FirstFT: Global M&A drought ends as blockbuster deals double in first quarter
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Continental Keeps Guidance Despite Weak First-Quarter
The German car-parts company confirmed both its preliminary figures for the quarter ended March and also backed its full-year outlook, despite posting a net loss of $57 million.The Wall Street Journal - Business -
Robinhood climbs after reporting record earnings for first quarter
Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.CNBC - Business -
Airbnb beats earnings expectations for first quarter but offers weaker-than-expected guidance
Airbnb reported first-quarter results on Wednesday that beat analysts' estimates.CNBC - Business -
AB InBev said its volumes dropped by less than expected in the first quarter and the brewer backed its guidance after saying that its three-month performance was encouraging.
AB InBev said its volumes dropped by less than expected in the first quarter and the brewer backed its guidance after saying that its three-month performance was encouraging.The Wall Street Journal - World -
Disease and hunger soar in Latin America after floods and drought, study finds
Climate chaos is threatening food production, trade and lives, says World Meteorological Organization. Hunger and disease are rising in Latin America after a year of record heat, floods and drought, a report by the World Meteorological ...The Guardian - World -
FirstFT: Toyota plans investments in EVs and AI to compete against Chinese rivals
Also in today’s newsletter, Hong Kong court bans protest anthem and Xi Jinping praises Hungary’s ‘independent’ foreign policyFinancial Times - World -
Why have student protests against Israel’s war in Gaza gone global?
Ceasefire and divestment calls have spread beyond US campuses, with more expected as Rafah offensive begins. University campuses around the world have been the stage of a growing number of protests by students demanding academic institutions ...The Guardian - World - Israel -
To Survive in China, Global Automakers Tap Local Tech Giants
A host of global automakers are increasingly turning to Chinese tech giants in a bid to claw back market share in one of the world’s largest—and fastest-changing—auto markets.The Wall Street Journal - Business - China -
GB Summit 2024’s Women in Gaming Breakfast honors global change
GamesBeat is holding another Women in Gaming Breakfast at GamesBeat Summit 2024 with a panel about gaming and positive global change.VentureBeat - Tech -
AstraZeneca withdraws its COVID-19 vaccine from global market
AstraZeneca is withdrawing its COVID-19 vaccine from the market because of low demand, the drugmaker said Wednesday. The shot, which was never authorized in the U.S., was widely used across the world in the early part of the global vaccine drive. ...The Hill - Politics - Covid -
Want More Nvidia? Investors Try Funds That Double Its Return---and Risk
Assets in leveraged single-stock ETFs have doubled this year.The Wall Street Journal - World -
Airbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market tradingABC News - Tech -
Airbnb expects a stronger summer quarter, spurred by Olympics, but shares fall
Online vacation-rental platform Airbnb Inc. on Wednesday forecast second-quarter sales that were below Wall Street’s expectations, largely due to Easter falling in March this year, but the company said big events abroad like the Summer Olympics in ...MarketWatch - Business -
Real Madrid find a way to final again as late Joselu double breaks Bayern hearts
Just ridiculous. Just Real Madrid. The team that appear to own this competition, that have some mystical hold over the trophy they refuse to let go of, are in the final again because, well, of course they are. Late on another wild, magical night ...The Guardian - World -
Intel said its revenue for the current quarter would be lower than expected amid new restrictions on sales by chip makers to Huawei.
Intel said its revenue for the current quarter would be lower than expected amid new restrictions on sales by chip makers to Huawei.The Wall Street Journal - World -
Toyota projected a drop in fiscal-year profit on higher costs and announced a share buyback after posting stronger fourth-quarter net profit.
Toyota projected a drop in fiscal-year profit on higher costs and announced a share buyback after posting stronger fourth-quarter net profit.The Wall Street Journal - World -
Uber swung to a loss last quarter as legal settlements and equity investments weighed on results even as demand for its rides and deliveries rose.
Uber swung to a loss last quarter as legal settlements and equity investments weighed on results even as demand for its rides and deliveries rose.The Wall Street Journal - World -
TikTok’s Future in U.S. Depends on Bet on First Amendment
The popular video-sharing app faces uncertain odds as it takes its fight to court to turn back a potential ban in the United States.The New York Times - Business -
Kate Forbes appointed deputy first minister of Scotland
Former finance secretary says receiving role in John Swinney’s cabinet is an ‘extraordinary privilege’Financial Times - Business -
Forbes 'honoured' to become deputy first minister
John Swinney has announced his first cabinet after being officially sworn in as first minister.BBC News - Top stories