Brightly coloured yam, long enjoyed in east Asia, has been appearing in drinks, desserts – and, of course, TikTok feeds Bright purple coffees and cocktails made with a root vegetable called ube have hit the high street in the UK after the yam’s striking hue caused a sensation on social media. Many are calling ube the “new matcha”, and it has a nutty, creamy, sweet taste, like a mix between coconut...
Brightly coloured yam, long enjoyed in east Asia, has been appearing in drinks, desserts – and, of course, TikTok feeds Bright purple coffees and cocktails made with a root vegetable called ube have hit the high street in the UK after the yam’s striking hue caused a sensation on social media. Many are calling ube the “new matcha”, and it has a nutty, creamy, sweet taste, like a mix between coconut and vanilla. Ube coloured and flavoured drinks became popular in the US last year, after an earlier boom in Australia . Farmers in the Philippines, where the root vegetable is often sourced, have been struggling to meet demand . Continue reading...
ASML Holding NV ’s valuation relative to its US-listed peers has hit a decade low, suggesting that the Dutch chip-equipment maker’s rally may still have room to run. Europe’s largest technology stock is priced at about 37 times earnings for the next 12 months, roughly 17% higher than Applied Materials Inc. That’s the smallest premium ASML has commanded since 2014. The Amsterdam-listed firm also tr...
ASML Holding NV ’s valuation relative to its US-listed peers has hit a decade low, suggesting that the Dutch chip-equipment maker’s rally may still have room to run. Europe’s largest technology stock is priced at about 37 times earnings for the next 12 months, roughly 17% higher than Applied Materials Inc. That’s the smallest premium ASML has commanded since 2014. The Amsterdam-listed firm also trades at a 5% discount to Lam Research Corp. , a dynamic not seen in 14 years. Meanwhile, its forward price-to-earnings ratio is just below that of KLA Corp . “ASML has never traded without a premium or at a discount to its US peers given its monopoly but now essentially trades in-line with the group,” JPMorgan analyst Sandeep Deshpande said in a note that highlighted the shrinking valuation premium. “We continue to believe ASML is mis-priced,” he added, maintaining an ‘overweight’ rating. ASML remains the sole supplier of extreme ultraviolet lithography machines, critical to advanced semiconductor manufacturing. While its shares have rallied 36% year-to-date on optimism around AI-driven data center demand, its US peers have climbed more. Applied Materials and Lam Research have both gained over 50%. To be sure, ASML is more expensive than it was before. It trades at 31 times next fiscal year’s earnings, well above its five-year average of 22 times. ASML on Wednesday raised its sales guidance for the year, yet the stock fell 4.2% as traders cited elevated expectations and crowded positioning. The shares were up 2.0% as of 12:13 p.m. in Amsterdam on Thursday.
The European Commission has sent preliminary findings to Google on proposed measures to comply with the EU's Digital Markets Act, which would allow third-party search engines to access Google search data, including that of artificial intelligence chatbots with search functionalities, the commission said on Thursday. Google, the world's most popular search engine, was charged in March 2025 w...
The European Commission has sent preliminary findings to Google on proposed measures to comply with the EU's Digital Markets Act, which would allow third-party search engines to access Google search data, including that of artificial intelligence chatbots with search functionalities, the commission said on Thursday. Google, the world's most popular search engine, was charged in March 2025 with breaching the Digital Markets Act.
(RTTNews) - Arthur J. Gallagher & Co. (AJG) announced the acquisition of Bridge Insurance Brokers Limited. Terms of the transaction were not disclosed. Based in UK, Bridge is a commercial insurance broker specializing in real estate, construction, corporate and private client ins
(RTTNews) - Arthur J. Gallagher & Co. (AJG) announced the acquisition of Bridge Insurance Brokers Limited. Terms of the transaction were not disclosed. Based in UK, Bridge is a commercial insurance broker specializing in real estate, construction, corporate and private client ins
The US and Iran are considering a two-week ceasefire extension, according to a person familiar with the matter, who asked not to be identified discussing sensitive matters. Neither side desires restarting fighting, said another person familiar with the discussions, with the war having devastated Iran’s infrastructure and sent energy prices soaring, including in the US. Market expectations for a le...
