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HSBC poised to see off Asia spinoff threat at crunch shareholder vote
By Lawrence White BIRMINGHAM, England (Reuters) -HSBC is expected on Friday to defeat a proposal by Hong Kong-based investors, backed by its biggest Asian shareholder Ping An, which calls for the lend...
Syndicated Content May 05, 2023
Coty eyes dual listing on Paris Stock Exchange
(Reuters) - Coty Inc said on Friday it would explore a listing on the Paris Stock Exchange as the CoverGirl cosmetics maker looks to strengthen its presence in Europe and tap into new investors in the...
Syndicated Content May 05, 2023
PBF Energy beats quarterly profit estimates on strong margins
(Reuters) - U.S. refiner PBF Energy Inc beat estimates for first-quarter profit on Friday, aided by higher margins amid tight supplies and strong demand for fuel. Refining margins have risen after pan...
Syndicated Content May 05, 2023
Futures climb on Apple earnings cheer, key jobs report on tap
(Reuters) - U.S. stock index futures rose on Friday as upbeat results from Apple underscored corporate earnings resilience despite a slowing U.S. economy, while investors awaited a key monthly employm...
Syndicated Content May 05, 2023
UBS raises expectations for ECB’s terminal rate; SocGen sees it peaking at 4%
(Reuters) -Economists at UBS expect the benchmark interest rate in the eurozone to peak at 3.75%, while Societe Generale sees it at 4% after the European Central Bank (ECB) signalled more tightening a...
Syndicated Content May 05, 2023
US regional lenders eke out gains after brutal sell-off
(Reuters) - Shares of U.S. regional lenders rose in premarket trading on Friday following a brutal sell-off during the week that saw First Republic Bank collapse and peer PacWest Bancorp explore strat...
Syndicated Content May 05, 2023
Director Damien Chazelle to head Venice Film Festival
ROME (Reuters) - Damien Chazelle, the Oscar-winning director of hit movies "La La Land" and "Whiplash", will head the main competition jury at this year's Venice Film Festival, organisers said on Frid...
Syndicated Content May 05, 2023
Telecom Italia up after deadline for final grid offer set
By Elvira Pollina MILAN (Reuters) -Shares in Telecom Italia (TIM) rose as much as 4% on Friday as the board of the phone group set a final deadline of June 9 for improved offers for its prized landlin...
Syndicated Content May 05, 2023
Cigna lifts profit view after lower medical costs drive Q1 beat
By Leroy Leo and Khushi Mandowara (Reuters) - Cigna Group on Friday raised its annual profit forecast after strong growth and lower medical costs at the company's health insurance business helped it b...
Syndicated Content May 05, 2023
Analysis-Icahn’s mark-up of meat packager extraordinary but possible, experts say
By Koh Gui Qing NEW YORK (Reuters) - As investors and financial experts pored over Hindenburg Research's allegations against activist investor Carl Icahn's holding company this week, one easy-to-verif...
Syndicated Content May 05, 2023

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