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U.S. RESEARCH ROUNDUP-Dutch Bros, Phreesia, Starbucks
March 31 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Dutch Bros, Phreesia and Starbucks on Tuesday. HIGHLIGHTSDutch Bros Inc BROS.N: Exane BNP Paribas initiates coverage with outperform ratingPhreesia Inc PHR.N: JP M...Reuters
4 minutes ago
Private lenders delay reckoning with payment concessions on stressed debt
Business development corporations face redemption pressure on credit quality concernsPayment-in-kind financing allows deferral of cash interest payments, increasing loan principalSoftware sector's struggles may increase PIK frequencyBy Matt TracyWASHINGTON, March 31 (Reuters) - Private credit le...Reuters
4 minutes ago
JPMorgan to increase small-business lending, hire more credit officers
By Tatiana BautzerNEW YORK, March 31 (Reuters) - JPMorgan Chase JPM.N is planning a significant increase in loans to small businesses in coming years as part of a plan aimed at boosting growth in local U.S. economies.JPMorgan's goal is to increase its small business clients from 7 million to 10 ...Reuters
4 minutes ago
FOCUS-US banks raising borrowing costs for private credit funds as AI fears pummel valuations, sources say
Banks demand higher interest rates for private credit fund loansConcerns over AI competition impact private credit valuationsLatest sign of concern around private credit By Isla Binnie and Saeed Azhar NEW YORK, March 31 (Reuters) - Banks in the United States are charging more for some loans to pr...Reuters
4 minutes ago
LaGuardia controller staffing may have violated procedures on night of collision, document shows
Local air and ground roles at LaGuardia not supposed to be combined before midnight-documentRule put in place after 1997 ground collision, according to NTSB reportNTSB investigating which of the controllers in the tower was handling ground roleBy Doyinsola Oladipo NEW YORK, March 31 (Reuters) - A...Reuters
4 minutes ago
Israel to establish buffer zone in south Lebanon up to Litani River, defence minister says
JERUSALEM, March 31 (Reuters) - Israel will establish a buffer zone inside southern Lebanon and maintain control over the entire area up to the Litani River once the conflict with Hezbollah militants ends, Israel's defence minister said on Tuesday."At the end of the operation, the IDF would ...Reuters
6 minutes ago
Autonomous shipmaker Saronic valued at $9.25 billion in latest funding round
March 31 (Reuters) - Saronic Technologies said on Tuesday it had raised $1.75 billion in a late-stage funding round led by venture capital firm Kleiner Perkins, more than doubling the valuation of the maker of autonomous ships in just over a year. The defense company has drawn big-name investors as ...Reuters
7 minutes ago
Russia's Putin, Egypt's Sisi discuss Middle East conflict by phone, TASS says
MOSCOW, March 31 (Reuters) - Russian President Vladimir Putin and his Egyptian counterpart Abdel Fattah al-Sisi discussed the war in the Middle East by phone on Tuesday, Russia's TASS state news agency reported.The two men also spoke about large-scale investment projects in energy and industry, ...Reuters
14 minutes ago
Israel to establish buffer zone in south Lebanon up to Litani River, defence minister says
March 31 (Reuters) - Israel will establish a buffer zone inside southern Lebanon and maintain control over the entire area up to the Litani River, Israel's defence minister said on Tuesday.Reuters
20 minutes ago
Volvo Cars to swap over $300 million of Polestar debt to refocus US production
Polestar to discontinue Polestar 3 production in ChinaVolvo Cars to convert $274 million of Polestar debt into sharesSecond tranche of $65 million expected in Q2After deal, Volvo Cars to own 19.9% of PolestarBoth brands, owned by Geely Holding, struggle with slowing EV salesBy Marie Mannes and Aless...Reuters
