London Stock Exchange Group plc press release ( LSEGY ): Q1 Total income of $2.51B (+6.8% Y/Y). Financial guidance: Organic constant currency growth in total income excluding recoveries of 6.5-7.5%, including an acceleration in our subscription businesses’ organic growth. We expect growth to be in the upper half of the guidance range. • An improvement in constant currency EBITDA margin of 80-100 b...
London Stock Exchange Group plc press release ( LSEGY ): Q1 Total income of $2.51B (+6.8% Y/Y). Financial guidance: Organic constant currency growth in total income excluding recoveries of 6.5-7.5%, including an acceleration in our subscription businesses’ organic growth. We expect growth to be in the upper half of the guidance range. • An improvement in constant currency EBITDA margin of 80-100 basis points • Capex intensity of c. 9.5% of total income excluding recoveries • Equity free cash flow of at least £2.7 billion, Underlying effective tax rate of 24-25%. More on London Stock Exchange Group plc Exchanges Profit Whether Markets Are Up Or Down, Part I: London Stock Exchange Group London Stock Exchange: Solid 2026 Guidance And Over 8% Shareholder Yield Supports Buy Rating London Stock Exchange Group plc (LSEGY) Q4 2025 Earnings Call Transcript London Stock Exchange seeing a ‘relief transaction trade’ amid Middle East tensions – CEO Elliott Management said to build stake in London Stock Exchange Group
While the population of southern Lebanon have sometimes felt abandoned by their own state, a show in London told their stories and celebrated their resistance In one room of London’s Palestine House, a large screen plays looped news footage from southern Lebanon . Tanks and armoured vehicles plough their way through a rural landscape of hills and villages, amid frequent interruptions of mortar fir...
While the population of southern Lebanon have sometimes felt abandoned by their own state, a show in London told their stories and celebrated their resistance In one room of London’s Palestine House, a large screen plays looped news footage from southern Lebanon . Tanks and armoured vehicles plough their way through a rural landscape of hills and villages, amid frequent interruptions of mortar fire. As a person turns away from the screen, she says that “it’s like watching the news now”. For all its similarities to current events, the archival video actually dates from 2000 – the year of Israel’s withdrawal from the region, following an 18-year-long military occupation. Another corner of the room plays host to broadsheet pages from newspapers of the time, including a front-page report from the Guardian’s then Middle East correspondent, Suzanne Goldenberg . Continue reading...
AlexLMX/iStock via Getty Images By Min Joo Kang , Senior Economist, South Korea and Japan Stronger-than-expected first quarter growth sets a faster pace for 2026 growth expansion South Korea’s GDP surged 1.7% quarter-on-quarter between January and March (vs. -0.2% in 4Q25, 0.9% market consensus and 1.0% INGf), thanks to robust global chip demand and AI investment. In year-on-year terms, GDP grew 3...
AlexLMX/iStock via Getty Images By Min Joo Kang , Senior Economist, South Korea and Japan Stronger-than-expected first quarter growth sets a faster pace for 2026 growth expansion South Korea’s GDP surged 1.7% quarter-on-quarter between January and March (vs. -0.2% in 4Q25, 0.9% market consensus and 1.0% INGf), thanks to robust global chip demand and AI investment. In year-on-year terms, GDP grew 3.6%. So far, Middle East energy supply disruptions haven’t affected the global chip cycle or AI trends. Strong exports were the main driver of growth. Net exports contributed 1.1 ppt, while domestic demand also added a solid 0.6 ppt. Private consumption (0.5%), construction (2.8%), and facility investment (4.8%) all rose. Inventory contribution was negative (-0.4 ppt), likely due to oil and energy supply shortages, suggesting a possible slowdown in manufacturing activity in the current quarter and possibly beyond. Growth is unlikely to remain at this high pace in the coming quarters We expect strong chip momentum to continue, but also a slowdown in 2Q26 growth as energy disruptions affect activity across petrochemicals and other manufacturing sectors. The Korean government implemented a temporary export ban on Naphtha, and Korean companies increased oil and gas imports from outside the Middle East. Despite these measures, manufacturing activity still cannot be sustained at full capacity. Utilisation at Naphtha Cracking Centres (NCCs) has already fallen to historic lows, while other industries have begun scaling back inventories and production. Robust exports are expected to remain a key driver of growth Source: CEIC Weak consumer sentiment indicated slowdown in domestic demand In a separate report, consumer sentiment worsened quite sharply in April. The composite sentiment index dropped to 99.2 from the previous month’s 107, below the neutral level. Outlook indices dropped significantly, suggesting weakening consumer activity. The government’s cash payout – 70% of the popul...
