CNH Industrial raises revenue guidance on robust tractor demand

By Bianca Flowers and Giulio Piovaccari MILAN (Reuters) – Agricultural and construction machine maker CNH Industrial on Friday raised its full-year revenue forecast as operating profit topped expectations in the first quarter, aided by a strong order backlog and resilient demand for its large tractors. Shares for the global industrial manufacturer rebounded in early trading…

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Smoldering Iran nuclear crisis risks catching fire

By Arshad Mohammed, John Irish, Jonathan Landay and Parisa Hafezi WASHINGTON/PARIS/DUBAI (Reuters) -Even as the United States and its European allies grapple with Russia’s invasion of Ukraine and rising tensions with China, the smoldering crisis over Iran’s nuclear program threatens to reignite. In a sign of European concern, Britain, France and Germany have warned Iran…

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Broadcom CEO seeks to convince EU on $61 billion VMware deal

By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom’s Chief Executive Hock Tan on Friday will try to convince EU antitrust enforcers that his proposed $61 billion bid for cloud computing firm VMware, which has triggered scrutiny on both sides of the Atlantic, is pro-competitive. Tan, flanked by his executives and lawyers, arrived early…

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Cubans, waylaid by weather and fuel shortage, march for May Day five days late

HAVANA (Reuters) – Cubans rallied on Havana’s Malecon waterfront boulevard to celebrate International Worker’s Day on Friday, five days after the planned May 1 event was called off due to foul weather and a fuel crisis that has crippled public transport on the island. Thousands of Cubans, many dressed in white, red and blue t-shirts,…

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Spain gives Vivendi approval to raise stake in media group Prisa

MADRID (Reuters) – Spanish media company Prisa said on Friday its second-largest shareholder Vivendi, had obtained the Spanish government’s go-ahead to raise its stake in the publisher of the El Pais newspaper. The Spanish government has given authorisation for Vivendi to exchange the Prisa convertible bonds it acquired in February into equity, Prisa said in…

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After acrimonious resignation, Pope tells abuse commission to ‘move forward’

By Philip Pullella VATICAN CITY (Reuters) -Pope Francis on Friday praised the work of an international Vatican commission on sexual abuse prevention, following the recent acrimonious resignation of a high-profile member who accused it of lacking transparency. In an address to a plenary session of the Pontifical Commission for the Protection of Minors, Francis made…

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