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Sale of Italian payments company PagoPA to mint and Poste hits valuation snag, sources say
Poste, state mint question 500 million euro price tagItalian banks concerned about Poste's potential market dominance Poste, mint get PagoPA financial data for valuation clarityBy Elvira Pollina, Giuseppe Fonte MILAN, April 22 (Reuters) - A dispute over valuation is complicating Italy's p...Reuters
Tue, Apr 22
Compass Pathways Announces Dosing Complete For All Participants In Part A Of Phase 3 Comp005 Trial Of Comp360 Psilocybin
April 22 (Reuters) - Compass Pathways PLC CMPS.O:COMPASS PATHWAYS ANNOUNCES DOSING COMPLETE FOR ALL PARTICIPANTS IN PART A OF PHASE 3 COMP005 TRIAL OF COMP360 PSILOCYBIN FOR TREATMENT-RESISTANT DEPRESSIONCOMPASS PATHWAYS PLC - TOP-LINE 6-WEEK PRIMARY ENDPOINT RESULTS EXPECTED IN LATE JUNEReuters
Tue, Apr 22
Regeneron Announces New Investment In Manufacturing Of Its Biologic Medicines
April 22 (Reuters) - Regeneron Pharmaceuticals Inc REGN.O:REGENERON ANNOUNCES NEW INVESTMENT IN MANUFACTURING OF ITS INDUSTRY-LEADING BIOLOGIC MEDICINESREGENERON PHARMACEUTICALS - TOTAL INVESTMENT IN FUJIFILM DIOSYNTH BIOTECHNOLOGIES AGREEMENT ESTIMATED TO EXCEED $3 BILLIONREGENERON PHARMACEUTICALS ...Reuters
Tue, Apr 22
Elevance confirms quarterly profit beat, reaffirms 2025 forecast
April 22 (Reuters) - Health insurer Elevance Health ELV.N said on Tuesday its first-quarter profit came above Street expectations, matching the preliminary estimates it released last week after bellwether UnitedHealth's UNH.N lowered full-year forecast triggered a selloff in the sector. Elevance...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
US Supreme Court to weigh objections to elementary school LGBT storybooks
Religious parents oppose LGBT storybooks in public schoolMaryland school district refuses to let children opt outBy Andrew Chung, John Kruzel WASHINGTON, April 22 (Reuters) - The U.S. Supreme Court is set to consider on Tuesday a bid by Christian and Muslim parents in Maryland to keep their eleme...Reuters
Tue, Apr 22
Many Canadian 'snowbirds' in US looking to pack up and fly north - for good
Canadians selling US homes due to strained relations under TrumpReal estate agents report increased listings of Canadian-owned homes in Florida, ArizonaPolitical tensions, economic factors driving Canadian exodusBy Doyinsola Oladipo and Mrinalika Roy April 22 (Reuters) - The number of Canadian &#...Reuters
Tue, Apr 22
How Trump moved swiftly to punish perceived foes in his first 100 days
Historians call scope of Trump's actions unprecedentedTrump intertwines personal animus with policy objectivesTrump fills administration with loyalists to support retribution effortsBy Joseph Ax April 22 (Reuters) - Hours after swearing an oath to defend the U.S. Constitution on January 20, P...Reuters
Tue, Apr 22
PREVIEW-Intel results to spotlight new CEO Tan's strategy to reverse years of missteps
By Arsheeya Bajwa April 22 (Reuters) - Intel's INTC.O quarterly results will offer the clearest look yet at new CEO Lip-Bu Tan's turnaround strategy for the embattled American chipmaker, and investors are hoping for early signs that he is reversing years of strategic lapses.The company is...Reuters
Tue, Apr 22
EU's von der Leyen will attend Pope's funeral
BRUSSELS, April 22 (Reuters) - EU Commission President Ursula von der Leyen will attend Pope Francis' funeral on Saturday, her office said on Tuesday.U.S. President Donald Trump had earlier already said he and his wife would fly to Rome for the service. Among other heads of state set to attend w...Reuters
