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RPT-BREAKINGVIEWS-Soaring drone IPO is likely to fly off-course
By Robert CyranNEW YORK, March 19 (Reuters Breakingviews) - Autonomous drones have changed the course of warfare. They have not, as yet, upended certain truisms of the equity markets. After an initial public offering by autonomous guidance software developer Swarmer SWMR.O on Tuesday, its stock popp...Reuters
3 minutes ago
RPT-BREAKINGVIEWS-Fed's new rulebook makes banks bigger, not better
By Stephen Gandel NEW YORK, March 19 (Reuters Breakingviews) - Wall Street has gotten what it wanted. Whether the Trump administration will is another matter. On Thursday, financial watchdogs unveiled a long-awaited, and long-contested, draft implementation of international regulations known as t...Reuters
3 minutes ago
ByteDance to sell gaming unit Moonton to Saudi PIF-owned firm
HONG KONG, March 20 (Reuters) - Chinese tech company ByteDance said on Friday it has agreed to sell Shanghai Moonton Technology, the studio behind the popular mobile game Mobile Legends: Bang Bang, to a Riyadh-based gaming firm owned by Saudi Arabia's Public Investment Fund (PIF).It did not disc...Reuters
4 minutes ago
Ukraine deploys units to intercept drones in five Middle Eastern countries
KYIV, March 20 (Reuters) - Ukraine has deployed military units to protect critical and civilian infrastructure against drones in five Middle Eastern countries, Ukraine's security council secretary Rustem Umerov said after a visit to the region. Umerov has visited the United Arab Emirates, Sa...Reuters
7 minutes ago
China to release conclusions of probe into Mexico's trade measures soon
BEIJING, March 20 (Reuters) - China's commerce ministry said on Friday it will soon release the final conclusions of a trade probe launched in September into Mexico's restrictive measures against Beijing.The ministry said in a statement published on its website that China had expressed "...Reuters
13 minutes ago
SkinBioTherapeutics HY26 Results Delayed Until Board Investigation Is Complete
March 20 (Reuters) - SkinBioTherapeutics PLC SBTX.L:SKINBIOTHERAPEUTICS - UPDATE ON BOARD INVESTIGATION AND INTERIMS DATESKINBIOTHERAPEUTICS PLC - HY26 RESULTS DELAYED UNTIL BOARD INVESTIGATION IS COMPLETESKINBIOTHERAPEUTICS PLC: EXPECTS THAT TRADING IN COMPANY'S ORDINARY SHARES WILL BE SUSPENDE...Reuters
20 minutes ago
Norway's crown princess says she was 'manipulated and deceived' by Epstein
Crown Princess Mette-Marit speaks of her friendship with EpsteinSays she never saw anything illegal while staying at his houseMette-Marit's son is on trial accused of rape, domestic abuseRoyal family's popularity has declined, polls showPM: crown princess taking responsibility By Terje Solsv...Reuters
20 minutes ago
FACTBOX-Big-ticket consumer deals over past few decades
By Juveria Tabassum March 20 (Reuters) - Unilever is in talks to sell its food business to smaller rival McCormick, a potential deal that would unite the British company's Hellmann's and Knorr brands with the U.S. spice maker's Cholula hot sauce.Deal-making in the consumer goods indus...Reuters
22 minutes ago
Zegna adjusted operating profit falls 11% after Saks Global provision
MILAN, March 20 (Reuters) - Adjusted operating profit at Italian luxury group Ermenegildo Zegna JN0.F fell 11.4% to 163 million euros ($188.49 million)last year, after the group booked a 10-million-euro allowance for expected losses on trade receivables linked to a Saks Global Chapter 11 filing. ...Reuters
28 minutes ago
US State Dept forms new humanitarian bureau after foreign aid overhaul
New bureau to echew social programs, climate projectsUSAID dismantled last year, absorbed into State DepartmentBureau to operate in 12 hubs with $5.4 billion fundingBy Simon Lewis WASHINGTON, March 20 (Reuters) - The U.S. State Department on Friday established a new bureau to oversee U.S. respons...Reuters
33 minutes ago
Prestige Consumer to buy Breathe Right brand in $1.05 billion deal
March 20 (Reuters) - U.S. consumer health products maker Prestige Consumer Healthcare PBH.N said on Friday it would buy the Breathe Right brand and other assets from Foundation Consumer Healthcare in a deal valued at $1.045 billion. The deal also equates to about $900 million after tax benefits, ...Reuters
33 minutes ago
FACTBOX-What Unilever and McCormick bring to the table in mega deal pursuit
March 20 (Reuters) - Unilever ULVR.L is in talks to sell its foods business to smaller rival McCormick & Company MKC.N, a potential deal that would unite the British company's Hellmann's and Knorr brands with the U.S. spice maker's Cholula hot sauce. The deal talks come months a...Reuters
34 minutes ago
Ukraine deploys units to intercept targets in Middle East
KYIV, March 20 (Reuters) - Ukraine has deployed interceptor units to protect critical and civil infrastructure in five Middle Eastern countries, Ukraine's security council secretary Rustem Umerov said after a visit to the region."Work is also underway to expand coverage areas," Umerov wr...Reuters
35 minutes ago
Removing sanctions on Iran oil will bring supplies into ports, US energy secretary says
WASHINGTON, March 20 (Reuters) - Removing oil sanctions on stranded Iranian oil would get supplies to Asia within three or four days, U.S. Energy Secretary Chris Wright said on Friday.Treasury Secretary Scott Bessent said on Thursday the U.S. may soon remove sanctions on Iranian oil stranded on tan...Reuters
39 minutes ago
Switzerland halts weapons exports to US due to Iran war
March 20 (Reuters) - Switzerland on Friday said it would not issue licences for companies to export weapons to the United States due to the ongoing attacks on Iran, citing its neutrality. "The export of war materiel to countries involved in the international armed conflict with Iran cannot be au...Reuters
41 minutes ago
Deals of the day-Mergers and acquisitions
March 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Friday: Unilever is in talks to sell its foods business to smaller rival McCormick & Company , a potential deal that would unite the British company's Hel...Reuters
42 minutes ago
M&A activity to accelerate this year despite war disruption, Goldman Sachs says
March 20 (Reuters) - Goldman Sachs GS.N expects mergers and acquisitions activity to be on the upswing this year despite the disruption caused by the U.S.-Israeli war on Iran, CEO David Solomon said on Friday."While it is difficult to predict the broader economic effects of the military action b...Reuters
52 minutes ago
Soccer-Man Utd defender Maguire recalled to Tuchel's England squad
Maguire returns to England squad after strong performances at Manchester UnitedTuchel names 35-man squad, split for two friendly matchesBellingham included, Alexander-Arnold misses cut March 20 (Reuters) - England have brought back defender Harry Maguire for this month's friendly matches against...Reuters
57 minutes ago
FACTBOX-Who hurts most as Iran war hits global economy?
By Yoruk Bahceli and Marc Jones LONDON, March 20 (Reuters) - Any prolongation of the Iran warrisks creating an unprecedented crisis in energy supplies that sooner or later will hit every corner of the global economy.But it is already clear that some countries are either more exposed to that impac...Reuters
59 minutes ago
