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Thales posts higher quarterly revenue, maintains targets
PARIS, April 24 (Reuters) - French defence, aerospace and cyber group Thales TCFP.PA reaffirmed its full-year forecasts on Thursday after posting stronger-than-expected first-quarter revenue, though new orders dropped compared with major arms deals recorded a year earlier.The company, whose portfoli...Reuters
Thu, Apr 24
Hyundai Motor reports 2% rise in Q1 operating profit
SEOUL, April 24 (Reuters) - Hyundai Motor 005380.KS reported a 2% rise in first-quarter operating profit on Thursday, meeting analysts' estimates, as customers accelerated purchases ahead of U.S. tariffs and as it also benefited from a weak South Korean won.Hyundai, which together with affiliate...Reuters
Thu, Apr 24
Nestle beats first-quarter organic sales estimates
LONDON, April 24 (Reuters) - Nestle NESN.S posted better-than-expected first-quarter organic sales growth on Thursday as the world's biggest packaged food company hiked prices for its Kit-Kat chocolate wafer bars and Nescafe coffee.The Swiss company maintained its 2025 outlook, saying it still e...Reuters
Thu, Apr 24
PRESS DIGEST- New York Times business news - April 24
April 24 (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 has begun dismantling a small independent agency that aids the economic development of poor but stable ...Reuters
Thu, Apr 24
Kimberly-Clark's $4 billion international tissue unit set for three-way M&A fight, sources say
A deal could fetch around $4 billion, sources sayBidders expected to submit binding bids by mid-May, sources sayThe international business generates around $500 million in annual EBITDA, sources sayBy Kane Wu, Yantoultra Ngui and Luciana Magalhaes HONG KONG/SINGAPORE, April 24 (Reuters) - Southea...Reuters
Thu, Apr 24
BREAKINGVIEWS-The China-US trade war is set to keep spiraling: podcast
By Aimee Donnellan, Jonathan Guilford LONDON/NEW YORK, April 24 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast Across multiple administrations and both political parties, t...Reuters
Thu, Apr 24
Robotaxi maker Pony.ai sees Trump's trade war hitting sentiment, overseas expansion plans
By Qiaoyi Li and Brenda Goh SHANGHAI, April 24 (Reuters) - China-based robotaxi developer Pony.ai Inc PONY.O said on Thursday that U.S. President Donald Trump's trade war with China was likely to dampen its international expansion plans, but it anticipated little direct impact on its supply c...Reuters
Thu, Apr 24
Toyota's March overseas sales hit record peak as US buyers rush ahead of tariffs
TOKYO, April 24 (Reuters) - Toyota Motor 7203.T said on Thursday that its overseas sales in March touched a record high for the month, fuelled by a surge in North American purchases ahead of U.S. import tariffs that came into effect in early April. The Japanese automaker sold 814,105 vehicles outsid...Reuters
Thu, Apr 24
UK and EU to finalise plans for new defence pact, FT reports
April 24 (Reuters) - British Prime Minister Keir Starmer and European Commission President Ursula von der Leyen will finalize plans for a new defence pact, the Financial Times reported on Thursday, citing multiple officials briefed on the discussions. They are expected to announce the plan and a rol...Reuters
Thu, Apr 24
China to allow overseas investors access to more sectors
HONG KONG, April 24 (Reuters) - China's state regulator and planning council published a new version of its "negative list" that relaxes barriers to entering the world's second-largest economy, reducing the number of restricted industries to 106 from 117. The so-called negative list ...Reuters
Thu, Apr 24
Turkey's Simsek holds talks with US Treasury Secretary Bessent
ISTANBUL, April 24 (Reuters) - Turkish Finance Minister Mehmet Simsek and Central Bank Governor Fatih Karahan met on Wednesday with U.S. Treasury Secretary Scott Bessent in a constructive atmosphere focused on advancing Turkey-U.S. relations, the Turkish Treasury said."We touched on cooperation ...Reuters
Thu, Apr 24
Trump to exempt carmakers from some US tariffs, FT says
April 23 (Reuters) - U.S. President Donald Trump is planning to spare carmakers from some tariffs following intense lobbying by industry executives over recent weeks, the Financial Times reported on Wednesday, citing a couple of people familiar with the matter.Car parts would be exempted from the ta...Reuters
Thu, Apr 24
South Korea agency says DeepSeek transferred user info, prompts without consent
SEOUL, April 24 (Reuters) - South Korea's information protection authority said on Thursday that DeepSeek transferred user information and prompts without permission when the service was still available for download in the country's app market. DeepSeek did not immediately respond to a reque...Reuters
Thu, Apr 24
BREAKINGVIEWS-Carmakers go on the defensive in Shanghai
By Katrina HamlinHONG KONG, April 24 (Reuters Breakingviews) - As the Shanghai auto show kicked off on Wednesday, carmakers were on edge. They were ready to parade flashy technology like flying vehicles, dancing robots, and new batteries. But all that was sidelined by Beijing introducing new industr...Reuters
Thu, Apr 24
VinFast plans to open India plant by end of June, CEO says
HANOI, April 24 (Reuters) - Electric vehicle maker VinFast VFS.O plans to open a car assembly plant in India by the end of June, the head of the company told shareholders of VinFast's parent company Vingroup VIC.HM on Thursday.Last year, VinFast and the southern state of Tamil Nadu agreed to wor...Reuters
Thu, Apr 24
Chinese customers are rejecting new jets due to tariffs, Boeing confirms
Boeing may redirect jets to other customers due to Chinese tariff refusalsChina represents 10% of Boeing's commercial plane backlog, CFO saysWashington open to de-escalating trade war, analysts warn of delivery limboBy Lisa Barrington SEOUL, April 24 (Reuters) - Boeing's BA.N Chinese cust...Reuters
Thu, Apr 24
