News
Important Only
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
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
