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UN agencies for food, refugees plan deep cuts as funding plummets, documents show
GENEVA, April 25 (Reuters) - The U.N. agencies for food and refugees are planning deep cuts due to unprecedented funding shortfalls, with the former set to reduce its workforce by up to 30%, affected up to 6,000 jobs.In an internal memo sent to staff on April 24, World Food Programme (WFP) director ...Reuters
Fri, Apr 25
Advertising group WPP waits to assess tariff damage
Sticks to outlook that already reflected tough environmentQ1 organic revenue falls 2.7%, in line with expectationsShares 0.5%By Paul Sandle LONDON, April 25 (Reuters) - WPP WPP.L said its clients were waiting to see how damaging tariffs become before deciding whether to change their budgets, limi...Reuters
Fri, Apr 25
Asetek Expects 2025 Total Revenue In Range Of $45 To $53 Mln
April 25 (Reuters) - Asetek A/S ASTK.CO:ASETEK OUTLOOK FY REVENUE USD 5-10 MILLIONREVISES SIMSPORTS REVENUE OUTLOOK TO $5-$10 MILLION FOR 2025GUIDANCE FOR LIQUID COOLING SEGMENT REMAINS UNCHANGEDTOTAL GROUP REVENUE FOR 2025 IS NOW EXPECTED TO BE IN RANGE OF $45 TO $53 MILLION, COMPARED TO PREVIOUS G...Reuters
Fri, Apr 25
Indian airlines to suffer higher costs, detours in ban from Pakistan airspace
Pakistan-India tensions take toll on top Indian airlines Flights to take longer routes after Pakistan airspace shut Indian pilot says flying hours, rosters will need to be reworkedIndian airlines suffered losses in 2019 due to similar moveBy Abhijith Ganapavaram, Aditya Kalra and Aditi Shah NEW D...Reuters
Fri, Apr 25
Motor racing-McLaren to exit Formula E at end of the season
LONDON, April 25 (Reuters) - McLaren will leave the all-electric Formula E championship at the end of the 2024-25 season to focus on Formula One, IndyCar and a new hypercar project from 2027 in the World Endurance Championship.The reigning Formula One constructors champions said in a statement on Fr...Reuters
Fri, Apr 25
EXCLUSIVE-Documents show differences over U.S. peace drive for Ukraine
US is seeking a quick end to war in Ukraine US officials met Europeans, Ukrainians in Paris and LondonProposals and counterproposals set out in two documentsThe two texts show areas of divergence at the talks LONDON, April 25 (Reuters) - Ukrainian and European officials pushed back this week aga...Reuters
Fri, Apr 25
Senior Russian military officer killed in car explosion in Moscow region, Russian media report
MOSCOW, April 25 (Reuters) - A senior Russian military officer was killed on Friday after a car exploded in the town of Balashikha in the Moscow region, Russian news outlets Mash and Shot reported.Mash named the officer as Yaroslav Moskalik, deputy head of the Main Operations Directorate of the Gene...Reuters
Fri, Apr 25
China calls for confidence, determination, strategy amid 'high-intensity' trade frictions
BEIJING, April 25 (Reuters) - China should be confident, determined, and adopt strategic approaches as the country's trade frictions entered a "high-intensity stage", a commerce ministry readout of a national work conference on responding to trade frictions showed on Friday. The meetin...Reuters
Fri, Apr 25
Beijing accuses Washington of 'misleading the public' about trade talks
BEIJING, April 25 (Reuters) - China's foreign ministry urged Washington on Friday to stop "misleading the public" on bilateral tariff negotiations, and said it wasn't familiar with reports on whether Beijing was planning to exempt tariffs on some U.S. imports. "The Unite...Reuters
Fri, Apr 25
Holcim beats first-quarter forecasts ahead of Amrize spin-off
Holcim posts recurring operating profit of 515 million Swiss francs for first quarter of 2025, beating forecasts;Says is well prepared to navigate economic uncertainty due to local-to-local business model;No projects cancelled so far in the U.S. despite unfavourable weather conditions at beginning o...Reuters
Fri, Apr 25
Soccer-Bayern Munich keeping title talk to a minimum ahead of Mainz game, coach says
MUNICH, Germany, April 25 (Reuters) - No one at Bayern Munich is even talking about a potential Bundesliga title win in Saturday's home game against Mainz 05, coach Vincent Kompany said on Friday.The Bavarians, eight points clear with four matches left, could seal their 34th league crown with a ...Reuters
Fri, Apr 25
Crowds file into St. Peter's on last day to pay respects to Pope Francis
Huge queues, long wait to get to see Pope FrancisRome braces as foreign leaders arrive for Saturday's funeral130 delegations, including President Trump, to attendBy Joshua McElwee and Giulia Segreti ROME, April 25 (Reuters) - Tens of thousands filed into St. Peter's Basilica at the Va...Reuters
Fri, Apr 25
AmCham China president says pharma companies have reported tariff exemptions on China imports
BEIJING, April 25 (Reuters) - American Chamber of Commerce in China President Michael Hart said companies in the pharmaceutical sector had reported that they had been able to import drugs to China in the past week with tariff exemptions. He said he believed that the exemptions granted by China were ...Reuters
Fri, Apr 25
PRESS DIGEST- New York Times business news - April 25
April 25 (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.- U.S. President Donald Trump directed the Justice Department to investigate ActBlue, the fund-raising platform that powers virtua...Reuters
Fri, Apr 25
Congo and Rwanda to sign agreement on peace, economic development in Washington, sources say
April 25 (Reuters) - Congo and Rwanda plan to sign an agreement in Washington on Friday to promote peace and economic development, sources told Reuters, part of a diplomatic push to end violence after an advance by Rwandan-backed rebels in eastern Congo. The agreement, expected be signed by the two ...Reuters
Fri, Apr 25
Thailand to negotiate with U.S. on tariffs for mutual benefits, minister says
BANGKOK, April 25 (Reuters) - Thailand will eventually be able to negotiate tariffs with the United States so that both sides can benefit, its commerce minister said on Friday. Full-year exports will not be bad, though they will be bumpy, Commerce Minister Pichai Naripthaphan told a business seminar...Reuters
Fri, Apr 25
PRESS DIGEST - Wall Street Journal - April 25
April 25 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Germany's Merck KGaA MRCG.DE said on Thursday it is in late-stage talks to acquire U.S.-based SpringWorks Therapeutics SWTX.O for abou...Reuters
Fri, Apr 25
Holcim says projects in U.S. continue despite economic uncertainty
ZURICH, April 25 (Reuters) - Swiss building material supplier Holcim HOLN.S on Friday said projects in the U.S. had been delayed due to bad weather, but there had been no cancellations so far despite economic uncertainty. "The pipeline for us is very healthy," CEO Miljan Gutovic told reporte...Reuters
Fri, Apr 25
