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Tuesday, 30 April 2019

Logitech fourth-quarter profit rises 22 percent

Logitech International SA said keyboards and mice for players of multiplayer online games like Fortnite had surged as the peripherals maker on Tuesday reported a 22 percent increase in profit during its fourth quarter.


from Reuters: Technology, Media & Telecommunications https://reut.rs/2ZLFxD1

UPDATE 3-Woodstock 50th anniversary going ahead, organizers say, despite investor withdrawal

A planned three-day concert marking the 50th anniversary of the Woodstock music festival was thrown into doubt on Monday after the lead investors said they had canceled the event but organizers said they were going ahead.


from Reuters: Technology, Media & Telecommunications https://reut.rs/2UO9E9n

Seaweed pods cut waste and keep London's marathon running

Thousands of runners at the London marathon have been given drinks in a sustainable alternative to plastic bottles - edible seaweed capsules that can be either eaten or drunk.


from Reuters Video: Sports and Leisure https://reut.rs/2V5W5Hs

Exclusive: Blackwater founder’s latest sales pitch - mercenaries for Venezuela

Erik Prince - the founder of the controversial private security firm Blackwater and a prominent supporter of U.S. President Donald Trump - has been pushing a plan to deploy a private army to help topple Venezuela’s socialist president, Nicholas Maduro, four sources with knowledge of the effort told Reuters.


from Reuters: Top News https://reut.rs/2IPHTvI

BP's profit slump buffered by higher output, trading

BP's first quarter profits fell by nearly a third but beat forecasts as lower oil and gas prices and weaker refining margins were offset by higher production and a stronger trading performance.


from Reuters: Top News https://reut.rs/2XRecO8

UK watchdog fines KPMG and partners on auditing of insurer

The Financial Reporting Council (FRC) has fined auditor KPMG and some of its partners for the auditing of motor vehicles insurer Equity Syndicate Management (ESM) Limited.


from Reuters: Top News https://reut.rs/2XVpbWJ

Airbus keeps outlook as first-quarter core earnings rise

European planemaker Airbus stuck to its full-year financial targets after reporting slightly higher-than-expected core first-quarter profits, overshadowed by a heavy drain on cash as it stocked parts to ease industrial bottlenecks.


from Reuters: Top News https://reut.rs/2WmFUlm

Airbus details Saudi charges, reaffirms output plans

Airbus took 297 million euros (£256.7 million) of charges related to a Saudi border contract after Germany extended a ban on defence exports to the Gulf kingdom, chief financial officer Dominik Asam said.


from Reuters: Top News https://reut.rs/2XOFqFc

Brexit delay leaves little scope for Bank of England rate rise

A six-month delay to Brexit gives Britain's central bankers space to take a broader view of the economy this week, but persistent uncertainty over leaving the European Union makes them unlikely to raise interest rates any time soon.


from Reuters: Top News https://reut.rs/2DBNvFs

Fearful and fenced in - foreign children of IS face indefinite stay in Iraq

The children ran along the narrow enclosure, screaming, fighting and crying for the attention of the prison worker distributing sweets and balloons. Bug-bitten toddlers, too small to walk, clung to the sides of the chain link fence, staring blankly.


from Reuters: Top News https://reut.rs/2IReYay

Sri Lanka maintains high alert for attacks ahead of Ramadan

Sri Lankan security forces maintained a high level of alert on Tuesday after the Easter Sunday bombings, officials said, amid intelligence reports that Islamist militants were planning fresh attacks before the start of the holy Islamic month of Ramadan.


from Reuters: Top News https://reut.rs/2Lgcftc

Asian stocks fall on softer Chinese data, caution before Fed meeting

Shares in Asia fell on Tuesday as readings on China's manufacturing activity failed to meet expectations, underscoring weakness in the world's second-largest economy despite Beijing's attempts to spur growth.


from Reuters: Top News https://reut.rs/2J2AOXP

Trump sues Deutsche Bank and Capital One to block House subpoenas

U.S. President Donald Trump, three of his children and seven of his companies filed a federal lawsuit Monday against Deutsche Bank and Capital One Financial Corp to block the banks from complying with federal subpoenas investigating his financial dealings.


from Reuters: Top News https://reut.rs/2J1ubVG