Tue, Apr 22
Bertelsmann chief seeks to revive $4.15 billion French TV merger, FT reports
April 22 (Reuters) - German media group Bertelsmann's BTGGg.F CEO Thomas Rabe hopes to revive the aborted merger between French broadcasters M6 MMTP.PA and TF1 TFFP.PA within the next two to three years, he told the Financial Times in an interview published on Tuesday. In 2022, M6 Group and TF1 ...Reuters
Tue, Apr 22
Kremlin says talks with Ukraine could happen if 'obstacles' are removed
MOSCOW, April 22 (Reuters) - The Kremlin said on Tuesday that there are no concrete plans for talks between Russia and Ukraine, but such contacts could take place if Ukraine was willing to remove certain obstacles.Kremlin spokesman Dmitry Peskov did not specify which obstacles Moscow was referring t...Reuters
Tue, Apr 22
Russian court cuts jail term for American held on drug charges, lawyer says
MOSCOW, April 22 (Reuters) - A Russian court on Tuesday ordered that the jail sentence of a U.S. citizen convicted of drug trafficking be reduced to 9-1/2 years from 12-1/2, the man's lawyer told Reuters.Robert Woodland was found guilty in July 2024 of attempting to sell drugs after he was arres...Reuters
Tue, Apr 22
Intel's AI struggles and AMD's china woes prompt Bernstein to lower PTs
** Bernstein cuts price targets on Intel INTC.O and AMD AMD.O, citing challenging market conditions** Bernstein sees lack of a strong AI narrative for INTC; cuts PT to $21 form $25** Brokerage is cautious about AMD due to potential impacts from China sanctions and aggressive competition from INTC; c...Reuters
Tue, Apr 22
UAE's AIQ, Weatherford Sign Strategic Partnership To Accelerate Efficiency In Energy Production
April 22 (Reuters) - AIQ:AIQ AND WEATHERFORD SIGN STRATEGIC PARTNERSHIP TO ACCELERATE EFFICIENCY IN ENERGY PRODUCTIONAIQ TO INTEGRATE WEATHERFORD’S SOFTWARE AND HARDWARE SOLUTIONS, INCLUDING THE MODERN EDGE SUITE, UNIFIED DATA MODEL, AND WFRD SOFTWARE LAUNCHPAD, WITH ITS ROBUST AI-DRIVEN SYSTEMSBY C...Reuters
Tue, Apr 22
Olympics-Biles still undecided on 2028 LA Games participation
PARIS, April 22 (Reuters) - Simone Biles, the most decorated gymnast in history, said she has yet to decide whether she will take part in her home Olympics in Los Angeles in 2028.Biles won gold medals in the team, all-around and vault competitions at the 2024 Games to complete a triumphant comeback ...Reuters
Tue, Apr 22
Ericsson expands manufacturing in India to make antennas
STOCKHOLM, April 22 (Reuters) - Sweden's Ericsson ERICb.ST is planning to manufacture all its telecom antennas for the Indian market in the South Asian country, the company said on Tuesday.Demand from India's telecom companies surged in 2023, as Bharti Airtel and Jio, the telecom unit of Rel...Reuters
Tue, Apr 22
Ishiba Takes a Hard Line as Japanese Auto and Tourism Industries Already Feel the Pain of Trump's Tariffs
TradingKey - As the impact of Trump’s tariffs on the real economy begins to surface, and more countries voice opposition to Trump’s tariff policies, Japan appears to be adopting a tougher stance in its trade negotiations with the U.S.
TradingKey
Tue, Apr 22
Europeans outlined non-negotiable issues to US for Ukraine-Russia peace deal, French minister says
PARIS, April 22 (Reuters) - European powers told the United States last week which aspects of a potential peace deal between Ukraine and Russia would be non-negotiable for them, ahead of a new round of discussions on Wednesday, France's Foreign Minister Jean-Noel Barrot said. Ukraine, the...Reuters
Tue, Apr 22
