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Magyar Telekom Says Total Revenue Increased By 7.8% Year-On-Year To HUF 241.6 Billion In Q1 2025
May 14 (Reuters) - Magyar Telekom Tavkozlesi Nyrt MTEL.BU:FIRST QUARTER 2025 FINANCIAL RESULTSTOTAL REVENUE INCREASED BY 7.8% YEAR-ON-YEAR TO HUF 241.6 BILLION IN Q1 2025NET INCOME ROSE TO HUF 54.2 BILLION (+60.8% YOY), WITH ADJUSTED NET INCOME REACHING HUF 54.6 BILLION IN Q1 2025EBITDA AL INCREASED...Reuters
7 hours ago
UMG: Bill Ackman Resigns From Its Board Of Directors
May 14 (Reuters) - Universal Music Group NV UMG.AS:UNIVERSAL MUSIC GROUP N.V. ANNOUNCES RESIGNATION OF BILL ACKMAN FROM ITS BOARD OF DIRECTORSRESIGNATION EFFECTIVE TODAY DUE TO NEW EXECUTIVE AND BOARD OBLIGATIONS ARISING FROM HIS RECENT INVESTMENTSReuters
7 hours ago
US President Trump to meet Syrian President Sharaa in Riyadh, Washington Post reports
DUBAI, May 14 (Reuters) - U.S. President Donald Trump will meet Syrian President Ahmed Al-Sharaa ahead of the GCC summit in Riyadh on Wednesday, a day after announcing that the U.S was lifting sanctions on Syria, a pool report from The Washington Post said.Reuters
7 hours ago
American Integrity IPO raises $126.5 million after underwriters exercise option
By Michael LoneyMay 14 - (The Insurer) - The underwriters of American Integrity Insurance Group’s initial public offering have fully exercised their option to purchase the Florida carrier’s shares.Tampa-based American Integrity’s common stock began trading on the New York Stock Exchange on May 8 und...Reuters
7 hours ago
Electronics giant Foxconn's first-quarter profit surges 91% on year
TAIPEI, May 14 (Reuters) - Taiwan's Foxconn 2317.TW, the world's largest contract electronics maker, on Wednesday said first-quarter profit leapt 91% on continued strong demand for artificial intelligence servers.Net profit for January-March for Apple's AAPL.O top iPhone assembler and Nv...Reuters
7 hours ago
GTCR to buy into JMG Group alongside Synova
By Rebecca DelaneyMay 14 - (The Insurer) - Private equity firm GTCR has signed a definitive agreement to acquire UK insurance broker JMG Group, in partnership with existing investor Synova.The transaction is expected to close in the third quarter of 2025.JMG's existing management team, led by CE...Reuters
7 hours ago
URW Eyes 2028 AREPS OF EUR 9.70-10.10
May 14 (Reuters) - Unibail-Rodamco-Westfield SE URW.PA:URW PRESENTS 'A PLATFORM FOR GROWTH' 2025-28 BUSINESS PLANTARGETS ANNUAL EBITDA GROWTH OF 5.80-6.60% FOR 2025-28NEW LICENSING BUSINESS TO REACH €25-35 MN EBITDA IN 2028TO DISTRIBUTE €4.50 PER SHARE FOR FISCAL YEAR 2025PLANS €3.1 BN SHARE...Reuters
7 hours ago
UK caterer Compass maintains annual outlook after first-half profit beat
May 14 (Reuters) - British catering firm Compass Group CPG.L retained its annual profit and revenue forecasts on Wednesday, after reporting first-half operating profit ahead of market expectations thanks to new business wins.The world's largest catering firm reported underlying operating profit ...Reuters
7 hours ago
Thailand will strictly enforce rules to prevent trade circumvention, says minister
BANGKOK, May 14 (Reuters) - Thailand's plans to strictly enforce rules of origin to prevent trade circumvention, give greater access to U.S. products and promote Thai investments in the United States, its finance minister said on Wednesday, as it seeks to negotiate over steep U.S. tariffs. Thail...Reuters
7 hours ago
UK financial watchdog consults on simplified insurance rules
By Ryan HewlettMay 14 - (The Insurer) - Britain's Financial Conduct Authority has laid out proposals to streamline its rulebook for the UK insurance market, including a potential simplification of regulations governing commercial insurers.The watchdog, which is overhauling its regulation of UK f...Reuters
7 hours ago
Burberry full-year profit beats expectations
LONDON, May 14 (Reuters) - British luxury brand Burberry BRBY.L on Wednesday reported a smaller than expected decline in fourth-quarter sales and a better adjusted operating profit for its full year ending March 29 as it said brand sentiment was improving.Reuters
