(Reuters) - Pop-Tarts maker Kellanova beat Wall Street estimates for first-quarter sales and profit on Thursday, boosted by higher prices and firm demand for its breakfast cereals and ready-to-eat snacks.
The Rice Krispies maker's shares were up nearly 2% in premarket trading.
Kellanova, which rebranded itself late last year, is known for its diverse portfolio of brands like Grahams Crackers, Nutri-Grain breakfast bars and frozen food... (continue reading...)
By Steven Scheer
JERUSALEM (Reuters) - Israeli cyber security start-up Apex, which focuses on protecting the rapid use of artificial intelligence (AI) tools, said on Thursday it received an undisclosed investment from OpenAI Chief Executive Sam Altman.
In all, Apex raised $7 million in a seed funding round led by Sequoia Capital, with participation from Index Ventures, Altman and others, it said. Altman did not immediately comment.
... (continue reading...)ATHENS (Reuters) - The convicted leader and founder of Greece's far-right Golden Dawn party, Nikos Mihaloliakos, has been released from prison on parole, a Greek police source and state television ERT said on Thursday.
Mihaloliakos, 66, and other members of Golden Dawn were sentenced in 2020 for running a criminal gang linked to hate crimes during the country's economic crisis.
Mihaloliakos, who was serving a 13-year sentence in a prison... (continue reading...)
ROME (Reuters) - The European Court of Human Rights (ECHR) on Thursday ruled in favour of Italy's long-standing demand that the Getty Villa Museum in the United States return an ancient Greek statue which Rome claims was smuggled out of the country decades ago.
The bronze, life-size statue known as the "Victorious Youth" is of a naked young man crowning himself with a wreath. It was made by Greek sculptor Lysippos between 300 and 100 BC and discovered... (continue reading...)
(Reuters) -Auto parts supplier Aptiv Plc on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor.
Under the agreement, Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding.
The transactions are expected reduce Aptiv's common equity interest from 50% as of March 31, 2024 to about 15%.
... (continue reading...)More Reuters
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