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Germany's Vincorion plans Frankfurt IPO to tap investor appetite for defence tech
March 6 - German defence and mission-critical power specialist Vincorion is preparing to seek a stock market listing in Frankfurt within the first half of 2026, it said on Friday. A former subsidiary of Jenoptik JENGn.DE, Vincorion makes emergency power generators for the Eurofighter Typhoon an...Reuters
7 minutes ago
U.S. RESEARCH ROUNDUP- Burlington Stores, Costco Wholesale, Oracle
March 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Burlington Stores, Costco Wholesale and Oracle on Friday. HIGHLIGHTS Burlington Stores Inc BURL.N: Barclays raises target price to $365 from $335Costco Who...Reuters
8 minutes ago
Motor racing-McLaren's Piastri fastest in second practice at Australian Grand Prix
By Ian RansomMELBOURNE, March 6 (Reuters) - Oscar Piastri delighted home fans by putting McLaren top of the timesheets in second free practice for the Australian Grand Prix on Friday as struggling Aston Martin nursed both cars through laps during the session. Hometown hero Piastri lapped Albert Park...Reuters
13 minutes ago
Wealthy Asians look to move Dubai assets closer to home on Iran war fears
Wealthy Asians reconsider Dubai due to Iran conflictSingapore wealth sector sees increased client interest in asset transfersUAE's stability questioned, but some investors remain confidentBy Xinghui Kok, Rae Wee and Yantoultra Ngui SINGAPORE/DUBAI, March 6 (Reuters) - Soon after the first Ira...Reuters
16 minutes ago
Lufthansa reports 2025 operating profit beat, 2026 outlook murky over Middle East
Lufthansa's 2025 profit aided by cost management, fleet turnover2026 outlook uncertain due to Middle East geopolitical issuesLufthansa aims for 8%-10% operating margins by 2028-2030By Joanna Plucinska LONDON, March 6 (Reuters) - Lufthansa LHAG.DE on Friday reported better-than-expected result...Reuters
20 minutes ago
South Korea, US militaries discuss moving Patriot missiles to Iran war, Seoul says
SEOUL, March 6 (Reuters) - South Korean Foreign Minister Cho Hyun said on Friday the U.S. and South Korean militaries are discussing shifting some U.S. Patriot missile defence systems based in South Korea to be deployed in the war against Iran.Cho was responding to a question at a parliamentary hear...Reuters
21 minutes ago
Justice Department releases missing FBI interviews in Epstein files with woman who made claims against Trump
Justice Department releases missing Epstein records containing sexual allegations against TrumpWhite House denies unidentified woman's claims as baseless and lacking evidenceJustice Department faces scrutiny over handling of Epstein investigation documentsBy Brad Heath WASHINGTON, March 5 (Re...Reuters
25 minutes ago
Son of EssilorLuxottica founder nears deal to buy siblings' Delfin stake, FT says
March 6 (Reuters) - Leonardo Maria del Vecchio is nearing a deal to buy out two of his siblings from the family holding company Delfin, which controls EssilorLuxottica ESLX.PA, the heir told the Financial Times in an interview published on Friday. "We are close to agreeing a price," Leonardo...Reuters
32 minutes ago
Wealthy Moscow cuts investment, revealing Russia's deeper budget problems
Russian consolidated budget deficit rises 2.6 times in 2025City of Moscow cuts investment programme by 10% Russian regions accumulate expensive debtGovernment prepares austerity packageBy Elena Fabrichnaya and Gleb Bryanski MOSCOW, March 6 (Reuters) - The city of Moscow, Russia's wealthiest f...Reuters
44 minutes ago
Lufthansa reports 2025 operating profit beat, 2026 outlook murky due to Middle East tension
By Joanna Plucinska LONDON, March 6 (Reuters) - Lufthansa LHAG.DE on Friday reported better results for its 2025 financial year than expected as stricter financial management and fleet turnover helped it manage costs and maximise profits.Lufthansa reported an adjusted operating profit of 2 billio...Reuters
44 minutes ago
PRESS DIGEST -Wall Street Journal - March 6
March 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Nike NKE.N expects to record a charge of $300 million related to cost-cutting efforts, including job eliminations. - Delta Air Lin...Reuters
57 minutes ago
REFILE-WRAPUP 2-Trump urges Iranian Kurds to attack Iran as war widens
Trump encourages Iranian Kurds to join fight against TehranTrump says U.S. will 'have to choose' Iran's next leaderAzerbaijan prepares to retaliate for Iranian missilesIsrael launches 'broad-scale' wave of attacks on IranBy Parisa Hafezi and Steve Holland DUBAI/WASHINGTON, Mar...Reuters
57 minutes ago
China approves Pfizer GLP-1 drug for weight management
SHANGHAI, March 6 (Reuters) - China has approved Pfizer's GLP-1 treatment Xianweiying for long-term weight management in overweight or obese adults, the US drugmaker said on WeChat on Friday, boosting competition in a market analysts expect to be worth billions in coming years.The injection belo...Reuters
an hour ago
EssilorLuxottica heir seeks multibillion deal to buy out siblings, FT says
March 6 (Reuters) - Leonardo Maria del Vecchio is nearing a deal to buy out two of his siblings from the family holding company Delfin, which controls EssilorLuxottica ESLX.PA, the heir told the Financial Times in an interview published on Friday.Reuters
an hour ago
EXCLUSIVE-US judge to meet parties on Trump-tariff refunds in closed-door 'settlement conference'
Government says millions of records may need manual reviewAround 2,000 refund lawsuits filed by US importersConference scheduled for 10:30 a.m. ETBy Tom Hals March 6 (Reuters) - A U.S. judge will meet behind closed doors with government lawyers on Friday seeking to hammer out a process to refund ...Reuters
an hour ago
Republican Representative Gonzales to end re-election bid after sex allegations
Gonzales says he will serve remainder of his termHouse GOP leaders called on Gonzales to end his re-election bidGonzales was forced into a primary runoff in Texas on TuesdayHe also faces a possible censure vote in the House WASHINGTON, March 5 (Reuters) - U.S. Representative Tony Gonzales, a Tex...Reuters
2 hours ago
SoftBank eyes up to $40 billion loan to fund OpenAI investment, Bloomberg News reports
March 6 (Reuters) - Japanese conglomerate SoftBank 9984.T is seeking a loan of up to $40 billion, primarily to finance its investment in ChatGPT-maker OpenAI, Bloomberg News reported on Friday, citing people familiar with the matter. The bridge loan would hold a roughly 12-month tenor, Bloomberg...Reuters
2 hours ago
Indonesia says will withdraw from Board of Peace if it does not benefit Palestinians
JAKARTA, March 6 (Reuters) - Indonesia's President Prabowo Subianto has reassured local Islamic groups that he will withdraw from U.S. President Donald Trump's 'Board of Peace' if the platform does not benefit Palestinians, a government statement said on Friday.The participation of I...Reuters
2 hours ago
