News
Important Only
Abu Dhabi's Mubadala to buy $600 million stake in UK school operator Nord Anglia
By Manya SainiDUBAI, April 17 (Reuters) - Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Thursday it would acquire a minority stake in UK private school operator Nord Anglia Education for $600 million, joining a global consortium led by Swedish private equity giant EQT.The group...Reuters
Thu, Apr 17
Barclays sells stake in payments business to Brookfield
LONDON, April 17 (Reuters) - Barclays BARC.L has sold part of its British payments business to Brookfield Asset Management, the bank said on Thursday.The two parties will work to create a standalone entity for the business, into which Barclays plans to invest approximately 400 million pounds ($528.2...Reuters
Thu, Apr 17
UK's Rentokil posts 1.8% organic revenue growth in first quarter
April 17 (Reuters) - Britain's Rentokil Initial RTO.L said on Thursday that its organic revenue grew 1.8% in the first quarter, as strength in its international pest control business helped offset slowness in its North America business, which it is seeking to overhaul.Reuters
Thu, Apr 17
Forvia Q1 Sales At EUR 6.70 Bln
April 17 (Reuters) - Forvia SE FRVIA.PA:Q1 SALES EUR 6.70 BILLIONCONFIRMS ITS 2025 FULL-YEAR GUIDANCEFORECASTS OUTPERFORMANCE IN CHINA FROM H2IMPLEMENTS MAXIMIZED FLEXIBILIZATION OF PRODUCTION COSTS IN SITES WHERE VOLUMES ALREADY HIT BY TARIFFSIMPLEMENTS HIRING FREEZE, IMMEDIATE REDUCTION OF NON-PER...Reuters
Thu, Apr 17
Hermes Q1 Consolidated Revenue EUR 4.13 Billion
April 17 (Reuters) - Hermes International SCA HRMS.PA:Q1 CONSOLIDATED REVENUE EUR 4.13 BILLION (LSEG ESTIMATE: EUR 4.10 BILLION)Q1 CONSOLIDATED REVENUE GROWTH OF 7.2% AT CONSTANT FXQ1 SALES IN ASIA EXCLUDING JAPAN +1.2%; IN AMERICAS +11.0% AT CONSTANT FXCONFIRMS MID-TERM GOAL FOR REVENUE GROWTH AT C...Reuters
Thu, Apr 17
INSIGHT-Operation Assad: the air mission to smuggle the Syrian despot's valuables
Ousted Syrian ruler used private jet to move cash, valuables, and documents to Abu Dhabi, sources say Plane made four flights in last days of Assad's regime, the last one from Russian base Jet carried documents and hard drives mapping Assad's corporate empire Syria's new government want...Reuters
Thu, Apr 17
Investors express concerns on ASX rules over proposed James Hardie-Azek merger
April 17 (Reuters) - A group of investors in Australian publicly-listed companies called for a review of the listing rules, saying the proposed $8.75 billion acquisition of Azek AZEK.N by James Hardie JHX.AX would negatively impact shareholders' interests.The investors wrote to the Australian St...Reuters
Thu, Apr 17
OpenAI's $500 billion Stargate venture weighs future UK investment, FT reports
April 17 (Reuters) - Stargate, a $500 billion U.S. data-centre project funded by SoftBank 9984.T, OpenAI and Oracle ORCL.N, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.British Prime Minister Keir...Reuters
Thu, Apr 17
IDFC First Bank Approves Fundraise Of Up To 75 Billion Rupees
April 17 (Reuters) - IDFC First Bank Ltd IDFB.NS:IDFC FIRST BANK - APPROVES FUNDRAISE OF UP TO 75 BILLION RUPEESIDFC FIRST BANK - INVESTMENT AGREEMENT BETWEEN CURRANT SEA INVESTMENTS B.V., BANKIDFC FIRST BANK - APPROVED ISSUANCE OF SECURITIES BY WAY OF PREFERENTIAL ALLOTMENTIDFC FIRST BANK - APPROVE...Reuters
Thu, Apr 17
India's BluSmart, rival of Uber, suspends operations after co-founder probed
NEW DELHI, April 17 (Reuters) - Indian electric cab service BluSmart, seen as a rival to Uber, suspended services on Thursday, days after a market regulator's investigation found a co-founder misused funds at an affiliate company and bought a luxury apartment with money allocated for electric ve...Reuters
Thu, Apr 17
TSMC Q1 profit surges 60%, beats forecasts
TAIPEI, April 17 (Reuters) - TSMC 2330.TW, the world's largest contract chipmaker, posted a 60% jump in first-quarter net profit on Thursday, beating market forecasts as it benefited from surging demand for semiconductors used in artificial intelligence applications.