(RTTNews) - BioMerieux (EYWN.MU, BIM.PA) reported first quarter consolidated sales of 984 million euros, down 10.4% as reported from last year. On an organic basis, sales were down 3.9%. The company said the decline was due to a weaker respiratory season compared with the except
(RTTNews) - BioMerieux (EYWN.MU, BIM.PA) reported first quarter consolidated sales of 984 million euros, down 10.4% as reported from last year. On an organic basis, sales were down 3.9%. The company said the decline was due to a weaker respiratory season compared with the except
(RTTNews) - French automajor Renault Group (RNSDY.PK, RNSDF.PK, RNT.L) reported Thursday higher revenues in its first quarter, driven by both Automotive and Mobilize Financial Services or MFS.
(RTTNews) - French automajor Renault Group (RNSDY.PK, RNSDF.PK, RNT.L) reported Thursday higher revenues in its first quarter, driven by both Automotive and Mobilize Financial Services or MFS.
KanawatTH Taiwan Semiconductor Manufacturing (TSMC) said it plans to open an advanced chip packaging facility in Arizona by 2029, according to a Reuters report that cites company executives. This would broaden its U.S. manufacturing footprint and reduce the need to ship chips back to Taiwan for packaging. Deputy co-chief operating officer Kevin Zhang confirmed on Wednesday, ahead of a conference i...
KanawatTH Taiwan Semiconductor Manufacturing (TSMC) said it plans to open an advanced chip packaging facility in Arizona by 2029, according to a Reuters report that cites company executives. This would broaden its U.S. manufacturing footprint and reduce the need to ship chips back to Taiwan for packaging. Deputy co-chief operating officer Kevin Zhang confirmed on Wednesday, ahead of a conference in Santa Clara, California, that the company aims to have the facility operational before 2029. Construction has already begun, the report added. “We are going to build a CoWoS capability and 3D-IC capability there before 2029, so that is still our goal,” Zhang said, referring to two of TSMC’s advanced packaging technologies, which are critical for high-performance and AI chips used by customers like Nvidia ( NVDA ) and Apple ( AAPL ). The move is strategically important because, despite TSMC already producing chips at its Arizona fabs, many chips currently need to be sent back to Taiwan for final packaging, adding time and cost to the supply chain. TSMC also said construction has already begun. "We are aggressively expanding our own capability within the Arizona facility," Zhang said on Tuesday ahead of the conference. Amkor Technology ( AMKR ) said last year it is collaborating with major customers to develop an advanced chip packaging facility in Arizona, targeting construction completion by mid-2027 and production ramp-up in early 2028. Amkor ( AMKR ) and TSM (TSMC) also announced in 2024 plans to jointly bring some of TSM’s advanced packaging technologies to the U.S. "There are still some moving parts. I would say we are definitely looking at all possibilities to have a very diverse manufacturing footprint." said Zhang. More on Taiwan Semiconductor Manufacturing Company Taiwan Semiconductor: The AI Boom Is Broadening, And That Matters TSMC: The Market Is Pricing A Foundry Like A Cyclical. It Is Not One. TSMC: AI Supercycle Buys Don't Come Stronger Than This TSMC debu...
KanawatTH Taiwan Semiconductor Manufacturing (TSMC) said it plans to open an advanced chip packaging facility in Arizona by 2029, according to a Reuters report that cites company executives. This would broaden its U.S. manufacturing footprint and reduce the need to ship chips back to Taiwan for packaging. Deputy co-chief operating officer Kevin Zhang confirmed on Wednesday, ahead of a conference i...
KanawatTH Taiwan Semiconductor Manufacturing (TSMC) said it plans to open an advanced chip packaging facility in Arizona by 2029, according to a Reuters report that cites company executives. This would broaden its U.S. manufacturing footprint and reduce the need to ship chips back to Taiwan for packaging. Deputy co-chief operating officer Kevin Zhang confirmed on Wednesday, ahead of a conference in Santa Clara, California, that the company aims to have the facility operational before 2029. Construction has already begun, the report added. “We are going to build a CoWoS capability and 3D-IC capability there before 2029, so that is still our goal,” Zhang said, referring to two of TSMC’s advanced packaging technologies, which are critical for high-performance and AI chips used by customers like Nvidia ( NVDA ) and Apple ( AAPL ). The move is strategically important because, despite TSMC already producing chips at its Arizona fabs, many chips currently need to be sent back to Taiwan for final packaging, adding time and cost to the supply chain. TSMC also said construction has already begun. "We are aggressively expanding our own capability within the Arizona facility," Zhang said on Tuesday ahead of the conference. Amkor Technology ( AMKR ) said last year it is collaborating with major customers to develop an advanced chip packaging facility in Arizona, targeting construction completion by mid-2027 and production ramp-up in early 2028. Amkor ( AMKR ) and TSM (TSMC) also announced in 2024 plans to jointly bring some of TSM’s advanced packaging technologies to the U.S. "There are still some moving parts. I would say we are definitely looking at all possibilities to have a very diverse manufacturing footprint." said Zhang. More on Taiwan Semiconductor Manufacturing Company Taiwan Semiconductor: The AI Boom Is Broadening, And That Matters TSMC: The Market Is Pricing A Foundry Like A Cyclical. It Is Not One. TSMC: AI Supercycle Buys Don't Come Stronger Than This TSMC debu...