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  • Apr 22, 2025

EM Stocks Extend Lead Over S&P 500 as Trump Rattles US Markets

(Bloomberg) -- US President Donald Trump’s policy shocks are tilting risk sentiment in favor of emerging-market equities, leading to their biggest outperformance in 16 years over US stocks as investors focus on local growth and earnings.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyThe MS

  • Apr 22, 2025

French court orders market watchdog to review Vivendi's breakup

PARIS (Reuters) -The Paris court of appeals ruled on Tuesday the French market watchdog must reconsider whether a mandatory buyout offer is or was necessary when the former media conglomerate Vivendi completed its multibillion-euro split last year. Last December Vivendi spun off its Canal+, Louis Hachette and Havas businesses, which are now listed as standalone companies in London, Paris and Amsterdam respectively. The breakup was championed by Vivendi's largest shareholder Bollore SE, the holding company of French billionaire Vincent Bollore.

  • Apr 22, 2025

Moody's cuts profit forecast on market volatility after solid first quarter

Shares of the financial insights company, best known for rating the creditworthiness of corporate and government bonds, fell 2% before the opening bell. The forecast cut comes as fears of disruption from fluctuating U.S. trade policy have led companies to pause debt issuance. In the reported quarter, however, profit attributable to the company grew 8% to $625 million, or $3.46 per share, compared with $577 million, or $3.15 per share, a year ago.

  • Apr 22, 2025

Iridium’s (NASDAQ:IRDM) Q1 Sales Beat Estimates

Satellite communications provider reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 5.4% year on year to $214.9 million. Its GAAP profit of $0.27 per share was 27% above analysts’ consensus estimates.

  • Apr 22, 2025

TSX rises but Trump's Fed comments keep investors cautious

(Reuters) -Canada's main stock index rose on Tuesday, as investors took a breather after the previous session's decline that was triggered by U.S. President Donald Trump's recent attacks on Federal Reserve Chair Jerome Powell. The Toronto Stock Exchange's S&P/TSX Composite Index rose 1.2% to 24,285.17 points, its highest level since April 3. However, investors remained concerned about a market turmoil if Trump followed through on his threats to fire Powell, analysts said.

  • Apr 22, 2025

Oil group Equinor must explain climate discrepancy, minority owners say

OSLO (Reuters) -The board of Norway's Equinor must explain how the company's plan to raise oil and gas production aligns with its stated commitment to the Paris agreement on curbing climate change, a group of minority shareholders said on Tuesday. Equinor, which is 67% government owned, this year joined the likes of Shell and BP in promising higher petroleum output while scaling back investment in renewables. In a resolution to be voted on at Equinor's May 14 annual general meeting, the minority owners said there were "material inconsistencies" between the company's climate strategy and the policy expectations expressed by its majority shareholder.

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