7 hours ago
Ferrovial's quarterly core profit rises 19% led by US highways business
MADRID, May 13 (Reuters) - Spanish construction giant Ferrovial FERF.AS posted a 19% rise in first-quarter core earnings on Tuesday, driven by strong performance in its toll highway business in the United States.The company reported adjusted earnings before interest, taxes, depreciation and amortisa...Reuters
7 hours ago
France's Le Monde enters into content partnership with AI startup Perplexity
May 14 (Reuters) - French newspaper Le Monde entered into a content partnership with U.S.-based artificial intelligence company Perplexity on Wednesday, as AI startups compete for deals with news publications to improve the responses of their products amid intensifying competition.The deal grants Pe...Reuters
8 hours ago
Prysmian Approves Issuance Of Perpetual Subordinated Bond Up To EUR 1 Bln
May 14 (Reuters) - Prysmian SpA PRY.MI:APPROVES POTENTIAL ISSUANCE OF PERPETUAL SUBORDINATED BOND FOR UP TO EUR 1 BILLIONBOND TO BE LISTED ON LUXEMBOURG STOCK EXCHANGEISSUANCE TO BE TARGETED AT INSTITUTIONAL INVESTORS IN ITALY, ABROAD EXCLUDING U.S.INTENDS TO USE NET PROCEEDS OF ISSUANCE FOR ACQUISI...Reuters
8 hours ago
Strong earthquake strikes off Crete, no damage reported
ATHENS, May 14 (Reuters) - An earthquake of magnitude 5.9 struck off the island of Crete in Greece and was felt as far away as Egypt in the early morning hours on Wednesday, but no serious property damage was reported. The quake was at a depth of 35 km (22 miles) near the island of Karpathos in the ...Reuters
8 hours ago
Xi says China, Chile should defend common interests of Global South, Xinhua reports
BEIJING, May 14 (Reuters) - China President Xi Jinping on Wednesday told his Chilean counterpart that the two countries should strengthen cooperation and defend the common interests of the Global South, China's state-run Xinhua news agency reported.China and Chile should deepen cooperation in fi...Reuters
8 hours ago
Chinese e-commerce sites offer discounts of up to $351 on Apple's latest iPhones
BEIJING, May 14 (Reuters) - Chinese e-commerce platforms are offering discounts of up to 2,530 yuan ($351) on Apple's latest iPhone 16 models, an effort to spur sales as first-quarter shipments by the U.S. tech giant fell further in its second-largest market.The step comes as Chinese online reta...Reuters
8 hours ago
Bekaert Sees Stable Y/Y Sales And EBITu In 2025
May 14 (Reuters) - NV Bekaert SA BEKB.BR:BEKAERT Q1 REVENUE EUR 991 MILLIONDIVIDEND OF € 1.90 PER SHARE PROPOSEDDIFFICULT MARKET CONDITIONS OF SECOND HALF OF 2024 CONTINUED INTO Q1 2025IN RESPONSE TO MARKET CONDITIONS BEKAERT TOOK ACTIONS TO PROTECT MARGINS AND CASH FLOWSWEAK BUSINESS ENVIRONMENT EX...Reuters
8 hours ago
EXCLUSIVE-Tesla to resume shipping Chinese parts for Cybercab, Semi production in the US, source says
Move comes after US-China trade war deescalationSituation could still change due to US unpredictability - sourceTesla aims to start trial production of the two models in Oct SHANGHAI, May 14 (Reuters) - Tesla plans to start shipping components from China to the U.S. for the production of Cybercab...Reuters
8 hours ago
Omda Reports Quarterly Revenue Increase of 15% To 121 Mnok
May 14 (Reuters) - Omda AS OMDA.OL:OMDA AS - QUARTERLY REVENUE INCREASES 15% TO RECORD 121 MNOKOMDA AS - MAINTAINS ITS GUIDANCE OF NOK 460-485 MILLION IN REVENUE FOR 2025, WITH A FULL-YEAR EBITDA MARGIN OF 23%-27%OMDA AS - QTRLY EBITDA CAME IN AT 27 MNOK, REPRESENTING A MARGIN OF 22%Reuters
9 hours ago
Advocacy group threatens Meta with injunction over use of EU data for AI training
By Foo Yun Chee BRUSSELS, May 14 (Reuters) - Austrian advocacy group NOYB said on Wednesday it would seek an injunction against Meta Platforms META.O that could lead to billion-euro damages claims if the tech giant goes ahead with plans to use Europeans' personal data to train its artificial ...Reuters
9 hours ago