The US and Iran are considering a two-week ceasefire extension, according to a person familiar with the matter, who asked not to be identified discussing sensitive matters. Neither side desires restarting fighting, said another person familiar with the discussions, with the war having devastated Iran’s infrastructure and sent energy prices soaring, including in the US. Market expectations for a lengthening of the truce and an eventual formal end to the war have risen in the past two days, with many stock exchanges reversing their losses from the conflict and even hitting record highs. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Arthur J. Gallagher ( AJG ) has acquired UK-based commercial insurance broker, Bridge Insurance Brokers. Terms of the transaction were not disclosed. Bridge specializes in real estate, construction, corporate and private client insurance, primarily for UK-based clients with a small international presence. More on Arthur J. Gallagher Don't Overlook Arthur J. Gallagher & Co. When Investing Arthur J....
Arthur J. Gallagher ( AJG ) has acquired UK-based commercial insurance broker, Bridge Insurance Brokers. Terms of the transaction were not disclosed. Bridge specializes in real estate, construction, corporate and private client insurance, primarily for UK-based clients with a small international presence. More on Arthur J. Gallagher Don't Overlook Arthur J. Gallagher & Co. When Investing Arthur J. Gallagher & Co. (AJG) Discusses Strategy, Organic Growth Outlook, and AI Initiatives in Investor Meeting Transcript Arthur J. Gallagher: Cloudy Investment Case Due To AI Disruption Risk Top and bottom large-cap financials emerge in quant rankings before results Arthur J. Gallagher buys Asset Partners Private Wealth
Jian Fan Stock index futures rose on Thursday as market sentiment improved on hopes for a potential peace deal between the U.S. and Iran. Now, here are 5 news stories that broke overnight to watch out for: Strait of Hormuz negotiations: Iran could consider allowing ships to sail freely through the Omani side of the Strait of Hormuz without risk of attack as part of proposals offered in negotiation...
Jian Fan Stock index futures rose on Thursday as market sentiment improved on hopes for a potential peace deal between the U.S. and Iran. Now, here are 5 news stories that broke overnight to watch out for: Strait of Hormuz negotiations: Iran could consider allowing ships to sail freely through the Omani side of the Strait of Hormuz without risk of attack as part of proposals offered in negotiations with the United States, a source briefed by Tehran told Reuters. The source, who declined to be identified due to the sensitivity of the matter, said Iran could be willing to let ships use the other side of the narrow strait in Omani waters without hindrance, providing a deal is clinched to prevent renewed conflict. U.S. oil export record: The Iran war is disrupting global oil markets and speeding up changes in energy trade, helping push the U.S. closer to becoming a net crude exporter for the first time since World War Two. U.S. crude exports are projected to reach a record high of 5.2M bbl/day in May, as Asian buyers snap up cargoes to offset the loss of Middle Eastern supply due to the Iran war, oil research firm Kpler said this week. Iran war fiscal impact: White House Office of Management and Budget Director Russell Vought told lawmakers on Capitol Hill that he couldn’t estimate how much the Iran war would cost taxpayers. “We’re not ready to come to you with a request; we’re still working on it. We’re working through to figure out what’s needed in this fiscal year versus next fiscal year,” Vought told the House Budget Committee on Wednesday, according to CNBC. Pentagon manufacturing talks: Senior Pentagon officials held talks with top executives of several companies, including General Motors ( GM ) and Ford ( F ), to discuss production of weapons and other military supplies , The Wall Street Journal reported. The officials also approached GE Aerospace ( GE ) and machinery maker Oshkosh ( OSK ), according to people familiar with the discussions. Private credit demand:...
(RTTNews) - The German stock market is modestly higher on Thursday with investors indulging in some selective buying amid optimism over a resolution to the ongoing conflict in the Middle East.
