News
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European firms rethink cloud provider choices amid trade war, OVHCloud CEO says
April 17 (Reuters) - The CEO of OVHCloud OVH.PA, a leading European data centre provider that operates 43 facilities across four continents, said on Thursday that global trade tensions were making European companies rethink their choice of cloud provider from a more strategic perspective.WHY IT'...Reuters
Thu, Apr 17
London-listed investment firm Fidelity Japan begins review of operations
April 17 (Reuters) - London-listed Fidelity Japan Trust FJV.L said on Thursday that it has started a formal review to consider the group's future and said that it expects a majority of its shareholders may not approve a proposal for it to continue as an investment firm.The group, which focuses o...Reuters
Thu, Apr 17
India's BluSmart, rival of Uber, suspends operations after co-founder probed
Co-founder of Indian rival to Uber faces regulatory setbackBluSmart halts operations, drivers stressed Investigation finds co-founder misused EV funds, bought luxury home Indian electric cab company became popular over years By Aditya Kalra and Aditi Shah NEW DELHI, April 17 (Reuters) - Indian el...Reuters
Thu, Apr 17
Investors seeks review of Australia's listing rules, say James Hardie-AZEK deal to hurt
April 17 (Reuters) - A group of investors has called for a review of Australia's listing rules, claiming it was "unreasonable" that companies were allowed to issue a large amount of shares to fund their acquisitions without a shareholder vote.The investors wrote to the Australian Stock E...Reuters
Thu, Apr 17
Barclays to sell stake in British payments business to Brookfield
By Lawrence White LONDON, April 17 (Reuters) - Barclays BARC.L has agreed terms for Brookfield Asset Management to buy most of its British payments business, the bank said on Thursday, ending a more than year-long effort to offload the business which processes payments for retailers.Under the com...Reuters
Thu, Apr 17
London-listed investment firm Fidelity Japan begins review of operations
April 17 (Reuters) - London-listed Fidelity Japan Trust FJV.L said on Thursday that it has started a review to consider its future as the group expects a majority of its shareholders may not approve a proposal for it to continue as an investment firm.Reuters
Thu, Apr 17
Italian firms get more time to comply with disaster insurance rules
By Edward CarronApril 16 - (The Insurer) - The Italian government has given businesses additional time to comply with new regulations that require them to hold natural catastrophe insurance cover. Second postponement of compliance deadline since initial December 2024 dateMedium-sized businesses ha...Reuters
Thu, Apr 17
Ukrainian ministers arrive in Paris to meet US, European allies, official says
KYIV, April 17 (Reuters) - Ukraine's foreign minister and defence minister have arrived in Paris to meet U.S. and European allies, the head of Ukrainian president's office, who is also a part of the delegation, said on Thursday."We are working on important issues for the security of Ukra...Reuters
Thu, Apr 17
Tsmc: Not Seen Any Change In Customer Behaviour Because Of Us Tariffs
April 17 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd 2330.TW:TSMC: EXPECTS Q2 REVENUE OF $28.4-29.2 BILLION (VERSUS Q2 2024 REVENUE $20.82 BILLION)TSMC: EXPECTS Q2 GROSS MARGIN AT 57-59% (Q1 58.8%)TSMC: EXPECTS Q2 OPERATING MARGIN AT 47-49% (Q1 48.5%)TSMC: OVERSEAS FABS COSTS ARE HIGHER FO...Reuters
Thu, Apr 17
Lunglife AI Enters Exclusive License & Distribution Agreement With Circulogene
April 17 (Reuters) - LungLife AI Inc LLAI.L:LUNGLIFE AI, INC - LICENSE AGREEMENT AND OTHER MATTERSLUNGLIFE AI INC - ENTERS EXCLUSIVE LICENSE AND DISTRIBUTION AGREEMENT WITH CIRCULOGENELUNGLIFE AI INC - AGREEMENT REQUIRES RE-HIRING OF SOME TERMINATED STAFFReuters
Thu, Apr 17
Euro zone government bond yields edge up before ECB meeting
By Stefano Rebaudo April 17 (Reuters) - Euro zone government bond yields edged up on Thursday as investors expect the European Central Bank to cut rates by 25 basis points later in the session while focusing on clues about the impact of U.S. tariffs on the rate outlook.Markets will want to see if...Reuters
Thu, Apr 17
Revolution Beauty Group Says Lauren Brindley To Step Down As CEO
April 17 (Reuters) - Revolution Beauty Group PLC REVB.L:REVOLUTION BEAUTY GROUP PLC - LAUREN BRINDLEY TO STEP DOWN AS CEO OF REVOLUTION BEAUTY ON MAY 31, 2025REVOLUTION BEAUTY GROUP PLC - LAUREN BRINDLEY TO JOIN ULTA BEAUTY AS CHIEF MERCHANDISING AND DIGITAL OFFICERREVOLUTION BEAUTY GROUP PLC - COLI...Reuters
Thu, Apr 17
UK semiconductor firm Alphawave forgoes forecast due to US tariffs
April 17 - British semiconductor company Alphawave IP Group AWE.L said on Thursday that it was unable to provide a financial forecast for 2025 or beyond due to the uncertainty stemming from the "rapidly developing nature" of U.S. tariffs.Alphawave, which designs and licenses chip technology ...Reuters
Thu, Apr 17
Sainsbury Expects To Deliver Retail Adj Operating Profit Of Around 1 Bln Stg In 2025/26
April 17 (Reuters) - J Sainsbury PLC SBRY.L:J SAINSBURY FY ADJUSTED REVENUE GBP 31,555 MILLIONJ SAINSBURY FY BASIC EPS GBP 0.104J SAINSBURY FY NET INCOME GBP 242 MILLIONJ SAINSBURY FY NET DEBT GBP -5,758 MILLIONSAINSBURY: WILL BUY BACK AT LEAST £200M OF SHARES IN 2025/26SAINSBURY: EXPECT TO DELIVER...Reuters
Thu, Apr 17
Forvia has so far mitigated half of its estimated US tariff exposure, CEO says
PARIS, April 17 (Reuters) - Forvia has so far mitigated about 50% of the estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier's CEO Martin Fischer said in a call on Thursday.Reuters
Thu, Apr 17
