News
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Deals of the day-Mergers and acquisitions
April 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 13:30 GMT on Tuesday:** Sweden's Biotage BIOT.ST said that KKR had made a cash offer for the Swedish biotechnology firm, valuing it at around 11.6 billion Swedish crowns ($1.22 billion).** Indian teleco...Reuters
Tue, Apr 22
HCLTech CEO signals opportunities despite expected tariff impact
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU, April 22 (Reuters) - HCLTech HCLT.NS, India's third-largest IT services company, posted slightly lower-than-estimated fourth-quarter revenue on Tuesday, but projected growth opportunities to emerge from the global macro overhang. The c...Reuters
Tue, Apr 22
Dubai's du signs 2 billion dirhams hyperscale data center deal with Microsoft, Crown Prince says
April 22 (Reuters) - The Emirates Integrated Telecommunications Company PJSC (du) DU.DU signed a 2 billion dirham hyperscale data center deal with Microsoft MSFT.O , Dubai's Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum said in a post on X on Tuesday.The deal was signed during Du...Reuters
Tue, Apr 22
Falcon Risk Services hires QBE's Coppola as head of management liability
By Isha MaratheApril 22 - (The Insurer) - HDI Global Specialty-owned MGA Falcon Risk Services has hired Laura Coppola, former chief underwriting officer at QBE North America, as its head of management liability, based in New York.In her new role, Coppola will oversee growth, portfolio management an...Reuters
Tue, Apr 22
Rainbow adds Rhino’s Saternus as EVP, risk
By Mia MacGregorApril 22 - (The Insurer) - San Francisco-based specialty MGU Rainbow has appointed former Rhino executive Brett Saternus as executive vice president of risk, based in Chicago.Saternus joins Rainbow after four years as chief risk officer at Rhino. Before that, he served as deputy chie...Reuters
Tue, Apr 22
Google contemplated exclusive Gemini AI deals with Android makers
Judge previously found Google used exclusive agreements to bolster search monopolyTrial deals with proposed remedies to restore competitionAntitrust enforcers concerned Google's dominance could extend to AIBy Jody Godoy WASHINGTON, April 22 (Reuters) - Alphabet's GOOGL.O Google contemplat...Reuters
Tue, Apr 22
IMF says financial stability risks increased significantly amid trade turmoil
IMF warns financial stability risks significantly increasedGroup cites economic uncertainty, tighter financial conditions as concernsCalls for regulators worldwide to complete capital rules, heighten oversightBy Pete Schroeder WASHINGTON, April 22 (Reuters) - Global financial stability risks have...Reuters
Tue, Apr 22
Pope Francis' body to lie in state before funeral on Saturday
Pope Francis died after stroke, cardiac arrestFrancis championed the poor, clashed with traditionalistsFuneral to be held Saturday in St. Peter's SquareUS President Trump, Ukraine president set to attend By Joshua McElwee and Crispian Balmer VATICAN CITY, April 22 (Reuters) - Pope Francis...Reuters
Tue, Apr 22
Trump administration reorganizing State Department, Rubio says
WASHINGTON, April 22 (Reuters) - The Trump administration is reorganizing the U.S. Department of State to eliminate certain offices that it considers redundant as well as some programs that it says do not align with U.S. interests, U.S. Secretary of State Marco Rubio said on Tuesday."This approa...Reuters
Tue, Apr 22
Fed's Harker says central bank has built up a lot of credibility
By Michael S. DerbyNEW YORK, April 22 (Reuters) - Federal Reserve Bank of Philadelphia President Patrick Harker said Tuesday that trust in the central bank is one of its greatest powers right now. “What we have that's been built up over time is an incredibly precious resource at the Fed, which i...Reuters
Tue, Apr 22
FOCUS-Trump looking at cutting US drug prices to international levels, sources say
Government health officials told source they were exploring an international reference pricing policyU.S. pays nearly three times more than other developed countries for drugsThe policy is more concerning to the pharmaceuticals industry than tariffs, sources sayBy Patrick Wingrove April 22 (Reut...Reuters
Tue, Apr 22
EPA begins layoffs of environmental justice staff
By Valerie Volcovici WASHINGTON, April 22 (Reuters) - The Environmental Protection Agency sent termination notices on Tuesday to staff who work on environmental justice programs at its headquarters and across regional offices, saying their work no longer aligns with the mission of the agency.The ...Reuters
Tue, Apr 22
IMF's Gourinchas says critical for central banks to preserve independence
WASHINGTON, April 22 (Reuters) - IMF chief economist Pierre-Olivier Gourinchas, asked about calls by U.S. President Donald Trump for the removal of Federal Reserve Chair Jerome Powell, on Tuesday underscored the importance of preserving central banks' independence to maintain their credibility i...Reuters
Tue, Apr 22
IMF sees much lower bilateral trade between U.S. and China
WASHINGTON, April 22 (Reuters) - The International Monetary Fund expects much lower bilateral trade between the U.S. and China, the world's two largest economies, as a result of tariffs imposed in recent months, the IMF's chief economist Pierre-Olivier Gourinchas said on Tuesday.The long-ter...Reuters
Tue, Apr 22
West Bancorporation Inc expected to post earnings of 38 cents a share - Earnings Preview
West Bancorporation Inc WTBA.OQ WTBA.O is expected to show a rise in quarterly revenue when it reports results on April 24 for the period ending March 31 2025The West Des Moines Iowa-based company is expected to report a 13.4% increase in revenue to $21.61 million from $19.05 million a year ago, a...Reuters
Tue, Apr 22
