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09

Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring

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Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.

GBP/SGD Likely to Stay Under Pressure, Charts Show

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GBP/SGD will likely remain under pressure, at least for the next one to two months, based on charts, UOB said.

Eurozone Bond Yields Could Rise If PMI Data Beat Forecasts

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French, German and eurozone PMIs matching or beating consensus views could be sufficient in the current environment to push bond yields through resistance levels, both at the front and at the long end of the curve, KBC said.

JD Sports Buys Hibbett in Push Into U.S. Market

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JD Sports Fashion is buying Hibbett in a deal that values the American sporting-goods retailer at $1 billion.

Primark Owner AB Foods Profit Rises on Easing Costs

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Primark owner AB Foods reported a higher profit for the first half, benefiting from some normalization of its markets and in the supply chain despite sales coming in below expectations.

DNB Earnings Supported by Corporate Market and Strong Economy

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DNB Bank’s first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy.

Renault's Group Revenue Beats Expectations

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Renault confirmed its guidance for 2024 after its group revenue rose in the first quarter on higher sales, but revenue from its cars division fell slightly on unfavorable exchange rates.

08

Akzo Nobel Beats Views as Sales Volumes Rise

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Akzo Nobel reported a growth in revenue and adjusted earnings for the first quarter that exceeded expectations, with higher volumes helping its top line, and backed its outlook for the year.

Chinese Bubble Tea Maker Slides in Hong Kong Trading Debut

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Shares of Chinese bubble tea maker Sichuan Baicha Baidao Industrial slumped on lukewarm demand and comes ahead of planned listings by tea rivals Mixue Ice Cream & Tea and Guming.

ECB Will Consider Fed's Progress When Deciding on Rate Cuts, De Guindos Says

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The ECB will take account of the Fed’s progress in lowering inflation when it decides the pace of cuts to its key interest rate after a first move in June, its vice president said in an interview.

Novartis Ups Guidance on Profit, Sales Growth

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Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs.

Singapore Inflation Cooled More Than Expected in March

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Singapore’s easing but still high levels of inflation will likely add to expectations that the central bank will keep monetary policy settings tight.

07

China's Economy Is 'Failing,' U.S. Indo-Pacific Commander Says

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The U.S. military commander in the Indo-Pacific said he didn’t believe the economic growth figures reported by China and described the country’s economy as failing.

Inside the Race to Revolutionize Quantum Computing

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AI is the technology trend of the moment—but what’s 10 years down the road? Some experts say quantum computing will be the next game changer. WSJ visited IBM’s quantum computing lab to learn why.

Several prominent universities took steps to stem further fallout from on-campus confrontations over the Israel-Hamas war,

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Several prominent universities took steps to stem further fallout from on-campus confrontations over the Israel-Hamas war, as the schools braced for more heated protests and escalating security concerns.

Trump orchestrated a criminal conspiracy to influence the 2016 election, then sought to cover up a hush-money payment to

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Trump orchestrated a criminal conspiracy to influence the 2016 election, then sought to cover up a hush-money payment to a porn star by lying in his New York business records over and over again, a prosecutor alleged as the former…

Lawyers for Trump agreed to put tighter restrictions on the $175 million bond he was required to post in a civil-fraud case.

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Lawyers for Trump agreed to put tighter restrictions on the $175 million bond he was required to post in a civil-fraud case.

Germany detained three people suspected of spying on sensitive military technology for China.

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Germany detained three people suspected of spying on sensitive military technology for China.

Israel's military spy chief resigned, becoming the first senior official to step down over intelligence failures that enabled the Hamas-led attacks on Oct. 7.

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Israel’s military spy chief resigned, becoming the first senior official to step down over intelligence failures that enabled the Hamas-led attacks on Oct. 7.

What's News: World-Wide

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What’s News: World-Wide

Turning a Vault Into a Bomb Shelter: How Citigroup Has Kept Its Bank Running Inside Ukraine

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Two years into the war, Citigroup is the only U.S. bank around, navigating a sometimes treacherous landscape

Pepper...and Salt

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Pepper...and Salt

06

China Finance Ministry Voices Support for Central Bank Bond Trading

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China’s finance ministry has said it is in favor of the central bank resuming trading Treasury bonds, a move that would see the monetary authority dust off a rarely used tool in its policy kit.

GEF Capital raised $325 million to back midsize companies that help other businesses consume energy more efficiently.

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GEF Capital raised $325 million to back midsize companies that help other businesses consume energy more efficiently.

Major U.S. stock indexes rallied, with the S&P 500, Nasdaq and Dow gaining 0.9%, 1.1% and 0.7%, respectively, after a stretch of poor or indifferent performance.

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Major U.S. stock indexes rallied, with the S&P 500, Nasdaq and Dow gaining 0.9%, 1.1% and 0.7%, respectively, after a stretch of poor or indifferent performance.

Earnings this week from several of the biggest technology companies offer the next opportunity for stocks to regain their footing after sharp selloffs last week.

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Earnings this week from several of the biggest technology companies offer the next opportunity for stocks to regain their footing after sharp selloffs last week.

Sam Altman is betting that a new twist on solar power and energy storage can handle some of the ravenous electricity demands of the artificial-intelligence industry's data centers.

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Sam Altman is betting that a new twist on solar power and energy storage can handle some of the ravenous electricity demands of the artificial-intelligence industry’s data centers.

Tesla and Li Auto are in an intensifying price war in China, undercutting each other as sales of electric and hybrid vehicles there surpassed those of traditional cars for the first time.

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Tesla and Li Auto are in an intensifying price war in China, undercutting each other as sales of electric and hybrid vehicles there surpassed those of traditional cars for the first time.

Hipgnosis said it received a $1.50 billion approach from Blackstone that the song-catalog fund would be prepared to recommend to shareholders if a formal takeover bid were made.

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Hipgnosis said it received a $1.50 billion approach from Blackstone that the song-catalog fund would be prepared to recommend to shareholders if a formal takeover bid were made.

FTC Blocks $8.5 Billion Deal Uniting Coach, Michael Kors

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The antitrust regulator says Tapestry’s purchase of Capri Holdings hurts competition among affordable luxury handbag sellers; Companies vow to defend merger.