38 minutes ago
Unilever, McCormick close in on deal to create $60 billion food giant
Unilever to receive $15.7 billion in cash from potential dealAn agreement could be concluded on Tuesday, company saysUnilever shareholders to retain 65% stake in merged entityBy Richa Naidu and Yadarisa Shabong LONDON, March 31 (Reuters) - Unilever ULVR.L is in advanced talks to merge its food bu...Reuters
39 minutes ago
Whoop Raises $575 Million At $10.1 Billion Valuation To Advance Global Health Platform
March 31 (Reuters) - Whoop:WHOOP: RAISES $575 MILLION AT $10.1 BILLION VALUATION TO ADVANCE GLOBAL HEALTH PLATFORMWHOOP: ROUND LED BY COLLABORATIVE FUND WITH PARTICIPATION FROM 2POINTZERO GROUP, QATAR INVESTMENT AUTHORITY, MUBADALA INVESTMENT COMPANYWHOOP: ROUND INCLUDED PARTICIPATION FROM ABBOTT, M...Reuters
39 minutes ago
Israel prepared to keep striking Iran for 'weeks to come', military spokesperson says
JERUSALEM, March 31 (Reuters) - Israel is prepared for "weeks" more of fighting in Iran, a military spokesman said on Tuesday after Prime Minister Benjamin Netanyahu said in an interview the war was "beyond the halfway point."Lieutenant Colonel Nadav Shoshani told reporters the decis...Reuters
54 minutes ago
Italy's antitrust agency fines Morellato $30 million for alleged sales restrictions
ROME, March 31 (Reuters) - Italy's competition authority has fined jewellery and watch-maker Morellato 25.9 million euros ($29.7 million) for alleged unfair restrictions on its sales distributors, the regulator said on Tuesday.The watchdog said Morellato imposed resale prices by fixing maximum d...Reuters
57 minutes ago
Saronic Technologies raises $1.75 billion at $9.25 billion valuation
March 31 (Reuters) - Saronic Technologies said on Tuesday it had raised $1.75 billion in a late-stage funding round led by venture capital firm Kleiner Perkins, valuing the autonomous shipbuilding company at $9.25 billion.Reuters
57 minutes ago
Qeshm Island's desalination plant out of service, health official
DUBAI, March 31 (Reuters) - One of the desalination plants on Iran's Qeshm Island has been out of service since being hit by an air strike, an official from the Health Ministry told Iranian media on Tuesday, without saying when the strike occurred. "Drinking water on Qeshm Island is provided...Reuters
59 minutes ago
Italy refuses US aircraft use of Sicily base for Middle East operations, source says
ROME, March 31 (Reuters) - Italy has denied permission for U.S. military aircraft to land at the Sigonella air base in Sicily before flying to the Middle East, a source close to the matter said on Tuesday, confirming a newspaper report.Daily Corriere della Sera reported "some U.S. bombers" h...Reuters
an hour ago
Tech Mahindra Partners With Parkoursc To Deliver AI-Powered Digital Supply Chain Solutions
March 31 (Reuters) - Tech Mahindra Ltd TEML.NS:TECH MAHINDRA - PARTNERS WITH PARKOURSC TO DELIVER AI-POWERED DIGITAL SUPPLY CHAIN SOLUTIONSTECH MAHINDRA - PARTNERSHIP TO ENHANCE SUPPLY CHAIN RESILIENCE IN PHARMACEUTICAL AND COLD CHAIN LOGISTICSReuters
an hour ago
Indian billionaire challenges Adani's winning bid for $4 bln in assets, F1 track
By Arpan ChaturvediNEW DELHI, March 31 (Reuters) - Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani's winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4 billion pool of prized assets that includes the country's only F...Reuters
an hour ago
ZF Commercial Vehicle Control Systems Secures Another ADAS Business Nomination From Indian CV OEM
March 31 (Reuters) - ZF Commercial Vehicle Control Systems India Ltd ZFCV.NS:ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD - SECURES ANOTHER ADAS BUSINESS NOMINATION FROM INDIAN CV OEMReuters
2 hours ago