(RTTNews) - The German stock market is modestly higher on Thursday with investors indulging in some selective buying amid optimism over a resolution to the ongoing conflict in the Middle East.
Pavel_Chag/iStock via Getty Images In August 2025, I analyzed Rheinmetall AG ( RHM:CA , RNMBY , RNMBF ), citing it as one of the best-positioned companies to benefit from NATO’s increased spending targets. However, the shares have largely remained flat as investors focused on various peace initiatives regarding the Ukraine invasion that could lead to a decline in ammunition sales, as well as on a ...
Pavel_Chag/iStock via Getty Images In August 2025, I analyzed Rheinmetall AG ( RHM:CA , RNMBY , RNMBF ), citing it as one of the best-positioned companies to benefit from NATO’s increased spending targets. However, the shares have largely remained flat as investors focused on various peace initiatives regarding the Ukraine invasion that could lead to a decline in ammunition sales, as well as on a high valuation and lackluster results. I now update the view, cutting the YE26 price target to E$1,844 from E$2,400 due to slower backlog conversion and new contract awards as governments move far more slowly. Buoyant backlog, slower revenue conversion RHM does not have a backlog problem ; since 3Q25, it has increased its backlog by $26 billion, or 32%, which adds greater long-term value to the company and should have led to a positive share price reaction. The problem is the speed at which these contracts are converted into revenue. In 3Q25, the consensus assumed over 20% of backlog would be converted into revenue; by the end of 1Q26, this had dropped to 12% for 2026, and only in 2028 did it reach 20%. This has driven forecasted revenue down by nearly $3 billion a year, which in turn cuts into earnings and valuation. There are several reasons for this delayed revenue or lower conversion ratio, including slower government procurement processes, logistics bottlenecks, and growing pains. Any industrial operation facing large new orders needs to add capacity, machinery, and personnel. It's generally a good problem to have, but it can cause missed guidance and higher costs. Created by author with data from Bloomberg Operating Model In the last year, RHM has added several key combat systems, including naval, air, and ballistic missile capabilities, moving up the value chain and expanding its strategic position as a defense contractor for NATO. The operating model forecasts over 30% consolidated revenue growth led by digital solutions. EBITDA should grow at a rate of 40% through ...
House Democrats file impeachment articles against Trump’s defense secretary as Senate Democrats fail to pass measures to check White House power over Iran war Sign up for the Breaking News US email The first impeachment article alleges that Pete Hegseth started the conflict with Iran “without a declaration of war or specific statutory authorization by the Congress,” and “knowingly exposing members...
House Democrats file impeachment articles against Trump’s defense secretary as Senate Democrats fail to pass measures to check White House power over Iran war Sign up for the Breaking News US email The first impeachment article alleges that Pete Hegseth started the conflict with Iran “without a declaration of war or specific statutory authorization by the Congress,” and “knowingly exposing members of the Armed Forces of the United States to substantial and foreseeable risk of injury or death.” Another article held Hegseth responsible for the strike on an Iranian primary school on 28 February – the day the United States and Israel began bombing Iran – which killed at least 170 people, including students and teachers. Trump threatened to fire Jerome Powell if he stays on as US Federal Reserve chair past the end of his tenure and doubled down on a criminal investigation into renovations of the central bank’s headquarters. Wall Street scaled a fresh all-time high amid growing optimism among investors that the US-Israel war on Iran will soon be over. The supreme court justice Ketanji Brown Jackson has delivered a sustained attack on her conservative colleagues’ use of emergency orders to benefit the Trump administration. Trump defended his consumption of diet soda by suggesting it might help prevent cancer, according to recent comments shared by Mehmet Oz . The US and Iran have been in indirect talks aimed at extending the two-week ceasefire beyond its expiry on 22 April, as Pakistan’s army chief arrived in Tehran to continue mediation efforts. John Eastman , the Republican legal scholar who convinced Trump he could stay in office despite losing the 2020 election, lost his license to practice law in California . Continue reading...