Finance

Italy’s Leonardo improves 2025 guidance on orders, cash, net debt

Italy’s Leonardo improves 2025 guidance on orders, cash, net debt

ROME (Reuters) -Italy’s aerospace and defence group Leonardo on Wednesday improved its 2025 guidance for orders, free cash flow and net debt, after posting “solid” results for t...

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Housing contract activity slumped again in June as buyers remain priced out

Housing contract activity slumped again in June as buyers remain priced out

Home contract signings slumped more than expected in June, the latest sign that the housing market is still essentially frozen. The Pending Home Sales Index slumped 0.8% from May and 2.8% from a y...

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Palo Alto Networks buying CyberArk in cash-and-stock deal valued at about $25 billion

Palo Alto Networks buying CyberArk in cash-and-stock deal valued at about $25 billion

Cybersecurity company Palo Alto Networks is buying CyberArk in a cash-and-stock deal valued at approximately $25 billion. CyberArk, which is based in Petach-Tikva, Israel, develops software that ...

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Bank of Canada says risk of severe global trade conflict has diminished

Bank of Canada says risk of severe global trade conflict has diminished

OTTAWA, July 30 (Reuters) – The risk of a severe and escalating global trade conflict has diminished since April and there is some clarity about what U.S. tariffs will look like, the Bank o...

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Factbox-India-US trade talks go off rails on row over farm markets

Factbox-India-US trade talks go off rails on row over farm markets

By Manoj Kumar NEW DELHI (Reuters) -President Donald Trump said on Wednesday the United States would impose a 25% tariff on Indian goods starting August 1, citing New Delhi’s high tariffs and stri...

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Software startup Observe raises $156 million in Sutter Hill-led fundraise

Software startup Observe raises $156 million in Sutter Hill-led fundraise

By Aditya Soni (Reuters) -Observe, whose tools help detect and resolve issues in app systems, said it has raised $156 million in a funding round led by private equity firm Sutter Hill Ventures as ...

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