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RPT-Temenos shares spiked before news report on takeover

Shares of Switzerland's Temenos AG rose as much as 10% in afternoon trading on Tuesday before the publication of a news report saying the software firm may be subject of a takeover bid, leading several market participants to question whether someone had been tipped off.

Zurich , Züsz , Switzerland , Milan , Lombardia , Italy , Swiss , Mark-potter , Danilo-masoni , Matthew-earl , Paritosh-bansal , Bloomberg

Phillips 66 posts second straight quarterly profit as fuel demand rebounds

Phillips 66 posted a quarterly profit that trounced market expectations on Friday, as its refining margins jumped nearly five-fold on resurging demand for motor fuels following COVID-19 vaccinations and easing restrictions.

Louisiana , United-states , Houston , Texas , Bengaluru , Karnataka , India , Arunima-kumar , Alliance-refinery , Thomson-reuters-trust-principles , Valero-energy-corp , Energy-inc

Phillips 66 profit blasts past estimates on refining margins boost

Phillips 66 posted a quarterly profit that trounced market expectations on Friday, as its refining margins jumped nearly five-fold on resurging demand for motor fuels following COVID-19 vaccinations and easing restrictions.

Louisiana , United-states , Bengaluru , Karnataka , India , Arunima-kumar , Thomson-reuters-trust-principles , Alliance-refinery , Reuters , Executive-officer-greg-garland , Hurricane-ida , Thomson-reuters-trust

Indian shares edge lower as metals drag; Indusind Bank surges 6%

Indian shares fell on Thursday, dragged down by metals stocks on the back of sharp declines in global prices, while private lender IndusInd Bank jumped nearly 6% on strong quarterly results.

Bengaluru , Karnataka , India , Nallur-sethuraman , Thomson-reuters-trust-principles , Indusind-bank , Reuters , Adani-ports , Thomson-reuters-trust , Stocks- , Asia-pacific , Asia

Indian shares fall as metals stocks slump; Adani Ports dives 7%

Indian shares fell on Thursday, dragged down by metals stocks on the back of sharp declines in global prices, while Adani Ports slumped 7% after saying it would exit its Myanmar investment.

China , India , Bengaluru , Karnataka , New-delhi , Delhi , Chinese , Saurabh-jain , Subhranshu-sahu , Nallur-sethuraman , Thomson-reuters-trust-principles , Indusind-bank

UPDATE 2-Shares in Spain's Fluidra tumble after profit misses expectations

Shares in Spain's Fluidra , the world's largest maker of swimming pool equipment, slid on Thursday as nine-month net profit fell short of expectations despite almost tripling from a year earlier.

United-states , Spain , Barcelona , Comunidad-autonoma-de-cataluna , American , Joan-faus , Tomas-cobos , Joanna-jonczyk-gwizdala , Edwina-gibbs , Thomson-reuters-trust-principles , Reuters , North-american

UPDATE 1-Global bond rout raises worries over 'distressed market'

Global short-end government bonds extended a major sell-off on Thursday with two-year debt yields on track for their biggest spike in years, spooking investors and raising concerns on the impact of these large moves on leveraged portfolios.

Germany , Mediolanum , Lombardia , Italy , Australia , Canada , London , City-of , United-kingdom , Aussie , Canadian , Stuart-cole

UPDATE 2-Shares in Spain's Fluidra tumble after profit misses expectations

Shares in Spain's Fluidra , the world's largest maker of swimming pool equipment, slid on Thursday as nine-month net profit fell short of expectations despite almost tripling from a year earlier.

United-states , Spain , Barcelona , Comunidad-autonoma-de-cataluna , American , Joan-faus , Tomas-cobos , Joanna-jonczyk-gwizdala , Edwina-gibbs , Thomson-reuters-trust-principles , Reuters , North-american

Brazil food processor BRF shares up 5.6% on M&A talk, upgrade

Shares in food processor BRF SA were up more than 5% in morning trading in Sao Paulo, following an analyst upgrade and with markets continuing to speculate about a potential acquisition of the company by Marfrig Global Foods SA.

Sao-paulo , Sãpaulo , Brazil , Tatiana-bautzer , Marcos-molina , David-holmes , Thomson-reuters-trust-principles , Reuters , Marfrig-global-foods , Leandro-fontanesi , Abilio-diniz , Paula-laier

Microsoft nearly overtakes Apple as most valuable company

A surge in Microsoft Corp's shares nearly unseated Apple Inc as the world's most valuable company on Wednesday, a day before the iPhone maker reports its quarterly results.

San-francisco , California , United-states , Matthew-lewis , Noel-randewich , Thomson-reuters-trust-principles , Microsoft-corp , Apple-inc , Reuters , Microsoft , Wall-street , Thomson-reuters-trust