(RTTNews) - Airbus SE announced that shareholders approved all resolutions proposed at its 2026 Annual General Meeting (AGM), held on 14 April in Amsterdam. The resolutions included the renewal of Board mandates for Non-Executive Members Mark Dunkerley, Stephan Gemkow, and Antony
(RTTNews) - Airbus SE announced that shareholders approved all resolutions proposed at its 2026 Annual General Meeting (AGM), held on 14 April in Amsterdam. The resolutions included the renewal of Board mandates for Non-Executive Members Mark Dunkerley, Stephan Gemkow, and Antony
Maskot/DigitalVision via Getty Images Summary I gave a buy rating to Globant SA ( GLOB ) as I expected the market to re-rate multiples upward as GLOB would start to show growth acceleration. I still think the recovery story works, but it is taking longer, and the setup is less clean now. Bookings and pipeline have improved, which is encouraging, but the key issue has shifted to conversion. Larger ...
Maskot/DigitalVision via Getty Images Summary I gave a buy rating to Globant SA ( GLOB ) as I expected the market to re-rate multiples upward as GLOB would start to show growth acceleration. I still think the recovery story works, but it is taking longer, and the setup is less clean now. Bookings and pipeline have improved, which is encouraging, but the key issue has shifted to conversion. Larger deals are still taking time to ramp, and the AI transition may weigh on headline revenue growth. The recovery story My idea of GLOB’s equity story was that growth should improve over the next two years as demand got better, clients started spending again, and AI became a bigger part of the story. I also thought that there was enough evidence to convince the market, be it via backlog strength, delivery capacity, or expansion into new areas. The broader recovery angle is still there, but the underlying support has shifted from a broad recovery in spending to more company-specific. The good news is that the path to improvement is more visible now, as the expected growth re-acceleration is tied to projects that are already signed and still need to ramp up. But at the same time, it also makes execution more important. If the ramp-up is slower than expected, then revenue growth recovery gets pushed out again. The more important change, though, is AI. I framed AI as part of the upside case, as we lacked proof that it could be meaningful. That is not the case today. GLOB is now actively pushing AI-pods with a pricing model based on outcomes or usage instead of traditional time-and-materials work. And this is huge because it shows us that AI not only can help to capture demand, but it could also improve the economics of the business. Sure, this new AI model may come at lower pricing, but lower pricing for clients does not automatically mean a worse outcome for GLOB if margins are better and the work becomes less tied to labor. This actually extends the growth runway and GLOB’s abili...
Small-cap stocks have stood out in India, erasing losses from the US-Iran war even as larger peers lag. The NSE Nifty Smallcap 250 Index has clawed back declines of more than 10% since the conflict began. It jumped more than 2% on Wednesday as the US and Iran considered talks to end the war. Meanwhile, the main Nifty 50 Index is still about 4% away from recovering the lost ground. Smaller stocks, ...
Small-cap stocks have stood out in India, erasing losses from the US-Iran war even as larger peers lag. The NSE Nifty Smallcap 250 Index has clawed back declines of more than 10% since the conflict began. It jumped more than 2% on Wednesday as the US and Iran considered talks to end the war. Meanwhile, the main Nifty 50 Index is still about 4% away from recovering the lost ground. Smaller stocks, often seen as a barometer of market animal spirits, are drawing renewed attention after more than a year of underperformance versus larger caps. Flows to small-cap mutual funds in March surged 61% from a month ago to 63 billion rupees, as retail investors bought into the war-driven declines.
The Justice Department on Tuesday asked a federal appeals court to throw out the seditious conspiracy convictions of Proud Boys and Oath Keepers leaders, for their role in the Jan. 6, 2021, U.S. Capitol attack. (Image credit: Jacquelyn Martin)
The Justice Department on Tuesday asked a federal appeals court to throw out the seditious conspiracy convictions of Proud Boys and Oath Keepers leaders, for their role in the Jan. 6, 2021, U.S. Capitol attack. (Image credit: Jacquelyn Martin)
(RTTNews) - RTW Biotech Opportunities Ltd (RTW.L), on Wednesday, noted that Galera Therapeutics, Inc. (GRTX) has entered into a definitive agreement to merge with private portfolio company Obsidian Therapeutics Inc. in a reverse merger transaction.
(RTTNews) - RTW Biotech Opportunities Ltd (RTW.L), on Wednesday, noted that Galera Therapeutics, Inc. (GRTX) has entered into a definitive agreement to merge with private portfolio company Obsidian Therapeutics Inc. in a reverse merger transaction.
UK recruiters said the conflict in the Middle East may hurt global recruitment markets, dimming the outlook just as hiring started to pick up in some geographies. Robert Walters Plc said that while the impact is currently limited to the Middle East region, the company is watching out for the “potential downstream macroeconomic impact in other markets should tensions be protracted.” The northern Eu...
UK recruiters said the conflict in the Middle East may hurt global recruitment markets, dimming the outlook just as hiring started to pick up in some geographies. Robert Walters Plc said that while the impact is currently limited to the Middle East region, the company is watching out for the “potential downstream macroeconomic impact in other markets should tensions be protracted.” The northern Europe business remained “challenging” in the first quarter, though there were some signs of progress in the UK, Spain and New Zealand. This cautious view echoes peer Pagegroup Plc , which warned on Tuesday of an increasingly uncertain outlook as the Iran war hurts consumer and business confidence. The British and European markets were particularly weak in the first quarter, the recruiter said, while the Americas and Asia Pacific delivered a more encouraging performance. “A meaningful recovery in 2026 seems implausible ” for Pagegroup, according to Bloomberg Intelligence analysts Stuart Gordon and Evgeniy Batchvarov . “Heightened geopolitical risks look set to keep hiring volumes subdued through 2026, limiting any rebound,” they said.