2
Danske Bank Keeps Outlook For 2025 Unchanged
May 2 (Reuters) - Danske Bank A/S DANSKE.CO:DANSKE BANK Q1 NET INCOME DKK 5,800 MILLIONDANSKE BANK OUTLOOK FY NET INCOME DKK 21,000-23,000 MILLIONDANSKE BANK Q1 TOTAL INCOME DKK 13,900 MILLIONDANSKE BANK Q1 CET1 CAPITAL RATIO 18.4%DANSKE BANK Q1 NET INTEREST INCOME DKK 9,020 MILLIONDANSKE BANK Q1 NE...Reuters
Fri, May 2
Aalberts Q1 EBITA At EUR 105.7 Million
May 2 (Reuters) - Aalberts NV AALB.AS:AALBERTS REPORTS FIRST QUARTER 2025 RESULTSOUTLOOK: TARIFF AND TRADE POLICIES CREATE NEW MARKET UNCERTAINTIESQ1 EBITA EUR 105.7 MILLION , 13.6% EBITA MARGINQ1 REVENUE EUR 778.3 MLNWE FOCUS ON ACTIONS TO PROTECT OUR EBITA MARGIN AND OPTIMISE OUR FREE CASH FLOWReuters
Fri, May 2
Carlyle Group sells full stake in India's PNB Housing, Moneycontrol says
May 2 (Reuters) - U.S. private equity group Carlyle Group has sold its entire 10.44% stake in India's PNB Housing Finance PNBH.NS via block deals, business news website Moneycontrol reported on Thursday, citing a termsheet.Carlyle is the second-largest shareholder in the non-banking finance comp...Reuters
Fri, May 2
Trump makes first judicial nomination since returning to White House
By Nate Raymond May 1 (Reuters) - U.S. President Donald Trump announced late on Thursday his first judicial nomination since returning to the White House as he moved to appoint a lawyer serving under Tennessee's Republican attorney general to a seat on a federal appeals court.Trump said in a ...Reuters
Fri, May 2
Itochu President: The Impact Of U.S. Tariffs On Supply Chains Involving Multiple Countries Will Be Far-Reaching, Not Just The Countries Involved
May 2 (Reuters) - Itochu Corp 8001.T:ITOCHU PRESIDENT: THE IMPACT OF U.S. TARIFFS ON SUPPLY CHAINS INVOLVING MULTIPLE COUNTRIES WILL BE FAR-REACHING, NOT JUST THE COUNTRIES INVOLVEDITOCHU CFO: AIMING FOR A TOTAL RETURN RATIO OF 50% IN FY2025/26ITOCHU CFO: CONCERNED THAT U.S. TARIFFS WILL DAMPEN GLOB...Reuters
Fri, May 2
BASF confirms outlook but warns uncertainty from trade duties is high
FRANKFURT, May 2 (Reuters) - German chemicals giant BASF BASFn.DE on Friday reaffirmed its full-year earnings guidance but warned the outlook was fraught with high uncertainty because of U.S. tariffs and any reactions to them by other countries."Developments going forward will largely depend on ...Reuters
Fri, May 2
J&J-backed HistoSonics explores sale at $2.5 billion valuation, FT reports
May 2 (Reuters) - HistoSonics, a medical technology company backed by Johnson & Johnson JNJ.N, is exploring a potential sale at a valuation of more than $2.5 billion after receiving multiple takeover offers, the Financial Times reported on Friday.Medtronic MDT.N, GE HealthCare GEHC.O and J&J...Reuters
Fri, May 2
Trump signs order that aims to cut funding to NPR, PBS
By Kanishka Singh WASHINGTON, May 2 (Reuters) - Donald Trump signed an executive order that aims to cut funding to news outlets NPR and PBS, the White House said, marking the U.S. president's latest attempt to use federal funding as leverage against institutions he does not view favorably...Reuters
Fri, May 2
J&J-backed HistoSonics explores sale at $2.5 billion valuation, FT reports
May 2 (Reuters) - HistoSonics, a medical technology company backed by Johnson & Johnson JNJ.N, is exploring a potential sale after receiving multiple takeover approaches, the Financial Times reported on Friday, citing people familiar with the matter.The company is seeking a valuation of more tha...Reuters
Fri, May 2
JNJ-Backed Histosonics Is Pursuing A Sale After Fielding Takeover Bids, Seeking A Valuation Of More Than $2.5 Billion - FT
May 2 (Reuters) - JNJ-BACKED HISTOSONICS IS PURSUING A SALE AFTER FIELDING TAKEOVER BIDS, SEEKING A VALUATION OF MORE THAN $2.5BN - FTSource text: https://tinyurl.com/3y4d5h63Reuters
Fri, May 2
Trump to nominate Hermandorfer as US appeals court judge
May 1 (Reuters) - U.S. President Donald Trump on Thursday proposed Whitney Hermandorfer to serve as a judge on the United States Court of Appeals for the Sixth Circuit, he said on Truth Social, marking his first judicial nomination since returning to the White House.Reuters
Fri, May 2
Vinfast Signed $190 Million Syndicated Loan For Its Automobile Plant In Indonesia
May 2 (Reuters) - VinFast Auto Ltd VFS.O:VINFAST SIGNED US$190 MILLION SYNDICATED LOAN FOR ITS AUTOMOBILE PLANT IN INDONESIAVINFAST- SIGNED LONG-TERM SYNDICATED LOAN AGREEMENT VALUED AT $190 MILLION TO FINANCE CONSTRUCTION OF CO'S EV ASSEMBLY PLANT IN SUBANG, WEST JAVA, INDONESIAReuters
Fri, May 2
China low-value package tariff exemption ends but questions remain over US collections
US Customs says it is prepared to handle new inspection volumeAirlines, ocean vessel operators to collect new duties on parcelsDuties to be collected before goods are shipped out of China and Hong KongShipping industry concerned about renewed delays, disruptionsBy David Lawder and Lisa Baertlein ...Reuters
Fri, May 2
Basel boss signals 'Swiss finish' to capital rules is not unfair on UBS
Basel Committee's Esho says it's misleading to focus only on bank capital quantity UBS has argued against Swiss government's new capital plans Esho says he still expects major financial centres to implement Basel III By Ariane Luthi and Oliver Hirt ZURICH, May 2 (Reuters) - The head ...Reuters
Fri, May 2
US Supreme Court Justice Jackson criticizes Trump's attacks on judges
By Kanishka Singh WASHINGTON, May 1 (Reuters) - U.S. Supreme Court Justice Ketanji Brown Jackson said on Thursday attacks by Republican President Donald Trump and his allies on judges were "not random" and seemed "designed to intimidate the judiciary."U.S. Chief Justice John Rober...Reuters
Fri, May 2
