Reuters

(Reuters) - Moody's on Thursday beat Wall Street estimates for first-quarter profit, helped by demand for its research and analytics products.

The New York-based company recorded robust sales of its products including CreditView.

WHY IT'S IMPORTANT

With growing expectations of the U.S. avoiding a recession, investors are increasingly spending more on analytics and data-related products to enable better investment... (continue reading...)

By Dan Peleschuk

DONETSK REGION, Ukraine (Reuters) - The soldiers manning a U.S.-supplied M777 howitzer close to the front in Ukraine's eastern Donetsk region have seen the enemy advance in recent weeks, slowly but surely, and wish they could do more to stop it.

Like other artillery positions along the 1,000-km (621-mile) contact line in eastern and southern Ukraine, they do not have the shells they need to suppress the Russian attacks... (continue reading...)

(Reuters) - Huntington Ingalls reported a better-than-expected quarterly earnings on Thursday, on the back of demand for aircraft carriers, amphibious assault ships and submarines amid high geopolitical tension.

WHY IT IS IMPORTANT

Demand for submarines and aircraft carriers is surging, fueled by China's expanding naval footprint and high global tensions, benefiting shipbuilding giants such as Huntington Ingalls.

CONTEXT

PARIS (Reuters) - Paris' Sciences Po university has rejected demands by protesters to set up a working group to review its relations with Israeli universities, its interim director Jean Basseres told reporters on Thursday, following a townhall with students and staff.

The townhall was one of the conditions last week for students to call off for now their protests over war in Gaza.

Many were also asking for the university to cut all ties... (continue reading...)

(Reuters) - Real estate investment trust Kimco Realty raised its forecast for 2024 funds from operations on Thursday, banking on robust leasing demand at its open-air grocery-anchored shopping centers.

Commercial real estate investment trusts such as Kimco have benefited from a shrinking supply of rental spaces, giving them room to raise rental rates.

The New York-based company also topped market expectations for first-quarter funds from... (continue reading...)