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BHP Maintains Annual Guidance as Third-Quarter Iron-Ore Production Falls 7%
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Adidas Maintains Outlook as First Quarter Tops Forecasts
Adidas posted above-forecast profits for the first quarter, citing brand momentum, and confirmed its recently-lifted outlook for the year.The Wall Street Journal - Business -
Aston Martin losses jump 90% on drop in SUV sales
British carmaker reports £138.8mn pre-tax loss as it wrestles with debtFinancial Times - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Coca-Cola beats first-quarter earnings estimates, raises annual revenue outlook
Coca-Cola Co. reported better-than-expected first-quarter results before market open Tuesday, boosted by what the beverage giant described as “a dynamic backdrop.”MarketWatch - Business -
How BHP’s ‘Meticulous Mike’ planned his Anglo American approach
Mike Henry has positioned world’s largest miner for a big deal and was prepared for initial rejection by UK-listed targetFinancial Times - Business -
Adidas delaying launches of premium trainers to maintain exclusivity
Chief executive says market could ‘overheat’ and suggests rival Nike overpaid in its German football sponsorship dealFinancial Times - Business -
Next Backs Guidance as Sales Rise Tops Hopes
Next reiterated its guidance for fiscal 2025, forecast an adjusted profit of £960 million, after reporting an above-forecast rise in full-price sales for the first quarter.The Wall Street Journal - World -
US reluctant to back stringent production curbs in plastics treaty
Washington takes similar line to Russia and China as UN talks head towards conclusion without a dealFinancial Times - Business -
EEOC Updates Workplace Guidance for the First Time in 25 Years
The EEOC's new workplace harassment guidelines address gender identity, abortion, and remote work.Inc. - Business -
Chief Technology and Chief Product Officers Earn More Than CEOs at Early Stage Startups. Here's Why
When a company is trying to scale, certain skills come at a very high premium.Inc. - Business
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Private Equity and Traditional Insurers Spar Over Risk Rules
Over the past decade, insurance has become a cash cow for PE firms. The standoff over illiquid securities has become ‘a proxy for private equity’s entrance into the sector,’ says one observer.The Wall Street Journal - World -
Renegade Partners Nets $128 Million as Smaller Funds Have Their Moment
The average size of a U.S. venture fund in the first quarter of this year was $105 million, a 34% fall from all of last year and its lowest level since 2017.The Wall Street Journal - World -
UCLA Violence Prompts Police Response After Demonstrations Are Broken Up at Columbia
Footage at UCLA showed fireworks being directed at the demonstrators’ encampment and brawls breaking out between protesters, some armed with sticks and other improvised weapons.The Wall Street Journal - World -
Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - World -
A Yeast-Like Bacteria Can Cut Carbon Emissions While Creating Sustainable Aviation Fuel and Sneakers
LanzaTech’s technology can cut steel plants’ CO2 output by a third while also creating ethanol for environmentally friendly plastics and fuel.The Wall Street Journal - World