News
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Somero Enterprises Initiates 15% Workforce Reduction
April 24 (Reuters) - Somero Enterprises Inc SOM.L:SOMERO ENTERPRISES - TRADING UPDATESOMERO ENTERPRISES INC - INITIATES 15% WORKFORCE REDUCTIONSOMERO ENTERPRISES INC - EXPECTS FY REVENUES OF APPROXIMATELY $105 MILLIONSOMERO ENTERPRISES INC - EXPECTS FY EBITDA OF APPROXIMATELY $24 MILLIONReuters
Thu, Apr 24
Asos Sees FY25 Revenue Growth Towards Bottom End Of Consensus Range
April 24 (Reuters) - ASOS PLC ASOS.L:ASOS PLC - INTERIM RESULTS FOR THE 26 WEEKS TO 2 MARCH 2025ASOS PLC - RE-ITERATING FY25 PROFITABILITY GUIDANCEASOS PLC - FOR FY25, WE EXPECT REVENUE GROWTH TOWARDS BOTTOM END OF CONSENSUS RANGEASOS PLC: CONTINUE TO CLOSELY MONITOR EVOLVING US TARIFF OUTLOOKASOS ...Reuters
Thu, Apr 24
ANALYSIS-Even Porsche can't find its lane in China as foreign automaker sales skid
Porsche sales fell 42% in China in the first quarterSharp decline of legendary brand reflects wider China-market problems for all foreign automakersChinese EV makers moving into premium segments after dominating low-cost EVsBy Nick Carey, Victoria Waldersee and Brian Thevenot SHANGHAI, April 24 (...Reuters
Thu, Apr 24
Soccer-An American should lead the US team, not Pochettino, says Arena
April 24 (Reuters) - Former United States manager Bruce Arena has criticised the appointment of Argentinian Mauricio Pochettino as U.S. coach, saying the job should have gone to an American.Bruce Arena, who coached the U.S. at the 2002 and 2006 World Cups and holds the record for the most Major Leag...Reuters
Thu, Apr 24
Roche: U.S. investment plans will not be at expense of other parts of world
April 24 (Reuters) - Roche's ROG.S CEO said on Thursday that its announcement earlier this week of a massive investment push in the United States will not come at the expense of budgets that have been earmarked for other world regions."Our plan is not to reduce manufacturing in other parts o...Reuters
Thu, Apr 24
UK's Balfour Beatty gets $889 million Texas highway contract
April 24 (Reuters) - British construction and infrastructure group Balfour Beatty BALF.L said on Thursday it had secured a contract worth $889 million from the Texas Department of Transportation to reconstruct part of Interstate 30 highway.Reuters
Thu, Apr 24
GLOBAL MARKETS-Relief rally fizzles out as markets take stock of Trump's U-turns
Asian shares mixed; futures turn lowerTrump's softer stance on Chinese tariffs comes with caveatsDollar loses ground after earlier reboundBy Rae Wee SINGAPORE, April 24 (Reuters) - Stocks drifted on Thursday and a rebound in the dollar lost traction as investors tried to sift through the nois...Reuters
Thu, Apr 24
Balfour Beatty Says Secures $889 Million Texas Interstate Contract
April 24 (Reuters) - Balfour Beatty PLC BALF.L:BALFOUR BEATTY PLC - BALFOUR BEATTY SECURES TEXAS INTERSTATE CONTRACTBALFOUR BEATTY PLC - SECURES $889 MILLION TEXAS INTERSTATE CONTRACTBALFOUR BEATTY PLC - PRECONSTRUCTION TO COMMENCE IN 2026, ESTIMATED TO LAST FIVE YEARSReuters
Thu, Apr 24
UK's St James's Place reports $1.9 billion dip in assets on tariff woes
April 24 (Reuters) - British money manager St James's Place SJP.L on Thursday said its first-quarter managed assets fell by 1.41 billion pounds ($1.87 billion) from the prior quarter amid volatility sparked by U.S. President Donald Trump's trade tariffs. ($1 = 0.7537 pounds)Reuters
Thu, Apr 24
Ipsen: Elafibranor Shows Favorable Safety Profile And Efficacy In PSC
April 24 (Reuters) - Ipsen SA IPN.PA:ELAFIBRANOR SHOWS FAVORABLE SAFETY PROFILE AND EFFICACY IN PSCA SIGNIFICANT IMPROVEMENT IN PRURITUS WAS OBSERVED IN PATIENTS ON ELAFIBRANOR 120 MG VERSUS PLACEBOELAFIBRANOR IMPROVES LIVER BIOCHEMICAL PARAMETERS IN PSC PATIENTSPHASE II ELMWOOD TRIAL SHOWS POSITIVE...Reuters
Thu, Apr 24
Japanese investors turned net buyers of overseas bonds last week
April 24 (Reuters) - Japanese investors were net buyers of overseas bonds in the week through April 19, as U.S. bond markets recovered somewhat after a heavy selloff earlier this month. Japanese investors had been net sellers of overseas bonds for six consecutive weeks, joining a broad pullback fromReuters
Thu, Apr 24
Battle over 'baby multilaterals' may trap Zambia, Ghana in longer debt default
Paris Club says some Afrexim, TDB debts must be restructured - sourcesNew multilaterals battle for preferred creditor status Dispute could slow Ghana, Zambia's exit from debt defaultRestructuring could make Afrexim, TDB, lending more expensiveBy Libby George and Karin Strohecker LONDON, April...Reuters
Thu, Apr 24
China, Kenya say they oppose 'new hegemonic tactics', tariff barriers
BEIJING, April 24 (Reuters) - China and Kenya said they oppose "new hegemonic tactics" such as illegal unilateral sanctions, tariff barriers and technological blockades, a joint statement showed.The statement came after China's President Xi Jinping met with his Kenyan counterpart William...Reuters
Thu, Apr 24
Hyundai Motor shifts output of Tucson SUV from Mexico to US in response to tariffs
SEOUL, April 24 (Reuters) - Hyundai Motor 005380.KS said on Thursday that it has shifted output of its Tucson crossover from Mexico to the United States in response to U.S. tariffs.The automaker is also considering whether to shift some production from South Korea to other locations.Reuters
Thu, Apr 24
Nestle beats quarterly sales estimates, says indirect tariff impact 'unclear'
By Richa Naidu LONDON, April 24 (Reuters) - Nestle NESN.S on Thursday said the indirect impact of U.S. tariffs was "unclear" and posted better-than-expected first-quarter organic sales growth, as the world's biggest packaged food company hiked prices for its Kit-Kat chocolate bars and...Reuters
Thu, Apr 24
Sanofi's quarterly profit boosted by Dupixent and newer drugs; forecast unchanged
By Manas MishraApril 24 (Reuters) - France's Sanofi SASY.PA reported first-quarter profit that beat analysts' expectations on Thursday, boosted by strong demand for its anti-inflammatory drug Dupixent, as well as newer treatments and vaccines.However, the company left its full-year profit an...Reuters
Thu, Apr 24
German finance minister: agreement with US is still preferred option in tariff row
BERLIN, April 24 (Reuters) - Germany still hopes the European Union can find agreement with the United States to bring about a reduction in import tariffs but supports counter-measures if this fails, the country's finance minister said in a radio interview on Thursday."The position is very s...Reuters
Thu, Apr 24
