(Reuters) – OMV faces impacts from U.S. tariffs in certain areas, though its exposure in North America is relatively low, CFO Reinhard Florey said on Tuesday, in a call following the Austrian oil and gas firm’s results. “However, this exposure includes activities that are in the USA itself and…this means that tariffs go nowhere there …
OMV sees limited impact from US tariffs, CFO says Read More »
(Reuters) – Regeneron Pharmaceuticals beat fourth-quarter sales and profit estimates on Tuesday, on continuing demand for its eczema treatment, Dupixent, and announced a dividend and stock buyback program, sending its shares up 2.2% premarket. U.S. sales of Eylea, which has been its long-standing cash cow, rose by 2% to $1.5 billion, including $305 million from …
Regeneron beats quarterly estimates on eczema drug demand; launches dividend program Read More »
By Amy Lv and Lewis Jackson BEIJING(Reuters) -China announced sweeping export controls on Tuesday targeting five metals used across defence, clean energy and other industries, minutes after an additional 10% tariff on Chinese goods imposed by U.S. President Donald Trump came into effect. The decision to restrict tungsten and indium, among other metals, is the …
Factbox-China’s curbs on exports of strategic minerals Read More »
(Reuters) -Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing weaker commodity prices and the impact of gas and power regulations. The company said it aims to invest around 8 billion lei this year mainly in its Neptun Deep Black Sea offshore gas project and …
Romania’s OMV Petrom quarterly profit sinks 57% on weaker prices, regulatory pressure Read More »
By Nell Mackenzie LONDON (Reuters) – Investors, fearful of choppier markets in 2025, are again favouring alternative trades and moving away from hedge fund strategies that profit when broader markets rise or fall, a Barclays investor survey showed on Tuesday. They want hedge funds to shrink the proportion of their strategy that profits from so-called …
Hedge fund investors push for alternative trades in choppy markets, says Barclays Read More »
BRUSSELS (Reuters) -The European Union will be ready for tough negotiations with the United States to protect its own interests and will be pragmatic in trying to find solutions, EU Commission President Ursula von der Leyen said as Europe braces for potential new U.S. tariffs. U.S. President Donald Trump declared at the weekend that he …
EU will be ready for tough negotiations with US, von der Leyen says Read More »
LONDON (Reuters) – The head of Britain’s statistical office said on Tuesday he was “super-hopeful” that the shift to a new, improved labour market survey could take place next year and not in 2027 which has previously been mentioned as a possible roll-out date. “I would very much like the number to end with a …
UK statistics boss says he is hoping for labour data overhaul in 2026 Read More »
By Mathieu Rosemain PARIS (Reuters) -BNP Paribas reported a forecast-beating jump in quarterly earnings thanks to a surge in trading activity, boosting the French bank’s struggling stock price as it pushes ahead with cost cuts to improve profitability. For CEO Jean-Laurent Bonnafe, who has bet on the investment bank as European rivals retreated, the results …
BNP Paribas’ investment bank shines in boost for shares Read More »
(Reuters) – Palantir shares rallied over 18% in premarket trading after it forecast upbeat annual revenue fueled by strong demand for its software and data analytics services from businesses racing to adopt generative AI. Palantir, which provides services to governments such as software that visualizes army positions, is set to gain about $35 billion in …
Palantir shares jump on upbeat revenue outlook as businesses adopt AI Read More »
By Lawrence White LONDON (Reuters) – Standard Chartered has appointed former South African bank CEO Maria Ramos as chair to succeed Jose Vinals, who is approaching the end of his nine-year term, the lender said on Tuesday. Ramos, 65, joined StanChart’s board as an independent non-executive director in January 2021 and was the head of …
StanChart picks former South African bank boss Ramos as new chair Read More »