Reuters
Thu, Apr 17
US' Rubio will meet French foreign minister on Thursday, source says
PARIS, April 16 (Reuters) - U.S. Secretary of State Marco Rubio will meet his French counterpart Jean-Noel Barrot on Thursday during his visit to Paris and they will discuss the war in Ukraine, the situation in the Middle East and Iran nuclear talks, a French diplomatic source said on Wednesday.U.S....Reuters
Thu, Apr 17
INSIGHT-The unexploded bombs of Gaza
By Emma Farge, Nidal al-Mughrabi, Hatem Khaled and Ramadan Abed KHAN YOUNIS, Gaza, April 17 (Reuters) - The Gaza Strip is strewn with undetonated explosives from tens of thousands of Israeli air strikes, leaving the territory "uninhabitable", according to the U.S. government.In February, ...Reuters
Thu, Apr 17
Forvia implements tariff action plan with clients and suppliers
April 17 (Reuters) - Car parts supplier Forvia FRVIA.PA is implementing an action plan to mitigate the direct impact of U.S. tariffs on its activities, the France-based company said on Thursday."The Group is proactively mitigating the impact by securing pass-throughs with its clients, negotiatin...Reuters
Thu, Apr 17
Huuuge Q4 Net Profit At $18.5 Mln
April 17 (Reuters) - Huuuge Inc HUGP.WA:REPORTED ON WEDNESDAY Q4 ADJUSTED EBITDA AT $24.8 MILLIONQ4 NET PROFIT AT $18.5 MILLIONQ4 REVENUE AT $61.7 MILLIONQ4 OPERATING RESULT AT $18.7 MILLIONTHE COMPANY VIEWS CASH AS A STRATEGIC ASSET AND WILL PRIORITIZE INVESTMENTS IN GROWTH OVER SHARE BUYBACK PROGR...Reuters
Thu, Apr 17
Russia downs 71 Ukrainian drones overnight, defence ministry says
MOSCOW, April 17 (Reuters) - Russian air defence systems destroyed or intercepted 71 Ukrainian drones over six Russian regions overnight, Russia's Defence Ministry said on Thursday. Most of drones - 49 - were downed in Kursk region, others - in Oryol, Ryazan, Bryansk, Vladimir and Tula regions.Reuters
Thu, Apr 17
Cut shifts or ramp up output? Vietnam's exporters face dilemma amid tariff chaos
Manufacturers in Vietnam adopt diverging strategiesSome exporters cut operations, surveys and executives sayOthers increase production during tariff pause By Francesco Guarascio and Khanh Vu HANOI, April 17 (Reuters) - Some factory workers in Vietnam have been told to increase output of products ...Reuters
Thu, Apr 17
Rubio, Witkoff head to Paris to discuss Ukraine, Iran with Europeans
Seeking to end one war and avert anotherUS team to meet MacronWitkoff goes on to Rome for talks with Iranians By Steve Holland and Elizabeth Pineau WASHINGTON, April 17 (Reuters) - Two of President Donald Trump's top national security aides plan to hold talks in Paris with French President Em...Reuters
Thu, Apr 17
BREAKINGVIEWS-How Trump’s tariff turmoil scarred global markets: podcast
By Aimee Donnellan, Jonathan Guilford LONDON/NEW YORK, April 17 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast Stocks and government bonds have steadied following dramatic falls triggered by the U...Reuters
Thu, Apr 17
